How Micron Technology makes money

Period

FY2025

How does Micron Technology make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Micron Technology Inc. · FY2025 · year ended 2025-08-28

Revenue$37.4BGross profit$14.9B · 40%Cost of revenue$22.5B · 60%Operating income$9.8B · 26%Operating expenses$5.1B · 14%R&D$3.8B · 10%SG&A$1.2B · 3%Net income$8.5B · 23%Income tax$1.1B · 3%DRAM Products$28.6B · 76%NAND Products$8.5B · 23%Other Product Sales$297M · 1%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.