Micron Technology Income Statement

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

Millions USD. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 27, 2025	Aug '25 Aug 28, 2025	Aug '24 Aug 29, 2024	Aug '23 Aug 31, 2023	Sep '22 Sep 1, 2022	Sep '21 Sep 2, 2021
Revenue	42,312	37,378	25,111	15,540	30,758	27,705
Revenue Growth (YoY)	45.43%	48.85%	61.59%	-49.48%	11.02%	29.25%
Cost of Revenue	23,141	22,505	19,498	15,125	16,860	17,233
Gross Profit	19,171	14,873	5,613	415	13,898	10,472
Selling, General & Admin	1,254	1,205	1,129	920	1,066	894
Research & Development	4,081	3,798	3,430	3,114	3,116	2,663
Other Operating Expenses	65	61	-251	-45	7	119
Operating Expenses	5,400	5,064	4,308	3,989	4,189	3,676
Operating Income	13,771	9,809	1,305	-3,574	9,709	6,796
Interest Expense	-433	-477	-562	-388	-189	-183
Interest & Investment Income	528	496	529	468	96	37
Earnings From Equity Investments	16	9	-11	2	4	37
Currency Exchange Gain (Loss)	-93	-72	-13	10	-	-
Other Non Operating Income (Expenses)	28	6	15	4	-74	-
EBT Excluding Unusual Items	13,817	9,771	1,263	-3,478	9,546	6,687
Merger & Restructuring Charges	-30	-30	-1	-163	-48	-537
Impairment of Goodwill	-	-	-	-101	-	-
Gain (Loss) on Sale of Investments	-10	-10	-32	-7	36	82
Gain (Loss) on Sale of Assets	-	-	-	-	41	24
Asset Writedown	-9	-9	-	-1,839	-	-
Legal Settlements	-	-	-	-68	-	-
Other Unusual Items	-189	-59	-1	-	-	-1
Pretax Income	13,579	9,663	1,229	-5,656	9,575	6,255
Income Tax Expense	1,670	1,124	451	177	888	394
Earnings From Continuing Operations	11,909	8,539	778	-5,833	8,687	5,861
Net Income	11,909	8,539	778	-5,833	8,687	5,861
Net Income to Common	11,909	8,539	778	-5,833	8,687	5,861
Net Income Growth	206.78%	997.56%	-	-	48.22%	118.12%
Shares Outstanding (Basic)	1,120	1,116	1,105	1,093	1,112	1,120
Shares Outstanding (Diluted)	1,129	1,125	1,118	1,093	1,122	1,141
Shares Change (YoY)	0.49%	0.63%	2.29%	-2.58%	-1.67%	0.88%
EPS (Basic)	10.64	7.65	0.70	-5.34	7.81	5.23
EPS (Diluted)	10.54	7.59	0.70	-5.34	7.75	5.14
EPS Growth	204.55%	984.29%	-	-	50.78%	116.67%
Free Cash Flow	4,652	1,668	121	-6,117	3,114	2,438
Free Cash Flow Per Share	4.12	1.48	0.11	-5.60	2.77	2.14
Dividend Per Share	0.460	0.460	0.460	0.460	0.315	0.100
Dividend Growth	-	-	-	46.03%	215.00%	-
Gross Margin	45.31%	39.79%	22.35%	2.67%	45.18%	37.80%
Operating Margin	32.55%	26.24%	5.20%	-23.00%	31.57%	24.53%
Profit Margin	28.15%	22.84%	3.10%	-37.54%	28.24%	21.15%
Free Cash Flow Margin	11.00%	4.46%	0.48%	-39.36%	10.12%	8.80%
EBITDA	22,234	18,090	9,003	4,096	16,740	12,928
EBITDA Margin	52.55%	48.40%	35.85%	26.36%	54.43%	46.66%
D&A For EBITDA	8,463	8,281	7,698	7,670	7,031	6,132
EBIT	13,771	9,809	1,305	-3,574	9,709	6,796
EBIT Margin	32.55%	26.24%	5.20%	-23.00%	31.57%	24.53%
Effective Tax Rate	12.30%	11.63%	36.70%	-	9.27%	6.30%

Updated Nov 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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