Technology · Semiconductors

Micron Technology, Inc.

NASDAQMU ISINUS5951121038 SEC CIK0000723125 Listed on NASDAQ · USD

$777.52 -33.78 (-4.16%) Pre-market $769.74 (-5.12%) ≈ ₹72,971 a share

Open chart

Price, last 12 months+241.00% in a year

Key numbers

Market value: $879.70B
P/E (TTM): 10.5
Forward P/E: 4.4
EPS (TTM): $74.24
Dividend yield: 0.08%
Beta: 2.40
Day range: $764.57 – $798.35
52-week range: $192.59 – $1,255.00
Volume: 9,480,413
10-day avg volume: $36.04M
Revenue (TTM): $133.19B
EBITDA (TTM): $109.34B
Gross margin: 80.7%
Net margin: 63.8%
Return on equity: 88.3%
Debt / equity: 3.7%
Price / sales: 6.61
Shares out: 1.13B

52W low52W high

Quarterly results

Results for each quarter

Last 12 quarters from 10-Q and 10-K filings with the US SEC. Q4 = full year minus the first three quarters. Hover a bar to see the number.

Revenue and net income

$4.73B$-1.13B$-1.23B

Nov 23

$5.82B$191.00M$793.00M

Feb 24

$6.81B$719.00M$332.00M

May 24

$7.75B$1.52B$887.00M

Aug 24

$8.71B$2.17B$1.87B

Nov 24

$8.05B$1.77B$1.58B

Feb 25

$9.30B$2.17B$1.89B

May 25

$11.32B$3.65B$3.20B

Aug 25

$13.64B$6.14B$5.24B

Nov 25

$23.86B$16.14B$13.79B

Feb 26

$41.46B$33.32B$28.24B

May 26

$54.23B$43.75B$37.70B

Sep 26

Revenue · QoQ (vs last quarter)

—+23%+17%+14%+12%-7.5%+15%+22%+21%+75%+74%—

Revenue · YoY (vs a year ago)

————+84%+38%+37%+46%+57%+196%+346%—

Net income · QoQ (vs last quarter)

—+164%-58%+167%+111%-15%+19%+70%+64%+163%+105%—

Net income · YoY (vs a year ago)

————+252%+100%+468%+261%+180%+771%+1,398%—

RevenueOperating incomeNet incomeLine = trend

US$	Nov 23	Feb 24	May 24	Aug 24	Nov 24	Feb 25	May 25	Aug 25	Nov 25	Feb 26	May 26	Sep 26
Revenue	$4.73B	$5.82B	$6.81B	$7.75B	$8.71B	$8.05B	$9.30B	$11.32B	$13.64B	$23.86B	$41.46B	$54.23B
Cost of revenue	$4.76B	$4.75B	$4.98B	$5.01B	$5.36B	$5.09B	$5.79B	$6.26B	$6.00B	$6.11B	$6.40B	$7.18B
Gross profit	$-35.00M	$1.08B	$1.83B	$2.74B	$3.35B	$2.96B	$3.51B	$5.05B	$7.65B	$17.76B	$35.06B	$47.05B
Gross margin	-0.7%	18.5%	26.9%	35.3%	38.4%	36.8%	37.7%	44.7%	56.0%	74.4%	84.6%	86.8%
Research & development	$845.00M	$832.00M	$850.00M	$903.00M	$888.00M	$898.00M	$965.00M	$1.05B	$1.17B	$1.25B	$1.32B	$1.91B
Selling, general & admin	$263.00M	$280.00M	$291.00M	$295.00M	$288.00M	$285.00M	$318.00M	$314.00M	$337.00M	$344.00M	$407.00M	$859.00M
Operating income	$-1.13B	$191.00M	$719.00M	$1.52B	$2.17B	$1.77B	$2.17B	$3.65B	$6.14B	$16.14B	$33.32B	$43.75B
Operating margin	-23.9%	3.3%	10.6%	19.6%	25.0%	22.0%	23.3%	32.3%	45.0%	67.6%	80.4%	80.7%
Interest expense	$132.00M	$144.00M	$150.00M	$136.00M	$118.00M	$112.00M	$123.00M	$124.00M	$74.00M	$32.00M	$0	$0
Pre-tax income	$-1.16B	$170.00M	$715.00M	$1.51B	$2.15B	$1.76B	$2.11B	$3.63B	$6.06B	$16.16B	$33.21B	$44.24B
Income tax	$73.00M	$-622.00M	$377.00M	$623.00M	$283.00M	$177.00M	$235.00M	$429.00M	$829.00M	$2.37B	$4.98B	$6.58B
Net income	$-1.23B	$793.00M	$332.00M	$887.00M	$1.87B	$1.58B	$1.89B	$3.20B	$5.24B	$13.79B	$28.24B	$37.70B
Net margin	-26.1%	13.6%	4.9%	11.4%	21.5%	19.7%	20.3%	28.3%	38.4%	57.8%	68.1%	69.5%
EPS (diluted)	$-1.12	$0.71	$0.30	—	$1.67	$1.41	$1.68	—	$4.60	$12.07	$24.67	—

Income statement

Results for each year

8 fiscal years from the company's 10-K filings with the US SEC.

Revenue, gross profit and net income

$23.41B$10.70B$6.31B

FY19

$21.44B$6.55B$2.69B

FY20

$27.71B$10.42B$5.86B

FY21

$30.76B$13.90B$8.69B

FY22

$15.54B$-1.42B$-5.83B

FY23

$25.11B$5.61B$778.00M

FY24

$37.38B$14.87B$8.54B

FY25

$133.19B$107.50B$84.97B

FY26

Revenue · YoY (vs a year ago)

—-8.4%+29%+11%-49%+62%+49%+256%

Net income · YoY (vs a year ago)

—-57%+118%+48%-167%+113%+998%+895%

RevenueGross profitNet incomeLine = trend

$5.51

FY19

$2.37

FY20

$5.14

FY21

$7.75

FY22

$-5.34

FY23

$0.70

FY24

$7.59

FY25

$74.33

FY26

EPS (diluted) · YoY (vs a year ago)

—-57%+117%+51%-169%+113%+984%+879%

EPS (diluted)Line = trend

US$	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$23.41B	$21.44B	$27.71B	$30.76B	$15.54B	$25.11B	$37.38B	$133.19B
Revenue growth	—	-8.4%	29.3%	11.0%	-49.5%	61.6%	48.9%	256.3%
Cost of revenue	$12.70B	$14.88B	$17.28B	$16.86B	$16.96B	$19.50B	$22.51B	$25.68B
Gross profit	$10.70B	$6.55B	$10.42B	$13.90B	$-1.42B	$5.61B	$14.87B	$107.50B
Gross margin	45.7%	30.6%	37.6%	45.2%	-9.1%	22.4%	39.8%	80.7%
Research & development	$2.44B	$2.60B	$2.66B	$3.12B	$3.11B	$3.43B	$3.80B	$5.65B
Selling, general & admin	$836.00M	$881.00M	$894.00M	$1.07B	$920.00M	$1.13B	$1.21B	$1.95B
Operating income	$7.38B	$3.00B	$6.28B	$9.70B	$-5.75B	$1.30B	$9.77B	$99.34B
Operating margin	31.5%	14.0%	22.7%	31.5%	-37.0%	5.2%	26.1%	74.6%
Depreciation & amortisation	$5.42B	$5.65B	$6.21B	$7.12B	$7.76B	$7.78B	$8.35B	$9.50B
Interest expense	$128.00M	$194.00M	$183.00M	$189.00M	$388.00M	$562.00M	$477.00M	$106.00M
Pre-tax income	$7.05B	$2.98B	$6.22B	$9.57B	$-5.66B	$1.24B	$9.65B	$99.67B
Income tax	$693.00M	$280.00M	$394.00M	$888.00M	$177.00M	$451.00M	$1.12B	$14.76B
Tax rate	9.8%	9.4%	6.3%	9.3%	—	36.4%	11.6%	14.8%
Net income	$6.31B	$2.69B	$5.86B	$8.69B	$-5.83B	$778.00M	$8.54B	$84.97B
Net margin	27.0%	12.5%	21.2%	28.2%	-37.5%	3.1%	22.8%	63.8%
EPS (diluted)	$5.51	$2.37	$5.14	$7.75	$-5.34	$0.70	$7.59	$74.33

Balance sheet

Assets and debt

At each fiscal year end.

Equity, debt and cash

$35.88B$1.31B$7.96B

FY19

$39.00B$6.43B$8.14B

FY20

$43.93B$6.12B$8.63B

FY21

$49.91B$6.12B$9.33B

FY22

$44.12B$12.33B$9.59B

FY23

$45.13B$11.77B$8.11B

FY24

$54.17B$12.09B$10.31B

FY25

$138.38B$3.28B$43.43B

FY26

Shareholders' equity · YoY (vs a year ago)

—+8.7%+13%+14%-12%+2.3%+20%+155%

Shareholders' equityTotal debtCash + short-term investmentsLine = trend

US$	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & equivalents	$7.15B	$7.62B	$7.76B	$8.26B	$8.58B	$7.04B	$9.64B	$38.36B
Short-term investments	$803.00M	$518.00M	$870.00M	$1.07B	$1.02B	$1.07B	$665.00M	$5.07B
Current assets	$16.50B	$17.97B	$19.91B	$21.78B	$21.24B	$24.37B	$28.84B	$91.07B
Total assets	$48.89B	$53.68B	$58.85B	$66.28B	$64.25B	$69.42B	$82.80B	$195.89B
Current liabilities	$6.39B	$6.64B	$6.42B	$7.54B	$4.77B	$9.25B	$11.45B	$27.48B
Long-term debt	—	$6.16B	$5.97B	$6.02B	$12.05B	$11.34B	$11.53B	$2.79B
Short-term debt	$1.31B	$270.00M	$155.00M	$103.00M	$278.00M	$431.00M	$560.00M	$491.00M
Total debt	$1.31B	$6.43B	$6.12B	$6.12B	$12.33B	$11.77B	$12.09B	$3.28B
Total liabilities	$12.02B	$14.68B	$14.92B	$16.38B	$20.13B	$24.29B	$28.63B	$57.51B
Shareholders' equity	$35.88B	$39.00B	$43.93B	$49.91B	$44.12B	$45.13B	$54.17B	$138.38B
Current ratio	2.58	2.71	3.10	2.89	4.46	2.64	2.52	3.31
Debt / equity	0.04	0.16	0.14	0.12	0.28	0.26	0.22	0.02
Return on equity	17.6%	6.9%	13.3%	17.4%	-13.2%	1.7%	15.8%	61.4%

Cash flow

Cash coming in and going out

Free cash flow = cash from operations minus capital spending. Shareholder returns = dividends + buybacks.

Free cash flow and shareholder returns

$13.19B$3.41B$2.73B

FY19

$8.31B$83.00M$176.00M

FY20

$12.47B$2.44B$1.20B

FY21

$15.18B$3.11B$2.89B

FY22

$1.56B$-6.12B$929.00M

FY23

$8.51B$121.00M$813.00M

FY24

$17.53B$1.67B$522.00M

FY25

$89.68B$58.96B$1.26B

FY26

Operating cash flow · YoY (vs a year ago)

—-37%+50%+22%-90%+446%+106%+412%

Free cash flow · YoY (vs a year ago)

—-98%+2,837%+28%-296%+102%+1,279%+3,435%

Operating cash flowFree cash flowDividends + buybacksLine = trend

US$	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash from operations	$13.19B	$8.31B	$12.47B	$15.18B	$1.56B	$8.51B	$17.53B	$89.68B
Capital spending	$-9.78B	$-8.22B	$-10.03B	$-12.07B	$-7.68B	$-8.39B	$-15.86B	$-30.71B
Free cash flow	$3.41B	$83.00M	$2.44B	$3.11B	$-6.12B	$121.00M	$1.67B	$58.96B
FCF margin	14.6%	0.4%	8.8%	10.1%	-39.4%	0.5%	4.5%	44.3%
Stock-based pay	$243.00M	$328.00M	$378.00M	$514.00M	$596.00M	$833.00M	$972.00M	$1.33B
Cash from investing	$-10.09B	$-7.59B	$-10.59B	$-11.59B	$-6.19B	$-8.31B	$-14.09B	$-61.64B
Cash from financing	$-2.44B	$-317.00M	$-1.78B	$-2.98B	$4.98B	$-1.84B	$-850.00M	$630.00M
Dividends paid	—	$0	$0	$-461.00M	$-504.00M	$-513.00M	$-522.00M	$-610.00M
Share buybacks	$-2.73B	$-176.00M	$-1.20B	$-2.43B	$-425.00M	$-300.00M	$0	$-650.00M

About

About Micron Technology, Inc.

Micron Technology, Inc. is an American multinational semiconductor company that manufactures computer memory and computer data storage products, including dynamic random-access memory (DRAM), flash memory, High Bandwidth Memory (HBM), and solid-state drives (SSDs). Founded in 1978 in Boise, Idaho, Micron is the only major American computer memory manufacturer. It is one of the "Big Three" computer memory manufacturers, along with the South Korean companies Samsung Electronics and SK Hynix.

From Wikipedia (CC BY-SA 4.0).

Company details

Company name: Micron Technology, Inc.
Ticker: MU
Exchange: NASDAQ
ISIN: US5951121038
SEC CIK: 0000723125
Sector: Technology
Industry: Semiconductors
SEC industry (SIC): Semiconductors & Related Devices (3674)
Incorporated in: Delaware
Financial year ends: 2 September
Filer type: Large accelerated filer
Latest annual report (10-K): 9 Oct 2026
CEO: Sanjay Mehrotra
Chair: Sanjay Mehrotra
Headquarters: Boise, Idaho, United States
Address: 8000 S Federal Way, Po Box 6, Boise, Id 83716-9632
Founded: 1978
Trades in: US dollars (USD)
Website: micron.com

News

Peers

Others in Technology

Quotes from CNBC (may be delayed), financials from SEC EDGAR, profile from global-stock-logos (MIT). Information only, not investment advice.

India, Wall Street, crypto and commodities, live.

Every product, one clear workflow.

Built from data, on the record.

A clearer view of the markets.

Calculators and tools that show the maths.

Read the numbers, not the noise.

Micron Technology, Inc.

Key numbers

Quarterly results

Revenue and net income

Income statement

Revenue, gross profit and net income

Balance sheet

Equity, debt and cash

Cash flow

Free cash flow and shareholder returns

About

Company details

News

Peers