Micron Technology, Inc. (MU)

Micron Technology Income Statement

Financials in millions USD. Fiscal year is September - August.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 28, 2025	Aug 29, 2024	Aug 31, 2023	Sep 1, 2022	Sep 2, 2021
Revenue	37,378	25,111	15,540	30,758	27,705
Revenue Growth (YoY)	48.85%	61.59%	-49.48%	11.02%	29.25%
Cost of Revenue	22,505	19,498	15,125	16,860	17,233
Gross Profit	14,873	5,613	415	13,898	10,472
Selling, General & Admin	1,205	1,129	920	1,066	894
Research & Development	3,798	3,430	3,114	3,116	2,663
Other Operating Expenses	61	-192	9	7	119
Operating Expenses	5,064	4,367	4,043	4,189	3,676
Operating Income	9,809	1,246	-3,628	9,709	6,796
Interest Expense	-477	-562	-388	-189	-183
Interest & Investment Income	496	529	468	96	37
Earnings From Equity Investments	9	-11	2	4	37
Other Non Operating Income (Expenses)	-135	1	14	-74	-
EBT Excluding Unusual Items	9,702	1,203	-3,532	9,546	6,687
Merger & Restructuring Charges	-39	-1	-171	-48	-537
Impairment of Goodwill	-	-	-101	-	-
Gain (Loss) on Sale of Investments	-	-32	-7	36	82
Gain (Loss) on Sale of Assets	-	59	54	41	24
Asset Writedown	-	-	-1,831	-	-
Legal Settlements	-	-	-68	-	-
Other Unusual Items	-	-	-	-	-1
Pretax Income	9,663	1,229	-5,656	9,575	6,255
Income Tax Expense	1,124	451	177	888	394
Earnings From Continuing Operations	8,539	778	-5,833	8,687	5,861
Net Income	8,539	778	-5,833	8,687	5,861
Net Income to Common	8,539	778	-5,833	8,687	5,861
Net Income Growth	997.56%	-	-	48.22%	118.12%
Shares Outstanding (Basic)	1,116	1,105	1,093	1,112	1,120
Shares Outstanding (Diluted)	1,125	1,118	1,093	1,122	1,141
Shares Change (YoY)	0.63%	2.29%	-2.58%	-1.67%	0.88%
EPS (Basic)	7.65	0.70	-5.34	7.81	5.23
EPS (Diluted)	7.59	0.70	-5.34	7.75	5.14
EPS Growth	984.29%	-	-	50.78%	116.67%
Free Cash Flow	1,668	121	-6,117	3,114	2,438
Free Cash Flow Per Share	1.48	0.11	-5.60	2.77	2.14
Dividend Per Share	0.460	0.460	0.460	0.315	0.100
Dividend Growth	-	-	46.03%	215.00%	-
Gross Margin	39.79%	22.35%	2.67%	45.18%	37.80%
Operating Margin	26.24%	4.96%	-23.35%	31.57%	24.53%
Profit Margin	22.84%	3.10%	-37.54%	28.24%	21.15%
Free Cash Flow Margin	4.46%	0.48%	-39.36%	10.12%	8.80%
EBITDA	18,161	8,944	4,042	16,740	12,928
EBITDA Margin	48.59%	35.62%	26.01%	54.43%	46.66%
D&A For EBITDA	8,352	7,698	7,670	7,031	6,132
EBIT	9,809	1,246	-3,628	9,709	6,796
EBIT Margin	26.24%	4.96%	-23.35%	31.57%	24.53%
Effective Tax Rate	11.63%	36.70%	-	9.27%	6.30%

Updated Sep 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q