Micron TechnologyMUEarnings & Financial Report
Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and solid-state drives (SSDs). It is headquartered in Boise, Idaho.
MU Q1 2026 Key Financial Metrics
Revenue
$13.6B
Gross Profit
$7.6B
Operating Profit
$6.1B
Net Profit
$5.2B
Gross Margin
56.0%
Operating Margin
45.0%
Net Margin
38.4%
YoY Growth
56.7%
EPS
$4.60
Financial Flow
Micron Technology Q1 2026 Financial Summary
Micron Technology reported revenue of $13.6B for Q1 2026, with a net profit of $5.2B (38.4% margin). Cost of goods sold was $6.0B, operating expenses totaled $1.5B.
Key Financial Metrics
| Total Revenue | $13.6B |
|---|---|
| Net Profit | $5.2B |
| Gross Margin | 56.0% |
| Operating Margin | 45.0% |
| Report Period | Q1 2026 |
Micron Technology Annual Revenue by Year
Micron Technology annual revenue history includes year-by-year totals (for example, 2025 revenue was $37.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $37.4B |
| 2024 | $25.1B |
| 2023 | $15.5B |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.82B | $6.81B | $7.75B | $8.71B | $8.05B | $9.30B | $11.31B | $13.64B |
| YoY Growth | 57.7% | 81.5% | 93.3% | 84.3% | 38.3% | 36.6% | 46.0% | 56.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $65.72B | $66.25B | $69.42B | $71.46B | $73.05B | $78.40B | $82.80B | $85.97B |
| Liabilities | $21.85B | $22.03B | $24.29B | $24.66B | $24.42B | $27.65B | $28.63B | $27.16B |
| Equity | $43.87B | $44.23B | $45.13B | $46.80B | $48.63B | $50.75B | $54.16B | $58.81B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.22B | $2.48B | $3.40B | $3.24B | $3.94B | $4.61B | $5.73B | $8.41B |
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