The present technology relates to an electronic device. A memory device performing efficient soft decoding by reducing the number of data provided to a memory controller includes a memory cell array and a page buffer connected to the memory cell array through a bit line. The page buffer includes a plurality of latches and a read data operating component configured to generate a soft bit by logically operating soft data, which are data read from the memory cell array, and to provide the soft bit to a memory controller, in a second read operation performed when a first read operation has failed.