Micron Technology income statement

In fiscal 2026, Micron Technology reported revenue of $133.19bn, up 256.3% on the year before, operating income of $99.34bn (a 74.6% margin) and net income of $84.97bn, or $74.33 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Micron Technology: income statement, annual
Fiscal year	2010Sept 2010	2011Sept 2011	2012Aug 2012	2013Aug 2013	2014Aug 2014	2015Sept 2015	2016Sept 2016	2017Aug 2017	2018Aug 2018	2019Aug 2019	2020Sept 2020	2021Sept 2021	2022Sept 2022	2023Aug 2023	2024Aug 2024	2025Aug 2025	2026Sept 2026
Revenue	8.5	8.8	8.2	9.1	16.4	16.2	12.4	20.3	30.4	23.4	21.4	27.7	30.8	15.5	25.1	37.4	133.2
Cost of revenue	5.8	7.0	7.3	7.2	10.9	11.0	9.9	11.9	12.5	12.7	14.9	17.3	16.9	17.0	19.5	22.5	25.7
Gross profit	2.7	1.8	1.0	1.8	5.4	5.2	2.5	8.4	17.9	10.7	6.6	10.4	13.9	−1.4	5.6	14.9	107.5
Research and development	0.6	0.8	0.9	0.9	1.4	1.5	1.6	1.8	2.1	2.4	2.6	2.7	3.1	3.1	3.4	3.8	5.7
Selling, general and administrative	0.5	0.6	0.6	0.6	0.7	0.7	0.7	0.7	0.8	0.8	0.9	0.9	1.1	0.9	1.1	1.2	1.9
Operating income	1.6	0.8	−0.6	0.2	3.1	3.0	0.2	5.9	15.0	7.4	3.0	6.3	9.7	−5.7	1.3	9.8	99.3
Interest expense	0.2	0.1	0.2	0.2	0.4	0.4	0.4	0.6	0.3	0.1	0.2	0.2	0.2	0.4	0.6	0.5	0.1
Income before tax	1.9	0.6	−0.8	1.3	2.7	2.6	−0.3	5.2	14.3	7.0	3.0	6.2	9.6	−5.7	1.2	9.7	99.7
Income tax	−0.0	0.2	−0.0	0.0	0.1	0.2	0.0	0.1	0.2	0.7	0.3	0.4	0.9	0.2	0.5	1.1	14.8
Net income	1.9	0.2	−1.0	1.2	3.0	2.9	−0.3	5.1	14.1	6.3	2.7	5.9	8.7	−5.8	0.8	8.5	85.0
Diluted EPS	$1.85	$0.17	−$1.04	$1.13	$2.54	$2.47	−$0.27	$4.41	$11.51	$5.51	$2.37	$5.14	$7.75	−$5.34	$0.70	$7.59	$74.33
Diluted shares (average)	1,051m	1,008m	991m	1,057m	1,198m	1,170m	1,036m	1,154m	1,229m	1,143m	1,131m	1,141m	1,122m	1,093m	1,118m	1,125m	1,143m
EBITDA	3.5	2.9	1.6	2.2	5.4	5.8	3.1	9.7	19.8	12.8	8.7	12.5	16.8	2.0	9.1	18.1	108.8

US$ billions unless shown otherwise. Fiscal quarters.

Micron Technology: income statement, quarterly
Quarter	2025 Q1Nov 2024	2025 Q2Feb 2025	2025 Q3May 2025	2025 Q4Aug 2025	2026 Q1Nov 2025	2026 Q2Feb 2026	2026 Q3May 2026	2026 Q4Sept 2026
Revenue	8.7	8.1	9.3	11.3	13.6	23.9	41.5	54.2
Cost of revenue	5.4	5.1	5.8	6.3	6.0	6.1	6.4	7.2
Gross profit	3.3	3.0	3.5	5.1	7.6	17.8	35.1	47.0
Research and development	0.9	0.9	1.0	1.0	1.2	1.3	1.3	1.9
Selling, general and administrative	0.3	0.3	0.3	0.3	0.3	0.3	0.4	0.9
Operating income	2.2	1.8	2.2	3.7	6.1	16.1	33.3	43.8
Interest expense	0.1	0.1	0.1	0.1	0.1	0.0	0.0	0.0
Income before tax	2.2	1.8	2.1	3.6	6.1	16.2	33.2	44.2
Income tax	0.3	0.2	0.2	0.4	0.8	2.4	5.0	6.6
Net income	1.9	1.6	1.9	3.2	5.2	13.8	28.2	37.7
Diluted EPS	$1.67	$1.41	$1.68	$2.84	$4.60	$12.07	$24.67	$32.93
EBITDA	4.2	3.9	4.3	5.8	8.3	18.4	35.7	46.4

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Micron Technology's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Micron Technology.