Micron Technology Inc (MU) Financial Statements
Industry: Semiconductors & Related Devices
In fiscal 2026, Micron Technology reported revenue of $133.19B, up 256.3% from $37.38B the year before. Net income was $84.97B (a 63.8% net margin), or $74.33 per diluted share. Gross margin was 80.7% and operating margin was 74.6%. Operating activities generated $89.67B of cash, leaving $58.96B of free cash flow. At fiscal year end, Micron Technology held $195.89B in total assets against $57.51B in total liabilities, including $38.36B of cash and equivalents.
Open the full interactive Micron Technology financials → Quarterly statements, key ratios, valuation history and price charts.
Micron Technology Key Stats
| Share Price | $953.19 |
|---|---|
| Market Cap | $1.09T |
| P/E Ratio | 12.8 |
| Revenue YoY Growth | +256.3% |
| 52-Week Range | $186.88 – $1,213.37 |
| Shares Outstanding | 1.13 billion (basic, 2026 Q4) |
Micron Technology Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $27.70B | $30.76B | $15.54B | $25.11B | $37.38B | $133.19B |
| Cost of Goods Sold | $17.28B | $16.86B | $16.96B | $19.50B | $22.50B | $25.68B |
| Gross Profit | $10.42B | $13.90B | -$1.42B | $5.61B | $14.87B | $107.50B |
| Operating Income | $6.28B | $9.70B | -$5.75B | $1.30B | $9.77B | $99.34B |
| Pre-Tax Income | $6.22B | $9.57B | -$5.66B | $1.24B | $9.65B | $99.67B |
| Income Tax | $394.0M | $888.0M | $177.0M | $451.0M | $1.12B | $14.76B |
| Net Income | $5.86B | $8.69B | -$5.83B | $778.0M | $8.54B | $84.97B |
| Diluted EPS | $5.14 | $7.75 | -$5.34 | $0.70 | $7.59 | $74.33 |
Micron Technology Quarterly Results
| 2026 Q1 | 2026 Q2 | 2026 Q3 | 2026 Q4 | |
|---|---|---|---|---|
| Revenue | $13.64B | $23.86B | $41.46B | $54.23B |
| Net Income | $5.24B | $13.79B | $28.24B | $37.70B |
| Diluted EPS | $4.60 | $12.07 | $24.67 | $32.98 |
Micron Technology Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.76B | $8.26B | $8.58B | $7.04B | $9.64B | $38.36B |
| Current Assets | $19.91B | $21.78B | $21.24B | $24.37B | $28.84B | $91.07B |
| Total Assets | $58.85B | $66.28B | $64.25B | $69.42B | $82.80B | $195.89B |
| Current Liabilities | $6.42B | $7.54B | $4.76B | $9.25B | $11.45B | $27.48B |
| Total Long-Term Debt | $6.62B | $6.80B | $13.05B | $12.97B | $14.02B | $4.69B |
| Total Liabilities | $14.92B | $16.38B | $20.13B | $24.29B | $28.63B | $57.51B |
| Shareholders' Equity | $43.93B | $49.91B | $44.12B | $45.13B | $54.16B | $138.38B |
Micron Technology Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $12.47B | $15.18B | $1.56B | $8.51B | $17.52B | $89.67B |
| Cash From Investing | -$10.59B | -$11.59B | -$6.19B | -$8.31B | -$14.09B | -$61.64B |
| Cash From Financing | -$1.78B | -$2.98B | $4.98B | -$1.84B | -$850.0M | $630.0M |
| Free Cash Flow | $2.44B | $3.11B | -$6.12B | $121.0M | $1.67B | $58.96B |
Figures from Micron Technology's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Micron Technology financials page for every line item.
Micron Technology Company Profile
| Ticker | MU |
|---|---|
| Exchange | Nasdaq |
| Industry | Semiconductors & Related Devices |
| Headquarters | Boise, Idaho |
| Incorporated in | Delaware |
| Fiscal Year End | September 3 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000723125 |
Frequently Asked Questions
What was Micron Technology's revenue in fiscal 2026?
Micron Technology (MU) reported revenue of $133.19B for fiscal 2026.
What is Micron Technology's annual revenue history?
Micron Technology's annual revenue by fiscal year: 2021: $27.70B; 2022: $30.76B; 2023: $15.54B; 2024: $25.11B; 2025: $37.38B; 2026: $133.19B.
What was Micron Technology's net income in fiscal 2026?
Micron Technology reported net income of $84.97B for fiscal 2026.
What was Micron Technology's earnings per share (EPS) in fiscal 2026?
Micron Technology's diluted EPS was $74.33 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Micron Technology generate in fiscal 2026?
Micron Technology generated $58.96B of free cash flow in fiscal 2026.
What was Micron Technology's revenue last quarter?
In its most recent reported quarter (2026 Q4), Micron Technology reported revenue of $54.23B.
How much debt does Micron Technology have?
Micron Technology reported $4.69B of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Micron Technology are outstanding?
Micron Technology reported a weighted average of 1.13 billion basic shares outstanding in 2026 Q4.
What is Micron Technology's market cap?
Based on its latest closing price, Micron Technology (MU) has a market capitalization of about $1.09T.
When does Micron Technology's fiscal year end?
Micron Technology's fiscal year end, as registered with the SEC, is September 3.
Where is Micron Technology headquartered?
Micron Technology lists its business address in Boise, Idaho in its SEC filings.