Skip to content
Micron Technology logo

Micron Technology

MU

Micron Technology is a global leader in advanced memory and storage solutions, specializing in the design and manufacture of high-performance semiconductor components.

Market cap
$1.06T+674%
Revenue$90.3B+167%
Net income$50.5B+711%
Free cash flow$26.2B+1,291%
EPS (diluted)$44.18+695%
Trailing twelve months · change vs. prior year

Earnings

Next report

Sep 22, 2026 (in 2 months)
Revenue estimate$50.4B
EPS estimate$31.29

Financials

Q3 2026

Income statement

See full
Revenue$41.5B+346%
Gross profit$35.1B+899%
Operating income$33.3B+1,436%
Net income$28.2B+1,398%
EPS (diluted)$24.67+1,368%

Balance sheet

See full
Cash & equivalents$25.0B+146%
Total debt$5.7B-70.4%
Total equity$100.72B+98.5%
Total assets$134.11B+71.1%

Cash flow

See full
Operating cash flow$25.4B+451%
CapEx$7.8B+166%
Free cash flow$17.6B+951%

Valuation & ratios

Valuation

See full
Market cap$1.06T+674%
Enterprise value$1.04T+616%
P/E21×-0.9×
P/S11.7×+7.7×

Profitability

See full
Gross margin72.6%+35.4pp
Operating margin65.6%+43.0pp
Net margin55.9%+37.5pp
FCF margin29%+23.4pp

Returns & leverage

See full
Return on equity66.6%+53.5pp
Debt / equity0.1×-0.3×
Current ratio3.4×+0.7×

Segments

By segment

See full
CMBU$13.8B
CDBU$11.5B
AEBU$4.6B

Competitors

Profile

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.

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.

GeographiesUnited States, Singapore, Taiwan, China, Japan
Customer segmentsEnterprise, Consumer Electronics, Automotive, Cloud Infrastructure
Business modelHigh-volume manufacturing, Hardware IP licensing, Direct-to-OEM sales
SuppliersSemiconductor manufacturing equipment providers, Silicon wafer suppliers, Specialty chemical and gas providers, Photomask manufacturers
CustomersHyperscale data center operators, Original Equipment Manufacturers (OEMs), Consumer electronics distributors, System integrators
Listed1984
Employees43.0K
CEOSanjay Mehrotra
Websitemicron.com
FilingsSEC EDGAR

Questions, answered.

What is Micron Technology's market cap?
Micron Technology (MU) has a market capitalization of $1.06T and trades on NASDAQ.
What is Micron Technology's revenue and profitability?
Micron Technology generated $90.3B in trailing twelve-month revenue with net income of $50.5B, representing a net margin of 55.9%. Gross margin stands at 72.6%, with free cash flow of $26.2B. These figures are based on the Q2 2026 filing.
Who are Micron Technology's competitors?
Micron Technology's key competitors include Western Digital, Monolithic Power Systems, Inc., Applied Materials Inc, and others. These companies compete in similar markets and product categories.
What subsidiaries does Micron Technology have?
Micron Technology's subsidiaries include Crucial.
Where is Micron Technology headquartered?
Micron Technology is headquartered in United States of America and employs approximately 43,000 people. It has been publicly traded since 1984.