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Business overview · SEC XBRL

Micron Technology, Inc.

MU · Semiconductors & Related Devices · Last close $931.24 · 2026-10-15 · EOD · Massive

Financial statements
P/E12.6×Last close ÷ net income per diluted share (trailing four quarters)
P/S8.0×Last close ÷ revenue per diluted share (trailing four quarters)
P/B7.7×Last close ÷ equity per diluted share (latest balance sheet)
P/CF11.9×Last close ÷ operating cash flow per diluted share (trailing four quarters)
Forward P/E—Needs a licensed consensus estimate feed — not connected

Growth and profitability

Reported results and the margins they produce. Nothing here is an estimate.

Performance?

FY2022 Revenue 30.8BFY2022 Net income 8.69BFY2023 Revenue 15.5BFY2023 Net income −5.83BFY2024 Revenue 25.1BFY2024 Net income 778MFY2025 Revenue 37.4BFY2025 Net income 8.54BFY2026 Revenue 133.2BFY2026 Net income 85.0BFY2026 Revenue 133.2B — beyond the axisFY2022 Net margin 28.2%FY2023 Net margin -37.5%FY2024 Net margin 3.1%FY2025 Net margin 22.8%FY2026 Net margin 63.8%
RevenueNet incomeNet margin %

Revenue to profit conversion?

FY2026
Revenue 133.2BCOGS 25.7BGross profit 107.5BOp costs 8.16BOp income 99.3BNon-op 331MTax 14.7BNet income 85.0B
SubtotalCostGain

Growth?

FY2022 Revenue growth 11.0%FY2022 Net income growth 48.2%FY2022 Free cash flow growth 27.7%FY2023 Revenue growth -49.5%FY2023 Net income growth -167.1%FY2023 Free cash flow growth -296.4%FY2024 Revenue growth 61.6%FY2025 Revenue growth 48.9%FY2025 Net income growth 997.6%FY2025 Free cash flow growth 1278.5%FY2026 Revenue growth 256.3%FY2026 Net income growth 895.1%FY2026 Free cash flow growth 3435.0%FY2026 Free cash flow growth 3435.0% — beyond the axis
RevenueNet incomeFree cash flow

Profitability?

FY2022 Gross margin 45.2%FY2023 Gross margin -9.1%FY2024 Gross margin 22.4%FY2025 Gross margin 39.8%FY2026 Gross margin 80.7%FY2022 Operating margin 31.5%FY2023 Operating margin -37.0%FY2024 Operating margin 5.2%FY2025 Operating margin 26.1%FY2026 Operating margin 74.6%FY2022 Net margin 28.2%FY2023 Net margin -37.5%FY2024 Net margin 3.1%FY2025 Net margin 22.8%FY2026 Net margin 63.8%FY2022 Free cash flow margin 10.1%FY2023 Free cash flow margin -39.4%FY2024 Free cash flow margin 0.5%FY2025 Free cash flow margin 4.5%FY2026 Free cash flow margin 44.3%
GrossOperatingNetFree cash flow

Valuation ratios

Each multiple is the close on that period end against the figures reported for the period. Trailing twelve months on a quarterly basis.

Valuation ratios?

priced from 2024-10-16
Q1 FY25 P/E 28.2×Q2 FY25 P/E 22.0×Q3 FY25 P/E 17.4×Q4 FY25 P/E 16.0×Q1 FY26 P/E 21.8×Q2 FY26 P/E 19.4×Q3 FY26 P/E 20.7×Q4 FY26 P/E 12.8×Q1 FY25 P/S 3.8×Q2 FY25 P/S 3.3×Q3 FY25 P/S 3.2×Q4 FY25 P/S 3.7×Q1 FY26 P/S 6.1×Q2 FY26 P/S 8.1×Q3 FY26 P/S 11.5×Q4 FY26 P/S 8.1×Q1 FY25 P/B 2.3×Q2 FY25 P/B 2.1×Q3 FY25 P/B 2.1×Q4 FY25 P/B 2.5×Q1 FY26 P/B 4.4×Q2 FY26 P/B 6.5×Q3 FY26 P/B 10.4×Q4 FY26 P/B 7.8×Q1 FY25 EV/EBITDA 9.1×Q2 FY25 EV/EBITDA 7.5×Q3 FY25 EV/EBITDA 7.0×Q4 FY25 EV/EBITDA 7.7×Q1 FY26 EV/EBITDA 11.6×Q2 FY26 EV/EBITDA 12.3×Q3 FY26 EV/EBITDA 14.9×Q4 FY26 EV/EBITDA 9.6×
P/EP/SP/BEV/EBITDA

Segment revenue

Product and geographic splits tagged on the latest 10-K and 10-Q. A parent line that is only the sum of its children is dropped so the ring is a partition.

By product?

FY2026
DRAM 100.7B · 75.6%NAND 31.8B · 23.9%Other (primarily NOR) 724M · 0.5%
  • DRAM75.6%100.7B
  • NAND23.9%31.8B
  • Other (primarily NOR)0.5%724M

By geography?

FY2026
U.S. 91.3B · 84.6%Hong Kong 6.29B · 5.8%Other Asia Pacific 5.78B · 5.4%Japan 2.07B · 1.9%Europe 1.72B · 1.6%Other 729M · 0.7%
  • U.S.84.6%91.3B
  • Hong Kong5.8%6.29B
  • Other Asia Pacific5.4%5.78B
  • Japan1.9%2.07B
  • Europe1.6%1.72B
  • Other0.7%729M

Earnings

Diluted EPS on the current share base. Forward estimates stay empty until a consensus feed is licensed.

Earnings?

FY2021 $5.14FY2022 $7.75FY2023 $-5.34FY2024 $0.70FY2025 $7.59FY2026 $74.33
ActualEstimate (not connected)

Financial health

How the balance sheet is funded, and whether cash generation covers the debt.

Capital structure?

FY2022 Equity 49.9BFY2022 Debt 6.12BFY2023 Equity 44.1BFY2023 Debt 12.3BFY2024 Equity 45.1BFY2024 Debt 11.8BFY2025 Equity 54.2BFY2025 Debt 12.1BFY2026 Equity 138.4BFY2026 Debt 3.28BFY2022 Debt to capital 10.9%FY2023 Debt to capital 21.8%FY2024 Debt to capital 20.7%FY2025 Debt to capital 18.3%FY2026 Debt to capital 2.3%
EquityDebtDebt / capital %

Debt level and coverage?

FY2022 Debt 6.12BFY2022 Free cash flow 3.11BFY2022 Cash & investments 9.33BFY2023 Debt 12.3BFY2023 Free cash flow −6.12BFY2023 Cash & investments 9.59BFY2024 Debt 11.8BFY2024 Free cash flow 121MFY2024 Cash & investments 8.11BFY2025 Debt 12.1BFY2025 Free cash flow 1.67BFY2025 Cash & investments 10.3BFY2026 Debt 3.28BFY2026 Free cash flow 59.0BFY2026 Cash & investments 43.4BFY2026 Free cash flow 59.0B — beyond the axisFY2026 Cash & investments 43.4B — beyond the axis
DebtFree cash flowCash & investments

Every figure is built from the issuer’s own XBRL tags in filed 10-K, 10-Q, 20-F, and 40-F documents. Ratios price each period against the daily close on or before that period end, and share counts sit on today’s post-split base, so a split year stays comparable with the years around it. Segment rings come from dimensional facts on the latest 10-K and 10-Q, not from companyfacts, which has no product or geographic split. Hover any bar, dot, or slice for its value. Forward estimates stay empty until a consensus feed is licensed.