NASDAQ · Semiconductors · Fiscal year endsFY ends September

Micron Technology, Inc.

$855.80+22.21 (+2.66%)Today

52-week low $192.59high $1,255.00

31.8% below its 52-week high

Next earningsDec 15, 2026 · after the close

Revenue by fiscal year, $ billions

6.6x over the years shown (FY17–FY26)

Fiscal years · gold is the latest

20.3

FY17

30.4

FY18+50%

23.4

FY19-23%

21.4

FY20-8%

27.7

FY21+29%

30.8

FY22+11%

15.5

FY23-49%

25.1

FY24+62%

37.4

FY25+49%

133

FY26+256%

Ten years, as filed

Income, cash flow and balance sheet

$ billions · gold is the latest

$ billions	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Income
Revenue	20.3	30.4	23.4	21.4	27.7	30.8	15.5	25.1	37.4	133.2
Revenue growth	+64%	+50%	-23%	-8%	+29%	+11%	-49%	+62%	+49%	+256%
Gross margin	41.5%	58.9%	45.7%	30.6%	37.6%	45.2%	-9.1%	22.4%	39.8%	80.7%
Operating income	5.87	14.99	7.38	3.00	6.28	9.70	-5.75	1.30	9.77	99.34
Operating margin	28.9%	49.3%	31.5%	14.0%	22.7%	31.5%	-37.0%	5.2%	26.1%	74.6%
Net income	5.09	14.14	6.31	2.69	5.86	8.69	-5.83	0.78	8.54	84.97
Net margin	25.0%	46.5%	27.0%	12.5%	21.2%	28.2%	-37.5%	3.1%	22.8%	63.8%
Cash flow
Operating cash flow	8.15	17.40	13.19	8.31	12.47	15.18	1.56	8.51	17.53	89.68
Capital expenditure	4.73	8.88	9.78	8.22	10.03	12.07	7.68	8.39	15.86	30.71
Free cash flow (calculated)	3.42	8.52	3.41	0.08	2.44	3.11	-6.12	0.12	1.67	58.96
Share repurchases	0.04^†	0.07	2.73	0.18^†	1.20^†	2.43	0.43	0.30	0.00	0.65
Balance sheet
Cash and equivalents	5.11	6.51	7.15	7.62	7.76	8.26	8.58	7.04	9.64	38.36
Total assets	35.3	43.4	48.9	53.7	58.8	66.3	64.3	69.4	82.8	195.9
Total equity	18.6	32.3	35.9	39.0	43.9	49.9	44.1	45.1	54.2	138.4

Source: Micron Technology, Inc.'s 10-K and 10-Q filings, from SEC EDGAR · fiscal years end in September.

Free cash flow is calculated by The Dispatch: operating cash flow minus capital expenditure.

† Restated: a later filing changed this figure. The newer number is shown.