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Discontinued — last reported Q2 '26

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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%
EPS (diluted)$12.07+756%

Balance sheet

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Cash & equivalents$38.4B+298%
Total debt$7.6B-58.9%
Total equity$138.38B+155%
Total assets$195.89B+137%

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$1.17T+442%
Enterprise value$1.14T+407%
P/E48.5×—
P/S20.1×—

Profitability

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Gross margin58.4%+23.7pp
Operating margin48.3%+28.6pp
Net margin41.5%+26.6pp
FCF margin17.7%—

Returns & leverage

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Return on equity39.8%+29.7pp
Debt / equity0.1×-0.3×
Current ratio3.3×+0.8×

Where this comes from

Reported directly by Micron Technology, Inc. in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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

Filed
Mar 19, 2026, 12:00 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0000723125-26-000006

FAQ

What is Micron Technology, Inc.'s net income?
Micron Technology, Inc. (MU) reported net income of $13.79B in Q1 2026.
How has Micron Technology, Inc.'s net income changed year-over-year?
Micron Technology, Inc.'s net income increased by 770.8% year-over-year, from $1.58B to $13.79B.
What is the long-term trend for Micron Technology, Inc.'s net income?
Over 3 years (2022 to 2025), Micron Technology, Inc.'s net income has grown at a -0.6% compound annual growth rate (CAGR), from $8.69B to $8.54B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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