Operating Expenses

R&D

Micron Technology R&D increased by 6.7% to $1.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 39.2%, from $898.00M to $1.25B. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 9.3% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$670.00M$705.00M$712.00M$792.00M$773.00M$839.00M$849.00M$788.00M$758.00M$719.00M$845.00M$832.00M$850.00M$903.00M$888.00M$898.00M$965.00M$1.05B$1.17B$1.25B
QoQ Change+5.2%+1.0%+11.2%-2.4%+8.5%+1.2%-7.2%-3.8%-5.1%+17.5%-1.5%+2.2%+6.2%-1.7%+1.1%+7.5%+8.5%+11.8%+6.7%
YoY Change+15.4%+19.0%+19.2%-0.5%-1.9%-14.3%-0.5%+5.6%+12.1%+25.6%+5.1%+7.9%+13.5%+15.9%+31.9%+39.2%
Range$670.00M$1.25B
CAGR+14.0%
Avg YoY Growth+12.1%
Median YoY Growth+12.8%
Current Streak5 quarters growth

Business Segments

View all
SegmentQ1 '26
CMBU$536.00M
CDBU$358.00M
AEBU$109.00M
All other$0.00
Total$1.25B

Frequently Asked Questions

What is Micron Technology's r&d?
Micron Technology (MU) reported r&d of $1.25B in Q1 2026.
How has Micron Technology's r&d changed year-over-year?
Micron Technology's r&d increased by 39.2% year-over-year, from $898.00M to $1.25B.
What is the long-term trend for Micron Technology's r&d?
Over 4 years (2021 to 2025), Micron Technology's r&d has grown at a 9.3% compound annual growth rate (CAGR), from $2.66B to $3.80B.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.