MU
$1,074.89-2.05%
as of close, Oct 2, 2026
☾ AH $1,074.89 -2.05%
Micron Technology Inc.Stock · TechnologyNasdaq-100 5.6%Nasdaq Composite 2.4%S&P 500 2.0%Russell 1000 1.9%US Stock Market 1.8%Russell 3000 1.8%MSCI World 1.2%MSCI ACWI 0.9%S&P 500 Equal Weight 0.2%
MU financial statements
The full income statement, balance sheet, and cash-flow statement for Micron Technology Inc. (MU), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-05 1.11B2024-08 1.11B2024-11 1.11B2025-02 1.12B2025-05 1.12B2025-08 1.12B2025-11 1.13B2026-02 1.13B2026-05 1.13B+1.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Income Statement | as ofAug 28 ’25 | as ofAug 29 ’24 | as ofAug 31 ’23 | as ofSep 1 ’22 | as ofSep 2 ’21 | as ofSep 3 ’20 | |
| Revenue | 37.4B+48.9% | 25.1B+61.6% | 15.5B-49.5% | 30.8B+11.0% | 27.7B+29.3% | 21.4B-8.4% | |
| 14.9B+165.0% | 5.61B+496.4% | -1.42B-110.2% | 13.9B+33.3% | 10.4B+59.1% | 6.55B-38.8% | ||
| Cost of revenue | 22.5B+15.4% | 19.5B+15.0% | 17.0B+0.6% | 16.9B-2.4% | 17.3B+16.1% | 14.9B+17.2% | |
| Research & development | 3.80B+10.7% | 3.43B+10.1% | 3.11B-0.1% | 3.12B+17.0% | 2.66B+2.4% | 2.60B+6.5% | |
| Selling, general & administrative | 1.21B+6.7% | 1.13B+22.7% | 920M-13.7% | 1.07B+19.2% | 894M+1.5% | 881M+5.4% | |
| Amortization of intangibles | 71.0M-13.4% | 82.0M-4.7% | 86.0M+1.2% | 85.0M+3.7% | 82.0M+5.1% | 78.0M-4.9% | |
| Operating income | 9.77B+649.2% | 1.30B+122.7% | -5.75B-159.2% | 9.70B+54.4% | 6.28B+109.2% | 3.00B-59.3% | |
| Interest expense | 477M-15.1% | 562M+44.8% | 388M+105.3% | 189M+3.3% | 183M-5.7% | 194M+51.6% | |
| Other non-operating income | -135M-335.5% | -31.0M-542.9% | 7.00M+118.4% | -38.0M-146.9% | 81.0M+35.0% | 60.0M+114.8% | |
| Equity-method income | 9.00M+181.8% | -11.0M-650.0% | 2.00M-50.0% | 4.00M-89.2% | 37.0M+428.6% | 7.00M+133.3% | |
| Pre-tax income | 9.65B+678.5% | 1.24B+121.9% | -5.66B-159.1% | 9.57B+53.9% | 6.22B+108.4% | 2.98B-57.7% | |
| Income tax | 1.12B+149.2% | 451M+154.8% | 177M-80.1% | 888M+125.4% | 394M+40.7% | 280M-59.6% | |
| 8.54B+997.6% | 778M+113.3% | -5.83B-167.1% | 8.69B+48.2% | 5.86B+118.1% | 2.69B-57.4% | ||
| Net income to non-controlling interest | — | — | — | 0.00 | 0.00-100.0% | 23.0M-48.9% | |
| $7.59+984.3% | $0.70+113.1% | -$5.34-168.9% | $7.75+50.8% | $5.14+116.9% | $2.37-57.0% | ||
| EPS (basic) | $7.65+992.9% | $0.70+113.1% | -$5.34-168.4% | $7.81+49.3% | $5.23+116.1% | $2.42-57.3% | |
| Weighted-avg shares (basic) | 1.12B+1.0% | 1.10B+1.1% | 1.09B-1.7% | 1.11B-0.7% | 1.12B+0.9% | 1.11B-0.4% | |
| Weighted-avg shares (diluted) | 1.13B+0.6% | 1.12B+2.3% | 1.09B-2.6% | 1.12B-1.7% | 1.14B+0.9% | 1.13B-1.0% | |
| Dividends per share | $0.46+0.0% | $0.46+0.0% | $0.46+46.0% | $0.32+215.0% | $0.10 | — | |
| Balance Sheet | as ofAug 28 ’25 | as ofAug 29 ’24 | as ofAug 31 ’23 | as ofSep 1 ’22 | as ofSep 2 ’21 | as ofSep 3 ’20 | |
| 28.8B+18.3% | 24.4B+14.7% | 21.2B-2.5% | 21.8B+9.4% | 19.9B+10.8% | 18.0B+8.9% | ||
| Cash & equivalents | 9.64B+36.9% | 7.04B-17.9% | 8.58B+3.8% | 8.26B+6.4% | 7.76B+1.8% | 7.62B+6.6% | |
| Accounts receivable | 7.16B+32.2% | 5.42B+164.6% | 2.05B-57.0% | 4.76B-3.2% | 4.92B+40.8% | 3.49B+25.8% | |
| Inventory | 8.36B-5.9% | 8.88B+5.8% | 8.39B+25.9% | 6.66B+48.5% | 4.49B-16.5% | 5.37B+5.0% | |
| Other current assets | 914M+17.8% | 776M-5.4% | 820M+24.8% | 657M+30.9% | 502M-6.7% | 538M+128.9% | |
| 82.8B+19.3% | 69.4B+8.0% | 64.3B-3.1% | 66.3B+12.6% | 58.8B+9.6% | 53.7B+9.8% | ||
| Operating lease right-of-use | 736M+14.1% | 645M-3.2% | 666M-1.8% | 678M+23.0% | 551M-5.7% | 584M+3.0% | |
| Goodwill | 1.15B+0.0% | 1.15B+0.0% | 1.15B-6.4% | 1.23B+0.0% | 1.23B+0.0% | 1.23B+0.0% | |
| Intangible assets | 453M+8.9% | 416M+3.0% | 404M-4.0% | 421M+20.6% | 349M+4.5% | 334M-1.8% | |
| Deferred tax assets | 616M+18.5% | 520M-31.2% | 756M+7.7% | 702M-10.2% | 782M+10.6% | 707M-15.5% | |
| Other non-current assets | 2.78B+83.3% | 1.52B+20.3% | 1.26B-1.2% | 1.28B+21.2% | 1.05B+35.0% | 781M+35.8% | |
| 11.5B+23.9% | 9.25B+94.1% | 4.76B-36.8% | 7.54B+17.4% | 6.42B-3.2% | 6.63B+3.8% | ||
| Accounts payable | 3.13B+14.9% | 2.73B+58.0% | 1.73B-19.5% | 2.14B+22.8% | 1.74B-20.4% | 2.19B+30.6% | |
| Accrued liabilities | 9.65B+32.2% | 7.30B+84.4% | 3.96B-35.0% | 6.09B+14.4% | 5.33B-8.5% | 5.82B+25.7% | |
| Deferred revenue | 26.0M-96.6% | 766M | — | — | 74.0M | — | |
| Short-term & current debt | 560M+29.9% | 431M+55.0% | 278M+169.9% | 103M-33.5% | 155M-42.6% | 270M-79.4% | |
| Current lease liability | 74.0M+4.2% | 71.0M+7.6% | 66.0M+10.0% | 60.0M+9.1% | 55.0M+1.9% | 54.0M | |
| Other current liabilities | 1.25B-18.0% | 1.52B+187.0% | 529M-60.7% | 1.35B+42.6% | 944M+72.3% | 548M+20.7% | |
| Finance lease liability (current) | 560M+72.3% | 325M+89.0% | 172M+67.0% | 103M-33.5% | 155M+103.9% | 76.0M-65.9% | |
| 28.6B+17.9% | 24.3B+20.6% | 20.1B+22.9% | 16.4B+9.8% | 14.9B+1.6% | 14.7B+22.2% | ||
| Long-term debt | 11.5B+1.7% | 11.3B-5.9% | 12.0B+100.1% | 6.02B+0.9% | 5.97B-3.1% | 6.16B+35.6% | |
| Non-current lease liability | 701M+14.9% | 610M+1.2% | 603M-1.1% | 610M+21.0% | 504M-5.4% | 533M | |
| Operating lease liability (total) | 775M+13.8% | 681M+1.8% | 669M-0.1% | 670M+19.9% | 559M-4.8% | 587M | |
| Finance lease liability (total) | 3.04B+48.2% | 2.05B+60.3% | 1.28B+44.6% | 886M+10.2% | 804M+65.4% | 486M-17.8% | |
| Finance lease liability | 2.48B+43.7% | 1.73B+55.9% | 1.11B+41.6% | 783M+20.6% | 649M+58.3% | 410M+11.4% | |
| Deferred tax liabilities | 52.0M-11.9% | 59.0M-49.6% | 117M+800.0% | 13.0M+30.0% | 10.0M+11.1% | 9.00M+125.0% | |
| Other non-current liabilities | 1.44B+58.4% | 911M-7.7% | 987M+18.2% | 835M+49.4% | 559M+12.2% | 498M+10.2% | |
| 54.2B+20.0% | 45.1B+2.3% | 44.1B-11.6% | 49.9B+13.6% | 43.9B+12.7% | 39.0B+8.7% | ||
| Common stock | 127M+1.6% | 125M+0.8% | 124M+0.8% | 123M+0.8% | 122M+2.5% | 119M+0.8% | |
| Additional paid-in capital | 13.3B+10.1% | 12.1B+9.8% | 11.0B+8.2% | 10.2B+7.9% | 9.45B+6.0% | 8.92B+8.6% | |
| Retained earnings | 48.6B+18.9% | 40.9B+0.1% | 40.8B-13.6% | 47.3B+21.1% | 39.1B+17.0% | 33.4B+8.5% | |
| Treasury stock | 7.85B+0.0% | 7.85B+4.0% | 7.55B+6.0% | 7.13B+51.8% | 4.70B+34.3% | 3.50B+8.5% | |
| Accumulated other comprehensive income | -32.0M+76.1% | -134M+57.1% | -312M+44.3% | -560M-28100.0% | 2.00M-97.2% | 71.0M+688.9% | |
| Non-controlling interest | — | — | — | — | — | 0.00-100.0% | |
| Total equity incl. non-controlling | — | — | — | — | 43.9B+12.7% | 39.0B+6.1% | |
| Total liabilities & equity | 82.8B+19.3% | 69.4B+8.0% | 64.3B-3.1% | 66.3B+12.6% | 58.8B+9.6% | 53.7B+9.8% | |
| Common shares issued | 1.27B+1.0% | 1.25B+1.1% | 1.24B+1.1% | 1.23B+0.8% | 1.22B+1.8% | 1.19B+1.0% | |
| Common shares outstanding | 1.12B+1.2% | 1.11B+1.0% | 1.10B+0.4% | 1.09B-2.2% | 1.12B+0.5% | 1.11B+0.6% | |
| Shares outstanding (cover) | 1.12B+1.2% | 1.11B+1.0% | 1.10B+1.0% | 1.09B-2.8% | 1.12B+0.5% | 1.11B+0.6% | |
| Cash Flow | as ofAug 28 ’25 | as ofAug 29 ’24 | as ofAug 31 ’23 | as ofSep 1 ’22 | as ofSep 2 ’21 | as ofSep 3 ’20 | |
| 17.5B+106.0% | 8.51B+445.7% | 1.56B-89.7% | 15.2B+21.8% | 12.5B+50.1% | 8.31B-37.0% | ||
| Depreciation & amortization | 8.35B+7.4% | 7.78B+0.3% | 7.76B+9.0% | 7.12B+14.5% | 6.21B+10.0% | 5.65B+4.2% | |
| Intangible amortization | 71.0M-13.4% | 82.0M-4.7% | 86.0M+1.2% | 85.0M+3.7% | 82.0M+5.1% | 78.0M-4.9% | |
| Share-based compensation | 972M+16.7% | 833M+39.8% | 596M+16.0% | 514M+36.0% | 378M+15.2% | 328M+35.0% | |
| Deferred income taxes | 164M+368.6% | 35.0M+600.0% | -7.00M-102.4% | 294M+1647.4% | -19.0M-117.3% | 110M-67.3% | |
| Change in inventory | -520M-206.6% | 488M-86.3% | 3.56B+63.1% | 2.18B+351.6% | -866M-299.1% | 435M-70.8% | |
| Other operating activities | 328M+16.7% | 281M+1378.9% | 19.0M-84.0% | 119M+270.0% | -70.0M-237.3% | 51.0M+150.0% | |
| -14.1B-69.5% | -8.31B-34.2% | -6.19B+46.6% | -11.6B-9.4% | -10.6B-39.5% | -7.59B+24.7% | ||
| Capital expenditure | 15.9B+89.1% | 8.39B+9.2% | 7.68B-36.4% | 12.1B+20.3% | 10.0B+22.0% | 8.22B-15.9% | |
| Free cash flow | 1.67B+1278.5% | 121M+102.0% | -6.12B-296.4% | 3.11B+27.7% | 2.44B+2837.3% | 83.0M-97.6% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Sales/maturities of investments | — | — | 1.57B+18.5% | 1.32B+5.7% | 1.25B+53.6% | 814M-47.2% | |
| Other investing activities | 43.0M+30.3% | 33.0M-64.5% | 93.0M-74.6% | 366M+12300.0% | -3.00M-107.0% | 43.0M+135.8% | |
| -850M+53.9% | -1.84B-137.0% | 4.98B+267.2% | -2.98B-67.3% | -1.78B-461.8% | -317M+87.0% | ||
| Long-term debt issued | 4.43B+343.4% | 999M-85.1% | 6.72B+235.8% | 2.00B+68.4% | 1.19B-76.2% | 5.00B+40.8% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00-100.0% | 300M-29.4% | 425M-82.5% | 2.43B+102.7% | 1.20B+581.8% | 176M-93.6% | |
| Dividends paid | 522M+1.8% | 513M+1.8% | 504M+9.3% | 461M | 0.00 | 0.00 | |
| Other financing activities | -139M-872.2% | 18.0M-81.1% | 95.0M+10.5% | 86.0M+87.0% | 46.0M-57.0% | 107M-31.4% | |
| FX effect on cash | 6.00M-85.0% | 40.0M+217.6% | -34.0M+67.9% | -106M-358.5% | 41.0M+272.7% | 11.0M-57.7% | |
| Net change in cash | 2.59B+261.7% | -1.60B-606.0% | 317M-37.8% | 510M+266.9% | 139M-66.2% | 411M-40.6% | |
| Interest paid | 418M-16.9% | 503M+55.7% | 323M+109.7% | 154M-9.9% | 171M+3.6% | 165M+211.3% | |
| Income taxes paid | 583M+72.5% | 338M-36.5% | 532M+7.9% | 493M+36.6% | 361M+116.2% | 167M-68.1% | |
| Valuation Ratios | as ofAug 28 ’25 | as ofAug 29 ’24 | as ofAug 31 ’23 | as ofSep 1 ’22 | as ofSep 2 ’21 | as ofSep 3 ’20 | |
| Market cap | 137B+29.2% | 106B+38.0% | 76.8B+23.3% | 62.3B-24.7% | 82.8B+60.5% | 51.6B+4.3% | |
| P/E | 16.0×-88.2% | 136.2× | — | 7.2×-49.2% | 14.1×-26.4% | 19.2×+145.0% | |
| P/S | 3.7×-13.2% | 4.2×-14.6% | 4.9×+144.0% | 2.0×-32.2% | 3.0×+24.2% | 2.4×+13.9% | |
| P/B | 2.5×+7.7% | 2.3×+34.9% | 1.7×+39.4% | 1.2×-33.7% | 1.9×+42.4% | 1.3×-4.0% | |
| P/FCF | 82.1×-90.6% | 875.7× | — | 20.0×-41.1% | 33.9×-94.5% | 621.4×+4183.6% | |
| Earnings yield | 6.2%+749.3% | 0.73% | — | 13.9%+96.9% | 7.1%+35.9% | 5.2%-59.2% | |
| FCF yield | 1.2%+966.7% | 0.11% | — | 5.0%+69.7% | 2.9%+1730.4% | 0.16%-97.7% | |
| Dividend yield | 0.38%-21.7% | 0.48%-26.8% | 0.66%+19.7% | 0.55%+306.7% | 0.14% | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: MU’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all MU filings on SEC EDGAR → Not investment advice.