Free cash flow
Micron Technology Free cash flow increased by 4097.2% to $3.02B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 7852.6%, from $38.00M to $3.02B. Over 4 years (FY 2021 to FY 2025), Free cash flow shows a downward trend with a -9.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.30B | $1.87B | $673.00M | $1.02B | $1.26B | $164.00M | -$1.51B | -$1.86B | -$1.54B | -$1.21B | -$395.00M | -$165.00M | $396.00M | $285.00M | $38.00M | -$113.00M | $1.67B | $72.00M | $3.02B |
| QoQ Change | — | +43.7% | -64.0% | +51.1% | +23.9% | -87.0% | <-999% | -23.6% | +17.5% | +21.1% | +67.4% | +58.2% | +340.0% | -28.0% | -86.7% | -397.4% | >999% | -95.7% | >999% |
| YoY Change | — | — | — | — | -3.2% | -91.2% | -323.8% | -283.1% | -222.0% | -839.0% | +73.8% | +91.1% | +125.8% | +123.5% | +109.6% | +31.5% | +322.0% | -74.7% | >999% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Micron Technology's free cash flow?
- Micron Technology (MU) reported free cash flow of $3.02B in Q4 2025.
- How has Micron Technology's free cash flow changed year-over-year?
- Micron Technology's free cash flow increased by 7852.6% year-over-year, from $38.00M to $3.02B.
- What is the long-term trend for Micron Technology's free cash flow?
- Over 4 years (2021 to 2025), Micron Technology's free cash flow has grown at a -9.1% compound annual growth rate (CAGR), from $2.44B to $1.67B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.