Micron Technology vs NVIDIA
NVIDIA is the larger business, with $215.94bn of revenue in fiscal 2026 against $133.19bn for Micron Technology (1.6 times as much). Micron Technology grew faster (256.3% against 65.5%). Micron Technology kept more of each dollar of sales as profit: a net margin of 63.8% against 55.6%. Micron Technology carries less debt relative to equity (3.7% against 5.4%).
| Latest fiscal year | Micron TechnologyMU, 2026 | NVIDIANVDA, 2026 |
|---|---|---|
| Revenue | $133.19bn | $215.94bn |
| Revenue growth | 256.3% | 65.5% |
| Net income | $84.97bn | $120.07bn |
| Operating margin | 74.6% | 60.4% |
| Net margin | 63.8% | 55.6% |
| Return on equity | 88.3% | 101.5% |
| Free cash flow | $58.96bn | $96.68bn |
| Cash | $38.36bn | $10.61bn |
| Total debt | $5.18bn | $8.47bn |
| Debt to equity | 3.7% | 5.4% |
| Dividend per share | $0.53 | $0.04 |
| Dividend yield | 0.1% | 0.1% |
| Share buybacks | $650m | $40.09bn |
| Employees | 53,000 | 42,000 |
| Market value | $962.41bn | $5.03tn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 66 (Moderate) | 90 (Strong) |
| Insider trades, 12 months | 3 buys, 305 sales | 0 buys, 187 sales |