Current Assets
Inventories
Micron Technology Inventories increased by 0.8% to $8.27B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.2%, from $9.01B to $8.27B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 9.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2014
Last reportedQ2 2026Mar 19, 2026
How to read this metric
Excessive inventory levels can signal slowing demand or potential write-downs, while lean inventory levels suggest strong demand and efficient supply chain management.
Detailed definition
This encompasses the value of raw materials, work-in-progress, and finished memory and storage chips held by the company...
Peer comparison
Semiconductor companies often face high inventory volatility due to the cyclical nature of memory chip demand.
Metric ID:
inventoriesHistorical Data
20 periods
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.54B | $4.49B | $4.83B | $5.38B | $5.63B | $6.66B | $8.36B | $8.13B | $8.24B | $8.39B | $8.28B | $8.44B | $8.51B | $8.88B | $8.71B | $9.01B | $8.73B | $8.36B | $8.21B | $8.27B |
| QoQ Change | — | -1.1% | +7.6% | +11.5% | +4.6% | +18.4% | +25.5% | -2.8% | +1.3% | +1.8% | -1.3% | +2.0% | +0.8% | +4.3% | -1.9% | +3.5% | -3.1% | -4.3% | -1.8% | +0.8% |
| YoY Change | — | — | — | — | +24.1% | +48.5% | +73.2% | +51.0% | +46.3% | +25.9% | -1.0% | +3.9% | +3.3% | +5.8% | +5.2% | +6.7% | +2.5% | -5.9% | -5.7% | -8.2% |
Range$4.49B – $9.01B
CAGR+13.5%
Avg YoY Growth+17.2%
Median YoY Growth+5.5%
Inventories at Other Companies
Frequently Asked Questions
- What is Micron Technology's inventories?
- Micron Technology (MU) reported inventories of $8.27B in Q1 2026.
- How has Micron Technology's inventories changed year-over-year?
- Micron Technology's inventories decreased by 8.2% year-over-year, from $9.01B to $8.27B.
- What is the long-term trend for Micron Technology's inventories?
- Over 5 years (2020 to 2025), Micron Technology's inventories has grown at a 9.2% compound annual growth rate (CAGR), from $5.37B to $8.36B.
- What does inventories mean?
- The total value of all unsold products, components, and materials held by the company.