Micron Technology, Inc. income statement & cash flow
In the fiscal year ended Sep 3, 2026, Micron Technology, Inc. reported net income of $84.97B on revenue of $133.19B. Operating cash flow was $89.67B and capital expenditures were $30.71B, leaving $58.96B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Aug 2017 | Aug 2018 | Aug 2019 | Sep 2020 | Sep 2021 | Sep 2022 | Aug 2023 | Aug 2024 | Aug 2025 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.32B | $30.39B | $23.41B | $21.43B | $27.70B | $30.76B | $15.54B | $25.11B | $37.38B | $133.19B |
| Gross profit | $8.44B | $17.89B | $10.70B | $6.55B | $10.42B | $13.90B | −$1.42B | $5.61B | $14.87B | $107.50B |
| Operating income | $5.87B | $14.99B | $7.38B | $3.00B | $6.28B | $9.70B | −$5.75B | $1.30B | $9.77B | $99.34B |
| Net income | $5.09B | $14.13B | $6.31B | $2.69B | $5.86B | $8.69B | −$5.83B | $778.00M | $8.54B | $84.97B |
| Diluted EPS | $4.41 | $11.51 | $5.51 | $2.37 | $5.14 | $7.75 | −$5.34 | $0.70 | $7.59 | $74.33 |
| Operating cash flow | $8.15B | $17.40B | $13.19B | $8.31B | $12.47B | $15.18B | $1.56B | $8.51B | $17.52B | $89.67B |
| Capital expenditures | $4.73B | $8.88B | $9.78B | $8.22B | $10.03B | $12.07B | $7.68B | $8.39B | $15.86B | $30.71B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Sep 2026 | 80.7% | 74.6% | 63.8% |
| Aug 2025 | 39.8% | 26.1% | 22.8% |
| Aug 2024 | 22.4% | 5.2% | 3.1% |
| Aug 2023 | -9.1% | -37.0% | -37.5% |
| Sep 2022 | 45.2% | 31.5% | 28.2% |
Source: SEC EDGAR XBRL company facts for CIK 723125 (raw data). Most recent filing in this dataset: 10-K filed Oct 9, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.