NASDAQ · Financials
Micron Technology financials & valuation
Reported statements, fiscal periods and valuation definitions in one place.
- Last confirmed price
- $1,046-1.73%
- Oct 6, 2026, 4:00 PM EDT · Prices may be delayed
Data dates
Prices as of Oct 6, 4:00 PM EDT · Fundamentals checked Oct 6, 5:12 PM EDT · Statement period ended May 28, 2026
Financial statements
Show / hide line items
Revenue
37.38B
FY2025 · ended Aug 28, 2025
Operating Income
9.77B
FY2025 · ended Aug 28, 2025
Net Income
8.54B
FY2025 · ended Aug 28, 2025
Amounts in USD. B = billions · M = millions. Scroll horizontally for earlier periods.
Sources, units & calculation notes
TECHi calculation / SEC Companyfacts. Per-share figures are in USD/share; margins in %, debt/equity in ×. TTM sums four consecutive quarters; balance sheets remain period-end balances. A trailing-twelve-month EPS figure is not the sum of the quarterly EPS cells. Growth requires comparable positive values. EPS reflects the reported share count and any stock splits. A missing quarter may show calculated EPS when the necessary net income and share figures are available. EPS comparisons require consistent accounting and split adjustments. Use Tab to move between controls and arrow keys within the table.
Earnings quality · Aug 28, 2025
- Net income
- 8.54B
- Free cash flow
- 1.67B
- Stock-based compensation
- 972M
- FCF / net income
- 19.5%
- Accrual gap / revenue
- -24.0%
- Cash conversion
- Weak cash conversion
Accrual gap = (net income − operating cash flow) / revenue. TECHi descriptive thresholds: strong ≥100%, moderate 75–100%, weak <75%. CapEx timing, working capital and industry structure affect the ratio; it is not an accounting audit.
Changes between reports
Q3 May 28, 2026 versus Q2 Feb 26, 2026
Reported periods shown above are compared directly; a missing intervening quarter is not inferred. Margin changes are in percentage points (pp).
- Revenue
- 41.46B↑ +73.7%
- Previous: 23.86B · USD
- Gross margin
- 84.56%↑ +10.1 pp
- Previous: 74.41%
- Operating margin
- 80.37%↑ +12.7 pp
- Previous: 67.62%
- Net margin
- 68.13%↑ +10.4 pp
- Previous: 57.77%
- Cash
- 25B↑ +79.7%
- Previous: 13.91B · USD
- Debt
- 5.72B↓ -43.6%
- Previous: 10.14B · USD
- Inventory
- 8.57B↑ +3.6%
- Previous: 8.27B · USD
- Capex
- 7.83B↑ +22.5%
- Previous: 6.39B · USD
- Stock-based compensation
- 355M↑ +14.9%
- Previous: 309M · USD
Reported-period comparison. Guidance and risk-factor changes require reading the filings.
Read the filingsValuation & ratios
Multiples with negative or missing earnings are not meaningful. Annual free cash flow yield uses the latest fiscal year; provider forward multiples may use a different earnings horizon.
Valuation history and definitions
- 5Y median / percentile
- Five-year observations unavailable
- Forward EPS vs trailing EPS
- 137.34% ($176.42 / $74.33)
- PEG
- 0.04×PEG is the forward P/E divided by the expected EPS growth rate in percent.
EPS growth proxy compares the available annual estimate (FY2026 period end 2026-08-31) with trailing EPS; it is not a multi-year consensus growth rate. Historical valuation uses dated observations, using price divided by the annual EPS estimate recorded that day. P/E observations without a stated earnings period are excluded. Available P/E observations: 9 since 2026-09-26.
Why valuation ratios differ
Forward P/E can use next fiscal year, current fiscal year or next-twelve-month earnings; trailing P/E can use GAAP or adjusted earnings and different closing prices. TECHi compares figures with the same earnings basis and reporting period. Different definitions are not averaged together.
| Metric | Value / formula | Source and date |
|---|---|---|
| Trailing P/E | 14.07 | Yahoo Finance · Oct 6, 2026, 5:12 PM EDT |
| Trailing EPS | 74.33 | Yahoo Finance · Oct 6, 2026, 5:12 PM EDT |
| Price ÷ annual EPS estimate | 5.93× | TECHi calculation · FY2026 period end 2026-08-31 |
All data sources
Search the dated figures used for this view. Each entry identifies its units, reporting period and calculation status.
What this page answers
Decide whether the business supports the valuation.
Explore Revenue quality, margins, cash conversion, debt, and filing cadence.
Keep in mind One-time items or old filings dominate the most recent reported figures.
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Next open: 2026-10-07 · 9:30 AM America/New_York
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