20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
Micron Technology Inc (MU) operates in the Semiconductors industry and is headquartered in Boise, United States with about 53,000 employees. Its market capitalization is roughly $1.04 trillion. In the fiscal year ended 2025-08-31, MU reported $37.4B in revenue and $8.5B in net income.
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally.
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| Income statement | TTM → 2026-05-31 | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-08-31 | 2013-08-31 | 2012-08-31 | 2011-08-31 | 2010-08-31 | 2009-08-31 | 2008-08-31 | 2007-08-31 | 2006-08-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total 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 | $5.8B | $5.7B | $5.3B |
| 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) | ($55M) | $1.1B | $1.2B |
| 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% | -0.9% | 18.9% | 22.8% |
| Operating Income (EBIT) | $59.4B | $9.9B | $1.3B | ($5.7B) | $9.7B | $6.3B | $3.0B | $7.4B | $15.0B | $5.9B | $168M | $3.0B | $3.1B | $450M | ($618M) | $755M | $1.6B | ($1.7B) | ($1.6B) | ($280M) | $350M |
| Operating Margin % | 65.8% | 26.4% | 5.2% | -37.0% | 31.5% | 22.7% | 14.0% | 31.5% | 49.3% | 28.9% | 1.4% | 18.5% | 18.9% | 5.0% | -7.5% | 8.6% | 18.7% | -34.9% | -27.3% | -4.9% | 6.6% |
| 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) | ($1.6B) | ($320M) | $408M |
| 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% | -27.7% | -5.6% | 7.7% |
| EBITDA | $45.0B | $18.5B | $8.9B | $2.2B | $16.7B | $12.9B | $8.7B | $12.8B | $19.7B | $9.7B | $3.2B | $5.7B | $5.5B | $2.3B | $1.5B | $2.8B | $4.1B | $516M | $531M | $1.4B | $1.7B |
| Earnings Per Share (EPS) | $44.21 | $7.59 | $0.70 | $-5.34 | $7.74 | $5.14 | $2.38 | $5.52 | $11.50 | $4.41 | $-0.27 | $2.48 | $2.54 | $1.13 | $-1.04 | $0.17 | $1.76 | $-2.35 | $-2.10 | $-0.42 | $0.56 |
| Shares Outstanding (M) | 1,145M | 1,125M | 1,118M | 1,093M | 1,122M | 1,141M | 1,131M | 1,143M | 1,229M | 1,154M | 1,036M | 1,170M | 1,198M | 1,056M | 991M | 1,008M | 1,051M | 801M | 772M | 769M | 725M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $41.5B | $23.9B | $13.6B | $11.3B | $9.3B | $8.1B | $8.7B | $7.8B |
| Gross Profit | $35.1B | $17.7B | $7.7B | $5.1B | $3.5B | $3.0B | $3.3B | $2.7B |
| Gross Margin % | 84.6% | 74.4% | 56.1% | 44.7% | 37.7% | 36.8% | 38.4% | 35.3% |
| Operating Income (EBIT) | $33.3B | $16.1B | $6.1B | $3.8B | $2.2B | $1.8B | $2.2B | $1.5B |
| Operating Margin % | 80.4% | 67.6% | 45.0% | 33.2% | 23.3% | 22.0% | 25.0% | 19.6% |
| Net Income | $28.2B | $13.8B | $5.2B | $3.2B | $1.9B | $1.6B | $1.9B | $887M |
| Net Margin % | 68.1% | 57.8% | 38.4% | 28.3% | 20.3% | 19.7% | 21.5% | 11.5% |
| EBITDA | $12.2B | $18.5B | $8.3B | $5.9B | $4.3B | $3.9B | $4.3B | $3.4B |
| Earnings Per Share (EPS) | $24.67 | $12.10 | $4.60 | $2.85 | $1.68 | $1.41 | $1.67 | $0.79 |
| Shares Outstanding (M) | 1,145M | 1,140M | 1,138M | 1,125M | 1,125M | 1,123M | 1,122M | 1,125M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | TTM → 2026-05-31 | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-08-31 | 2013-08-31 | 2012-08-31 | 2011-08-31 | 2010-08-31 | 2009-08-31 | 2008-08-31 | 2007-08-31 | 2006-08-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $51.4B | $17.5B | $8.5B | $1.6B | $15.2B | $12.5B | $8.3B | $13.2B | $17.4B | $8.2B | $3.2B | $5.2B | $5.7B | $1.8B | $2.1B | $2.5B | $3.1B | $1.2B | $1.0B | $937M | $2.0B |
| Capital Expenditures (CapEx) | $24.3B | $15.9B | $8.4B | $7.7B | $12.1B | $10.0B | $8.2B | $9.9B | $9.1B | $5.3B | $5.9B | $4.0B | $2.7B | $1.2B | $1.7B | $2.5B | $616M | $488M | $2.5B | $3.6B | $1.4B |
| Free Cash Flow (FCF) | $27.2B | $1.7B | $121M | ($6.1B) | $3.1B | $2.4B | $83M | $3.3B | $8.3B | $2.9B | ($2.7B) | $1.2B | $3.0B | $567M | $415M | ($66M) | $2.5B | $718M | ($1.5B) | ($2.7B) | $654M |
| FCF Margin % | 30.1% | 4.5% | 0.5% | -39.4% | 10.1% | 8.8% | 0.4% | 14.2% | 27.4% | 14.3% | -21.7% | 7.3% | 18.6% | 6.2% | 5.0% | -0.8% | 29.2% | 14.9% | -25.9% | -46.9% | 12.4% |
| Dividends Paid | $567M | $522M | $513M | $504M | $461M | $461M | $225M | $179M | $0M | $0M | $93M | $0M | $10M | $37M | $857M | $1.4B | — | — | — | — | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $25.4B | $11.9B | $8.4B | $5.7B | $4.6B | $3.9B | $3.2B | $3.4B |
| Capital Expenditures (CapEx) | $7.8B | $5.4B | $5.4B | $5.7B | $2.9B | $3.2B | $3.2B | $3.1B |
| Free Cash Flow (FCF) | $17.6B | $6.5B | $3.0B | $72M | $1.7B | $736M | $38M | $285M |
| FCF Margin % | 42.4% | 27.3% | 22.1% | 0.6% | 18.0% | 9.1% | 0.4% | 3.7% |
| Dividends Paid | $171M | $132M | $134M | $130M | $131M | $130M | $131M | $129M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2026-05-31 | 2025-08-31 | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 | 2020-08-31 | 2019-08-31 | 2018-08-31 | 2017-08-31 | 2016-08-31 | 2015-08-31 | 2014-08-31 | 2013-08-31 | 2012-08-31 | 2011-08-31 | 2010-08-31 | 2009-08-31 | 2008-08-31 | 2007-08-31 | 2006-08-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $134.1B | $82.8B | $69.4B | $64.3B | $66.3B | $58.8B | $53.7B | $48.9B | $43.4B | $35.3B | $27.5B | $24.1B | $22.5B | $19.1B | $14.3B | $14.8B | $14.7B | $11.5B | $13.4B | $14.8B | $12.2B |
| Cash & Cash Equivalents | $25.0B | $9.6B | $7.0B | $8.6B | $8.3B | $7.8B | $7.6B | $7.2B | $6.5B | $5.1B | $4.1B | $2.3B | $4.2B | $2.9B | $2.5B | $2.2B | $2.9B | $1.5B | $1.2B | $2.2B | $1.4B |
| Total Liabilities | $33.4B | $28.6B | $24.3B | $20.1B | $16.4B | $14.9B | $14.7B | $12.1B | $10.2B | $15.9B | $14.6B | $10.9B | $10.9B | $9.1B | $5.9B | $4.9B | $4.9B | $4.5B | $4.4B | $4.5B | $2.5B |
| Total Debt (Short + Long-Term) | $3.6B | $12.2B | $11.7B | $13.3B | $6.9B | $6.8B | $6.2B | $5.5B | $4.1B | $10.3B | $8.9B | $1.1B | $1.7B | $6.0B | $3.3B | $2.0B | $2.4B | $3.1B | $2.7B | $2.4B | $571M |
| Total Shareholders' Equity | $100.7B | $54.2B | $45.1B | $44.1B | $49.9B | $43.9B | $39.0B | $35.9B | $32.3B | $18.6B | $12.1B | $12.3B | $10.8B | $9.1B | $7.7B | $8.5B | $8.0B | $5.0B | $6.2B | $7.8B | $8.1B |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive MU viewer.
A record quarter, a public short, and the oldest question in memory chips: is this time different? $41.5 billion in revenue, an 84.9% gross margin — and Michael Burry betting the AI memory boom is the loudest cyclical peak yet.
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