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Side-by-side financial comparison of Micron Technology (MU) and TJX Companies (TJX). Click either name above to swap in a different company.
Micron Technology is the larger business by last-quarter revenue ($23.9B vs $17.7B, roughly 1.3× TJX Companies). Micron Technology runs the higher net margin — 57.8% vs 10.0%, a 47.8% gap on every dollar of revenue. On growth, Micron Technology posted the faster year-over-year revenue change (196.3% vs 8.5%). Over the past eight quarters, Micron Technology's revenue compounded faster (75.5% CAGR vs 19.2%).
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.
The TJX Companies, Inc. is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. It was formed as a subsidiary of Zayre Corp. in 1987, and became the legal successor to Zayre Corp. following a company reorganization in 1989.
MU vs TJX — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2027
| Metric | | |
|---|---|---|
| Revenue | $23.9B | $17.7B |
| Net Profit | $13.8B | $1.8B |
| Gross Margin | 74.4% | — |
| Operating Margin | 67.6% | — |
| Net Margin | 57.8% | 10.0% |
| Revenue YoY | 196.3% | 8.5% |
| Net Profit YoY | 770.8% | 26.8% |
| EPS (diluted) | $12.07 | $1.58 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q2 26 | $23.9B | — | ||
| Q1 26 | $23.9B | $17.7B | ||
| Q4 25 | $13.6B | $15.1B | ||
| Q3 25 | $11.3B | $14.4B | ||
| Q2 25 | $9.3B | $13.1B | ||
| Q1 25 | $8.1B | $16.4B | ||
| Q4 24 | $8.7B | $14.1B | ||
| Q3 24 | $7.8B | $13.5B |
| Q2 26 | $13.8B | — | ||
| Q1 26 | $13.8B | $1.8B | ||
| Q4 25 | $5.2B | $1.4B | ||
| Q3 25 | $3.2B | $1.2B | ||
| Q2 25 | $1.9B | $1.0B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.9B | $1.3B | ||
| Q3 24 | — | $1.1B |
| Q2 26 | 74.4% | — | ||
| Q1 26 | 74.4% | — | ||
| Q4 25 | 56.0% | 32.6% | ||
| Q3 25 | 44.7% | 30.7% | ||
| Q2 25 | 37.7% | 29.5% | ||
| Q1 25 | 36.8% | 30.5% | ||
| Q4 24 | 38.4% | 31.6% | ||
| Q3 24 | 35.3% | 30.4% |
| Q2 26 | 67.6% | — | ||
| Q1 26 | 67.6% | — | ||
| Q4 25 | 45.0% | — | ||
| Q3 25 | 32.3% | — | ||
| Q2 25 | 23.3% | — | ||
| Q1 25 | 22.0% | 11.6% | ||
| Q4 24 | 25.0% | 12.3% | ||
| Q3 24 | — | 10.9% |
| Q2 26 | 57.8% | — | ||
| Q1 26 | 57.8% | 10.0% | ||
| Q4 25 | 38.4% | 9.5% | ||
| Q3 25 | 28.3% | 8.6% | ||
| Q2 25 | 20.3% | 7.9% | ||
| Q1 25 | 19.7% | 8.6% | ||
| Q4 24 | 21.5% | 9.2% | ||
| Q3 24 | — | 8.2% |
| Q2 26 | $12.07 | — | ||
| Q1 26 | $12.07 | $1.58 | ||
| Q4 25 | $4.60 | $1.28 | ||
| Q3 25 | $2.83 | $1.10 | ||
| Q2 25 | $1.68 | $0.92 | ||
| Q1 25 | $1.41 | $1.23 | ||
| Q4 24 | $1.67 | $1.14 | ||
| Q3 24 | — | $0.96 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $14.6B | $6.2B |
| Total DebtLower is stronger | $9.6B | $2.9B |
| Stockholders' EquityBook value | $72.5B | $10.2B |
| Total Assets | $101.5B | $35.8B |
| Debt / EquityLower = less leverage | 0.13× | 0.28× |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $14.6B | — | ||
| Q1 26 | $13.9B | $6.2B | ||
| Q4 25 | $9.7B | $4.6B | ||
| Q3 25 | $9.6B | $4.6B | ||
| Q2 25 | $10.2B | $4.3B | ||
| Q1 25 | $7.6B | $5.3B | ||
| Q4 24 | $6.7B | $4.7B | ||
| Q3 24 | $7.0B | $5.3B |
| Q2 26 | $9.6B | — | ||
| Q1 26 | $9.6B | $2.9B | ||
| Q4 25 | $11.2B | — | ||
| Q3 25 | $14.0B | — | ||
| Q2 25 | $15.0B | — | ||
| Q1 25 | $13.9B | — | ||
| Q4 24 | $13.3B | — | ||
| Q3 24 | $13.0B | — |
| Q2 26 | $72.5B | — | ||
| Q1 26 | $72.5B | $10.2B | ||
| Q4 25 | $58.8B | $9.4B | ||
| Q3 25 | $54.2B | $8.9B | ||
| Q2 25 | $50.7B | $8.5B | ||
| Q1 25 | $48.6B | $8.4B | ||
| Q4 24 | $46.8B | $8.2B | ||
| Q3 24 | $45.1B | $7.8B |
| Q2 26 | $101.5B | — | ||
| Q1 26 | $101.5B | $35.8B | ||
| Q4 25 | $86.0B | $35.2B | ||
| Q3 25 | $82.8B | $32.9B | ||
| Q2 25 | $78.4B | $31.9B | ||
| Q1 25 | $73.1B | $31.7B | ||
| Q4 24 | $71.5B | $32.4B | ||
| Q3 24 | $69.4B | $30.6B |
| Q2 26 | 0.13× | — | ||
| Q1 26 | 0.13× | 0.28× | ||
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | 0.30× | — | ||
| Q1 25 | 0.28× | — | ||
| Q4 24 | 0.28× | — | ||
| Q3 24 | 0.29× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $20.3B | $6.9B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 21.0% | — |
| Cash ConversionOCF / Net Profit | 1.47× | 3.88× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $20.3B | — | ||
| Q1 26 | $11.9B | $6.9B | ||
| Q4 25 | $8.4B | $1.5B | ||
| Q3 25 | $17.5B | $1.8B | ||
| Q2 25 | $4.6B | $394.0M | ||
| Q1 25 | $3.9B | $2.7B | ||
| Q4 24 | $3.2B | $1.0B | ||
| Q3 24 | $8.5B | $1.6B |
| Q2 26 | — | — | ||
| Q1 26 | $5.5B | — | ||
| Q4 25 | $3.0B | $1.0B | ||
| Q3 25 | $1.7B | $1.3B | ||
| Q2 25 | $1.7B | $-103.0M | ||
| Q1 25 | $-113.0M | $2.2B | ||
| Q4 24 | $38.0M | $624.0M | ||
| Q3 24 | $121.0M | $1.1B |
| Q2 26 | — | — | ||
| Q1 26 | 23.1% | — | ||
| Q4 25 | 22.2% | 6.6% | ||
| Q3 25 | 14.7% | 9.2% | ||
| Q2 25 | 18.0% | -0.8% | ||
| Q1 25 | -1.4% | 13.4% | ||
| Q4 24 | 0.4% | 4.4% | ||
| Q3 24 | 1.6% | 7.9% |
| Q2 26 | 21.0% | — | ||
| Q1 26 | 26.8% | — | ||
| Q4 25 | 39.5% | 3.5% | ||
| Q3 25 | 140.1% | 3.2% | ||
| Q2 25 | 31.6% | 3.8% | ||
| Q1 25 | 50.4% | 3.1% | ||
| Q4 24 | 36.8% | 3.0% | ||
| Q3 24 | 108.2% | 4.2% |
| Q2 26 | 1.47× | — | ||
| Q1 26 | 0.86× | 3.88× | ||
| Q4 25 | 1.61× | 1.06× | ||
| Q3 25 | 5.47× | 1.44× | ||
| Q2 25 | 2.45× | 0.38× | ||
| Q1 25 | 2.49× | 1.93× | ||
| Q4 24 | 1.73× | 0.81× | ||
| Q3 24 | — | 1.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MU
Segment breakdown not available.
TJX
| Marmaxx | $10.7B | 60% |
| HomeGoods | $3.1B | 17% |
| TJX International | $2.4B | 13% |
| TJX Canada | $1.6B | 9% |
