Micron Technology (MU)
Makes DRAM and NAND memory for AI data centers, devices, vehicles and industrial systems.
$1,057.18
vs last close+13.22 (+1.27%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Aug 2023 | Q1 FY24Nov 2023 | Q2 FY24Feb 2024 | Q3 FY24May 2024 | Q4 FY24Aug 2024 | Q1 FY25Nov 2024 | Q2 FY25Feb 2025 | Q3 FY25May 2025 | Q4 FY25Aug 2025 | Q1 FY26Nov 2025 | Q2 FY26Feb 2026 | Q3 FY26May 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,010 | 4,726 | 5,824 | 6,811 | 7,750 | 8,709 | 8,053 | 9,301 | 11,315 | 13,643 | 23,860 | 41,456 |
| Cost of revenue | 4,445 | 4,761 | 4,745 | 4,979 | 5,013 | 5,361 | 5,090 | 5,793 | 6,261 | 5,997 | 6,105 | 6,400 |
| Gross profit | −435 | −35 | 1,079 | 1,832 | 2,737 | 3,348 | 2,963 | 3,508 | 5,054 | 7,646 | 17,755 | 35,056 |
| 1,037 | 1,093 | 888 | 1,113 | 1,215 | 1,174 | 1,190 | 1,339 | 1,300 | 1,510 | 1,620 | 1,738 | |
| Research & development | 719 | 865 | 832 | 850 | 903 | 906 | 898 | 965 | 1,029 | 1,171 | 1,250 | 1,316 |
| 219 | 263 | 280 | 291 | 295 | 288 | 285 | 318 | 314 | 337 | 344 | 407 | |
| Selling & marketing | 0 | 0 | 228 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 0 | 0 | 52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 99 | −35 | −224 | −28 | 17 | −20 | 7 | 56 | −43 | 2 | 26 | 15 |
| Operating income | −1,472 | −1,128 | 191 | 719 | 1,522 | 2,174 | 1,773 | 2,169 | 3,754 | 6,136 | 16,135 | 33,318 |
| 18 | −33 | −20 | −10 | −12 | −21 | −13 | −56 | −117 | −67 | 21 | −97 | |
| Interest income | 134 | 132 | 130 | 136 | 131 | 107 | 108 | 135 | 146 | 139 | 155 | 215 |
| Interest expense | 129 | 132 | 144 | 150 | 136 | 118 | 112 | 123 | 124 | 74 | 32 | 0 |
| Other non-operating income | −97 | −99 | −124 | 38 | −5 | −97 | −99 | −67 | −7 | 1 | −57 | 106 |
| Income before tax | −1,454 | −1,161 | 171 | 709 | 1,510 | 2,153 | 1,760 | 2,113 | 3,637 | 6,069 | 16,156 | 33,221 |
| Income tax expense | −24 | 73 | −622 | 377 | 623 | 283 | 177 | 235 | 429 | 829 | 2,371 | 4,978 |
| Net income from continuing operations | −1,430 | −1,234 | 793 | 332 | 887 | 1,870 | 1,583 | 1,878 | 3,208 | 5,240 | 13,785 | 28,243 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | −7 | 0 | 0 | 0 |
| Net income | −1,430 | −1,234 | 793 | 332 | 887 | 1,870 | 1,583 | 1,885 | 3,201 | 5,240 | 13,785 | 28,243 |
| EPS, basic | −$1.31 | −$1.12 | $0.72 | $0.30 | $0.80 | $1.68 | $1.42 | $1.69 | $2.86 | $4.66 | $12.25 | $25.04 |
| EPS, diluted | −$1.31 | −$1.12 | $0.71 | $0.30 | $0.79 | $1.67 | $1.41 | $1.68 | $2.83 | $4.60 | $12.08 | $24.67 |
| Weighted average shares, basic | 1,095 | 1,100 | 1,104 | 1,107 | 1,108 | 1,111 | 1,115 | 1,118 | 1,116 | 1,125 | 1,125 | 1,128 |
| Weighted average shares, diluted | 1,095 | 1,100 | 1,114 | 1,123 | 1,125 | 1,122 | 1,123 | 1,125 | 1,125 | 1,138 | 1,140 | 1,145 |
| EBITDA | 476 | 886 | 2,198 | 2,636 | 3,431 | 4,301 | 3,916 | 4,330 | 5,945 | 8,347 | 18,478 | 35,576 |
| Depreciation & amortization | 1,851 | 1,915 | 1,883 | 1,955 | 1,904 | 2,030 | 2,044 | 2,094 | 2,184 | 2,212 | 2,286 | 2,364 |
| EBIT | −1,375 | −1,029 | 315 | 681 | 1,527 | 2,271 | 1,872 | 2,236 | 3,761 | 6,135 | 16,192 | 33,212 |
