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Micron Technology (MU) R&D spending by quarter

Micron Technology's R&D spending was $1.9B in Q4 FY26 (fourth quarter fiscal 2026), +45% from Q3 FY26. Over the last 7 quarters it ranged from $898M (Q2 FY25) to $1.9B (Q4 FY26).

Micron Technology R&D spending by quarterMicron Technology R&D spending by quarter$898MQ2 FY25$965MQ3 FY25$1.0BQ4 FY25$1.2BQ1 FY26$1.2BQ2 FY26$1.3BQ3 FY26$1.9BQ4 FY26
QuarterR&D spendingQ/QY/Y
Q4 FY26$1.9B+45%+83%
Q3 FY26$1.3B+5%+36%
Q2 FY26$1.2B+7%+39%
Q1 FY26$1.2B+12%—
Q4 FY25$1.0B+8%—
Q3 FY25$965M+7%—
Q2 FY25$898M——

Q4 FY26 at a glance

Micron Technology, Q4 FY26: revenue $54.2B (+379% year over year), operating margin 80.7%, net earnings $37.7B, operating cash flow $44.0B. The chart follows the revenue to costs, profit and cash.

Questions

What is Micron Technology's R&D spending?

Micron Technology's R&D spending was $1.9B in Q4 FY26 (fourth quarter fiscal 2026), +45% from Q3 FY26.

How has Micron Technology's R&D spending changed?

Over the last 7 quarters it ranged from $898M (Q2 FY25) to $1.9B (Q4 FY26).

Q4 FY26 results → · How Micron Technology makes money →