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Micron Technology MU DRAM — Revenue

Other product segments

NAND
$5B+169%
Other (primarily NOR)
$95M+26.7%

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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$1.01T+729%
Enterprise value$989.49B+656%
P/E20×+0.4×
P/S11.2×+7.6×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Micron Technology’s 10-Q, filed March 19, 2026.

Filed
Mar 19, 2026, 12:00 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0000723125-26-000006
Line itemQuarter Ended / February 26,2026Quarter Ended / February 27,2025Six Months Ended / February 26,2026Six Months Ended / February 27,2025
DRAM$18,768$6,123$29,580$12,523
NAND4,9971,8557,7404,096
Other (primarily NOR)9575183143
$23,860$8,053$37,503$16,762

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Micron Technology's DRAM — revenue?
Micron Technology (MU) reported DRAM — revenue of $18.77B in Q1 2026.
How has Micron Technology's DRAM — revenue changed year-over-year?
Micron Technology's DRAM — revenue increased by 206.5% year-over-year, from $6.12B to $18.77B.
What is the long-term trend for Micron Technology's DRAM — revenue?
Over 4 years (2021 to 2025), Micron Technology's DRAM — revenue has grown at a 9.3% compound annual growth rate (CAGR), from $20.04B to $28.58B.
What does DRAM — revenue mean?
This metric represents the total gross sales generated from the sale of Dynamic Random Access Memory (DRAM) semiconductor products. As a primary revenue driver for the company, it reflects the firm's market position and pricing power within the volatile memory chip industry. Fluctuations in this figure are heavily influenced by global demand cycles in data centers, mobile devices, and consumer electronics.

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