Micron Technology Research & Development (R&D Expenses)

Research and Development (R&D) expenses of Micron Technology 2002-2021

Amounts are in $millions.

YearR&D Expenses ($mn)
2021$2,663
2020$2,600
2019$2,441
20182,141  
20171,824 
2016 1,617
20151,540 
20141,371 
2013 931
2012918 
2011 791
2010624 
2009647 
2008680 
2007805 
2006656 
2005604 
2004 755
2003 656.4
2002 561.3

2021: Micron technology spent $2,663 million on research and development in 2021 compared to $2,600 milllion in 2020. The company experienced significant growth in net sales and net income in 2021 compared to the previous year. Its net revenues for 2021 remained $ 27,705 milllion compared to $21,435 million on 2020. 

As of September 2, 2021, Micron technology owned approximately 15,400 active U.S. patents and 7,300 active foreign patents. It also had thousands of U.S. and foreign patent applications pending. Micron's patents have various terms expiring through 2041.

Research and Development expenses of Micron technology grew to $2.14 billion in 2018 from $1.82 billion in 2017.