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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Micron Technology, Inc. (MU) Gross margin
Micron Technology, Inc.'s gross margin over the twelve months to 31 August 2026 was 80.7%. Over the past ten years it has ranged from −9.11% (fiscal 2023) to 80.7% (fiscal 2026) — the current reading is the highest in ten years. That is above the Semiconductors industry median of 52.3% and above the Technology sector median of 47.2%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2026 | 80.7% | 40.93 |
| FY2025 | 39.8% | 17.44 |
| FY2024 | 22.4% | 31.46 |
| FY2023 | −9.11% | (54.29) |
| FY2022 | 45.2% | 7.56 |
| FY2021 | 37.6% | 7.05 |
| FY2020 | 30.6% | (15.15) |
| FY2019 | 45.7% | (13.15) |
| FY2018 | 58.9% | 17.36 |
| FY2017 | 41.5% | 21.31 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Aug 2026 | 86.8% | 2.20 |
| May 2026 | 84.6% | 10.15 |
| Feb 2026 | 74.4% | 18.37 |
| Nov 2025 | 56.0% | 11.37 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| ARM ARM Holdings PLC Sponsored ADR compare | 97.5% |
| MU Micron Technology, Inc. | 80.7% |
| NVDA NVIDIA Corporation compare | 74.7% |
| AVGO Broadcom Inc. compare | 68.8% |
| TSM Taiwan Semiconductor Manufacturing Company Ltd. compare | 64.2% |
| TXN Texas Instruments Incorporated compare | 58.3% |
| AMD Advanced Micro Devices, Inc. compare | 53.2% |
| MRVL Marvell Technology, Inc. compare | 52.2% |
| INTC Intel Corporation compare | 38.6% |
| Semiconductors industry median | 52.3% |
| Technology sector median | 47.2% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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