What is Micron Technology's inventories?

Micron Technology (MU) reported inventories of $8.57B in Q2 2026.

How has Micron Technology's inventories changed year-over-year?

Micron Technology's inventories decreased by 1.8% year-over-year, from $8.73B to $8.57B.

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

Over 4 years (2021 to 2025), Micron Technology's inventories has grown at a 16.8% compound annual growth rate (CAGR), from $4.49B to $8.36B.

What does inventories mean?

Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

Micron Technology MU Inventories

Inventories at other companies

Western DigitalWDC

$1.36B+3.5%

Seagate Technology Holdings PLCSTX

$1.53B+3.9%

Everspin TechnologiesMRAM

$11.26M+2.4%

Penguin SolutionsPENG

$498.32M+170%

OwletOWLT

$18.19M+54.0%

Applied MaterialsAMAT

$6.34B+12.1%

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+664%

P/E22.2×+0.7×

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:InventoryNet.

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 inventories?: Micron Technology (MU) reported inventories of $8.57B in Q2 2026.
How has Micron Technology's inventories changed year-over-year?: Micron Technology's inventories decreased by 1.8% year-over-year, from $8.73B to $8.57B.
What is the long-term trend for Micron Technology's inventories?: Over 4 years (2021 to 2025), Micron Technology's inventories has grown at a 16.8% compound annual growth rate (CAGR), from $4.49B to $8.36B.
What does inventories mean?: Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.