
Micron Technology Inc
NASDAQ:MU

Income Statement
Earnings Waterfall
Micron Technology Inc
Revenue
|
31.3B
USD
|
Cost of Revenue
|
-20.4B
USD
|
Gross Profit
|
10.9B
USD
|
Operating Expenses
|
-4.7B
USD
|
Operating Income
|
6.2B
USD
|
Other Expenses
|
-1.5B
USD
|
Net Income
|
4.7B
USD
|
Income Statement
Micron Technology Inc
Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Aug-2017 | Nov-2017 | Mar-2018 | May-2018 | Aug-2018 | Nov-2018 | Feb-2019 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Aug-2023 | Nov-2023 | Feb-2024 | May-2024 | Aug-2024 | Nov-2024 | Feb-2025 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
16 948
N/A
|
16 819
-1%
|
16 192
-4%
|
14 969
-8%
|
13 737
-8%
|
12 782
-7%
|
12 399
-3%
|
13 019
+5%
|
14 733
+13%
|
17 401
+18%
|
20 322
+17%
|
23 155
+14%
|
25 858
+12%
|
28 089
+9%
|
30 391
+8%
|
31 501
+4%
|
29 985
-5%
|
26 976
-10%
|
23 406
-13%
|
20 637
-12%
|
19 599
-5%
|
20 249
+3%
|
21 435
+6%
|
22 064
+3%
|
23 503
+7%
|
25 487
+8%
|
27 705
+9%
|
29 619
+7%
|
31 169
+5%
|
32 389
+4%
|
30 758
-5%
|
27 156
-12%
|
23 063
-15%
|
18 173
-21%
|
15 540
-14%
|
16 181
+4%
|
18 312
+13%
|
21 371
+17%
|
25 111
+18%
|
29 094
+16%
|
31 323
+8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(11 152)
|
(11 189)
|
(10 977)
|
(10 543)
|
(10 137)
|
(9 886)
|
(9 894)
|
(10 352)
|
(10 941)
|
(11 498)
|
(11 886)
|
(11 983)
|
(12 120)
|
(12 237)
|
(12 500)
|
(12 742)
|
(12 632)
|
(12 518)
|
(12 704)
|
(13 184)
|
(13 655)
|
(14 370)
|
(14 883)
|
(15 142)
|
(16 238)
|
(16 859)
|
(17 233)
|
(17 318)
|
(16 890)
|
(17 201)
|
(16 860)
|
(15 930)
|
(16 719)
|
(16 532)
|
(16 956)
|
(18 525)
|
(18 371)
|
(18 930)
|
(19 498)
|
(20 098)
|
(20 443)
|
|
Gross Profit |
5 796
N/A
|
5 630
-3%
|
5 215
-7%
|
4 426
-15%
|
3 600
-19%
|
2 896
-20%
|
2 505
-14%
|
2 667
+6%
|
3 792
+42%
|
5 903
+56%
|
8 436
+43%
|
11 172
+32%
|
13 738
+23%
|
15 852
+15%
|
17 891
+13%
|
18 759
+5%
|
17 353
-7%
|
14 458
-17%
|
10 702
-26%
|
7 453
-30%
|
5 944
-20%
|
5 879
-1%
|
6 552
+11%
|
6 922
+6%
|
7 265
+5%
|
8 628
+19%
|
10 472
+21%
|
12 301
+17%
|
14 279
+16%
|
15 188
+6%
|
13 898
-8%
|
11 226
-19%
|
6 344
-43%
|
1 641
-74%
|
(1 416)
N/A
|
(2 344)
-66%
|
(59)
+97%
|
2 441
N/A
|
5 613
+130%
|
8 996
+60%
|
10 880
+21%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 932)
|
(1 980)
|
(2 231)
|
(2 272)
|
(2 298)
|
(2 251)
|
(2 274)
|
(2 297)
|
(2 373)
|
(2 479)
|
(2 572)
|
(2 577)
|
(2 624)
|
(2 760)
|
(2 965)
|
(3 042)
|
(3 195)
|
(3 234)
|
(3 312)
|
(3 341)
|
(3 390)
|
(3 452)
|
(3 492)
|
(3 510)
|
(3 591)
|
(3 594)
|
(3 676)
|
(3 691)
|
(3 830)
|
(3 987)
|
(4 189)
|
(4 341)
|
(4 227)
|
(4 177)
|
(4 043)
|
(4 025)
|
(4 111)
|
(4 281)
|
(4 567)
|
(4 390)
|
(4 692)
|
|
Selling, General & Administrative |
(734)
|
(729)
|
(720)
|
(705)
|
(693)
|
(672)
|
(659)
|
(639)
|
(651)
|
(707)
|
(743)
|
(775)
|
(784)
|
(791)
|
(813)
|
(831)
|
(844)
|
(839)
|
(836)
|
(838)
|
(852)
|
(862)
|
(881)
|
(884)
|
(875)
|
(889)
|
(894)
|
(939)
|
(988)
|
(1 022)
|
(1 066)
|
(1 058)
|
(1 026)
|
(981)
|
(920)
|
(932)
|
(981)
|
(1 053)
|
(1 129)
|
(1 154)
|
(1 159)
|
|
Research & Development |
(1 462)
|
(1 519)
|
(1 540)
|
(1 585)
|
(1 609)
|
(1 585)
|
(1 617)
|
(1 666)
|
(1 736)
|
(1 788)
|
(1 824)
|
(1 802)
|
(1 852)
|
(2 021)
|
(2 141)
|
(2 304)
|
(2 382)
|
(2 385)
|
(2 441)
|
(2 470)
|
(2 550)
|
(2 593)
|
(2 600)
|
(2 607)
|
(2 567)
|
(2 588)
|
(2 663)
|
(2 728)
|
(2 879)
|
(2 982)
|
(3 116)
|
(3 253)
|
(3 249)
|
(3 234)
|
(3 114)
|
(3 110)
|
(3 154)
|
(3 246)
|
(3 430)
|
(3 473)
|
(3 539)
|
|
Other Operating Expenses |
264
|
268
|
29
|
18
|
4
|
6
|
2
|
8
|
14
|
16
|
(5)
|
0
|
12
|
52
|
(11)
|
93
|
31
|
(10)
|
(35)
|
(33)
|
12
|
3
|
(11)
|
(19)
|
(149)
|
(117)
|
(119)
|
(24)
|
37
|
17
|
(7)
|
(30)
|
48
|
38
|
(9)
|
17
|
24
|
18
|
(8)
|
237
|
6
|
|
Operating Income |
3 864
N/A
|
3 650
-6%
|
2 984
-18%
|
2 154
-28%
|
1 302
-40%
|
645
-50%
|
231
-64%
|
370
+60%
|
1 419
+284%
|
3 424
+141%
|
5 864
+71%
|
8 595
+47%
|
11 114
+29%
|
13 092
+18%
|
14 926
+14%
|
15 717
+5%
|
14 158
-10%
|
11 224
-21%
|
7 390
-34%
|
4 112
-44%
|
2 554
-38%
|
2 427
-5%
|
3 060
+26%
|
3 412
+12%
|
3 674
+8%
|
5 034
+37%
|
6 796
+35%
|
8 610
+27%
|
10 449
+21%
|
11 201
+7%
|
9 709
-13%
|
6 885
-29%
|
2 117
-69%
|
(2 536)
N/A
|
(5 459)
-115%
|
(6 369)
-17%
|
(4 170)
+35%
|
(1 840)
+56%
|
1 046
N/A
|
4 606
+340%
|
6 188
+34%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(349)
|
(356)
|
(363)
|
(347)
|
(356)
|
(373)
|
(419)
|
(475)
|
(566)
|
(627)
|
(634)
|
(600)
|
(507)
|
(410)
|
(297)
|
(187)
|
(71)
|
19
|
68
|
63
|
21
|
(32)
|
(88)
|
(121)
|
(139)
|
(101)
|
(64)
|
(67)
|
(78)
|
(97)
|
(67)
|
(17)
|
54
|
74
|
72
|
2
|
(40)
|
(60)
|
(65)
|
(45)
|
(35)
|
|
Non-Reccuring Items |
(137)
|
(133)
|
(34)
|
(28)
|
(36)
|
(22)
|
(67)
|
(78)
|
(7)
|
(80)
|
(25)
|
(211)
|
(301)
|
(396)
|
(317)
|
(237)
|
(348)
|
(506)
|
(410)
|
(345)
|
(221)
|
99
|
(17)
|
(63)
|
(102)
|
(549)
|
(514)
|
(646)
|
(602)
|
(149)
|
(90)
|
(23)
|
(104)
|
(216)
|
(286)
|
(295)
|
0
|
150
|
258
|
0
|
0
|
|
Total Other Income |
37
|
38
|
22
|
20
|
19
|
(8)
|
(26)
|
(28)
|
(36)
|
(10)
|
(9)
|
(9)
|
(3)
|
(4)
|
(5)
|
(5)
|
0
|
2
|
0
|
6
|
5
|
19
|
28
|
35
|
38
|
23
|
0
|
1
|
3
|
(1)
|
19
|
29
|
27
|
31
|
15
|
25
|
14
|
22
|
1
|
(14)
|
(18)
|
|
Pre-Tax Income |
3 415
N/A
|
3 199
-6%
|
2 609
-18%
|
1 799
-31%
|
929
-48%
|
242
-74%
|
(281)
N/A
|
(211)
+25%
|
810
N/A
|
2 707
+234%
|
5 196
+92%
|
7 775
+50%
|
10 303
+33%
|
12 282
+19%
|
14 307
+16%
|
15 288
+7%
|
13 739
-10%
|
10 739
-22%
|
7 048
-34%
|
3 836
-46%
|
2 359
-39%
|
2 513
+7%
|
2 983
+19%
|
3 263
+9%
|
3 471
+6%
|
4 407
+27%
|
6 218
+41%
|
7 898
+27%
|
9 772
+24%
|
10 954
+12%
|
9 571
-13%
|
6 874
-28%
|
2 094
-70%
|
(2 647)
N/A
|
(5 658)
-114%
|
(6 637)
-17%
|
(4 196)
+37%
|
(1 728)
+59%
|
1 240
N/A
|
4 547
+267%
|
6 135
+35%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(107)
|
(139)
|
(157)
|
(78)
|
(36)
|
53
|
(19)
|
(54)
|
(87)
|
(164)
|
(114)
|
(197)
|
(171)
|
(192)
|
(342)
|
(658)
|
(940)
|
(734)
|
(703)
|
(328)
|
(55)
|
(216)
|
(280)
|
(276)
|
(303)
|
(300)
|
(394)
|
(562)
|
(769)
|
(1 062)
|
(888)
|
(677)
|
(476)
|
(257)
|
(177)
|
(242)
|
434
|
196
|
(451)
|
(661)
|
(1 460)
|
|
Income from Continuing Operations |
3 308
|
3 060
|
2 452
|
1 721
|
893
|
295
|
(300)
|
(265)
|
723
|
2 543
|
5 082
|
7 578
|
10 132
|
12 090
|
13 965
|
14 630
|
12 799
|
10 005
|
6 345
|
3 508
|
2 304
|
2 297
|
2 703
|
2 987
|
3 168
|
4 107
|
5 824
|
7 336
|
9 003
|
9 892
|
8 683
|
6 197
|
1 618
|
(2 904)
|
(5 835)
|
(6 879)
|
(3 762)
|
(1 532)
|
789
|
3 886
|
4 675
|
|
Income to Minority Interest |
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(6)
|
(10)
|
(21)
|
(45)
|
(59)
|
(55)
|
(46)
|
(23)
|
(6)
|
(4)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Equity Earnings Affiliates |
586
|
519
|
447
|
382
|
179
|
71
|
25
|
(36)
|
(34)
|
8
|
8
|
10
|
4
|
0
|
(1)
|
0
|
(1)
|
1
|
3
|
5
|
5
|
8
|
7
|
18
|
33
|
24
|
37
|
28
|
21
|
23
|
4
|
(11)
|
(7)
|
(7)
|
2
|
7
|
(5)
|
(7)
|
(11)
|
(4)
|
(3)
|
|
Net Income (Common) |
3 893
N/A
|
3 578
-8%
|
2 899
-19%
|
2 102
-27%
|
1 071
-49%
|
365
-66%
|
(276)
N/A
|
(302)
-9%
|
689
N/A
|
2 551
+270%
|
5 089
+99%
|
7 587
+49%
|
10 002
+32%
|
12 178
+22%
|
14 135
+16%
|
14 750
+4%
|
13 060
-11%
|
10 077
-23%
|
6 313
-37%
|
3 511
-44%
|
2 297
-35%
|
2 260
-2%
|
2 687
+19%
|
2 999
+12%
|
3 197
+7%
|
4 129
+29%
|
5 861
+42%
|
7 364
+26%
|
9 024
+23%
|
9 915
+10%
|
8 687
-12%
|
6 186
-29%
|
1 611
-74%
|
(2 911)
N/A
|
(5 833)
-100%
|
(6 872)
-18%
|
(3 767)
+45%
|
(1 539)
+59%
|
778
N/A
|
3 882
+399%
|
4 672
+20%
|
|
EPS (Diluted) |
3.26
N/A
|
3.05
-6%
|
2.48
-19%
|
1.93
-22%
|
1.03
-47%
|
0.35
-66%
|
-0.27
N/A
|
-0.27
N/A
|
0.59
N/A
|
2.17
+268%
|
4.41
+103%
|
6.19
+40%
|
8.07
+30%
|
9.88
+22%
|
11.5
+16%
|
12.56
+9%
|
11.44
-9%
|
8.92
-22%
|
5.51
-38%
|
3.1
-44%
|
2.02
-35%
|
2
-1%
|
2.38
+19%
|
2.65
+11%
|
2.79
+5%
|
3.6
+29%
|
5.14
+43%
|
6.51
+27%
|
7.98
+23%
|
8.84
+11%
|
7.74
-12%
|
5.67
-27%
|
1.47
-74%
|
-2.68
N/A
|
-5.34
-99%
|
-6.24
-17%
|
-3.38
+46%
|
-1.37
+59%
|
0.7
N/A
|
3.45
+393%
|
4.16
+21%
|