Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general, and administrative

Research and development

Restructure and asset impairments

Other operating expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Micron Technology

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute & Networking Business Unit (CNBU), Mobile Business Unit (MBU), Storage Business Unit (SBU), and Embedded Business Unit (EBU). The CNBU segment includes memory products sold into cloud server, enterprise, client, graphics, and networking markets. The MBU segment offers memory products sold into smartphone and other mobile-device markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets, and other discrete storage products sold in component and wafer forms. The EBU segment consists of memory and storage products sold into automotive, industrial, and consumer markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978, and is headquartered in Boise, ID.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Micron exceeds Q3 expectations amidst China uncertainty and inventory challenges

Micron's fiscal Q3 performance was strong, with revenue, gross margin, and EPS exceeding expectations. The company faces challenges due to the uncertain impact of the CAC decision in China and inventory write-downs. However, Micron's focus on technology leadership, investments in high-bandwidth memory products, and strategies to mitigate share loss present opportunities for future growth.

Micron tackles pricing challenges, eyes growth in data center

Micron navigated Q2 challenges with supply reduction measures and cost controls, aiming for normalized growth and profitability.
Despite facing pricing pressures, the company remains a leader in DRAM and NAND technology, with strong customer relationships and growth opportunities.
Anticipating recovery in industry profitability and free cash flow in fiscal 2024, bolstered liquidity and confident in supply actions for NAND business.
Transition to DDR5 technology and market opportunities in data center present growth potential, with a focus on improving margins through FY '24.

Micron Technology manages challenges, leverages innovation for growth

Micron Technology navigates challenges from the CAC ruling and cash flow dynamics while focusing on innovation, partnerships, and operational efficiencies.
The company faces inventory and margin challenges in the short term but aims to capitalize on growth opportunities in low-power memory products and high-capacity modules.
Despite industry TAM reductions, Micron's strategic positioning and supply management efforts position it well to address market demands and drive revenue growth.
Overall, Micron's performance reflects a balance of challenges, strengths, and opportunities in the evolving semiconductor market landscape.

Micron Technology navigates underutilization challenges, eyes positive gross margin

Micron Technology faces challenges with underutilization charges impacting earnings but is strategically investing in high-value segments and newer technologies to drive growth. The company expects positive gross margin in the second half of fiscal '24 and anticipates demand to return as customer inventories normalize.

Micron Technology anticipates pricing improvements for 2024 amidst challenges

Micron Technology's Q1 2024 earnings call showcased a focus on cost efficiencies, pricing improvements, and gross margin expansion, despite industry-wide challenges and inventory normalization delays.

Micron Technology reports solid Q2 performance amidst market challenges

Micron Technology's Q2 2024 performance reflects a focus on maintaining market share, disciplined investments, and meeting customer demands amidst challenges and opportunities.
The company's strengths in strong HBM demand, customer engagements, and strategic CapEx decisions position it for growth and margin profile improvements.
While facing challenges such as capacity constraints and cost structure improvements, Micron is leveraging opportunities in HBM demand, investments in NAND, and margin expansion strategies.

Micron Q3 2024: Strong HBM Focus, CapEx Expansion

Micron Technology's Q3 2024 earnings call highlighted a strategic focus on HBM market share growth and a significant CapEx ramp-up for technology transitions. The company is managing its inventory levels to match market demand, particularly in high-value sectors, and is seeing improvements in NAND profitability. Challenges remain with new U.S. projects and rising operating expenses, but opportunities in AI-driven demand and customer engagements present avenues for growth.

Micron Technology forecasts growth in AI servers and improved inventory management for fiscal '25

Micron Technology projects growth in AI servers and improved inventory management in fiscal '25. The company is strategically focusing on high-profit segments and technological advancements in DRAM bit shipments. Challenges include managing risks during margin expansion and transitioning DDR4 shipments to DDR5 and LP5.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment is involved in memory and storage products sold into smartphone and other mobile-device markets. The EBU segment focuses on memory and storage products sold into automotive, industrial, and consumer Markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978 and is headquartered in Boise, ID.

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QUALCOMM

Japan was following the U.S. in preventing semiconductor manufacturing equipment from being sent to China.

Chip Stocks Fall After China's Complaint on Japan's Rules

Nvidia, Intel, Micron Fall After China Calls Foul on Japanese Chip Restrictions

Beijing's security review of Micron Technology, which has deep roots in China, could have wide-ranging ramifications for other foreign businesses.

China Strikes Back at Micron Technology Even as It Signals Openness

The U.S. and China chip battle continues to escalate. In China, the country's cybersecurity watchdog has initiated a probe into U.S. memory chip maker Micron Technology, according to a statement from the Cyberspace Administration of China (CAC) released on Friday.

China probes Micron for cybersecurity risks, urges Japan to stay out of U.S. chip export curbs

Micron Technology Inc on Monday said that its business operations in China are normal while it is cooperating with a Chinese government cybersecurity review of its products.

Micron says operations normal in China amid government review

New Street Research analyst Pierre Ferragut says China may look to hit back at wireless chips in general, and Qualcomm in particular.

The Next Chip Stock Most at Risk in the U.S.-China Chip War, Says Analyst

U.S.-China relations continued to be contentious, and the biggest casualties continue to be businesses in both countries. Recently, there's been an investigation into U.S. semiconductor chip manufacturer Micron Technologies ( MU , Financial) by the Cyberspace Administration of China (CAC), which could result in a possible ban of sales in the country.

Is Micron in Danger From U.S.-China Tech Bans?

Chinese authorities have begun an investigation into leading US memory chipmaker Micron Technology, a decision Beijing's foreign ministry said Monday was intended to "safeguard national security".

China launches security probe into US chipmaker Micron

China's cybersecurity regulator's moves of reviewing Micron's (MU) products can be seen as a retaliatory action by China against the U.S. government's increasing restrictions on Chinese access to advanced semiconductor technology.

Micron (MU) Caught in the Cross Fire of US-China Tech War

Two competitively advantaged companies reported dismal earnings last week. Each of these companies plays in a cyclical sector that has been beaten up over the past year.

These Value Stocks Had Terrible Earnings Last Week: Here's Why I'm Buying Anyway

Micron's Q2 numbers broadly missed Wall Street's expectations. It expects its downturn to worsen in the third quarter.

Where Will Micron Technology's Stock Be in 1 Year?

China's investigation into the computer-memory maker has sparked fears that Beijing is finally retaliating for the U.S. chip export restrictions.

Micron Gets Caught in U.S.-China Crossfire

China has launched a cybersecurity probe into Micron Technology, one of America's largest memory chip makers, in apparent retaliation after US allies in Asia and Europe announced new restrictions on the sale of key technology to Beijing.

Micron Technology: China probes US chip maker for cybersecurity risks as tech tension escalates

Micron just turned in a horrendous earnings report, and the next quarter's outlook wasn't much better. Shares of Micron have bottomed as indications point toward a resumption of growth in the second half of 2023.

Did Micron Just Signal the Semiconductor Downturn Is Over?

Micron shares face turbulence as China's cybersecurity review raises concerns about potential bans and broader implications for the tech sector.

Cybersecurity Storm Brews for Micron

Micron is experiencing the worst industry downturn in 13 years. Management is taking aggressive action to match supply and demand, putting the company much closer to returning to revenue growth.

2 Reasons It's Time to Buy Micron Stock

Micron Technology is suffering from a classic commodity market downturn, with a significant impact on prices. The company has high capital requirements, which devastate profits. Micron has suspended buybacks after purchasing billions above the current price. What's remaining is a token dividend of less than 1% and no net cash position.

Micron Is Grossly Overvalued With No Room For Error

A spokesperson for Micron Technology Inc. MU, -4.45% said that the company is aware that the Cyberspace Administration of China has announced its intent to pursue a cybersecurity review of the products Micron sells in China. “We are in communication with the CAC and are cooperating fully,” the spokesperson said.

Micron stock slumps as China launches cybersecurity review, but company says it stands by its product security

The move is likely to put global firms operating in China further on edge at a time of escalating tension between Beijing and Washington.

China Opens Cybersecurity Probe of Micron Amid Competition With U.S. Over Technology

China's cyberspace regulator will conduct a cybersecurity review on products sold in China by U.S. memory chip manufacturer Micron Technology , the regulator said on Friday.

China to conduct cybersecurity review on chipmaker Micron's products

China accounted for more than 10% of Micron's revenue in 2022. The move by regulators confirms a fear raised by the company earlier this year.

Micron Stock Tumbles After China Says It Will Review Chip Sales in Key Market

We continue to be bullish on Micron for long-term investors. We expect DRAM industry demand-supply dynamics to come into balance towards the end of 2H23, improving Micron's financial performance.

Micron: Headed North As DRAM Dynamics Improve

Micron believes its inventory days have peaked, and management has long-term bullish views thanks to the increased demand for AI workloads.

Why Micron Stock Surged After Disappointing Earnings

Micron Technology Inc. MU moves higher on solid results and has the analysts doubling down on their outlook. The Q2 results were a bit of a surprise but show that the bottom in the memory chip market is close and that the long-term outlook remains favorable.

Micron Technology Goes On Breakout Watch: What Stock's Chart Reveals

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News for Micron Technology Stock (MU)