Also trades as: MU.TO (TSX) · $vol 50M · MTE.DE (XETRA) · $vol 19M

$933.67

+29.97 (+3.32%)

Weekly Expected Move ±7.0%

$755 $816 $878 $939 $1000

NASDAQ · Technology · Semiconductors · Tech Score Strong Sell · Power 40 · $1.02T mcap · 1.13B float · 3.19% daily turnover · Short 35% of daily vol

Credit Risk of going bust: lower than 72% of companies Debt: 0.5% of company value Bonds: $48.1M held by 135 funds, 87 bp over Treasuries → details ▾

Of US companies ranked in the safest four tenths, about 1 in 3,500 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $0.40 (down more than 99.9%), Micron Technology, Inc. would be worth roughly what it owes.
Total debt $5.18B against a stock market value of $1.02T.
Distance to default 7.88 (Merton model): prices to 2026-10-26, balance sheet 2026-09-03, debt counted $1.40B (short-term plus half of long-term), stock volatility 80.3%; Altman Z 14.35. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$133.2B +256.3% ▲

5Y CAGR: +36.9%

Gross Profit

$107.5B +622.8% ▲

5Y CAGR: +59.5%

Operating Income

$99.3B +906.5% ▲

5Y CAGR: +73.7%

Net Income

$85.0B +895.1% ▲

5Y CAGR: +70.7%

EPS (Diluted)

$74.33 +879.3% ▲

5Y CAGR: +70.6%

EBITDA

$108.8B +488.6% ▲

5Y CAGR: +53.1%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$30.8B	$15.5B	$25.1B	$37.4B	$133.2B
YoY Growth	+11.0%	-49.5%	+61.6%	+48.9%	+256.3%
Cost of Revenue	$16.9B	$17.0B	$19.5B	$22.5B	$25.7B
Gross Profit	$13.9B	-$1.4B	$5.6B	$14.9B	$107.5B
Gross Margin	45.2%	-9.1%	22.4%	39.8%	80.7%
R&D Expenses	$3.1B	$3.1B	$3.4B	$3.8B	$5.7B
SG&A Expenses	$1.1B	$920M	$1.1B	$1.2B	$1.9B
Operating Expenses	$4.2B	$4.3B	$4.3B	$5.0B	$8.2B
Operating Income	$9.7B	-$5.7B	$1.3B	$9.9B	$99.3B
Operating Margin	31.5%	-37.0%	5.2%	26.4%	74.6%
Interest Expense	$189M	$388M	$562M	$477M	$106M
Income Before Tax	$9.6B	-$5.7B	$1.2B	$9.7B	$99.7B
Tax Expense	$888M	$177M	$451M	$1.1B	$14.8B
Net Income	$8.7B	-$5.8B	$778M	$8.5B	$85.0B
Net Margin	28.2%	-37.5%	3.1%	22.8%	63.8%
EPS (Diluted)	$7.74	$-5.34	$0.70	$7.59	$74.33
EBITDA	$16.7B	$2.2B	$8.9B	$18.5B	$108.8B
Shares Outstanding	1.12B	1.09B	1.12B	1.12B	1.14B

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$8.7B	$8.1B	$9.3B	$11.3B	$13.6B	$23.9B	$41.5B	$54.2B
Cost of Revenue	$5.4B	$5.1B	$5.8B	$6.3B	$6.0B	$6.1B	$6.4B	$7.2B
Gross Profit	$3.3B	$3.0B	$3.5B	$5.1B	$7.6B	$17.8B	$35.1B	$47.0B
Gross Margin	38.4%	36.8%	37.7%	44.7%	56.0%	74.4%	84.6%	86.8%
R&D Expenses	$906M	$898M	$965M	$1.0B	$1.2B	$1.2B	$1.3B	$1.9B
SG&A Expenses	$288M	$285M	$318M	$314M	$337M	$344M	$407M	$859M
Operating Expenses	$1.2B	$1.2B	$1.3B	$1.3B	$1.5B	$1.6B	$1.7B	$3.3B
Operating Income	$2.2B	$1.8B	$2.2B	$3.8B	$6.1B	$16.1B	$33.3B	$43.8B
Operating Margin	25.0%	22.0%	23.3%	33.2%	45.0%	67.6%	80.4%	80.7%
Interest Expense	$118M	$112M	$123M	$124M	$74M	$32M	$0	$0
Income Before Tax	$2.2B	$1.8B	$2.1B	$3.6B	$6.1B	$16.2B	$33.2B	$44.3B
Tax Expense	$283M	$177M	$235M	$429M	$829M	$2.4B	$5.0B	$6.6B
Net Income	$1.9B	$1.6B	$1.9B	$3.2B	$5.2B	$13.8B	$28.2B	$37.7B
Net Margin	21.5%	19.7%	20.3%	28.3%	38.4%	57.8%	68.1%	69.5%
EPS (Diluted)	$1.67	$1.41	$1.68	$2.83	$4.60	$12.08	$24.67	$32.87
EBITDA	$4.2B	$3.8B	$4.3B	$5.9B	$8.3B	$18.5B	$35.6B	$46.4B
Shares Outstanding	1.12B	1.12B	1.12B	1.12B	1.14B	1.14B	1.15B	1.15B

MU NASDAQ