Micron Technology, Inc.
MU · Semiconductors & Related Devices · Last close $931.24 · 2026-10-15 · EOD · Massive
EPS (diluted, split-adjusted) by fiscal quarter
| Period | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|
| Q1 | 2.80 | 0.43 | 0.71 | 2.04 | -0.18 | -1.12 | 1.67 | 4.60 |
| Q2 | 1.42 | 0.36 | 0.53 | 2.00 | -2.12 | 0.71 | 1.41 | 12.07 |
| Q3 | 0.74 | 0.71 | 1.52 | 2.34 | -1.73 | 0.30 | 1.68 | 24.67 |
| Q4·d | 0.50 | 0.87 | 2.39 | 1.35 | -1.30 | 0.78 | 2.83 | 32.87 |
| Annual | 5.52 | 2.38 | 5.14 | 7.74 | -5.34 | 0.70 | 7.59 | 74.34 |
Quarters marked ·d are derived, because most filers never tag Q4 on its own: the fiscal-year total minus the three reported quarters. Per-share rows are rebuilt from net income and diluted share counts and normalised for stock splits, so a split year stays comparable with the years around it. Forward columns stay empty until a consensus estimate feed is licensed.
Revenue by fiscal quarter
| Period | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|
| Q1 | 7,913 | 5,144 | 5,773 | 7,687 | 4,085 | 4,726 | 8,709 | 13,643 |
| Q2 | 5,835 | 4,797 | 6,236 | 7,786 | 3,693 | 5,824 | 8,053 | 23,860 |
| Q3 | 4,788 | 5,438 | 7,422 | 8,642 | 3,752 | 6,811 | 9,301 | 41,456 |
| Q4·d | 4,870 | 6,056 | 8,274 | 6,643 | 4,010 | 7,750 | 11,315 | 54,229 |
| Annual | 23,406 | 21,435 | 27,705 | 30,758 | 15,540 | 25,111 | 37,378 | 133,188 |
Quarters marked ·d are derived, because most filers never tag Q4 on its own: the fiscal-year total minus the three reported quarters. Per-share rows are rebuilt from net income and diluted share counts and normalised for stock splits, so a split year stays comparable with the years around it. Forward columns stay empty until a consensus estimate feed is licensed.
Income statement
| Line item | Unit | FY20262026-09-03 | FY20252025-08-28 | FY20242024-08-29 | FY20232023-08-31 | FY20222022-09-01 | FY20212021-09-02 | FY20202020-09-03 | FY20192019-08-29 | FY20182018-08-30 | FY20172017-08-31 | FY20162016-09-01 | FY20152015-09-03 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $m | 133,188 | 37,378 | 25,111 | 15,540 | 30,758 | 27,705 | 21,435 | 23,406 | 30,391 | 20,322 | 12,399 | 16,192 |
| Cost of revenue | $m | 25,684 | 22,505 | 19,498 | 16,956 | 16,860 | 17,282 | 14,883 | 12,704 | 12,500 | 11,886 | 9,894 | 10,977 |
| Gross profit | $m | 107,504 | 14,873 | 5,613 | -1,416 | 13,898 | 10,423 | 6,552 | 10,702 | 17,891 | 8,436 | 2,505 | 5,215 |
| Research and development | $m | 5,650 | 3,798 | 3,430 | 3,114 | 3,116 | 2,663 | 2,600 | 2,441 | 2,141 | 1,824 | 1,617 | 1,540 |
| Selling, general and administrative | $m | 1,947 | 1,205 | 1,129 | 920 | 1,066 | 894 | 881 | 836 | 813 | 743 | 659 | 719 |
| Operating income | $m | 99,340 | 9,770 | 1,304 | -5,745 | 9,702 | 6,283 | 3,003 | 7,376 | 14,994 | 5,868 | 168 | 2,998 |
| Interest expense | $m | 106 | 477 | 562 | 388 | 189 | 183 | 194 | 128 | 342 | 601 | 437 | 371 |
| Pretax income | $m | 99,671 | 9,654 | 1,240 | -5,658 | 9,571 | 6,218 | 2,983 | 7,048 | 14,307 | 5,196 | -281 | 2,609 |
| Income tax expense | $m | 14,761 | 1,124 | 451 | 177 | 888 | 394 | 280 | 693 | 168 | 114 | 19 | 157 |
| Net income | $m | 84,969 | 8,539 | 778 | -5,833 | 8,687 | 5,861 | 2,687 | 6,313 | 14,135 | 5,089 | -276 | 2,899 |
| EPS (basic)·s | $/sh | 75.38 | 7.65 | 0.70 | -5.34 | 7.81 | 5.23 | 2.42 | 5.67 | 12.27 | 4.67 | -0.27 | 2.71 |
| EPS (diluted)·s | $/sh | 74.33 | 7.59 | 0.70 | -5.34 | 7.75 | 5.14 | 2.37 | 5.51 | 11.51 | 4.41 | -0.27 | 2.47 |
| Diluted shares·s | m sh | 1,143 | 1,125 | 1,118 | 1,093 | 1,122 | 1,141 | 1,131 | 1,143 | 1,229 | 1,154 | 1,036 | 1,170 |
| Gross margin·d | % | 80.7% | 39.8% | 22.4% | -9.1% | 45.2% | 37.6% | 30.6% | 45.7% | 58.9% | 41.5% | 20.2% | 32.2% |
| Operating margin·d | % | 74.6% | 26.1% | 5.2% | -37.0% | 31.5% | 22.7% | 14.0% | 31.5% | 49.3% | 28.9% | 1.4% | 18.5% |
| Net margin·d | % | 63.8% | 22.8% | 3.1% | -37.5% | 28.2% | 21.2% | 12.5% | 27.0% | 46.5% | 25.0% | -2.2% | 17.9% |
Balance sheet
| Line item | Unit | FY20262026-09-03 | FY20252025-08-28 | FY20242024-08-29 | FY20232023-08-31 | FY20222022-09-01 | FY20212021-09-02 | FY20202020-09-03 | FY20192019-08-29 | FY20182018-08-30 | FY20172017-08-31 | FY20162016-09-01 | FY20152015-09-03 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $m | 38,364 | 9,642 | 7,041 | 8,577 | 8,262 | 7,763 | 7,624 | 7,152 | 6,506 | 5,109 | 4,140 | 2,287 |
| Short-term investments | $m | 5,070 | 665 | 1,065 | 1,017 | 1,069 | 870 | 518 | 803 | 296 | — | — | — |
| Accounts receivable | $m | 31,793 | 7,163 | 5,419 | 2,048 | 4,765 | 4,920 | 3,494 | 2,778 | 5,056 | 3,490 | 1,765 | 2,188 |
| Inventory | $m | 10,372 | 8,355 | 8,875 | 8,387 | 6,663 | 4,487 | 5,373 | 5,118 | 3,595 | 3,123 | 2,889 | 2,340 |
| Total current assets | $m | 91,070 | 28,841 | 24,372 | 21,244 | 21,781 | 19,907 | 17,965 | 16,503 | 16,039 | 12,457 | 9,495 | 8,596 |
| Total assets | $m | 195,888 | 82,798 | 69,416 | 64,254 | 66,283 | 58,849 | 53,678 | 48,887 | 43,376 | 35,336 | 27,540 | 24,143 |
| Total current liabilities | $m | 27,482 | 11,454 | 9,248 | 4,765 | 7,539 | 6,424 | 6,635 | 6,390 | 5,754 | 5,334 | 4,835 | 3,905 |
| Short-term debt | $m | 491 | 560 | 431 | 278 | 103 | 155 | 270 | 1,310 | 859 | 1,262 | 756 | 1,089 |
| Long-term debt | $m | 2,792 | 11,533 | 11,343 | 12,049 | 6,020 | 5,968 | 6,157 | — | — | — | — | — |
| Total liabilities | $m | 57,510 | 28,633 | 24,285 | 20,134 | 16,376 | 14,916 | 14,682 | 12,019 | 10,112 | 15,845 | 14,612 | 10,855 |
| Stockholders’ equity | $m | 138,378 | 54,165 | 45,131 | 44,120 | 49,907 | 43,933 | 38,996 | 35,881 | 32,294 | 18,621 | 12,080 | 12,302 |
| Shares outstanding·s | m sh | 1,131 | 1,122 | 1,109 | 1,098 | 1,094 | 1,119 | 1,113 | 1,106 | 1,161 | 1,112 | 1,040 | 1,084 |
Cash flow
| Line item | Unit | FY20262026-09-03 | FY20252025-08-28 | FY20242024-08-29 | FY20232023-08-31 | FY20222022-09-01 | FY20212021-09-02 | FY20202020-09-03 | FY20192019-08-29 | FY20182018-08-30 | FY20172017-08-31 | FY20162016-09-01 | FY20152015-09-03 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $m | 89,675 | 17,525 | 8,507 | 1,559 | 15,181 | 12,468 | 8,306 | 13,189 | 17,400 | 8,153 | 3,168 | 5,208 |
| Capital expenditures | $m | 30,712 | 15,857 | 8,386 | 7,676 | 12,067 | 10,030 | 8,223 | 9,780 | 8,879 | 4,734 | 5,817 | 4,021 |
| Free cash flow·d | $m | 58,963 | 1,668 | 121 | -6,117 | 3,114 | 2,438 | 83 | 3,409 | 8,521 | 3,419 | -2,649 | 1,187 |
| Depreciation and amortization | $m | 9,503 | 8,352 | 7,780 | 7,756 | 7,116 | 6,214 | 5,650 | 5,424 | 4,759 | 3,861 | 2,980 | 2,805 |
| Share-based compensation | $m | 1,333 | 972 | 833 | 596 | 514 | 378 | 328 | 243 | 198 | 215 | 191 | 168 |
| Investing cash flow | $m | -61,641 | -14,087 | -8,309 | -6,191 | -11,585 | -10,589 | -7,589 | -10,085 | -8,216 | -7,537 | -3,044 | -6,216 |
| Financing cash flow | $m | 630 | -850 | -1,842 | 4,983 | -2,980 | -1,781 | -317 | -2,438 | -7,776 | 349 | 1,745 | -718 |
| Share repurchases | $m | 650 | 0 | 300 | 425 | 2,432 | 1,200 | 176 | 2,729 | 71 | 36 | 148 | 884 |
| Dividends paid | $m | 610 | 522 | 513 | 504 | 461 | 0 | 0 | — | — | — | — | — |
Every figure comes from the issuer’s own XBRL tags in filed 10-K, 10-Q, 20-F, and 40-F documents, taking the most recently filed value when a period was restated. Hover a line item to see the tag. Rows marked ·d are calculated by Bilani from other reported lines. Rows marked ·s are share counts and per-share figures put onto today’s share base, because a filing from before a stock split states them on the old one.