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	Feb '26 Feb 26, 2026	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	58,119	37,378	25,111	15,540	30,758	27,705
Revenue Growth (YoY)	85.55%	48.85%	61.59%	-49.48%	11.02%	29.25%
Cost of Revenue	24,156	22,505	19,498	16,956	16,860	17,282
Gross Profit	33,963	14,873	5,613	-1,416	13,898	10,423
Selling, General & Admin	1,313	1,205	1,129	920	1,066	894
Research & Development	4,433	3,798	3,430	3,114	3,116	2,663
Other Operating Expenses	84	100	-250	295	14	583
Total Operating Expenses	5,830	5,103	4,309	4,329	4,196	4,140
Operating Income	28,094	9,770	1,304	-5,745	9,702	6,283
Interest Income	575	496	529	468	96	37
Interest Expense	-353	-477	-562	-388	-189	-183
Other Non-Operating Income (Expense)	-351	-135	-31	7	-38	81
Total Non-Operating Income (Expense)	-129	-116	-64	87	-131	-65
Pretax Income	27,965	9,654	1,240	-5,658	9,571	6,218
Provision for Income Taxes	3,864	1,124	451	177	888	394
Net Income	24,111	8,539	778	-5,833	8,687	5,861
Minority Interest in Earnings	-10	-9	11	-2	-4	-37
Net Income to Common	24,111	8,539	778	-5,833	8,687	5,861
Net Income Growth	416.07%	997.56%	-	-	48.22%	118.12%
Shares Outstanding (Basic)	1,121	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)	0.52%	0.63%	2.29%	-2.58%	-1.67%	0.88%
EPS (Basic)	21.49	7.65	0.70	-5.34	7.81	5.23
EPS (Diluted)	21.39	7.59	0.70	-5.34	7.75	5.14
EPS Growth	412.97%	984.29%	-	-	50.78%	116.88%
Shares Outstanding	1,122	1,122	1,109	1,098	1,094	1,119
Free Cash Flow	10,281	1,668	121	-6,117	3,114	2,438
Free Cash Flow Growth	516.37%	1278.51%	-	-	27.73%	2837.35%
Free Cash Flow Per Share	9.11	1.48	0.11	-5.60	2.78	2.14
Dividends Per Share	0.495	0.460	0.460	0.460	0.315	0.100
Dividend Growth	7.61%	-	-	46.03%	215.00%	-
Gross Margin	58.44%	39.79%	22.35%	-9.11%	45.18%	37.62%
Operating Margin	48.34%	26.14%	5.19%	-36.97%	31.54%	22.68%
Profit Margin	41.47%	22.82%	3.14%	-37.55%	28.23%	21.02%
FCF Margin	17.69%	4.46%	0.48%	-39.36%	10.12%	8.80%
EBITDA	36,835	18,122	9,084	2,011	16,818	12,497
EBITDA Margin	63.38%	48.48%	36.18%	12.94%	54.68%	45.11%
EBIT	28,094	9,770	1,304	-5,745	9,702	6,283
EBIT Margin	48.34%	26.14%	5.19%	-36.97%	31.54%	22.68%
Effective Tax Rate	13.82%	11.64%	36.37%	-3.13%	9.28%	6.34%

Updated Mar 18, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q