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Micron Technology MU NAND — Revenue

Other product segments

DRAM
$18.77B+207%
Other (primarily NOR)
$95M+26.7%

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SMTCProducts — Net sales:
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Other financials

Income statement

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Revenue$23.9B+196%
Gross profit$17.8B+499%
Operating income$16.1B+810%
Net income$13.8B+771%
EPS (diluted)$12.07+756%

Balance sheet

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Cash & equivalents$13.9B+84.2%
Total debt$13.6B-23.8%
Total equity$72.5B+49.0%
Total assets$101.51B+39.0%

Cash flow

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Operating cash flow$11.9B+202%
CapEx$6.4B+57.5%
Free cash flow$5.5B+4,981%

Valuation

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Market cap$1.28T+292%
Enterprise value$1.28T+254%
P/E53×-16.7×
P/S22×+11.6×

Profitability

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Gross margin58.4%+23.7pp
Operating margin48.3%+28.6pp
Net margin41.5%+26.6pp

Returns & leverage

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Return on equity39.8%+29.7pp
Debt / equity0.2×-0.2×
Current ratio2.9×-0.2×

Where this comes from

Reported directly by Micron Technology in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Micron Technology’s 10-Q, filed March 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Micron Technology's NAND — revenue?
Micron Technology (MU) reported NAND — revenue of $5B in Q1 2026.
How has Micron Technology's NAND — revenue changed year-over-year?
Micron Technology's NAND — revenue increased by 169.4% year-over-year, from $1.86B to $5B.
What is the long-term trend for Micron Technology's NAND — revenue?
Over 4 years (2021 to 2025), Micron Technology's NAND — revenue has grown at a 5.0% compound annual growth rate (CAGR), from $7.01B to $8.5B.
What does NAND — revenue mean?
The total revenue earned from selling NAND flash storage chips.
How do you interpret NAND — revenue?
An increase indicates higher demand or better pricing power for storage products, while a decrease may signal market saturation, inventory corrections, or increased competitive pressure in the flash memory space.
How does NAND — revenue compare across companies?
Comparable to NAND or Flash revenue segments reported by other semiconductor memory manufacturers like Samsung, SK Hynix, or Western Digital.