Micron Technology Inc. (MU) Financial Statements (2026 and earlier)

Company Profile

Business Address 8000 S FEDERAL WAY
BOISE, ID 83716-9632
State of Incorp. DE
Fiscal Year End August 31
Industry (SIC) 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

5/31/2026
MRQ
11/30/2025
MRQ
8/31/2025
8/31/2024
8/31/2023
8/31/2022
8/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10,31810,3078,1069,5949,3318,633
Cash and cash equivalent9,7319,6427,0418,5778,2627,763
Short-term investments5876651,0651,0171,069870
Receivables10,1849,2656,6152,4435,1305,311
Inventory, net of allowances, customer advances and progress billings8,2058,3558,8758,3876,6634,487
Inventory8,2058,3558,8758,3876,6634,487
Other current assets958914776820644502
Other undisclosed current assets     13974
Total current assets:29,66528,84124,37221,24421,78119,907
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization 2,9103,0042,0381,311904766
Operating lease, right-of-use asset700736645666678551
Nontrade receivables    179  
Long-term investments and receivables1,6971,6291,0468441,6471,765
Long-term investments1,6971,6291,0468441,6471,765
Intangible asset, including goodwill, after accumulated amortization1,6151,6031,5661,5541,6491,577
Goodwill1,1501,1501,1501,1501,2281,228
Intangible asset, excluding goodwill, after accumulated amortization465453416404421349
Restricted cash and investments      66
Deferred income tax assets641616520756702782
Other noncurrent assets3,1762,7831,5181,2621,2771,054
Government assistance, asset  914188✕✕✕
Other undisclosed noncurrent assets45,56742,67237,52336,43837,64532,381
Total noncurrent assets:56,30653,95745,04443,01044,50238,942
TOTAL ASSETS:85,97182,79869,41664,25466,28358,849
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:9,7969,6497,2993,9586,0905,325
Taxes payable✕✕✕✕✕✕364
Employee-related liabilities✕✕✕✕✕✕984
Accounts payable3,6583,5143,0392,1052,6232,090
Accrued liabilities1,8431,7441,335434  
Other undisclosed accounts payable and accrued liabilities4,2954,3912,9251,4193,4671,887
Debt569560431278103155
Other liabilities1,6951,2451,5185291,346944
Total current liabilities:12,06011,4549,2484,7657,5396,424
Noncurrent Liabilities
Long-term debt and lease obligation, including:11,18714,01712,96613,0526,8036,621
Finance lease, liability2,3432,4841,7291,109783649
Other undisclosed long-term debt and lease obligation8,84411,53311,23711,9435,4105,468
Liabilities, other than long-term debt3,9183,1622,0711,707848569
Deferred income tax liabilities    1171310
Other liabilities2,1011,443911987835559
Operating lease, liability669701610603610504
Government assistance, liability1,1481,018550✕✕✕
Other undisclosed noncurrent liabilities    6101,1861,302
Total noncurrent liabilities:15,10517,17915,03715,3698,8378,492
Total liabilities:27,16528,63324,28520,13416,37614,916
Equity
Equity, attributable to parent58,80654,16545,13144,12049,90743,933
Common stock127127125124123122
Treasury stock, value(8,152)(7,852)(7,852)(7,552)(7,127)(4,695)
Additional paid in capital13,61013,33912,11511,03610,1979,453
Accumulated other comprehensive income (loss)(123)(32)(134)(312)(560)2
Retained earnings53,34448,58340,87740,82447,27439,051
Total equity:58,80654,16545,13144,12049,90743,933
TOTAL LIABILITIES AND EQUITY:85,97182,79869,41664,25466,28358,849

Income Statement (P&L) ($ in millions)
Annual | Quarterly

5/31/2026
TTM
11/30/2025
TTM
8/31/2025
8/31/2024
8/31/2023
8/31/2022
8/31/2021
Revenues42,31237,37825,11115,54030,75827,705
Cost of revenue
(Cost of Product and Service Sold)		(23,141)(22,505)(19,498)(16,956)(16,860)(17,282)
Gross profit:19,17114,8735,613(1,416)13,89810,423
Operating expenses(5,374)(5,042)(4,560)(4,205)(4,230)(4,045)
Other operating income (expense), net(65)(61)251(124)34(95)
Operating income (loss):13,7329,7701,304(5,745)9,7026,283
Nonoperating income26436149847558118
Investment income, nonoperating5284965294689637
Other nonoperating income (expense)(264)(135)(31)7(38)81
Interest and debt expense(433)(477)(562)(388)(189)(183)
Other undisclosed income from continuing operations before equity method investments, income taxes      
Income (loss) from continuing operations before equity method investments, income taxes:13,5639,6541,240(5,658)9,5716,218
Income (loss) from equity method investments169(11)2437
Income (loss) from continuing operations before income taxes:13,5799,6631,229(5,656)9,5756,255
Income tax expense(1,670)(1,124)(451)(177)(888)(394)
Income (loss) from continuing operations:11,9098,539778(5,833)8,6875,861
Income before gain (loss) on sale of properties:✕✕✕✕✕8,6875,861
Net income (loss) available to common stockholders, diluted:11,9098,539778(5,833)8,6875,861

Comprehensive Income ($ in millions)
Annual | Quarterly

5/31/2026
TTM
11/30/2025
TTM
8/31/2025
8/31/2024
8/31/2023
8/31/2022
8/31/2021
Net income (loss):11,9098,539778(5,833)8,6875,861
Other comprehensive income (loss)98102178248(562)(69)
Comprehensive income (loss), net of tax, attributable to parent:12,0078,641956(5,585)8,1255,792

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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