MU · 8-K · 20260930PR000018
Operating Expense Trends
MICRON TECHNOLOGY INC · 2026-09-30 · Importance 63 · Surprise 64 · In source text
GAAP operating expenses increased to $3.296 billion in fiscal Q4 2026 from $1.738 billion sequentially and $1.400 billion year over year. Fiscal 2026 operating expenses were $8.164 billion, up 60.0% from $5.103 billion in fiscal 2025. Fiscal Q4 research and development expense was $1.913 billion, up 45.4% sequentially and 82.7% year over year, while selling, general and administrative expense was $859 million, up 111.1% sequentially and 173.6% year over year. Fiscal Q4 operating expenses included a $500 million patent license charge, with non-GAAP operating expenses of $2.568 billion.
Key facts
- FQ1-27 GAAP operating expenses outlook: Approximately $2.31 billion; Non-GAAP approximately $2.06 billion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | committed | — | FQ1-27 GAAP operating expenses outlook: Approximately $2.31 billion; Non-GAAP approximately $2.06 billion. |