What is Micron Technology's MCBU — R&D?

Micron Technology (MU) reported MCBU — R&D of $126M in Q1 2026.

How has Micron Technology's MCBU — R&D changed year-over-year?

Micron Technology's MCBU — R&D decreased by 46.6% year-over-year, from $236M to $126M.

What does MCBU — R&D mean?

Represents the expenses incurred by the Mobile and Client Business Unit for the design, development, and testing of new memory and storage technologies. This investment is crucial for maintaining competitive advantage through product innovation and performance improvements. It reflects the company's commitment to future-proofing its mobile and client product portfolio.

Micron Technology MU MCBU — R&D

Other segment segments

CMBU

$536M+105%

CDBU

$358M+76.4%

AEBU

$109M+0.9%

All other

$0-100%

Similar metrics at other companies

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$1.61M-50.4%

ADPTMrd Business — Research And Development Expense

$9.23M+0.7%

MBLYMobileye — Research And Development Expense

$245M+15.6%

HAEBlood Center — R&D

$1.03M-26.3%

CSL

CSLCCM — Research and development expenses

$8.4M+3.7%

CMIComponents — Research and Development Expense

$81M+8.0%

Other financials

Income statement

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Revenue$41.5B+346%

Gross profit$35.1B+899%

Operating income$33.3B+1,436%

Net income$28.2B+1,398%

EPS (diluted)$24.67+1,368%

Balance sheet

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Cash & equivalents$25.0B+146%

Total debt$5.7B-70.4%

Total equity$100.72B+98.5%

Total assets$134.11B+71.1%

Cash flow

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Operating cash flow$25.4B+451%

CapEx$7.8B+166%

Free cash flow$17.6B+951%

Valuation

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Market cap$1.02T+641%

Enterprise value$1T+582%

P/E20.2×-1.9×

P/S11.3×+7.2×

Profitability

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Gross margin72.6%+35.4pp

Operating margin65.6%+43.0pp

Net margin55.9%+37.5pp

FCF margin29%+23.4pp

Returns & leverage

See full

Return on equity66.6%+53.5pp

Debt / equity0.1×-0.3×

Current ratio3.4×+0.7×

Where this comes from

Reported directly by Micron Technology in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Micron Technology’s 10-Q, filed March 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Micron Technology's MCBU — R&D?: Micron Technology (MU) reported MCBU — R&D of $126M in Q1 2026.
How has Micron Technology's MCBU — R&D changed year-over-year?: Micron Technology's MCBU — R&D decreased by 46.6% year-over-year, from $236M to $126M.
What does MCBU — R&D mean?: Represents the expenses incurred by the Mobile and Client Business Unit for the design, development, and testing of new memory and storage technologies. This investment is crucial for maintaining competitive advantage through product innovation and performance improvements. It reflects the company's commitment to future-proofing its mobile and client product portfolio.