Current Assets

Total Current Assets

Micron Technology Total Current Assets increased by 39.6% to $41.41B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 67.7%, from $24.69B to $41.41B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 9.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ2 2026Mar 19, 2026

How to read this metric

Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.

Detailed definition

The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...

Peer comparison

Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.

Metric ID: total_current_assets

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$18.56B$19.91B$20.19B$21.50B$22.71B$21.78B$22.92B$21.90B$21.73B$21.24B$21.06B$23.44B$23.32B$24.37B$24.49B$24.69B$27.92B$28.84B$29.67B$41.41B
QoQ Change+7.3%+1.4%+6.5%+5.6%-4.1%+5.2%-4.5%-0.7%-2.3%-0.9%+11.3%-0.5%+4.5%+0.5%+0.8%+13.1%+3.3%+2.9%+39.6%
YoY Change+22.3%+9.4%+13.5%+1.8%-4.3%-2.5%-8.1%+7.0%+7.3%+14.7%+16.3%+5.4%+19.7%+18.3%+21.1%+67.7%
Range$18.56B$41.41B
CAGR+18.4%
Avg YoY Growth+13.1%
Median YoY Growth+11.5%
Current Streak7 quarters growth

Frequently Asked Questions

What is Micron Technology's total current assets?
Micron Technology (MU) reported total current assets of $41.41B in Q1 2026.
How has Micron Technology's total current assets changed year-over-year?
Micron Technology's total current assets increased by 67.7% year-over-year, from $24.69B to $41.41B.
What is the long-term trend for Micron Technology's total current assets?
Over 5 years (2020 to 2025), Micron Technology's total current assets has grown at a 9.9% compound annual growth rate (CAGR), from $17.97B to $28.84B.
What does total current assets mean?
The total value of all assets that can be turned into cash within one year.