Micron Technology Income Statement
MU / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Micron Technology reported $37.4B in revenue and $8.5B in net income for FY2025. Revenue has grown at a 15.8% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 22.8%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $37.4B | $25.1B | $15.5B | $30.8B | $27.7B | $21.4B | $20.3B | $12.4B | $16.2B | $12.4B | $9.1B | $16.4B | $9.1B | $8.5B | $4.8B |
| Cost of Revenue | $22.5B | $19.5B | $17.0B | $16.9B | $17.3B | $14.9B | $11.9B | $9.9B | $11.0B | $9.9B | $7.2B | $10.9B | $7.2B | $5.8B | $5.2B |
| Gross Profit | $14.9B | $5.6B | -$1.4B | $13.9B | $10.4B | $6.6B | $8.4B | $2.5B | $5.2B | $2.5B | $1.8B | $5.4B | $1.8B | $2.7B | -$440.0M |
| SG&A Expense | $1.2B | $1.1B | $920.0M | $1.1B | $894.0M | $881.0M | $743.0M | $659.0M | $719.0M | $659.0M | $562.0M | $707.0M | $562.0M | $528.0M | $354.0M |
| R&D Expense | $3.8B | $3.4B | $3.1B | $3.1B | $2.7B | $2.6B | $1.8B | $1.6B | $1.5B | $1.6B | $931.0M | $1.4B | $931.0M | $624.0M | $647.0M |
| Operating Income | $9.8B | $1.3B | -$5.7B | $9.7B | $6.3B | $3.0B | $5.9B | $168.0M | $3.0B | $168.0M | $236.0M | $3.1B | $236.0M | $1.6B | -$1.7B |
| Interest Expense | - | - | $388.0M | $189.0M | $183.0M | $194.0M | $601.0M | $437.0M | $371.0M | $437.0M | $231.0M | $352.0M | $231.0M | $178.0M | $182.0M |
| Income Tax | $1.1B | $451.0M | $177.0M | $888.0M | $394.0M | $280.0M | $114.0M | $19.0M | $157.0M | $19.0M | $8.0M | $128.0M | $8.0M | -$19.0M | $1.0M |
| Net Income | $8.5B | $778.0M | -$5.8B | $8.7B | $5.9B | $2.7B | $5.1B | -$276.0M | $2.9B | -$276.0M | $1.2B | $3.0B | $1.2B | $1.9B | -$1.9B |
| EPS (Basic) | -$5.34 | $7.81 | $5.23 | $2.42 | $5.67 | $12.27 | $4.67 | -$0.27 | $2.71 | $2.87 | $1.16 | -$1.04 | $0.17 | $2.09 | -$2.35 |
| EPS (Diluted) | -$5.34 | $7.75 | $5.14 | $2.37 | $5.51 | $11.51 | $4.41 | -$0.27 | $2.47 | $2.54 | $1.13 | -$1.04 | $0.17 | $1.85 | -$2.35 |
| Shares Outstanding | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | 1.1B | 1.0B | 1.1B | 1.1B | 1.0B | 1.0B | 984.3M | 994.5M |
| Gross Margin | 39.8% | 22.4% | -9.1% | 45.2% | 37.6% | 30.6% | 41.5% | 20.2% | 32.2% | 20.2% | 20.4% | 33.2% | 20.4% | 32.0% | -9.2% |
| Operating Margin | 26.1% | 5.2% | -37.0% | 31.5% | 22.7% | 14.0% | 28.9% | 1.4% | 18.5% | 1.4% | 2.6% | 18.9% | 2.6% | 18.7% | -34.9% |
| Profit Margin | 22.8% | 3.1% | -37.5% | 28.2% | 21.2% | 12.5% | 25.0% | -2.2% | 17.9% | -2.2% | 13.1% | 18.6% | 13.1% | 21.8% | -39.2% |