Micron Technology, Inc. logo

Micron Technology, Inc.

MU

NASDAQTechnologySemiconductors

Previous close

$966.78

−$7.55 · -0.77%

Aug 21, 4:00 PM ET

MU company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

84

Deep Value

Momentum

59

Neutral

Sentiment

63

Bullish

Risk resilience

43

Elevated Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Micron Technology, Inc. is a global leader specializing in the development, manufacture, and sale of advanced semiconductor memory and storage solutions. Its operations are structured across four primary business segments: Compute and Networking, Mobile, Storage, and Embedded. The company's product portfolio encompasses a range of memory and data storage technologies. These include high-speed, low-latency Dynamic Random Access Memory (DRAM) components for rapid data retrieval; non-volatile, re-programmable NAND flash storage devices; and fast-read, non-volatile, re-writable NOR memory chips. These innovative solutions are offered under its well-known Micron and Crucial brands, as well as through private label partnerships. Micron's extensive offerings cater to a diverse array of markets and applications. This includes critical infrastructure like cloud servers and enterprise data centers, personal computing (client and graphics), mobile devices such as smartphones, networking equipment, automotive systems, industrial applications, and various consumer electronics. The company utilizes a multi-faceted approach to market its products, employing a direct sales force, independent sales representatives, and a network of distributors and retailers. Additionally, it leverages a web-based direct sales channel and collaborates with various channel and distribution partners. Founded in 1978, Micron Technology, Inc. is headquartered in Boise, Idaho.

Industry
Semiconductors
Sector
Technology
Headquarters
US
CEO
Sanjay Mehrotra
Listed since
Jun 1, 1984
Employees
53,000

Market position

Day range

Current $966.78

52-week range

Current $966.78

Open
$989.68
Previous close
$974.33
Volume
21.82M
0.46× average
Average volume
47.81M
Average daily volume
Market cap
1.09T USD
Beta
2.21
Market reference 1
50-day average
$964.59
+0.23% above average
200-day average
$571.1
+69.28% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
141.79B USD
P/E (TTM)
21.58×
P/B (TTM)
10.83×
P/S (TTM)
12.1×
EV / EBITDA
7.67×
Earnings yield
6.27%
Free cash flow yield
1.23%
Dividend yield
0.05%

Profitability & efficiency

Gross margin
72.57%
Operating margin
65.74%
Net margin
55.91%
Return on equity
15.76%
Return on assets
10.31%
Return on invested capital
12.12%

Financial health

Debt / equity
0.06×
Current ratio
2.52×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends53%20%-13%-46%Gross margin, FY2021: 37.62%Gross margin, FY2022: 45.18%Gross margin, FY2023: -9.11%Gross margin, FY2024: 22.35%Gross margin, FY2025: 39.79%Operating margin, FY2021: 22.68%Operating margin, FY2022: 31.54%Operating margin, FY2023: -36.97%Operating margin, FY2024: 5.19%Operating margin, FY2025: 26.41%Net margin, FY2021: 21.16%Net margin, FY2022: 28.24%Net margin, FY2023: -37.54%Net margin, FY2024: 3.10%Net margin, FY2025: 22.84%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 37.62%. Gross margin FY2022 45.18%. Gross margin FY2023 -9.11%. Gross margin FY2024 22.35%. Gross margin FY2025 39.79%. Operating margin FY2021 22.68%. Operating margin FY2022 31.54%. Operating margin FY2023 -36.97%. Operating margin FY2024 5.19%. Operating margin FY2025 26.41%. Net margin FY2021 21.16%. Net margin FY2022 28.24%. Net margin FY2023 -37.54%. Net margin FY2024 3.10%. Net margin FY2025 22.84%.

Income trends

Revenue

37.38B USD+48.85%

Operating income

9.87B USD+656.90%

Net income

8.54B USD+997.56%
Income trends across reported periods41.7B USD24.41B USD7.13B USD−10.15B USDRevenue, FY2021: 27.71B USDRevenue, FY2022: 30.76B USDRevenue, FY2023: 15.54B USDRevenue, FY2024: 25.11B USDRevenue, FY2025: 37.38B USDOperating income, FY2021: 6.28B USDOperating income, FY2022: 9.7B USDOperating income, FY2023: −5.75B USDOperating income, FY2024: 1.3B USDOperating income, FY2025: 9.87B USDNet income, FY2021: 5.86B USDNet income, FY2022: 8.69B USDNet income, FY2023: −5.83B USDNet income, FY2024: 778M USDNet income, FY2025: 8.54B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 27.71B USD. Revenue FY2022 30.76B USD. Revenue FY2023 15.54B USD. Revenue FY2024 25.11B USD. Revenue FY2025 37.38B USD. Operating income FY2021 6.28B USD. Operating income FY2022 9.7B USD. Operating income FY2023 −5.75B USD. Operating income FY2024 1.3B USD. Operating income FY2025 9.87B USD. Net income FY2021 5.86B USD. Net income FY2022 8.69B USD. Net income FY2023 −5.83B USD. Net income FY2024 778M USD. Net income FY2025 8.54B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue37.38B USD25.11B USD15.54B USD30.76B USD27.71B USD
Cost of goods sold22.51B USD19.5B USD16.96B USD16.86B USD17.28B USD
Gross profit14.87B USD5.61B USD−1.42B USD13.9B USD10.42B USD
Research and development3.8B USD3.43B USD3.11B USD3.12B USD2.66B USD
Selling, general, and administrative1.21B USD1.13B USD920M USD1.07B USD894M USD
Operating expenses5B USD4.31B USD4.33B USD4.2B USD4.19B USD
Interest income496M USD529M USD468M USD96M USD37M USD
Interest expense477M USD562M USD388M USD189M USD183M USD
Depreciation and amortization8.35B USD7.7B USD7.67B USD7.03B USD6.13B USD
Operating income9.87B USD1.3B USD−5.75B USD9.7B USD6.28B USD
Net income8.54B USD778M USD−5.83B USD8.69B USD5.86B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+37.69%
11 comparable reports
Latest EPS result
25.11
Estimate 20.98 · Beat by 19.69%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates33.6722.8512.031.22Q4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Dec 18, 2024: actual 1.79, estimate 1.75, surprise +2.29%, Beat. Q1 2025, reported Mar 20, 2025: actual 1.56, estimate 1.43, surprise +9.09%, Beat. Q2 2025, reported Jun 25, 2025: actual 1.91, estimate 1.6, surprise +19.37%, Beat. Q3 2025, reported Sep 23, 2025: actual 3.03, estimate 2.86, surprise +5.94%, Beat. Q4 2025, reported Dec 17, 2025: actual 4.78, estimate 3.96, surprise +20.71%, Beat. Q1 2026, reported Mar 18, 2026: actual 12.2, estimate 9.19, surprise +32.75%, Beat. Q2 2026, reported Jun 24, 2026: actual 25.11, estimate 20.98, surprise +19.69%, Beat. Q3 2026, reported Sep 22, 2026: actual —, estimate 31.28, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates53.81B38.11B22.41B6.71BQ4 '24MissQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Dec 18, 2024: actual 8.71B USD, estimate 8.71B USD, surprise -0.06%, Miss. Q1 2025, reported Mar 20, 2025: actual 8.05B USD, estimate 7.9B USD, surprise +1.97%, Beat. Q2 2025, reported Jun 25, 2025: actual 9.3B USD, estimate 8.86B USD, surprise +4.94%, Beat. Q3 2025, reported Sep 23, 2025: actual 11.32B USD, estimate 11.22B USD, surprise +0.87%, Beat. Q4 2025, reported Dec 17, 2025: actual 13.64B USD, estimate 12.91B USD, surprise +5.70%, Beat. Q1 2026, reported Mar 18, 2026: actual 23.86B USD, estimate 19.97B USD, surprise +19.50%, Beat. Q2 2026, reported Jun 24, 2026: actual 41.46B USD, estimate 35.91B USD, surprise +15.44%, Beat. Q3 2026, reported Sep 22, 2026: actual —, estimate 50.41B USD, surprise —, Comparison unavailable.

MU news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.46

2025 complete year+360.0% since 1995

2026 partial: $0.30

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 6, 2026

$0.15

Quarterly

Record Jul 6, 2026 · Payment Jul 21, 2026

Dividend

Ex-dividend Mar 30, 2026

$0.15

Quarterly

Record Mar 30, 2026 · Payment Apr 15, 2026

Dividend

Ex-dividend Dec 29, 2025

$0.115

Irregular

Record Dec 29, 2025 · Payment Jan 14, 2026

Dividend

Ex-dividend Oct 3, 2025

$0.115

Quarterly

Record Oct 3, 2025 · Payment Oct 21, 2025

Dividend

Ex-dividend Jul 7, 2025

$0.115

Quarterly

Record Jul 7, 2025 · Payment Jul 22, 2025

Dividend

Ex-dividend Mar 31, 2025

$0.115

Quarterly

Record Mar 31, 2025 · Payment Apr 15, 2025

MU peers

ETFs holding MU

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research MU

research.disclaimer