Micron Technology, Inc. financials

Key figures from Micron Technology, Inc.'s filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricMay 2026May 2025Change
Revenue$41.5B$9.3B+345.7%
Net income$28.2B$1.9B+1398.3%
Free cash flow$17.6B$1.7B+951.0%
Gross margin84.6%37.7%+46.8 pts
Operating margin80.4%23.3%+57.0 pts
Net margin68.1%20.3%+47.9 pts

Quarterly trend

Revenue by quarter
$4.0BAug 2023*$4.7BNov 2023$5.8BFeb 2024$6.8BMay 2024$7.8BAug 2024*$8.7BNov 2024$8.1BFeb 2025$9.3BMay 2025$11.3BAug 2025*$13.6BNov 2025$23.9BFeb 2026$41.5BMay 2026
Net income by quarter
-$1.4BAug 2023*-$1.2BNov 2023$793MFeb 2024$332MMay 2024$887MAug 2024*$1.9BNov 2024$1.6BFeb 2025$1.9BMay 2025$3.2BAug 2025*$5.2BNov 2025$13.8BFeb 2026$28.2BMay 2026
Free cash flow by quarter
-$1.2BAug 2023*-$395MNov 2023-$165MFeb 2024$396MMay 2024$285MAug 2024*$38MNov 2024-$113MFeb 2025$1.7BMay 2025$72MAug 2025*$3.0BNov 2025$5.5BFeb 2026$17.6BMay 2026
Margins by quarter
-55%24%103%Aug 2023*Nov 2023Feb 2024May 2024Aug 2024*Nov 2024Feb 2025May 2025Aug 2025*Nov 2025Feb 2026May 2026-10.8%-0.7%18.5%26.9%35.3%38.4%36.8%37.7%44.7%56.0%74.4%84.6%-36.7%-23.9%3.3%10.6%19.6%25.0%22.0%23.3%32.3%45.0%67.6%80.4%-35.7%-26.1%13.6%4.9%11.4%21.5%19.7%20.3%28.3%38.4%57.8%68.1%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Aug 2025$37.4B$8.5B22.8%$1.7B$7.59
FY Aug 2024$25.1B$778M3.1%$121M$0.70
FY Aug 2023$15.5B-$5.8B-37.5%-$6.1B-$5.34
FY Sep 2022$30.8B$8.7B28.2%$3.1B$7.75
FY Sep 2021$27.7B$5.9B21.2%$2.4B$5.14

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.