MU · XBRL financial data
Micron Technology financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (MU's year ends in early September)
| In millions of dollars | Sep 2, 2021 | Sep 1, 2022 | Aug 31, 2023 | Aug 29, 2024 | Aug 28, 2025 | Sep 3, 2026 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 27,705 | 30,758 | 15,540 | 25,111 | 37,378 | 133,188 |
| Cost of goods and services sold | 17,282 | 16,860 | 16,956 | 19,498 | 22,505 | 25,684 |
| Gross profit | 10,423 | 13,898 | (1,416) | 5,613 | 14,873 | 107,504 |
| Research and development | 2,663 | 3,116 | 3,114 | 3,430 | 3,798 | 5,650 |
| Selling, general and administrative | 894 | 1,066 | 920 | 1,129 | 1,205 | 1,947 |
| Other operating income (expense) | (95) | 34 | (124) | 251 | (61) | (567) |
| Operating income (loss) | 6,283 | 9,702 | (5,745) | 1,304 | 9,770 | 99,340 |
| Interest expense | 183 | 189 | 388 | 562 | 477 | 106 |
| Other income (expense) | 81 | (38) | 7 | (31) | (135) | (647) |
| Income tax expense (benefit) | 394 | 888 | 177 | 451 | 1,124 | 14,761 |
| Net income (loss) | 5,861 | 8,687 | (5,833) | 778 | 8,539 | 84,969 |
| Earnings per share, basic USD per share | 5.23 | 7.81 | (5.34) | 0.70 | 7.65 | 75.38 |
| Earnings per share, diluted USD per share | 5.14 | 7.75 | (5.34) | 0.70 | 7.59 | 74.33 |
| Weighted average shares, basic millions of shares | 1,120 | 1,112 | 1,093 | 1,105 | 1,116 | 1,127 |
| Weighted average shares, diluted millions of shares | 1,141 | 1,122 | 1,093 | 1,118 | 1,125 | 1,143 |
Balance sheet
CSVFiscal years (MU's year ends in early September)
| In millions of dollars | Sep 2, 2021 | Sep 1, 2022 | Aug 31, 2023 | Aug 29, 2024 | Aug 28, 2025 | Sep 3, 2026 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 7,763 | 8,262 | 8,577 | 7,041 | 9,642 | 38,364 |
| Marketable securities | 870 | 1,069 | 1,017 | 1,065 | 665 | 5,070 |
| Marketable securities, non-current | 1,765 | 1,647 | 844 | 1,046 | 1,629 | 30,019 |
| Accounts receivable | 4,920 | 4,765 | 2,048 | 5,419 | 7,163 | 31,793 |
| Inventory | 4,487 | 6,663 | 8,387 | 8,875 | 8,355 | 10,372 |
| Total current assets | 19,907 | 21,781 | 21,244 | 24,372 | 28,841 | 91,070 |
| Right-of-use asset | 551 | 678 | 666 | 645 | 736 | — |
| Goodwill | 1,228 | 1,228 | 1,150 | 1,150 | 1,150 | 1,150 |
| Total assets | 58,849 | 66,283 | 64,254 | 69,416 | 82,798 | 195,888 |
| Total current liabilities | 6,424 | 7,539 | 4,765 | 9,248 | 11,454 | 27,482 |
| Lease liability, non-current | 504 | 610 | 603 | 610 | 701 | — |
| Total liabilities | 14,916 | 16,376 | 20,134 | 24,285 | 28,633 | 57,510 |
| Retained earnings | 39,051 | 47,274 | 40,824 | 40,877 | 48,583 | 131,851 |
| Total stockholders' equity | 43,933 | 49,907 | 44,120 | 45,131 | 54,165 | 138,378 |
| Total liabilities and equity | 58,849 | 66,283 | 64,254 | 69,416 | 82,798 | 195,888 |
| Common shares outstanding (cover page) millions of shares | 1,119 | 1,087 | 1,098 | 1,109 | 1,122 | 1,131 |
Cash flows
CSVFiscal years (MU's year ends in early September)
| In millions of dollars | Sep 2, 2021 | Sep 1, 2022 | Aug 31, 2023 | Aug 29, 2024 | Aug 28, 2025 | Sep 3, 2026 |
|---|---|---|---|---|---|---|
| Net income (loss) | 5,861 | 8,687 | (5,833) | 778 | 8,539 | 84,969 |
| Stock-based compensation | 378 | 514 | 596 | 833 | 972 | 1,333 |
| Depreciation and amortization | 6,214 | 7,116 | 7,756 | 7,780 | 8,352 | 9,503 |
| Net cash from operating activities | 12,468 | 15,181 | 1,559 | 8,507 | 17,525 | 89,675 |
| Purchases of property and equipment | 10,030 | 12,067 | 7,676 | 8,386 | 15,857 | 30,712 |
| Net cash from investing activities | (10,589) | (11,585) | (6,191) | (8,309) | (14,087) | (61,641) |
| Share repurchases | 1,294 | 2,432 | 425 | 300 | 0 | 650 |
| Dividends paid | 0 | 461 | 504 | 513 | 522 | 610 |
| Proceeds from long-term debt | 1,188 | 2,000 | 6,716 | 999 | 4,430 | 0 |
| Net cash from financing activities | (1,781) | (2,980) | 4,983 | (1,842) | (850) | 630 |
| Net change in cash | 139 | 510 | 317 | (1,604) | 2,594 | 28,745 |
Compare with peers
SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Micron Technology | 38,364 | 54,229* | 43,973* | 1.1B | 10-KSep 3, 2026 |
| Advanced Micro Devices | 7,404 | 13,377 | 1,202* | 1.6B | 10-QSep 26, 2026 |
| Texas Instruments | 4,211 | 6,055 | 3,419* | 913.8M | 10-QSep 30, 2026 |
| Broadcom | 23,975 | 29,591 | 14,197* | 4.8B | 10-QAug 2, 2026 |
| Applied Materials | 7,037 | 9,115 | 3,037* | 793.6M | 10-QJul 26, 2026 |
| Amphenol | 4,173 | 10,230 | 2,079* | 2.5B | 10-QSep 30, 2026 |
| Intel | 21,846 | 16,513 | 5,082* | 5.3B | 10-QSep 26, 2026 |
| Analog Devices | 2,166 | 4,022 | 1,604* | 484.6M | 10-QAug 1, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.