Micron Technology (MU): financials, SEC filings and peers

Micron Technology (MU) is a semiconductors company in the Information Technology sector of the S&P 500, headquartered in Boise, Idaho.

It was founded in 1978 and joined the S&P 500 on September 27, 1994.

Its fiscal year ends in September, and its shares trade on the Nasdaq.

In its SEC filings it is classified as “Semiconductors & Related Devices”.

Micron Technology at a glance

Revenue (12 months): $90.3B
Revenue growth: +167.0%
Operating margin: 65.6%
Net income (12 months): $50.5B
Free cash flow (12 months): $26.2B
Cash: $25.0B
Debt: $5.7B
Diluted EPS (12 months): $44.18

Twelve months to May 28, 2026, from the 10-Q filed June 25, 2026.

Latest twelve months

Over the twelve months to May 28, 2026, Micron Technology reported revenue of $90.3 billion, up a strong 167.0% from $33.8 billion a year earlier.

Its operating margin was 65.6%, up 43.0 percentage points from a year earlier: for every $100 of sales, about $66 was left as operating profit.

Net income was $50.5 billion (55.9% of revenue), 710.7% higher than a year earlier.

Operating cash flow was $51.4 billion and capital spending $25.3 billion, leaving free cash flow of $26.2 billion (29.0% of revenue). Capital spending equal to 28% of revenue is high; the company is investing heavily.

At the end of the period it held $25.0 billion in cash and $5.7 billion in debt, a net cash position of $19.3 billion.

The diluted share count rose 1.8% in a year, which dilutes existing shareholders.

Five-year trend

Revenue went from $21.4 billion in fiscal 2020 to $37.4 billion in fiscal 2025, about 11.8% a year.
Operating margin widened from 14.0% to 26.1% over the same years.
Free cash flow was negative in 1 of the last 6 fiscal years.
Micron Technology reported a net loss in 1 of the last 6 fiscal years.

Fiscal year	2021	2022	2023	2024	2025
Revenue	$27.7B	$30.8B	$15.5B	$25.1B	$37.4B
Revenue growth	29.3%	11.0%	-49.5%	61.6%	48.9%
Operating margin	22.7%	31.5%	-37.0%	5.2%	26.1%
Net income	$5.9B	$8.7B	−$5.8B	$778M	$8.5B
Free cash flow	$2.4B	$3.1B	−$6.1B	$121M	$1.7B
Diluted EPS	$5.14	$7.75	$-5.34	$0.70	$7.59

Fiscal years as reported in Micron Technology’s 10-K filings. Free cash flow is operating cash flow minus capital spending.

Recent SEC filings

8-K filed August 26, 2026 — Executive or director change
10-Q filed June 25, 2026 — quarterly report
8-K filed June 24, 2026 — Earnings results
8-K filed June 9, 2026 — Executive or director change
8-K filed April 1, 2026 — Other event
8-K filed March 25, 2026 — Other event
10-Q filed March 19, 2026 — quarterly report
8-K filed March 18, 2026 — Earnings results

All Micron Technology filings on SEC EDGAR

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Questions about Micron Technology

Is Micron Technology's revenue growing?

Yes. Revenue for the twelve months to May 28, 2026 was $90.3 billion, up 167.0% from a year earlier, according to its SEC filings.

Is Micron Technology profitable?

Yes. It earned $50.5 billion in net income over the twelve months to May 28, 2026, a net margin of 55.9%.

Does Micron Technology have more cash or more debt?

At May 28, 2026 it had $25.0 billion in cash and $5.7 billion in debt, so more cash than debt.

When did Micron Technology last file financial results?

Its latest quarterly report (10-Q) was filed with the SEC on June 25, 2026.

Which companies are similar to Micron Technology?

In the S&P 500, Micron Technology is grouped in Semiconductors within the Information Technology sector. Analog Devices (ADI), Advanced Micro Devices (AMD), Broadcom (AVGO), First Solar (FSLR), Intel (INTC) are in the same group.

Understand the numbers

Source: Micron Technology’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.