Micron Technology, Inc.
Micron Technology, Inc.’s revenue for fiscal 2026 (year ended August 2026) was $133.2 billion, up 256.3% from fiscal 2025. In the quarter to August 2026, revenue grew 379.3%, EPS grew 1,066.4%, free cash flow grew 45,543.1% and total debt fell 64.5%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for five consecutive years, revenue growth for three, operating cash flow growth for three; insiders bought in the last twelve months.
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An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.
| Aug '17 | Aug '18 | Aug '19 | Aug '20 | Aug '21 | Aug '22 | Aug '23 | Aug '24 | Aug '25 | Aug '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue |
20,322.00 | 30,391.00 | 23,406.00 | 21,435.00 | 27,705.00 | 30,758.00 | 15,540.00 | 25,111.00 | 37,378.00 | 133,188.00 |
Revenue Growth |
63.90% | 49.55% | (22.98%) | (8.42%) | 29.25% | 11.02% | (49.48%) | 61.59% | 48.85% | 256.33% |
Cost of Revenue |
11,886.00 | 12,500.00 | 12,704.00 | 14,883.00 | 17,282.00 | 16,860.00 | 16,956.00 | 19,498.00 | 22,505.00 | 25,684.00 |
Gross Profit |
8,436.00 | 17,891.00 | 10,702.00 | 6,552.00 | 10,423.00 | 13,898.00 | (1,416.00) | 5,613.00 | 14,873.00 | 107,504.00 |
R&D Expenses |
1,824.00 | 2,141.00 | 2,441.00 | 2,600.00 | 2,663.00 | 3,116.00 | 3,114.00 | 3,430.00 | 3,798.00 | 5,650.00 |
SG&A Expenses |
743.00 | 813.00 | 836.00 | 881.00 | 894.00 | 1,066.00 | 920.00 | 1,129.00 | 1,205.00 | 1,947.00 |
Operating Income |
5,868.00 | 14,994.00 | 7,376.00 | 3,003.00 | 6,283.00 | 9,702.00 | (5,745.00) | 1,304.00 | 9,770.00 | 99,340.00 |
Non-operating Income/Expense |
(672.00) | (687.00) | (328.00) | (20.00) | (65.00) | (131.00) | 87.00 | (64.00) | (116.00) | 331.00 |
Non-operating Interest Expenses |
601.00 | 342.00 | 128.00 | 194.00 | 183.00 | 189.00 | 388.00 | 562.00 | 477.00 | 106.00 |
Investment Gain/Loss (Other) |
8.00 | (1.00) | 3.00 | 7.00 | 37.00 | 4.00 | 2.00 | (11.00) | 9.00 | 59.00 |
| 5,196.00 | 14,307.00 | 7,048.00 | 2,983.00 | 6,218.00 | 9,571.00 | (5,658.00) | 1,240.00 | 9,654.00 | 99,671.00 | |
Income Tax Provision |
114.00 | 168.00 | 693.00 | 280.00 | 394.00 | 888.00 | 177.00 | 451.00 | 1,124.00 | 14,761.00 |
Income after Tax |
5,082.00 | 14,139.00 | 6,355.00 | 2,703.00 | 5,824.00 | 8,683.00 | (5,835.00) | 789.00 | 8,530.00 | 84,910.00 |
Non-Controlling Interest |
1.00 | 3.00 | 45.00 | 23.00 | 0.00 | 0.00 | — | — | — | — |
Net Income Common |
5,089.00 | 14,135.00 | 6,313.00 | 2,687.00 | 5,861.00 | 8,687.00 | (5,833.00) | 778.00 | 8,539.00 | 84,969.00 |
EPS (Basic) |
4.67 | 12.27 | 5.67 | 2.42 | 5.23 | 7.81 | (5.34) | 0.70 | 7.65 | 75.38 |
EPS (Diluted) |
4.41 | 11.51 | 5.51 | 2.37 | 5.14 | 7.75 | (5.34) | 0.70 | 7.59 | 74.33 |
Shares (Basic, Weighted) |
1,089.00 | 1,152.00 | 1,114.00 | 1,110.00 | 1,120.00 | 1,112.00 | 1,093.00 | 1,105.00 | 1,116.00 | 1,127.00 |
Shares (Diluted, Weighted) |
1,154.00 | 1,229.00 | 1,143.00 | 1,131.00 | 1,141.00 | 1,122.00 | 1,093.00 | 1,118.00 | 1,125.00 | 1,143.00 |
Gross Margin |
41.51% | 58.87% | 45.72% | 30.57% | 37.62% | 45.18% | (9.11%) | 22.35% | 39.79% | 80.72% |
EBIT Margin |
28.88% | 49.34% | 31.51% | 14.01% | 22.68% | 31.54% | (36.97%) | 5.19% | 26.14% | 74.59% |
EBT margin |
25.57% | 47.08% | 30.11% | 13.92% | 22.44% | 31.12% | (36.41%) | 4.94% | 25.83% | 74.83% |
Net Profit Margin |
25.04% | 46.51% | 26.97% | 12.54% | 21.16% | 28.24% | (37.54%) | 3.10% | 22.84% | 63.80% |
Free Cash Flow Margin |
16.82% | 28.04% | 14.56% | 0.39% | 8.80% | 13.01% | (39.36%) | 0.48% | 4.46% | 44.27% |
EBITDA |
9,854.00 | 19,854.00 | 12,849.00 | 8,653.00 | 12,497.00 | 16,818.00 | 2,112.00 | 9,084.00 | 18,122.00 | 108,843.00 |
EBIT |
5,868.00 | 14,994.00 | 7,376.00 | 3,003.00 | 6,283.00 | 9,702.00 | (5,745.00) | 1,304.00 | 9,770.00 | 99,340.00 |
Income from Continuous Operations |
5,090.00 | 14,138.00 | 6,358.00 | 2,710.00 | 5,861.00 | 8,687.00 | (5,833.00) | 778.00 | 8,539.00 | 84,969.00 |
Consolidated Net Income/Loss |
5,090.00 | 14,138.00 | 6,358.00 | 2,710.00 | 5,861.00 | 8,687.00 | (5,833.00) | 778.00 | 8,539.00 | 84,969.00 |
EPS (Basic, from Continuous Ops) |
4.67 | 12.27 | 5.71 | 2.44 | 5.23 | 7.81 | (5.34) | 0.70 | 7.65 | 75.39 |
EPS (Basic, Consolidated) |
4.67 | 12.27 | 5.71 | 2.44 | 5.23 | 7.81 | (5.34) | 0.70 | 7.65 | 75.39 |
EPS (Diluted, from Cont. Ops) |
4.41 | 11.50 | 5.56 | 2.40 | 5.14 | 7.74 | (5.34) | 0.70 | 7.59 | 74.34 |
Shares (Diluted, Average) |
1,154.00 | 1,229.00 | 1,143.00 | 1,131.00 | 1,141.00 | 1,122.00 | 1,093.00 | 1,118.00 | 1,125.00 | 1,143.00 |
EPS (Diluted, Consolidated) |
4.41 | 11.50 | 5.56 | 2.40 | 5.14 | 7.74 | (5.34) | 0.70 | 7.59 | 74.34 |
EBITDA Margin |
48.49% | 65.33% | 54.90% | 40.37% | 45.11% | 54.68% | 13.59% | 36.18% | 48.48% | 81.72% |
Operating Cash Flow Margin |
40.12% | 57.25% | 56.35% | 38.75% | 45.00% | 49.36% | 10.03% | 33.88% | 46.89% | 67.33% |