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MICRON TECHNOLOGY INC
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Created by potrace 1.16, written by Peter Selinger 2001-2019
beatandraise.com
Created by potrace 1.16, written by Peter Selinger 2001-2019
beatandraise.com
beta
Latest Financials
Filings:
Category
Date
Search Filings
Institutional Holders
beta
Earnings Transcripts
beta
Global Search
SEC Edgar
MICRON TECHNOLOGY INC
Support
about
terms
Created by potrace 1.16, written by Peter Selinger 2001-2019
beatandraise.com
beta
Latest Financials
Filings:
Category
Date
Search Filings
Institutional Holders
beta
Earnings Transcripts
beta
Global Search
SEC Edgar
MICRON TECHNOLOGY INC
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about
terms
$
MU
MICRON TECHNOLOGY INC
CIK:
0000723125
|
SEC Filings
Income Statement
Cash Flow
Balance Sheet
v3.26.3
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Income Statement [Abstract]
Revenue
$ 133,188
$ 37,378
$ 25,111
Cost of goods sold
25,684
22,505
19,498
Gross margin
107,504
14,873
5,613
Research and development
5,650
3,798
3,430
Selling, general, and administrative
1,947
1,205
1,129
Other operating (income) expense, net
567
100
(250)
Operating income
99,340
9,770
1,304
Interest income
1,084
496
529
Interest expense
(106)
(477)
(562)
Other non-operating income (expense), net
(647)
(135)
(31)
Income before income taxes and equity in net income (loss) of equity method investees
99,671
9,654
1,240
Income tax (provision) benefit
(14,761)
(1,124)
(451)
Equity in net income (loss) of equity method investees
59
9
(11)
Net income
84,969
8,539
778
Other comprehensive income (loss), net of tax
(41)
102
178
Total comprehensive income
$ 84,928
$ 8,641
$ 956
Earnings per share
Basic (in dollars per share)
$ 75.38
$ 7.65
$ 0.70
Diluted (in dollars per share)
$ 74.33
$ 7.59
$ 0.70
Number of shares used in per share calculations
Basic (in shares)
1,127
1,116
1,105
Diluted (in shares)
1,143
1,125
1,118
v3.26.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Cash flows from operating activities
Net income
$ 84,969
$ 8,539
$ 778
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense and amortization of intangible assets
9,503
8,352
7,780
Stock-based compensation
1,333
972
833
Change in operating assets and liabilities:
Receivables
(25,206)
(1,776)
(3,581)
Inventories
(2,017)
520
(488)
Accounts payable and accrued expenses
8,707
862
1,915
Other current liabilities
3,141
(272)
989
Other noncurrent liabilities
9,633
381
76
Other
(388)
(53)
205
Net cash provided by operating activities
89,675
17,525
8,507
Cash flows from investing activities
Purchases of available-for-sale securities
(34,871)
(1,890)
(1,999)
Expenditures for property, plant, and equipment
(30,712)
(15,857)
(8,386)
Purchases of non-marketable equity securities
(1,046)
(34)
(10)
Proceeds from government incentives
3,316
2,005
315
Proceeds from maturities and sales of available-for-sale securities
1,988
1,698
1,794
Other
(316)
(9)
(23)
Net cash used for investing activities
(61,641)
(14,087)
(8,309)
Cash flows from financing activities
Proceeds from customer contract liability deposits
12,747
0
0
Proceeds from issuance of debt
0
4,430
999
Repayments of debt
(10,043)
(4,619)
(1,897)
Repurchases of common stock - withholdings on employee equity awards
(1,127)
(340)
(233)
Repurchases of common stock - repurchase program
(650)
0
(300)
Payments of dividends to shareholders
(610)
(522)
(513)
Other
313
201
102
Net cash provided by (used for) financing activities
630
(850)
(1,842)
Effect of changes in currency exchange rates on cash, cash equivalents, and restricted cash
81
6
40
Net increase (decrease) in cash, cash equivalents, and restricted cash
28,745
2,594
(1,604)
Cash, cash equivalents, and restricted cash at beginning of period
9,646
7,052
8,656
Cash, cash equivalents, and restricted cash at end of period
38,391
9,646
7,052
Supplemental disclosures
Income taxes paid, net
(1,254)
(583)
(338)
Interest paid, net of amounts capitalized
(197)
(418)
(503)
Non-cash acquisitions of finance lease right-of-use assets
$ 143
$ 1,298
$ 905
v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 03, 2026
Aug. 28, 2025
Assets
Cash and cash equivalents
$ 38,364
$ 9,642
Short-term investments
5,070
665
Receivables
36,197
9,265
Inventories
10,372
8,355
Other current assets
1,067
914
Total current assets
91,070
28,841
Long-term marketable investments
30,019
1,629
Property, plant, and equipment
63,310
46,590
Goodwill
1,150
1,150
Other noncurrent assets
10,339
4,588
Total assets
195,888
82,798
Liabilities and equity
Accounts payable and accrued expenses
22,605
9,649
Current debt
491
560
Other current liabilities
4,386
1,245
Total current liabilities
27,482
11,454
Long-term debt
4,688
14,017
Noncurrent unearned government incentives
786
1,018
Noncurrent customer contract liabilities
12,895
142
Other noncurrent liabilities
11,659
2,002
Total liabilities
57,510
28,633
Commitments and contingencies
Shareholders’ equity
Common stock, $0.10 par value, 3,000 shares authorized, 1,277 shares issued and 1,131 outstanding (1,266 shares issued and 1,122 outstanding as of August 28, 2025)
128
127
Additional capital
14,974
13,339
Retained earnings
131,851
48,583
Treasury stock, 146 shares held (144 shares as of August 28, 2025)
(8,502)
(7,852)
Accumulated other comprehensive income (loss)
(73)
(32)
Total equity
138,378
54,165
Total liabilities and equity
$ 195,888
$ 82,798