MU
Micron Technology Inc
NASDAQ: MU · TECHNOLOGY · SEMICONDUCTORS
$517.16
-0.25% today
Updated 2026-04-30
Market cap
$583.22B
P/E ratio
24.38
P/S ratio
10.03x
EPS (TTM)
$21.21
Dividend yield
0.10%
52W range
$78 – $536
Volume
41.9M
Micron Technology Inc (MU) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.27B | $5.69B | $5.84B | $4.80B | $8.48B | $8.79B | $8.23B | $9.07B | $16.36B | $16.19B | $12.40B | $20.32B | $30.39B | $23.41B | $21.43B | $27.70B | $30.76B | $15.54B | $25.11B | $37.38B |
| Revenue growth (YoY) | — | +7.9% | +2.7% | -17.8% | +76.6% | +3.6% | -6.3% | +10.2% | +80.3% | -1.0% | -23.4% | +63.9% | +49.5% | -23.0% | -8.4% | +29.3% | +11.0% | -49.5% | +61.6% | +48.9% |
| Cost of revenue | $4.07B | $4.61B | $5.90B | $5.24B | $5.77B | $7.03B | $7.27B | $7.23B | $10.92B | $10.98B | $9.89B | $11.89B | $12.50B | $12.70B | $14.88B | $17.28B | $16.86B | $16.96B | $19.50B | $22.50B |
| Gross profit | $1.20B | $1.08B | $-55.00M | $-440.00M | $2.71B | $1.76B | $968.00M | $1.85B | $5.44B | $5.21B | $2.50B | $8.44B | $17.89B | $10.70B | $6.55B | $10.42B | $13.90B | $-1.42B | $5.61B | $14.87B |
| Gross margin | 22.8% | 19.0% | -0.9% | -9.2% | 32.0% | 20.0% | 11.8% | 20.4% | 33.2% | 32.2% | 20.2% | 41.5% | 58.9% | 45.7% | 30.6% | 37.6% | 45.2% | -9.1% | 22.4% | 39.8% |
| R&D | $656.00M | $805.00M | $680.00M | $647.00M | $624.00M | $791.00M | $918.00M | $1.11B | $1.53B | $1.76B | $1.82B | $2.04B | $2.34B | $2.44B | $2.60B | $2.66B | $3.12B | $3.11B | $3.43B | $3.80B |
| SG&A | $460.00M | $610.00M | $455.00M | $354.00M | $528.00M | $592.00M | $620.00M | $563.00M | $708.00M | $720.00M | $659.00M | $743.00M | $813.00M | $836.00M | $881.00M | $894.00M | $1.07B | $920.00M | $1.13B | $1.21B |
| Operating income | $350.00M | $-280.00M | $-1.59B | $-1.68B | $1.59B | $755.00M | $-618.00M | $450.00M | $3.09B | $3.00B | $168.00M | $5.87B | $14.99B | $7.38B | $3.00B | $6.28B | $9.70B | $-5.75B | $1.30B | $9.87B |
| Operating margin | 6.6% | -4.9% | -27.3% | -34.9% | 18.7% | 8.6% | -7.5% | 5.0% | 18.9% | 18.5% | 1.4% | 28.9% | 49.3% | 31.5% | 14.0% | 22.7% | 31.5% | -37.0% | 5.2% | 26.4% |
| EBITDA | $1.74B | $1.39B | $531.00M | $516.00M | $4.10B | $2.78B | $1.52B | $2.25B | $5.47B | $5.65B | $3.21B | $9.74B | $19.68B | $12.81B | $8.71B | $12.93B | $16.74B | $2.21B | $8.94B | $18.49B |
| EBITDA margin | 33.0% | 24.5% | 9.1% | 10.7% | 48.4% | 31.6% | 18.5% | 24.8% | 33.5% | 34.9% | 25.9% | 47.9% | 64.8% | 54.7% | 40.6% | 46.7% | 54.4% | 14.2% | 35.6% | 49.5% |
| EBIT | $458.00M | $-327.00M | $-1.53B | $-1.67B | $2.10B | $675.00M | $-618.00M | $450.00M | $3.37B | $2.98B | $234.00M | $5.88B | $14.93B | $7.39B | $3.06B | $6.80B | $9.71B | $-5.46B | $1.25B | $10.14B |
| Interest expense | $0.00 | $0.00 | $82.00M | $182.00M | $178.00M | $124.00M | $171.00M | $231.00M | $352.00M | $371.00M | $437.00M | $601.00M | $342.00M | $128.00M | $194.00M | $183.00M | $189.00M | $388.00M | $562.00M | $477.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $408.00M | $-320.00M | $-1.62B | $-1.88B | $1.85B | $167.00M | $-1.03B | $1.19B | $3.04B | $2.90B | $-276.00M | $5.09B | $14.13B | $6.31B | $2.69B | $5.86B | $8.69B | $-5.83B | $778.00M | $8.54B |
| Net income growth (YoY) | — | -178.4% | -405.9% | -16.2% | +198.3% | -91.0% | -718.0% | +215.3% | +155.9% | -4.8% | -109.5% | +1943.8% | +177.8% | -55.3% | -57.4% | +118.1% | +48.2% | -167.1% | +113.3% | +997.6% |
| Profit margin | 7.7% | -5.6% | -27.7% | -39.2% | 21.8% | 1.9% | -12.5% | 13.1% | 18.6% | 17.9% | -2.2% | 25.0% | 46.5% | 27.0% | 12.5% | 21.2% | 28.2% | -37.5% | 3.1% | 22.8% |