Micron Technology, Inc.

(NASDAQ Global Select)
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Very Bullish +95

MU β€” Micron Technology, Inc. financials, 10-year statements & ratios

Dividend Earnings report AI-generated analysis

πŸ“ˆ Micron Technology reported fiscal 2025 revenue of $37.4 billion, marking a substantial 48.9% increase from the prior year.

πŸ’° In Q3 FY2026 ending May 31, 2026, revenue surged to $41.5 billion with net income reaching $28.2 billion.

πŸš€ Free cash flow exploded by 951.0% in the quarter ended May 2026, totaling $17.6 billion against the prior year.

πŸ’Έ Total debt decreased significantly by 63.2%, while net debt turned negative at -$20.3 billion as of Q3 FY2026.

πŸ“Š As of September 24, 2026, the company holds a market capitalization of $1.22 trillion with a P/E ratio of 24.1x.

πŸ† Micron has achieved five consecutive years of dividend growth and three years of revenue growth streaks.

Bullish Signals
  • Micron Technology reported fiscal 2025 revenue of $37.4 billion, a massive 48.9% increase from fiscal 2024.
  • In Q3 FY2026, revenue jumped to $41.5 billion while net income soared to $28.2 billion.
  • Free cash flow grew by an extraordinary 951.0% in the quarter ended May 2026 to reach $17.6 billion.
  • The company reduced its total debt by 63.2%, achieving a negative net debt position of -$20.3 billion.
  • Micron maintains a market capitalization of $1.22 trillion with a P/E ratio of 24.1x as of September 2026.
  • The company has successfully increased dividends for five consecutive years and revenue for three consecutive years.
Full Analysis
Micron Technology, Inc. reported robust financial performance for fiscal year 2025, ending in August 2025, with revenue reaching $37.4 billion, representing a significant 48.9% increase from the previous fiscal year. The company also demonstrated strong profitability metrics, recording net income of $8.5 billion and free cash flow of $1.7 billion for the period. This growth trajectory aligns with Micron's status as a member of both the S&P 500 and Nasdaq 100 indices. In the quarter ending May 31, 2026 (Q3 FY2026), Micron delivered exceptional results with revenue surging to $41.5 billion, a 345.7% year-over-year increase. Net income for this specific quarter skyrocketed to $28.2 billion, while free cash flow jumped to $17.6 billion, reflecting a massive 951.0% growth compared to the same quarter a year prior. These figures highlight a dramatic turnaround or expansion in the semiconductor market during this period. The company's balance sheet has strengthened considerably, with total debt falling by 63.2% and net debt turning negative at -$20.3 billion as of Q3 FY2026, indicating substantial cash reserves relative to obligations. As of September 24, 2026, Micron's market capitalization stood at $1.22 trillion, supported by valuation multiples including a P/E ratio of 24.1x and a price-to-sales ratio of 13.5x. The company has also maintained a streak of dividend growth for five consecutive years.