Income StatementBalance SheetCash FlowSegments
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Micron Technology Cash Flow Statement

Operating, investing, and financing cash movements

Micron Technology generated $30.7B in operating cash flow over the trailing twelve months. After $20.4B in capital expenditures, free cash flow was $10.3B. Free cash flow increased 16.0% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$30.7BNet Cash From Investing (TTM)-$17.9BNet Cash From Financing (TTM)-$6.4BCapital Expenditures (TTM)$20.4BDepreciation And Amortization Cf (TTM)$8.7BNet Change In Cash (TTM)$2.5B
Latest FilingQ1 2026
Report Date2026-03-19
Market Cap$846.93B
P/E Ratio35.13
ROE39.82%

Supplemental

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Capital expenditures incurred but not yet paid$80.3M$80.3M$80.3M$80.3M——
Income taxes paid$145.8M$145.8M$145.8M$145.8M——
Interest paid$104.5M$104.5M$104.5M$104.5M——
Capital expenditures incurred but not yet paid$80.3M$80.3M$80.3M$80.3M——
Capital Expenditures Incurred but Not Yet Paid$80.3M$80.3M$80.3M$80.3M——
Income Taxes Paid, Net$145.8M$145.8M$145.8M$145.8M——

Operating

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Goodwill impairment loss$0.0$0.0$0.0$0.0——
Change in accounts payable-$241.0M-$473.0M$752.0M$824.0M$156.0M$772.0M
Change in inventories-$170.0M$302.0M-$280.0M-$372.0M-$150.0M—
Change in other liabilities$132.0M$63.0M-$876.0M—$547.0M$1.6B
Other working capital changes$41.0M-$252.0M$567.0M$0.0$238.0M-$339.0M
Change in receivables$817.0M-$1.2B$461.0M$1.7B$871.0M$7.4B
Depreciation and amortization$2.0B$2.1B$2.1B$2.1B$2.2B$2.3B
Impairment of Goodwill and Content$0.0$0.0$0.0$0.0——
Change in other non-current liabilities$132.0M$63.0M——$547.0M$1.6B
Net cash from operating activities$3.2B$3.9B$4.6B$5.7B$8.4B$11.9B
Net income$1.9B$1.6B$1.9B$3.2B$5.2B$13.8B
Current liabilities-$161.0M-$160.0M-$360.0M—$449.0M$1.0B
Other long-term liabilities$132.0M$63.0M——$547.0M$1.6B
Stock-based compensation$220.0M$249.0M$253.0M$250.0M$290.0M$309.0M

Investing

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Capital expenditures$3.2B$4.1B$2.9B$5.7B$5.4B$6.4B
Payment for (Proceeds from) Other Investing Activity$58.0M$67.0M—$13.0M$96.0M$84.0M
Proceeds From Sale And Maturity Of Available For Sale Securities$428.0M$446.0M$375.0M$449.0M$268.0M$433.0M
Proceeds from government incentives$65.0M$963.0M$266.0M$711.0M$878.0M$1.4B
Net cash from investing activities-$3.1B-$3.2B-$2.6B-$5.2B-$4.6B-$5.5B
Other investing activities$58.0M$67.0M—$13.0M$96.0M$84.0M
Proceeds from maturities/sales of investments$428.0M$446.0M$375.0M$449.0M$268.0M$433.0M
Purchases of investments$377.0M$439.0M$387.0M$687.0M$255.0M$865.0M

Financing

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Proceeds from issuance of debt——$1.7B———
Repayments of debt$84.0M$2.5B$978.0M$1.0B$2.9B$1.7B
Dividends paid$131.0M$130.0M$131.0M$130.0M$134.0M$132.0M
Other, net$0.0$131.0M-$351.0M—-$1.0M$176.0M
Repayment of Long-Term Debt, Long-Term Lease Obligation, and Capital Security$84.0M$2.5B$978.0M$1.0B$2.9B$1.7B
Payment of Deferred Purchase Consideration$0.0$131.0M-$351.0M—-$1.0M$176.0M
Noncontrolling interest transactions and other$0.0$131.0M-$351.0M—-$1.0M$176.0M
Net cash from financing activities-$422.0M—$540.0M-$1.1B-$3.7B-$2.2B
Other financing activities$0.0$131.0M-$351.0M—-$1.0M$176.0M
Noncontrolling Interests Activity and Other$0.0$131.0M-$351.0M—-$1.0M$176.0M
Repurchases of common stock$0.0$0.0——$300.0M$350.0M
Taxes paid for net share settlement$207.0M$45.0M——$367.0M$178.0M

Free Cash Flow

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Free cash flow$38.0M-$113.0M$1.7B$72.0M$3.0B$5.5B

Other

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Effect of exchange rate changes on cash-$29.0M-$20.0M$46.0M$9.0M$14.0M—
Net increase (decrease) in cash-$355.0M$866.0M$2.6B—$86.0M$4.2B
Accrued payables for capital expenditures$80.3M$80.3M$80.3M$80.3M——