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Micron Technology

MUNASDAQStock Fundamentals

Micron Technology is a global leader in advanced memory and storage solutions, specializing in the design and manufacture of high-performance semiconductor components. The company provides critical infrastructure for the data economy, supporting compute-intensive applications such as artificial intelligence, data centers, and mobile computing. Its core value proposition lies in its proprietary process technology and global manufacturing network that delivers high-density, low-power memory products.

Market Cap$859.45B
Revenue TTM$58.1B
Net Income TTM$24.1B
P/E Ratio35.65
Net Margin41.49%
EPS TTM$21.19
Free Cash Flow TTM$10.3B
Employees43.0K
CEOSanjay Mehrotra
CountryUnited States of America
Technology
Semiconductors
SegmentsSemiconductors, Data Storage, Hardware
Business ModelsHigh-volume manufacturing, Hardware IP licensing, Direct-to-OEM sales
Most Recent EarningsMar 18, 2026 · 2 months 7 days agoQ2 2026
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Next EarningsJun 24, 2026 · in a monthAfter Market Close · Q3 2026

Financials

Based on Q2 2026 filing

Gross Margin58.44%
Op. Margin48.34%
ROE39.82%
D/E18.77%
Current Ratio2.90
Total Debt$13.6B
Cash$13.9B
CapEx TTM$20.4B

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Compute and Networking Business Unit

primary

Provides memory solutions for the data center, client, and graphics markets, focusing on high-performance computing and networking infrastructure.

Products

DRAM, HBM (High Bandwidth Memory), GDDR

Customers

Cloud service providers, Enterprise server manufacturers, PC OEMs, Graphics card manufacturers

Mobile Business Unit

major

Delivers memory and storage products optimized for the smartphone and mobile device markets, emphasizing power efficiency and compact form factors.

Products

LPDRAM, NAND Flash, MCP (Multi-Chip Packages)

Customers

Smartphone manufacturers, Tablet OEMs, Mobile device designers

Storage Business Unit

major

Focuses on solid-state storage solutions for enterprise, cloud, and consumer markets, utilizing proprietary NAND technology.

Products

SSD (Solid State Drives), Crucial SSDs, Component-level NAND

Customers

Data center operators, Consumer electronics retailers, Enterprise storage providers

Embedded Business Unit

moderate

Develops memory and storage solutions for the automotive, industrial, and consumer electronics markets, prioritizing reliability and long lifecycles.

Products

NOR Flash, e.MMC, UFS

Customers

Automotive Tier-1 suppliers, Industrial equipment manufacturers, Smart home device makers

Segment Financials

Other — Remaining award amount

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Business Overview

Competitive Position

Micron is one of the few global manufacturers capable of producing leading-edge DRAM and NAND at scale, maintaining a top-tier position alongside a small group of global semiconductor giants.

Geographies

United States, Singapore, Taiwan, China, Japan

Customer Segments

Enterprise, Consumer Electronics, Automotive, Cloud Infrastructure

Upstream Dependencies

Semiconductor manufacturing equipment providers, Silicon wafer suppliers, Specialty chemical and gas providers, Photomask manufacturers

Downstream Customers

Hyperscale data center operators, Original Equipment Manufacturers (OEMs), Consumer electronics distributors, System integrators

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Micron Technology FAQ

Common questions about Micron Technology

Micron Technology is a global leader in advanced memory and storage solutions, specializing in the design and manufacture of high-performance semiconductor components. The company provides critical infrastructure for the data economy, supporting compute-intensive applications such as artificial intelligence, data centers, and mobile computing. Its core value proposition lies in its proprietary process technology and global manufacturing network that delivers high-density, low-power memory products.

Micron Technology (MU) has a market capitalization of $859.45B and trades on NASDAQ.

Micron Technology generated $58.1B in trailing twelve-month revenue with net income of $24.1B, representing a net margin of 41.5%. Gross margin stands at 58.4%, with free cash flow of $10.3B. These figures are based on the Q1 2026 filing.

Micron Technology's key competitors include Western Digital, Seagate Technology Holdings PLC Ordinary Shares (Ireland), Broadcom Inc. Common Stock, and others. These companies compete in similar markets and product categories.

Micron Technology has approximately 43,000 employees.