Micron Technology, Inc. (MU) income statement
NASDAQ · Technology · Semiconductors · 61,000 employees · CEO Sanjay Mehrotra
- Price
- $884.74 -5.30%
- Market cap
- $1T
- Enterprise value
- $968B
- Last report
- Q4 '26 filed 2026-10-09
- Next report
- 2026-12-23 EPS est. $38.20
Micron Technology, Inc. (MU) reported revenue of $54.2B for Q4 '26 (+379.3% year on year), operating income of $43.8B (80.7% of revenue) and net income of $37.7B. Over the last four quarters revenue was $133B.
Income statement
| Income statement | Trend | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.73B | $5.82B | $6.81B | $7.75B | $8.71B | $8.05B | $9.3B | $11.3B | $13.6B | $23.9B | $41.5B | $54.2B | |
| Cost of revenue | $4.76B | $4.75B | $4.98B | $5.01B | $5.36B | $5.09B | $5.79B | $6.26B | $6B | $6.11B | $6.4B | $7.18B | |
| Gross profit | -$35M | $1.08B | $1.83B | $2.74B | $3.35B | $2.96B | $3.51B | $5.05B | $7.65B | $17.8B | $35.1B | $47B | |
| Research & development | $865M | $832M | $850M | $903M | $906M | $898M | $965M | $1.03B | $1.17B | $1.25B | $1.32B | $1.91B | |
| Sales & marketing | $0 | $228M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $0 | $52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other operating expenses | -$35M | -$224M | -$28M | $17M | -$20M | $7M | $56M | -$43M | $2M | $26M | $15M | $524M | |
| Operating expenses | $1.09B | $888M | $1.11B | $1.22B | $1.17B | $1.19B | $1.34B | $1.3B | $1.51B | $1.62B | $1.74B | $3.3B | |
| Operating income | -$1.13B | $191M | $719M | $1.52B | $2.17B | $1.77B | $2.17B | $3.75B | $6.14B | $16.1B | $33.3B | $43.8B | |
| Interest income | $132M | $130M | $136M | $131M | $107M | $108M | $135M | $146M | $139M | $155M | $215M | $575M | |
| Interest expense | $132M | $144M | $150M | $136M | $118M | $112M | $123M | $124M | $74M | $32M | $0 | $0 | |
| Other non-operating income (gains on investments, FX ...) | -$99M | -$124M | $38M | -$5M | -$97M | -$99M | -$67M | -$7M | $1M | -$57M | $106M | -$50M | |
| Total non-operating income | -$33M | -$20M | -$10M | -$12M | -$21M | -$13M | -$56M | -$117M | -$67M | $21M | -$97M | $533M | |
| Income before tax | -$1.16B | $171M | $709M | $1.51B | $2.15B | $1.76B | $2.11B | $3.64B | $6.07B | $16.2B | $33.2B | $44.3B | |
| Income tax | $73M | -$622M | $377M | $623M | $283M | $177M | $235M | $429M | $829M | $2.37B | $4.98B | $6.58B | |
| Net income | -$1.23B | $793M | $332M | $887M | $1.87B | $1.58B | $1.89B | $3.2B | $5.24B | $13.8B | $28.2B | $37.7B | |
| EPS (basic) | -$1.12 | $0.72 | $0.30 | $0.80 | $1.68 | $1.42 | $1.69 | $2.86 | $4.66 | $12.25 | $25.04 | $33.36 | |
| EPS (diluted) | -$1.12 | $0.71 | $0.30 | $0.79 | $1.67 | $1.41 | $1.68 | $2.83 | $4.60 | $12.08 | $24.67 | $32.87 | |
| Shares (basic, weighted) | 1.1B | 1.1B | 1.11B | 1.11B | 1.11B | 1.12B | 1.12B | 1.12B | 1.13B | 1.13B | 1.13B | 1.13B | |
| Shares (diluted, weighted) | 1.1B | 1.11B | 1.12B | 1.13B | 1.12B | 1.12B | 1.13B | 1.13B | 1.14B | 1.14B | 1.15B | 1.15B | |
| Depreciation & amortization | $1.92B | $1.92B | $1.96B | $1.99B | $2.03B | $2.08B | $2.09B | $2.15B | $2.21B | $2.29B | $2.36B | $2.64B | |
| EBITDA | $886M | $2.24B | $2.64B | $3.51B | $4.3B | $3.95B | $4.33B | $5.91B | $8.35B | $18.5B | $35.6B | $46.4B |
| Income statement | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.3B | $30.4B | $23.4B | $21.4B | $27.7B | $30.8B | $15.5B | $25.1B | $37.4B | $133B | |
| Cost of revenue | $11.9B | $12.5B | $12.7B | $14.9B | $17.3B | $16.9B | $17B | $19.5B | $22.5B | $25.7B | |
| Gross profit | $8.44B | $17.9B | $10.7B | $6.55B | $10.4B | $13.9B | -$1.42B | $5.61B | $14.9B | $108B | |
| Research & development | $2.04B | $2.34B | $2.44B | $2.6B | $2.66B | $3.12B | $3.11B | $3.43B | $3.8B | $5.65B | |
| Other operating expenses | -$199M | -$258M | $49M | $68M | $632M | $14M | $295M | -$250M | $0 | $567M | |
| Operating expenses | $2.57B | $2.9B | $3.33B | $3.55B | $4.19B | $4.2B | $4.33B | $4.31B | $5B | $8.16B | |
| Operating income | $5.87B | $15B | $7.38B | $3B | $6.28B | $9.7B | -$5.75B | $1.3B | $9.87B | $99.3B | |
| Interest income | $41M | $120M | $205M | $114M | $37M | $96M | $468M | $529M | $496M | $1.08B | |
| Interest expense | $601M | $342M | $128M | $194M | $183M | $189M | $388M | $562M | $477M | $106M | |
| Other non-operating income (gains on investments, FX ...) | -$9M | $68M | -$14M | -$57M | -$513M | -$7M | -$286M | $58M | -$270M | $0 | |
| Total non-operating income | -$664M | -$688M | -$325M | -$13M | -$28M | -$127M | $89M | -$75M | -$207M | $390M | |
| Income before tax | $5.2B | $14.3B | $7.05B | $2.99B | $6.26B | $9.58B | -$5.66B | $1.23B | $9.66B | $99.7B | |
| Income tax | $114M | $168M | $693M | $280M | $394M | $888M | $177M | $451M | $1.12B | $14.8B | |
| Net income | $5.09B | $14.1B | $6.31B | $2.69B | $5.86B | $8.69B | -$5.83B | $778M | $8.54B | $85B | |
| EPS (basic) | $4.67 | $11.51 | $5.67 | $2.42 | $5.23 | $7.81 | -$5.34 | $0.70 | $7.65 | $75.38 | |
| EPS (diluted) | $4.41 | $11.50 | $5.52 | $2.37 | $5.14 | $7.74 | -$5.34 | $0.70 | $7.59 | $74.33 | |
| Shares (basic, weighted) | 1.09B | 1.23B | 1.11B | 1.11B | 1.12B | 1.11B | 1.09B | 1.11B | 1.12B | 1.13B | |
| Shares (diluted, weighted) | 1.15B | 1.23B | 1.14B | 1.13B | 1.14B | 1.12B | 1.09B | 1.12B | 1.13B | 1.14B | |
| Depreciation & amortization | $3.86B | $4.76B | $5.42B | $5.65B | $6.21B | $7.12B | $7.76B | $7.78B | $8.35B | $9.5B | |
| EBITDA | $9.74B | $19.7B | $12.8B | $8.71B | $13B | $16.8B | $2.3B | $9.03B | $18.5B | $109B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-K 2026-09-03, 10-Q 2026-05-28, 10-Q 2026-02-26, 10-Q 2025-11-27, 10-K 2025-08-28, 10-Q 2025-05-29, 10-Q 2025-02-27, 10-Q 2024-11-28, 10-K 2024-08-29
Data as of 2026-11-01