Micron Technology, Inc.

MU Technology Semiconductors

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.

913.67 17.60 +1.96%
Market cap
$1.03T
P/E
12.2×
Fwd P/E
5.1×
Dividend yield
0.06%
F-score
8/9
Altman Z
14.96
Beneish M
0.34
Dividend safety
82/100

Micron Technology, Inc. (MU) Free cash flow

Alert me on Free cash flow

Micron Technology, Inc.'s free cash flow for fiscal 2026 was $59.0B, up 3,435.0% from $1.7B in fiscal 2025. Over the past ten years it has ranged from −$6.1B (fiscal 2023) to $59.0B (fiscal 2026) — the current reading is the highest in ten years. Free cash flow has risen for 3 consecutive fiscal years. Micron Technology, Inc. ranks 2nd of 66 Semiconductors companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2026 $59.0B 3,434.95%
FY2025 $1.7B 1,278.51%
FY2024 $121.0M —
FY2023 −$6.1B —
FY2022 $4.0B 64.15%
FY2021 $2.4B 2,837.35%
FY2020 $83.0M (97.57%)
FY2019 $3.4B (59.99%)
FY2018 $8.5B 149.22%
FY2017 $3.4B —

Quarterly newest first

Period Free cash flow Change
Aug 2026 $32.9B 87.13%
May 2026 $17.6B 218.38%
Feb 2026 $5.5B 82.53%
Nov 2025 $3.0B 4,097.22%
43 more quarters

Against its own ten years

Low −$6.1B High $59.0B
Ten-year median $2.1B
Current reading's percentile 100

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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