MU
Micron Technology, Inc.
Stock
$1,065.11+0.03 (0.00%)Close Sep 30, 2026
Income statement
| Line | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $90.3B | $37.4B | $25.1B | $15.5B | $30.8B | $27.7B | $21.4B | $23.4B | $30.4B | $20.3B | $12.4B | $16.2B | $16.4B | $9.1B | $8.2B | $8.8B | $8.5B | $4.8B |
| Cost of revenue | $24.8B | $22.5B | $19.5B | $17.0B | $16.9B | $17.3B | $14.9B | $12.7B | $12.5B | $11.9B | $9.9B | $11.0B | $10.9B | $7.2B | $7.3B | $7.0B | $5.8B | $5.2B |
| Gross profit | $65.5B | $14.9B | $5.6B | −$1.4B | $13.9B | $10.4B | $6.6B | $10.7B | $17.9B | $8.4B | $2.5B | $5.2B | $5.4B | $1.8B | $968M | $1.8B | $2.7B | −$440M |
| R&D | $4.8B | $3.8B | $3.4B | $3.1B | $3.1B | $2.7B | $2.6B | $2.4B | $2.1B | $1.8B | $1.6B | $1.5B | $1.4B | $931M | $918M | $791M | $624M | $647M |
| SG&A | $1.4B | $1.2B | $1.1B | $920M | $1.1B | $894M | $881M | $836M | $813M | $743M | $659M | $719M | $707M | $562M | $620M | $592M | $528M | $354M |
| Other operating expenses | — | $100M | — | $295M | — | $583M | $68M | $49M | — | — | $61M | — | $272M | $118M | $42M | — | — | $235M |
| Operating income | $59.2B | $9.8B | $1.3B | −$5.7B | $9.7B | $6.3B | $3.0B | $7.4B | $15.0B | $5.9B | $168M | $3.0B | $3.1B | $236M | −$612M | $761M | $1.6B | −$1.7B |
| Non-operating income | −$179M | −$116M | −$64M | $87M | −$131M | −$65M | −$20M | −$328M | −$687M | −$672M | −$449M | −$389M | −$354M | $1.0B | −$142M | −$210M | $331M | −$176M |
| Pretax income | $59.1B | $9.7B | $1.2B | −$5.7B | $9.6B | $6.2B | $3.0B | $7.0B | $14.3B | $5.2B | −$281M | $2.6B | $2.7B | $1.3B | −$754M | $551M | $1.9B | −$1.9B |
| Taxes | $8.6B | $1.1B | $462M | $175M | $884M | $357M | $296M | $735M | $172M | $107M | −$5.0M | −$290M | −$312M | $95M | $278M | $384M | $70M | $30M |
| Net income | $50.5B | $8.5B | $778M | −$5.8B | $8.7B | $5.9B | $2.7B | $6.3B | $14.1B | $5.1B | −$276M | $2.9B | $3.0B | $1.2B | −$1.0B | $167M | $1.9B | −$1.9B |
| Diluted EPS | $44.17 | $7.59 | $0.70 | −$5.34 | $7.75 | $5.14 | $2.37 | $5.51 | $11.51 | $4.41 | −$0.27 | $2.47 | $2.54 | $1.13 | −$1.04 | $0.17 | $1.85 | −$2.35 |
| Diluted shares | — | 1.13B | 1.12B | 1.09B | 1.12B | 1.14B | 1.13B | 1.14B | 1.23B | 1.15B | 1.04B | 1.17B | 1.20B | 1.06B | 991.0M | 1.01B | 1.05B | 800.7M |
| Revenue growth | — | +48.9% | +61.6% | −49.5% | +11.0% | +29.3% | −8.4% | −23.0% | +49.5% | +63.9% | −23.4% | −1.0% | +80.3% | +10.2% | −6.3% | +3.6% | +76.6% | — |
| Gross margin | 72.6% | 39.8% | 22.4% | −9.1% | 45.2% | 37.6% | 30.6% | 45.7% | 58.9% | 41.5% | 20.2% | 32.2% | 33.2% | 20.4% | 11.8% | 20.0% | 32.0% | −9.2% |
| Operating margin | 65.6% | 26.1% | 5.2% | −37.0% | 31.5% | 22.7% | 14.0% | 31.5% | 49.3% | 28.9% | 1.4% | 18.5% | 18.9% | 2.6% | −7.4% | 8.7% | 18.7% | −34.9% |
| Net margin | 55.9% | 22.8% | 3.1% | −37.5% | 28.2% | 21.2% | 12.5% | 27.0% | 46.5% | 25.0% | −2.2% | 17.9% | 18.6% | 13.1% | −12.5% | 1.9% | 21.8% | −39.2% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.