Micron Technology MU
$690.00 +$33.61 (+5.12%)
Market closed · Nov 6, 8:10 pm ET · Last extended-hours $694.79 +0.69%
Open$708.35
Prev close$656.39
Day range$676.00 – $724.80
Volume44.89M
Market cap$779.28B
P/E (TTM)9.3
Dividend yield0.08%
Fundamentals
Latest reported quarter: Q4, ended Sep 2026
Revenue$54.23B+379.3% YoY
Operating profit$43.75B+1,097.3% YoY
Net profit$37.70B+1,077.8% YoY
Diluted EPS$32.87+1,061.5% YoY
Free cash flow$32.86B+45,543.1% YoY
Operating cash flow$43.97B
Revenue, last 8 quarters
Net profit, last 8 quarters
Diluted EPS by quarter
Free cash flow by quarter
Annual revenue
Profitability & balance sheet
Gross margin80.7%
Operating margin74.6%
Net margin63.8%
Return on equity88.3%
Return on assets61.0%
Return on invested capital79.0%
Current ratio3.31
Liabilities / assets29.4%
Cash & investments$43.43B
Total debt$5.18B
Net cash (debt)$38.26B
Free cash flow / sales44.3%
Where the revenue comes from
Quarter 2026/Q3
By business line
Income statement
| Line item | 2026 ANNUAL | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 |
|---|---|---|---|---|---|
| Total Revenue as Reported | $133.19B | $54.23B | $41.46B | $23.86B | $13.64B |
| Total Operating Revenue | $133.19B | $54.23B | $41.46B | $23.86B | $13.64B |
| Cost of Revenue | $25.68B | $7.18B | $6.40B | $6.11B | $6.00B |
| Gross Profit | $107.50B | $47.05B | $35.06B | $17.76B | $7.65B |
| Operating Expense | $8.16B | $3.30B | $1.74B | $1.62B | $1.51B |
| Selling and Admin Expenses | $1.95B | $859.00M | $407.00M | $344.00M | $337.00M |
| Research & Development | $5.65B | $1.91B | $1.32B | $1.25B | $1.17B |
| Other Operating Expenses | $567.00M | $524.00M | $15.00M | $26.00M | $2.00M |
| Operating Profit | $99.34B | $43.75B | $33.32B | $16.14B | $6.14B |
| Net Non-Operating Interest Income (Expense) | $978.00M | $575.00M | $215.00M | $123.00M | $65.00M |
| Non-Operating Interest Income | $1.08B | $575.00M | $215.00M | $155.00M | $139.00M |
| Non-Operating Interest Expense | $106.00M | $0.00 | $0.00 | $32.00M | $74.00M |
| Other Income (Expense) | -$647.00M | -$88.00M | -$321.00M | -$98.00M | -$140.00M |
| Other Non-Operating Income (Expenses) | -$647.00M | -$88.00M | -$321.00M | -$98.00M | -$140.00M |
| Pretax Profit | $99.67B | $44.24B | $33.21B | $16.16B | $6.06B |
| Tax | $14.76B | $6.58B | $4.98B | $2.37B | $829.00M |
| Earnings from Equity Interest Net of Tax | $59.00M | $46.00M | $9.00M | -$4.00M | $8.00M |
| Net Profit | $84.97B | $37.70B | $28.24B | $13.79B | $5.24B |
| Profit from Continuing Operations | $84.97B | $37.70B | $28.24B | $13.79B | $5.24B |
| Net Income to Parent Company | $84.97B | $37.70B | $28.24B | $13.79B | $5.24B |
| Net Income to Common Stockholders | $84.97B | $37.70B | $28.24B | $13.79B | $5.24B |
| Basic EPS | $75.38 | $33.36 | $25.03 | $12.25 | $4.66 |
| Diluted EPS | $74.33 | $32.87 | $24.67 | $12.07 | $4.60 |
| Dividend Per Share | $0.53 | $0.15 | $0.15 | $0.12 | $0.12 |
Balance sheet
| Line item | 2026 ANNUAL | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 |
|---|---|---|---|---|---|
| Total Assets | $195.89B | $195.89B | $134.11B | $101.51B | $85.97B |
| Total Current Assets | $91.07B | $91.07B | $66.74B | $41.41B | $29.67B |
| Cash and Cash Equivalents & Short-Term Investments | $43.43B | $43.43B | $26.02B | $14.59B | $10.32B |
| -Cash and Cash Equivalents | $38.36B | $38.36B | $25.00B | $13.91B | $9.73B |
| -Short Term Investments | $5.07B | $5.07B | $1.03B | $681.00M | $587.00M |
| Receivables | $36.20B | $36.20B | $31.03B | $17.31B | $10.18B |
| -Accounts Receivable | $31.79B | $31.79B | $26.89B | $15.39B | $8.01B |
| -Taxes Receivable | $635.00M | $635.00M | $517.00M | $470.00M | $441.00M |
| -Other Receivables | $3.77B | $3.77B | $3.61B | $1.46B | $1.73B |
| Inventory | $10.37B | $10.37B | $8.57B | $8.27B | $8.21B |
| Other Current Assets | $1.07B | $1.07B | $1.12B | $1.24B | $958.00M |
| Total Non-Current Assets | $104.82B | $104.82B | $67.38B | $60.10B | $56.31B |
| Net PPE | $63.31B | $63.31B | $57.11B | $52.09B | $49.18B |
| -Gross PPE | $134.18B | $134.18B | $125.67B | $118.98B | $114.19B |
| -Accumulated Depreciation | -$70.87B | -$70.87B | -$68.57B | -$66.89B | -$65.01B |
| Investments and Advances | $30.02B | $30.02B | $4.11B | $2.04B | $1.70B |
| -Available for Sale Securities | $30.02B | $30.02B | $4.11B | $2.04B | $1.70B |
| Goodwill and Other Intangible Assets | $1.15B | $1.15B | $1.62B | $1.62B | $1.62B |
| -Goodwill | $1.15B | $1.15B | $1.15B | $1.15B | $1.15B |
| Other Non-Current Assets | $10.34B | $10.34B | $3.84B | $3.67B | $3.18B |
| Total Liabilities | $57.51B | $57.51B | $33.39B | $29.05B | $27.17B |
| Total Current Liabilities | $27.48B | $27.48B | $19.49B | $14.30B | $12.06B |
| Payables | $17.76B | $17.76B | $13.36B | $9.63B | $8.25B |
| -Accounts Payable | $3.52B | $3.52B | $3.65B | $3.39B | $3.23B |
| -Total Tax Payable | $5.63B | $5.63B | $2.80B | $1.40B | $723.00M |
| -Other Payable | $8.62B | $8.62B | $6.91B | $4.84B | $4.30B |
| Current Accrued Expenses | $4.84B | $4.84B | $2.16B | $1.37B | $1.55B |
| Short-Term Debt and Capital Lease Obligation | $491.00M | $491.00M | $582.00M | $585.00M | $569.00M |
| -Current Debt | $491.00M | $491.00M | – | – | – |
| -Current Capital Lease Obligation | $491.00M | $491.00M | $582.00M | $585.00M | $569.00M |
| Other Current Liabilities | $4.39B | $4.39B | $3.39B | $2.71B | $1.70B |
| Total Non-Current Liabilities | $30.03B | $30.03B | $13.90B | $14.75B | $15.11B |
| Long Term Debt and Capital Lease Obligation | $4.69B | $4.69B | $5.79B | $10.21B | $11.86B |
| -Long Term Debt | $2.79B | $2.79B | $3.05B | $7.34B | $8.84B |
| -Long Term Capital Lease Obligation | $1.90B | $1.90B | $2.74B | $2.87B | $3.01B |
| Non-Current Deferred Liabilities | $13.68B | $13.68B | $1.02B | $1.00B | $1.15B |
| Other Non-Current Liabilities | $11.66B | $11.66B | $7.09B | $3.54B | $2.10B |
| Total Equity | $138.38B | $138.38B | $100.72B | $72.46B | $58.81B |
| Stockholders' Equity | $138.38B | $138.38B | $100.72B | $72.46B | $58.81B |
| Capital Stock | $128.00M | $128.00M | $128.00M | $127.00M | $127.00M |
| -Common Stock | $128.00M | $128.00M | $128.00M | $127.00M | $127.00M |
| Additional Paid-In Capital | $14.97B | $14.97B | $14.44B | $14.09B | $13.61B |
| Retained Earnings | $131.85B | $131.85B | $94.68B | $66.82B | $53.34B |
| Less: Treasury Stock | $8.50B | $8.50B | $8.50B | $8.50B | $8.15B |
| Gains/Losses Not Affecting Retained Earnings | -$73.00M | -$73.00M | -$26.00M | -$82.00M | -$123.00M |
| -Other Intangible Assets | – | – | $473.00M | $468.00M | $465.00M |
| Non-Current Deferred Assets | – | – | $700.00M | $680.00M | $641.00M |
| Other Equity Interests | – | – | $1.00M | – | – |
Cash flow
| Line item | 2026 ANNUAL | 2026 Q4 | 2026 Q3 | 2026 Q2 | 2026 Q1 |
|---|---|---|---|---|---|
| Operating Cash Flow | $89.68B | $43.97B | $25.39B | $11.90B | $8.41B |
| Net cash flow from continuing operations | $89.68B | $43.97B | $25.39B | $11.90B | $8.41B |
| Net Income from Continuing Operations | $84.97B | $37.70B | $28.24B | $13.79B | $5.24B |
| Depreciation & Depletion & Amortization | $9.50B | $2.64B | $2.36B | $2.29B | $2.21B |
| Other Non-Cash Items | -$388.00M | -$500.00M | $213.00M | -$339.00M | $238.00M |
| Change in Working Capital | -$5.74B | $3.75B | -$5.79B | -$4.14B | $431.00M |
| -Change in Receivables | -$25.21B | -$5.25B | -$11.66B | -$7.43B | -$871.00M |
| -Change in Inventory | -$2.02B | -$1.81B | -$300.00M | -$62.00M | $150.00M |
| -Change in Payables and Accrued Expense | $8.71B | $5.38B | $2.40B | $772.00M | $156.00M |
| -Change in Other Current Liabilities | $12.77B | $5.43B | $3.77B | $2.58B | $996.00M |
| Net cash flow from investing | -$61.64B | -$41.95B | -$9.57B | -$5.53B | -$4.59B |
| Net Cash Flow from Continuing Investing Activities | -$61.64B | -$41.95B | -$9.57B | -$5.53B | -$4.59B |
| Capital Expenditure | -$30.71B | -$11.11B | -$7.83B | -$6.39B | -$5.39B |
| Net Investment Purchase and Sale | -$33.93B | -$31.09B | -$2.42B | -$432.00M | $13.00M |
| Net Other Investing Changes | $3.00B | $247.00M | $677.00M | $1.29B | $782.00M |
| Financing Cash Flow | $630.00M | $11.28B | -$4.73B | -$2.17B | -$3.75B |
| Net Cash Flow from Continuing Financing Activities | $630.00M | $11.28B | -$4.73B | -$2.17B | -$3.75B |
| Net Issuance Payments Of Debt | $2.70B | $12.08B | -$4.75B | -$1.68B | -$2.94B |
| Net Common Stock Issuance | -$650.00M | $0.00 | $0.00 | -$350.00M | -$300.00M |
| Cash Dividends Paid | -$610.00M | -$173.00M | -$171.00M | -$132.00M | -$134.00M |
| Proceeds from Stock Option Exercised | -$1.13B | -$365.00M | -$217.00M | -$178.00M | -$367.00M |
| Net Other Financing Charges | $313.00M | -$270.00M | $408.00M | $176.00M | -$1.00M |
| Ending Cash Balance | $38.39B | $38.39B | $25.02B | $13.93B | $9.73B |
| Net Change in Cash | $28.66B | $13.30B | $11.09B | $4.21B | $72.00M |
| Beginning Cash Balance | $9.65B | $25.02B | $13.93B | $9.73B | $9.65B |
| Effect of Exchange Rate Changes | $81.00M | $73.00M | $3.00M | -$9.00M | $14.00M |
| Free Cash Flow | $58.96B | $32.86B | $17.56B | $5.52B | $3.02B |
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