What is Micron Technology's income tax?

Micron Technology (MU) reported income tax of $4.98B in Q2 2026.

How has Micron Technology's income tax changed year-over-year?

Micron Technology's income tax increased by 2018.3% year-over-year, from $235M to $4.98B.

What is the long-term trend for Micron Technology's income tax?

Over 3 years (2021 to 2025), Micron Technology's income tax has grown at a 41.8% compound annual growth rate (CAGR), from $394M to $1.12B.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Micron Technology MU Income Tax

Income Tax at other companies

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$154M+122%

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$116M+673%

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$3K-90.0%

Penguin SolutionsPENG

$7.52M+3.5%

OwletOWLT

$7K-41.7%

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$419M+126%

Other financials

Income statement

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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

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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

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Operating cash flow$25.4B+451%

CapEx$7.8B+166%

Free cash flow$17.6B+951%

Valuation

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Market cap$1.12T+735%

Enterprise value$1.1T+668%

P/E22.2×+0.6×

P/S12.4×+8.4×

Profitability

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Gross margin72.6%+35.4pp

Operating margin65.6%+43.0pp

Net margin55.9%+37.5pp

FCF margin29%+23.4pp

Returns & leverage

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Return on equity66.6%+53.5pp

Debt / equity0.1×-0.3×

Current ratio3.4×+0.7×

Where this comes from

Reported directly by Micron Technology in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Micron Technology’s 8-K, filed June 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Micron Technology's income tax?: Micron Technology (MU) reported income tax of $4.98B in Q2 2026.
How has Micron Technology's income tax changed year-over-year?: Micron Technology's income tax increased by 2018.3% year-over-year, from $235M to $4.98B.
What is the long-term trend for Micron Technology's income tax?: Over 3 years (2021 to 2025), Micron Technology's income tax has grown at a 41.8% compound annual growth rate (CAGR), from $394M to $1.12B.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.