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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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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 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?
This metric represents the total gross revenue generated from the sale of NAND flash memory products, which are non-volatile storage solutions used for data retention in devices. It reflects the company's market performance and demand for storage-class memory across sectors such as mobile, data center, and consumer electronics. As a key segment, it highlights the firm's competitive positioning in the broader non-volatile memory market.

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