Micron Technology (MU) financials
Micron Technology revenue and earnings by year
Micron Technology's revenue was $133 billion in the fiscal year to September 3, 2026, up 256.3% from the year before. Net income was $85.0 billion, 63.8% of revenue. Since the fiscal year to August 31, 2017, revenue has grown 23.2% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Sep 2026 | Aug 2025 | Aug 2024 | Aug 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Aug 2019 | Aug 2018 | Aug 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 133.2 | 37.4 | 25.1 | 15.5 | 30.8 | 27.7 | 21.4 | 23.4 | 30.4 | 20.3 |
| Revenue growth | 256.3% | 48.9% | 61.6% | -49.5% | 11.0% | 29.3% | -8.4% | -23.0% | 49.5% | — |
| Gross profit | 107.5 | 14.9 | 5.6 | -1.4 | 13.9 | 10.4 | 6.6 | 10.7 | 17.9 | 8.4 |
| Gross margin | 80.7% | 39.8% | 22.4% | -9.1% | 45.2% | 37.6% | 30.6% | 45.7% | 58.9% | 41.5% |
| Operating income | 99.3 | 9.8 | 1.3 | -5.7 | 9.7 | 6.3 | 3.0 | 7.4 | 15.0 | 5.9 |
| Operating margin | 74.6% | 26.1% | 5.2% | -37.0% | 31.5% | 22.7% | 14.0% | 31.5% | 49.3% | 28.9% |
| Net income | 85.0 | 8.5 | 0.8 | -5.8 | 8.7 | 5.9 | 2.7 | 6.3 | 14.1 | 5.1 |
| Net margin | 63.8% | 22.8% | 3.1% | -37.5% | 28.2% | 21.2% | 12.5% | 27.0% | 46.5% | 25.0% |
| Diluted EPS | $74.33 | $7.59 | $0.70 | -$5.34 | $7.75 | $5.14 | $2.37 | $5.46 | $11.52 | $4.32 |
| Free cash flow | 59.0 | 1.7 | 0.1 | -6.1 | 3.1 | 2.4 | 0.1 | 3.4 | 8.5 | 3.4 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open MU in Markets.
See also: MU valuation and P/E history · MU returns
No forecast, no recommendation. This page describes Micron Technology from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.