Income StatementBalance SheetCash FlowSegments
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Micron Technology Income Statement

Revenue, expenses, and profitability over time

Micron Technology generated $58.1B in trailing twelve-month revenue, up 0.9% year-over-year. Net income was $24.1B with a 41.49% net margin. Gross margin stands at 58.44% and operating margin at 48.34%. Diluted EPS is $21.19, which grew 4.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$58.1BGross Profit (TTM)$34.0BOperating Income (TTM)$28.1BNet Income (TTM)$24.1BEps Diluted (TTM)$21.19
Latest FilingQ1 2026
Report Date2026-03-19
Market Cap$846.93B
P/E Ratio35.13
ROE39.82%

Operating Expenses

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Other Operating Expense, Net$2.0M-$7.0M-$56.0M$0.0-$2.0M-$26.0M
Other operating income (expense), net$2.0M-$7.0M-$56.0M$0.0-$2.0M-$26.0M
Other operating expenses$2.0M-$7.0M-$56.0M$0.0-$2.0M-$26.0M
Research and development$888.0M$898.0M$965.0M$1.0B$1.2B$1.3B
Selling, general and administrative$288.0M$285.0M$318.0M$314.0M$337.0M$344.0M

Operating Income

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Other Operating Income$2.0M-$7.0M-$56.0M$0.0-$2.0M-$26.0M
Other operating income (expense), net$2.0M-$7.0M-$56.0M$0.0-$2.0M-$26.0M
Gross profit$3.3B$3.0B$3.5B$5.1B$7.6B$17.8B
Operating income$2.2B$1.8B$2.2B$3.7B$6.1B$16.1B

Earnings Per Share

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Basic earnings per share$1.68$1.42$1.69$2.86$4.66$12.25
Diluted earnings per share$1.67$1.41$1.68$2.84$4.60$12.07
Weighted-average shares, basic1.1B1.1B1.1B2M1.1B1.1B
Weighted-average shares, diluted1.1B1.1B1.1B2M1.1B1.1B

Other Income & Expense

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Net Interest and Investment Income (Loss)$107.0M$108.0M$135.0M$146.0M$139.0M$155.0M
Other Charges-$11.0M-$11.0M-$68.0M-$45.0M-$140.0M-$98.0M
Interest expense$118.0M$112.0M$123.0M$124.0M$74.0M$32.0M
Interest income$107.0M$108.0M$135.0M$146.0M$139.0M$155.0M
Investment income, net$107.0M$108.0M$135.0M$146.0M$139.0M$155.0M
Other income (expense), net-$11.0M-$11.0M-$68.0M-$45.0M-$140.0M-$98.0M

Income Before Tax

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Income before income taxes$2.2B$1.8B$2.1B$3.6B$6.1B$16.2B

Tax

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Income tax expense$283.0M$177.0M$235.0M$429.0M$829.0M$2.4B

Net Income

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Net income$1.9B$1.6B$1.9B$3.2B$5.2B$13.8B

Other

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Net interest and investment income (loss)$107.0M$108.0M$135.0M$146.0M$139.0M$155.0M
Other income, net (Note 6)-$11.0M-$11.0M-$68.0M-$45.0M-$140.0M-$98.0M
Other income, net$2.0M-$7.0M-$56.0M$0.0-$2.0M-$26.0M
Revenue From Contract With Customer Excluding Assessed Tax$8.7B$8.1B$9.3B$11.3B$13.6B$23.9B

Cost of Revenue

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Total cost of revenue$5.4B$5.1B$5.8B$6.3B$6.0B$6.1B

Revenue

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Total revenue$8.7B$8.1B$9.3B$11.3B$13.6B$23.9B