The Inventing Press

MICRON TECHNOLOGY INC

Financial highlights

MetricFY 08/28/25FY 08/29/24FY 08/31/23FY 09/01/22FY 09/02/21
Income Statement
Revenue$37.4B$25.1B$15.5B$30.8B$27.7B
Cost of revenue$22.5B$19.5B$17.0B$16.9B$17.3B
Gross profit$14.9B$5.6B-$1.4B$13.9B$10.4B
Selling, general & administrative$1.2B$1.1B$920.0M$1.1B$894.0M
Research and development$3.8B$3.4B$3.1B$3.1B$2.7B
Operating income$9.8B$1.3B-$5.7B$9.7B$6.3B
Interest expense$477.0M$562.0M$388.0M$189.0M$183.0M
Pretax income$9.7B$1.2B-$5.7B$9.6B$6.2B
Income tax expense$1.1B$451.0M$177.0M$888.0M$394.0M
Net income$8.5B$778.0M-$5.8B$8.7B$5.9B
Balance Sheet
Cash and equivalents$9.6B$7.0B$8.6B$8.3B$7.8B
Current assets$28.8B$24.4B$21.2B$21.8B$19.9B
Total assets$82.8B$69.4B$64.3B$66.3B$58.8B
Current liabilities$11.5B$9.2B$4.8B$7.5B$6.4B
Total liabilities$28.6B$24.3B$20.1B$16.4B$14.9B
Total debt$14.6B$13.4B$13.3B$6.9B$6.8B
Stockholders' equity$54.2B$45.1B$44.1B$49.9B$43.9B
Cash Flow Statement
Cash from operations$17.5B$8.5B$1.6B$15.2B$12.5B
Depreciation and amortization$8.4B$7.8B$7.8B$7.1B$6.2B
Stock-based compensation$972.0M$833.0M$596.0M$514.0M$378.0M
Capital expenditure$15.9B$8.4B$7.7B$12.1B$10.0B
Free cash flow$1.7B$121.0M-$6.1B$3.1B$2.4B
Dividends paid$522.0M$513.0M$504.0M$461.0M$0
Share repurchases$0$300.0M$425.0M$2.4B$1.2B
Impairments$0$0$101.0M$0$0

Shares outstanding 1.1B · Free float 95.7%

Annual filing data through FY ended August 28, 2025; float as of July 8, 2026.

Earnings

Other Coverage