MICRON TECHNOLOGY INC
MICRON TECHNOLOGY INC
MICRON TECHNOLOGY INC (MU) — SEC Financial Statements & Analysis
MICRON TECHNOLOGY INC (MU) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 | 2023-11-30 | 2023-08-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash And Cash Equivalents At Carrying Value | 24,995 | 13,908 | 9,731 | 9,642 | 10,163 | 7,552 | 6,693 | 7,041 | 7,594 | 8,016 | 8,075 | 8,577 | |||||
Available For Sale Securities Debt Securities Curr… | 1,027 | 681 | 587 | 665 | 648 | 663 | 895 | 1,065 | 785 | 990 | 973 | 1,017 | |||||
Receivables Net Current | 31,025 | 17,314 | 10,184 | 9,265 | 7,436 | 6,504 | 7,423 | 6,615 | 5,131 | 4,296 | 2,943 | 2,443 | |||||
Inventory Net | 8,567 | 8,267 | 8,205 | 8,355 | 8,727 | 9,007 | 8,705 | 8,875 | 8,512 | 8,443 | 8,276 | 8,387 | |||||
Other Assets Current | 1,123 | 1,243 | 958 | 914 | 945 | 963 | 777 | 776 | 1,297 | 1,690 | 791 | 820 | |||||
Assets Current | 66,737 | 41,413 | 29,665 | 28,841 | 27,919 | 24,689 | 24,493 | 24,372 | 23,319 | 23,435 | 21,058 | 21,244 | |||||
Available For Sale Securities Debt Securities Nonc… | 4,106 | 2,038 | 1,697 | 1,629 | 1,402 | 1,375 | 1,156 | 1,046 | 775 | 627 | 720 | 844 | |||||
Property Plant And Equipment And Finance Lease Rig… | - | 51,408 | 48,477 | 46,590 | 44,773 | 42,528 | 41,476 | 39,749 | 37,926 | 37,587 | 37,677 | 37,928 | |||||
Operating Lease Right Of Use Asset | 683 | 684 | 700 | 736 | 628 | 637 | 622 | 645 | 660 | 642 | 648 | 666 | |||||
Intangible Assets Net Excluding Goodwill | 473 | 468 | 465 | 453 | 426 | 423 | 419 | 416 | 413 | 414 | 416 | 404 | |||||
Deferred Income Tax Assets Net | 700 | 680 | 641 | 616 | 483 | 552 | 474 | 520 | 597 | 664 | 781 | 756 | |||||
Goodwill | 1,150 | 1,150 | 1,150 | 1,150 | 1,150 | 1,150 | 1,150 | 1,150 | 1,150 | 1,150 | 1,150 | 1,150 | |||||
Other Assets Noncurrent | 3,837 | 3,668 | 3,176 | 2,783 | 1,616 | 1,699 | 1,671 | 1,518 | 1,415 | 1,199 | 1,326 | 1,262 | |||||
Assets | 134,112 | 101,509 | 85,971 | 82,798 | 78,397 | 73,053 | 71,461 | 69,416 | 66,255 | 65,718 | 63,776 | 64,254 | |||||
Accounts Payable And Accrued Liabilities Current | 15,521 | 10,997 | 9,796 | 9,649 | 8,761 | 6,176 | 7,126 | 7,299 | 5,145 | 4,680 | 3,946 | 3,958 | |||||
Debt Current | 582 | 585 | 569 | 560 | 538 | 504 | 533 | 431 | 398 | 344 | 908 | 278 | |||||
Other Liabilities Current | 3,385 | 2,714 | 1,695 | 1,245 | 836 | 1,197 | 1,356 | 1,518 | 1,297 | 1,235 | 1,108 | 529 | |||||
Liabilities Current | 19,488 | 14,296 | 12,060 | 11,454 | 10,135 | 7,877 | 9,015 | 9,248 | 6,840 | 6,259 | 5,962 | 4,765 | |||||
Long Term Debt And Capital Lease Obligations | 5,140 | 9,557 | 11,187 | 14,017 | 15,003 | 13,851 | 13,252 | 12,966 | 12,860 | 13,378 | 12,597 | 13,052 | |||||
Operating Lease Liability Noncurrent | 654 | 656 | 669 | 701 | 600 | 599 | 588 | 610 | 609 | 593 | 601 | 603 | |||||
Government Assistance Liability Noncurrent | 1,020 | 1,002 | 1,148 | 1,018 | 603 | 836 | 570 | - | - | - | - | - | |||||
Other Liabilities Noncurrent | 7,086 | 3,539 | 2,101 | 1,443 | 1,308 | 1,257 | 1,239 | 911 | 1,049 | 956 | 1,026 | 987 | |||||
Liabilities | 33,388 | 29,050 | 27,165 | 28,633 | 27,649 | 24,420 | 24,664 | 24,285 | 22,030 | 21,848 | 20,891 | 20,134 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 128 | 127 | 127 | 127 | 126 | 126 | 126 | 125 | 125 | 125 | 124 | 124 | |||||
Additional Paid In Capital Common Stock | 14,442 | 14,092 | 13,610 | 13,339 | 12,960 | 12,711 | 12,317 | 12,115 | 11,794 | 11,564 | 11,217 | 11,036 | |||||
Retained Earnings Accumulated Deficit | 94,682 | 66,824 | 53,344 | 48,583 | 45,559 | 43,839 | 42,427 | 40,877 | 40,169 | 39,997 | 39,356 | 40,824 | |||||
Treasury Stock Common Value | -8,502 | -8,502 | -8,152 | -7,852 | -7,852 | -7,852 | -7,852 | -7,852 | -7,552 | -7,552 | -7,552 | -7,552 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -26 | -82 | -123 | -32 | -45 | -191 | -221 | -134 | -311 | -264 | -260 | -312 | |||||
Stockholders Equity | 100,724 | 72,459 | 58,806 | 54,165 | 50,748 | 48,633 | 46,797 | 45,131 | 44,225 | 43,870 | 42,885 | 44,120 | |||||
Liabilities And Stockholders Equity | 134,112 | 101,509 | 85,971 | 82,798 | 78,397 | 73,053 | 71,461 | 69,416 | 66,255 | 65,718 | 63,776 | 64,254 | |||||
Common Stock Par Or Stated Value Per Share | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |||||
Common Stock Shares Authorized | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |||||
Common Stock Shares Issued | 1,275 | 1,274 | 1,271 | 1,266 | 1,263 | 1,262 | 1,258 | 1,253 | 1,250 | 1,248 | 1,245 | 1,239 | |||||
Shares Outstanding | 1,129 | 1,128 | 1,126 | 1,122 | 1,119 | 1,118 | 1,114 | 1,109 | 1,109 | 1,107 | 1,104 | 1,098 | |||||
Treasury Stock Common Shares | 146 | 146 | 145 | 144 | 144 | 144 | 144 | 144 | 141 | 141 | 141 | 141 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 38.90% | 58.86% | 49.04% | -5.29% | 68.17% | 94.56% | - | - | - | - | - | - |
| 2025 | 14.21% | 6.12% | 6.88% | -26.48% | -9.24% | 14.76% | -9.13% | -3.98% | 24.90% | 16.61% | 10.40% | 41.57% |
| 2024 | -3.49% | 0.23% | 14.36% | 11.64% | 10.48% | 19.31% | -13.51% | -18.26% | -30.95% | 5.65% | 0.49% | -11.76% |
| 2023 | - | - | - | - | - | - | 2.24% | -0.96% | 8.83% | -6.16% | 9.88% | 23.63% |
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Performance and Valuation Metrics
Metrics | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 | 2023-11-30 | 2023-08-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 3.42 | 2.90 | 2.46 | 2.52 | 2.75 | 3.13 | 2.72 | 2.64 | 3.41 | 3.74 | 3.53 | 4.46 | |||||
| Quick Ratio | 2.98 | 2.32 | 1.78 | 1.79 | 1.89 | 1.99 | 1.75 | 1.68 | 2.16 | 2.40 | 2.14 | 2.70 | |||||
| Working Capital | 47.25B | 27.12B | 17.61B | 17.39B | 17.78B | 16.81B | 15.48B | 15.12B | 16.48B | 17.18B | 15.10B | 16.48B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.33 | 0.40 | 0.46 | 0.53 | 0.54 | 0.50 | 0.53 | 0.54 | 0.50 | 0.50 | 0.49 | 0.46 | |||||
| Interest Coverage TTM | - | - | - | - | - | 41.25 | 15.67 | 3.06 | -3.05 | -7.96 | -14.21 | -14.81 | |||||
| Debt Ratio | 0.25 | 0.29 | 0.32 | 0.35 | 0.35 | 0.33 | 0.35 | 0.35 | 0.33 | 0.33 | 0.33 | 0.31 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.85 | 0.67 | 0.54 | 0.49 | 0.47 | 0.45 | 0.43 | 0.38 | 0.32 | 0.28 | 0.25 | 0.24 | |||||
| Days Sales Outstanding TTM | 77.75 | 74.79 | 75.94 | 77.53 | 67.83 | 62.93 | 65.02 | 65.83 | 64.56 | 65.52 | 70.62 | 88.94 | |||||
| Receivables Turnover TTM | 4.69 | 4.88 | 4.81 | 4.71 | 5.38 | 5.80 | 5.61 | 5.54 | 5.65 | 5.57 | 5.17 | 4.10 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 44.08 | 21.11 | 10.46 | 7.59 | 5.53 | 4.16 | 3.46 | 0.70 | -1.37 | -3.38 | -6.25 | -5.34 | |||||
| Free Cash Flow Per Share TTM | 23.20 | 9.13 | 4.14 | 1.49 | 1.68 | 0.54 | 0.50 | 0.11 | -1.24 | -3.00 | -4.55 | -5.60 | |||||
| Dividend Per Share TTM | 0.50 | 0.47 | 0.47 | 0.47 | 0.47 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 72.57% | 58.44% | 45.31% | 39.79% | 37.13% | 34.73% | 30.92% | 22.35% | 11.42% | -0.32% | -14.49% | -9.11% | |||||
| Operating Profit Margin TTM | 65.63% | 48.34% | 32.45% | 26.14% | 22.59% | 19.76% | 15.83% | 5.19% | -7.91% | -22.77% | -41.18% | -36.97% | |||||
| Net Profit Margin TTM | 55.91% | 41.49% | 28.15% | 22.84% | 18.41% | 14.92% | 13.34% | 3.10% | -7.20% | -20.57% | -42.47% | -37.54% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 166.98% | 85.55% | 45.43% | 48.85% | 58.22% | 71.05% | 79.80% | 61.59% | 17.60% | -20.60% | -40.41% | -49.48% | |||||
| Net Income Growth (1Y) | 710.75% | 416.07% | 206.77% | 997.56% | -504.48% | -224.02% | -156.49% | -113.34% | -47.13% | -333.83% | -211.09% | -167.15% | |||||
| EPS Growth (1Y) | 703.56% | 411.03% | 202.96% | 986.74% | -500.50% | -222.80% | -155.93% | -113.19% | -47.75% | -331.08% | -210.08% | -168.31% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 21.70 | 19.25 | 22.32 | 15.53 | 16.92 | 22.26 | 27.89 | 135.86 | -89.29 | -26.34 | -12.07 | -12.96 | |||||
| P/B | 10.87 | 6.41 | 4.52 | 2.45 | 2.08 | 2.14 | 2.31 | 2.34 | 3.11 | 2.26 | 1.93 | 1.71 | |||||
| P/S TTM | 12.13 | 7.99 | 6.28 | 3.55 | 3.12 | 3.32 | 3.72 | 4.21 | 6.43 | 5.42 | 5.13 | 4.87 | |||||
| Market Cap | 1,095.29B | 464.13B | 265.82B | 132.62B | 105.35B | 104.01B | 108.28B | 105.70B | 137.41B | 99.24B | 82.96B | 75.61B | |||||
| Enterprise Value | 1,071.50B | 451.44B | 257.33B | 124.24B | 96.32B | 97.55B | 102.70B | 99.69B | 130.75B | 92.08B | 76.32B | 67.84B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 26.17B | 10.28B | 4.65B | 1.67B | 1.88B | 606.00M | 554.00M | 121.00M | -1.38B | -3.31B | -5.01B | -6.12B | |||||
| Net Debt | -19.88B | -4.38B | 1.46B | 4.37B | 4.83B | 6.29B | 6.56B | 5.91B | 5.20B | 5.28B | 4.45B | 4.40B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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