Micron Technology, Inc. (MU)
NASDAQ: MU · Real-Time Price · USD
422.90
-21.37 (-4.81%)
At close: Mar 20, 2026, 4:00 PM EDT
425.50
+2.60 (0.61%)
After-hours: Mar 20, 2026, 7:59 PM EDT
Micron Technology Income Statement
Financials in millions USD. Fiscal year is September - August.
Millions USD. Fiscal year is Sep - Aug.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Feb '26 Feb 26, 2026 | Nov '25 Nov 27, 2025 | Aug '25 Aug 28, 2025 | May '25 May 29, 2025 | Feb '25 Feb 27, 2025 | Nov '24 Nov 28, 2024 | Aug '24 Aug 29, 2024 | May '24 May 30, 2024 | Feb '24 Feb 29, 2024 | Nov '23 Nov 30, 2023 | Aug '23 Aug 31, 2023 | Jun '23 Jun 1, 2023 | Mar '23 Mar 2, 2023 | Dec '22 Dec 1, 2022 | Sep '22 Sep 1, 2022 | Jun '22 Jun 2, 2022 | Mar '22 Mar 3, 2022 | Dec '21 Dec 2, 2021 | Sep '21 Sep 2, 2021 | Jun '21 Jun 3, 2021 |
| 23,860 | 13,643 | 11,315 | 9,301 | 8,053 | 8,709 | 7,750 | 6,811 | 5,824 | 4,726 | 4,010 | 3,752 | 3,693 | 4,085 | 6,643 | 8,642 | 7,786 | 7,687 | 8,274 | 7,422 | |
Revenue Growth (YoY) | 196.29% | 56.65% | 46.00% | 36.56% | 38.27% | 84.28% | 93.27% | 81.53% | 57.70% | 15.69% | -39.64% | -56.58% | -52.57% | -46.86% | -19.71% | 16.44% | 24.86% | 33.15% | 36.63% | 36.48% |
Cost of Revenue | 6,105 | 5,997 | 6,261 | 5,793 | 5,090 | 5,361 | 5,013 | 4,979 | 4,745 | 4,761 | 4,445 | 4,420 | 4,899 | 3,192 | 4,021 | 4,607 | 4,110 | 4,122 | 4,362 | 4,296 |
Gross Profit | 17,755 | 7,646 | 5,054 | 3,508 | 2,963 | 3,348 | 2,737 | 1,832 | 1,079 | -35 | -435 | -668 | -1,206 | 893 | 2,622 | 4,035 | 3,676 | 3,565 | 3,912 | 3,126 |
Selling, General & Admin | 344 | 337 | 314 | 318 | 285 | 288 | 295 | 291 | 280 | 263 | 219 | 219 | 231 | 251 | 280 | 264 | 263 | 259 | 236 | 230 |
Research & Development | 1,250 | 1,171 | 1,047 | 965 | 898 | 888 | 903 | 850 | 832 | 845 | 719 | 758 | 788 | 849 | 839 | 773 | 792 | 712 | 705 | 670 |
Other Operating Expenses | 26 | 2 | 39 | 56 | 7 | -2 | 17 | -28 | -224 | -15 | 99 | 116 | 78 | 2 | -18 | -6 | 75 | -37 | 16 | 427 |
Total Operating Expenses | 1,620 | 1,510 | 1,400 | 1,339 | 1,190 | 1,174 | 1,215 | 1,113 | 888 | 1,093 | 1,037 | 1,093 | 1,097 | 1,102 | 1,101 | 1,031 | 1,130 | 934 | 957 | 1,327 |
Operating Income | 16,135 | 6,136 | 3,654 | 2,169 | 1,773 | 2,174 | 1,522 | 719 | 191 | -1,128 | -1,472 | -1,761 | -2,303 | -209 | 1,521 | 3,004 | 2,546 | 2,631 | 2,955 | 1,799 |
Interest Income | 155 | 139 | 146 | 135 | 108 | 107 | 131 | 136 | 130 | 132 | 134 | 127 | 119 | 88 | 54 | 20 | 12 | 10 | 9 | 8 |
Interest Expense | -32 | -74 | -124 | -123 | -112 | -118 | -136 | -150 | -144 | -132 | -129 | -119 | -89 | -51 | -45 | -44 | -55 | -45 | -47 | -46 |
Other Non-Operating Income (Expense) | -98 | -140 | -45 | -68 | -11 | -11 | -7 | 10 | -7 | -27 | 9 | - | 2 | -4 | 23 | 8 | 6 | -75 | 19 | 45 |
Total Non-Operating Income (Expense) | 25 | -75 | -23 | -56 | -15 | -22 | -12 | -4 | -21 | -27 | 14 | 8 | 32 | 33 | 32 | -16 | -37 | -110 | -19 | 7 |
Pretax Income | 16,160 | 6,061 | 3,631 | 2,113 | 1,758 | 2,152 | 1,510 | 715 | 170 | -1,155 | -1,458 | -1,753 | -2,271 | -176 | 1,553 | 2,988 | 2,509 | 2,521 | 2,936 | 1,806 |
Provision for Income Taxes | 2,371 | 829 | 429 | 235 | 177 | 283 | 623 | 377 | -622 | 73 | -24 | 139 | 54 | 8 | 56 | 358 | 255 | 219 | 230 | 65 |
Net Income | 13,785 | 5,240 | 3,201 | 1,885 | 1,583 | 1,870 | 887 | 332 | 793 | -1,234 | -1,430 | -1,896 | -2,312 | -195 | 1,492 | 2,626 | 2,263 | 2,306 | 2,720 | 1,735 |
Minority Interest in Earnings | 4 | -8 | 1 | -7 | -2 | -1 | - | 6 | -1 | 6 | -4 | 4 | -13 | 11 | 5 | 4 | -9 | -4 | -14 | 6 |
Net Income to Common | 13,785 | 5,240 | 3,201 | 1,885 | 1,583 | 1,870 | 887 | 332 | 793 | -1,234 | -1,430 | -1,896 | -2,312 | -195 | 1,492 | 2,626 | 2,263 | 2,306 | 2,720 | 1,735 |
Net Income Growth | 770.81% | 180.21% | 260.88% | 467.77% | 99.62% | - | - | - | - | - | - | - | - | - | -45.15% | 51.35% | 275.29% | 187.17% | 175.30% | 116.06% |
Shares Outstanding (Basic) | 1,126 | 1,125 | 1,120 | 1,118 | 1,115 | 1,111 | 1,108 | 1,107 | 1,104 | 1,100 | 1,095 | 1,094 | 1,091 | 1,090 | 1,097 | 1,112 | 1,119 | 1,119 | 1,123 | 1,121 |
Shares Outstanding (Diluted) | 1,142 | 1,138 | 1,131 | 1,125 | 1,123 | 1,122 | 1,125 | 1,123 | 1,114 | 1,100 | 1,095 | 1,094 | 1,091 | 1,090 | 1,106 | 1,121 | 1,130 | 1,130 | 1,138 | 1,145 |
Shares Change (YoY) | 1.69% | 1.43% | 0.53% | 0.18% | 0.81% | 2.00% | 2.74% | 2.65% | 2.11% | 0.92% | -1.00% | -2.41% | -3.45% | -3.54% | -2.81% | -2.10% | -1.22% | -0.44% | 0.62% | 1.42% |
EPS (Basic) | 12.25 | 4.66 | 2.86 | 1.69 | 1.42 | 1.68 | 0.80 | 0.30 | 0.72 | -1.12 | -1.31 | -1.73 | -2.12 | -0.18 | 1.35 | 2.36 | 2.02 | 2.06 | 2.42 | 1.55 |
EPS (Diluted) | 12.07 | 4.60 | 2.83 | 1.68 | 1.41 | 1.67 | 0.79 | 0.30 | 0.71 | -1.12 | -1.31 | -1.73 | -2.12 | -0.18 | 1.35 | 2.34 | 2.00 | 2.04 | 2.39 | 1.52 |
EPS Growth | 756.03% | 175.45% | 258.23% | 460.00% | 98.59% | - | - | - | - | - | - | - | - | - | -43.52% | 53.95% | 277.36% | 187.32% | 174.71% | 114.08% |
Free Cash Flow | 5,516 | 3,022 | 72 | 1,671 | -113 | 38 | 285 | 396 | -165 | -395 | -1,212 | -1,537 | -1,862 | -1,506 | 164 | 1,260 | 1,017 | 673 | 1,869 | 1,301 |
Free Cash Flow Growth | - | 7852.63% | -74.74% | 321.97% | - | - | - | - | - | - | - | - | - | - | -91.22% | -3.15% | 2507.69% | - | - | 1546.83% |
Free Cash Flow Per Share | 4.83 | 2.66 | 0.06 | 1.49 | -0.10 | 0.03 | 0.25 | 0.35 | -0.15 | -0.36 | -1.11 | -1.40 | -1.71 | -1.38 | 0.15 | 1.12 | 0.90 | 0.60 | 1.64 | 1.14 |
Dividends Per Share | 0.150 | 0.115 | 0.115 | 0.115 | 0.115 | 0.115 | 0.115 | 0.115 | 0.115 | 0.115 | 0.115 | 0.115 | 0.115 | 0.115 | 0.115 | 0.115 | 0.100 | 0.100 | 0.010 | - |
Dividend Growth | 30.44% | - | - | - | - | - | - | - | - | - | - | - | 15.00% | 15.00% | 1050.00% | - | - | - | - | - |
Gross Margin | 74.41% | 56.04% | 44.67% | 37.72% | 36.79% | 38.44% | 35.32% | 26.90% | 18.53% | -0.74% | -10.85% | -17.80% | -32.66% | 21.86% | 39.47% | 46.69% | 47.21% | 46.38% | 47.28% | 42.12% |
Operating Margin | 67.62% | 44.98% | 32.29% | 23.32% | 22.02% | 24.96% | 19.64% | 10.56% | 3.28% | -23.87% | -36.71% | -46.93% | -62.36% | -5.12% | 22.90% | 34.76% | 32.70% | 34.23% | 35.71% | 24.24% |
Profit Margin | 57.79% | 38.35% | 28.30% | 20.19% | 19.63% | 21.46% | 11.45% | 4.96% | 13.60% | -25.98% | -35.76% | -50.43% | -62.96% | -4.50% | 22.53% | 30.43% | 28.95% | 29.95% | 32.70% | 23.46% |
FCF Margin | 23.12% | 22.15% | 0.64% | 17.97% | -1.40% | 0.44% | 3.68% | 5.81% | -2.83% | -8.36% | -30.22% | -40.96% | -50.42% | -36.87% | 2.47% | 14.58% | 13.06% | 8.76% | 22.59% | 17.53% |
EBITDA | 18,421 | 8,348 | 5,803 | 4,263 | 3,852 | 4,204 | 3,508 | 2,674 | 2,115 | 787 | 465 | 195 | -361 | 1,712 | 3,403 | 4,825 | 4,288 | 4,302 | 4,576 | 3,356 |
EBITDA Margin | 77.20% | 61.19% | 51.29% | 45.83% | 47.83% | 48.27% | 45.26% | 39.26% | 36.32% | 16.65% | 11.60% | 5.20% | -9.78% | 41.91% | 51.23% | 55.83% | 55.07% | 55.96% | 55.31% | 45.22% |
EBIT | 16,135 | 6,136 | 3,654 | 2,169 | 1,773 | 2,174 | 1,522 | 719 | 191 | -1,128 | -1,472 | -1,761 | -2,303 | -209 | 1,521 | 3,004 | 2,546 | 2,631 | 2,955 | 1,799 |
EBIT Margin | 67.62% | 44.98% | 32.29% | 23.32% | 22.02% | 24.96% | 19.64% | 10.56% | 3.28% | -23.87% | -36.71% | -46.93% | -62.36% | -5.12% | 22.90% | 34.76% | 32.70% | 34.23% | 35.71% | 24.24% |
Effective Tax Rate | 14.67% | 13.68% | 11.81% | 11.12% | 10.07% | 13.15% | 41.26% | 52.73% | -365.88% | -6.32% | 1.65% | -7.93% | -2.38% | -4.55% | 3.61% | 11.98% | 10.16% | 8.69% | 7.83% | 3.60% |
Updated Mar 18, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.