Operating

Change in Inventories

Micron Technology Change in Inventories increased by 59.7% to -$150.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.8%, from -$170.00M to -$150.00M. Over 4 years (FY 2021 to FY 2025), Change in Inventories shows an upward trend with a -12.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026Dec 18, 2025

How to read this metric

A decrease is often positive as it signals efficient inventory turnover and cash release, provided it does not lead to stockouts.

Detailed definition

This metric tracks the change in the value of raw materials, work-in-progress, and finished goods held by the company. A...

Peer comparison

Highly dependent on industry; manufacturing and device companies typically maintain higher inventory levels than software firms.

Metric ID: change_in_inventories

Historical Data

19 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$185.00M-$52.00M$344.00M$556.00M$246.00M$1.03B$1.70B$1.20B$510.00M$149.00M-$111.00M$168.00M$68.00M$363.00M-$170.00M$302.00M-$280.00M-$372.00M-$150.00M
QoQ Change+71.9%+761.5%+61.6%-55.8%+319.9%+64.3%-29.3%-57.5%-70.8%-174.5%+251.4%-59.5%+433.8%-146.8%+277.6%-192.7%-32.9%+59.7%
YoY Change+233.0%>999%+393.3%+115.6%+107.3%-85.6%-106.5%-86.0%-86.7%+143.6%-53.2%+79.8%-511.8%-202.5%+11.8%
Range-$372.00M$1.70B
CAGR-4.6%
Avg YoY Growth+135.9%
Median YoY Growth+11.8%

Frequently Asked Questions

What is Micron Technology's change in inventories?
Micron Technology (MU) reported change in inventories of -$150.00M in Q4 2025.
How has Micron Technology's change in inventories changed year-over-year?
Micron Technology's change in inventories increased by 11.8% year-over-year, from -$170.00M to -$150.00M.
What is the long-term trend for Micron Technology's change in inventories?
Over 4 years (2021 to 2025), Micron Technology's change in inventories has grown at a -12.0% compound annual growth rate (CAGR), from -$866.00M to -$520.00M.
What does change in inventories mean?
The change in the value of products and materials held in stock.