← MICRON TECHNOLOGY INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $12.4b $20.3b $30.4b $23.4b $21.4b $27.7b $30.8b $15.5b $25.1b $37.4b
Cost of Revenue $9.9b $11.9b $12.5b $12.7b $14.9b $17.3b $16.9b $9.6b $19.5b $22.5b
Cost of goods sold $9.9b $11.9b $12.5b $12.7b $14.9b $17.3b $16.9b $17.0b $19.5b $22.5b
Gross Profit $2.5b $8.4b $17.9b $10.7b $6.6b $10.4b $13.9b ($1.4b) $5.6b $14.9b
Research and development $1.6b $1.8b $2.1b $2.4b $2.6b $2.7b $3.1b $3.1b $3.4b $3.8b
Selling, general, and administrative $659.0m $743.0m $813.0m $836.0m $881.0m $894.0m $1.1b $920.0m $1.1b $1.2b
Operating expenses:
Operating Income (Loss) $168.0m $5.9b $15.0b $7.4b $3.0b $6.3b $9.7b ($5.7b) $1.3b $9.8b
Additional Financial Items
Amortization of Intangible Assets $117.0m $106.0m — — — $82.0m $85.0m $86.0m $82.0m $71.0m
Basic (in shares) $1.0b $1.1b $1.2b $1.1b $1.1b $1.1b $1.1b $1.1b $1.1b $1.1b
Diluted (in shares) $1.0b $1.2b $1.2b $1.1b $1.1b $1.1b $1.1b $1.1b $1.1b $1.1b
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — — — $7.0m $32.0m $10.0m
Foreign Currency Transaction Gain (Loss), before Tax ($24.0m) ($74.0m) ($75.0m) ($9.0m) ($8.0m) — — — — ($72.0m)
Gain (Loss) Related to Litigation Settlement $0 — — — — — — — — —
Gain (Loss) on Investments — — — — — $82.0m $26.0m ($8.0m) — —
Goodwill, Impairment Loss — — — — — — — $101.0m $0 $0
Gross margin $2.5b $8.4b $17.9b $10.7b $6.6b $10.4b $13.9b ($1.4b) $5.6b $14.9b
Income (Loss) from Continuing Operations before Income Taxes, Domestic $72.0m ($56.0m) $141.0m ($67.0m) $308.0m ($211.0m) $112.0m $235.0m $544.0m $686.0m
Income (Loss) from Equity Method Investments $25.0m $8.0m ($1.0m) $3.0m $7.0m $37.0m $4.0m $2.0m ($11.0m) $9.0m
Income tax (provision) benefit ($19.0m) ($114.0m) ($168.0m) ($693.0m) ($280.0m) ($394.0m) ($888.0m) ($177.0m) ($451.0m) ($1.1b)
Interest income $42.0m $41.0m $120.0m $205.0m $114.0m $37.0m $96.0m $468.0m $529.0m $496.0m
Litigation Settlement Loss — — — — — — — — $0 $0
Restructure and asset impairments $67.0m $18.0m — ($29.0m) $60.0m $488.0m $48.0m $171.0m $1.0m $39.0m
Investment Income, Net $42.0m $41.0m $120.0m $205.0m $114.0m $37.0m $96.0m $468.0m $529.0m $496.0m
Equity in net income (loss) of equity method investees $25.0m $8.0m ($1.0m) $3.0m $7.0m $37.0m $4.0m $2.0m ($11.0m) $9.0m
Income (loss) before income taxes and equity in net income (loss) of equity method investees ($281.0m) $5.2b $14.3b $7.0b $3.0b $6.2b $9.6b ($5.7b) $1.2b $9.7b
Net Income (Loss) Attributable to Parent ($276.0m) $5.1b $14.1b $6.3b $2.7b $5.9b $8.7b ($5.8b) $778.0m $8.5b
Net Income (Loss) Attributable to Noncontrolling Interest $1.0m $1.0m $3.0m $45.0m $23.0m $0 $0 — — —
Common Stock, Dividends, Per Share, Declared ($0.27) $4.67 $12.27 $5.67 $2.42 $5.23 $0.32 $0.46 $0.46 $0.46
Earnings Per Share, Basic ($0.27) $4.67 $12.27 $5.67 $2.42 $5.23 $7.81 ($5.34) $0.70 $7.65
Earnings Per Share, Diluted ($0.27) $4.41 $11.51 $5.51 $2.37 $5.14 $7.75 ($5.34) $0.70 $7.59
Weighted Average Number of Shares Outstanding, Basic 1.0b 1.1b 1.2b 1.1b 1.1b 1.1b 1.1b 1.1b 1.1b 1.1b
Weighted Average Number of Shares Outstanding, Diluted 1.0b 1.2b 1.2b 1.1b 1.1b 1.1b 1.1b 1.1b 1.1b 1.1b
Current Income Tax Expense (Benefit) $28.0m $153.0m $427.0m $357.0m $170.0m $413.0m $594.0m $184.0m $416.0m $960.0m
Interest Expense $437.0m $601.0m $342.0m $128.0m $194.0m $183.0m $189.0m $388.0m $562.0m $477.0m
Interest Expense (non-operating) — — — — — — — — $562.0m $477.0m
Other Nonoperating Income (Expense) ($54.0m) ($112.0m) ($465.0m) ($405.0m) $60.0m $81.0m ($38.0m) $7.0m ($31.0m) ($135.0m)
Other non-operating income (expense), net ($54.0m) ($112.0m) ($465.0m) ($405.0m) $60.0m $81.0m ($38.0m) $7.0m ($31.0m) ($135.0m)
Research and Development Expense $1.6b $1.8b $2.1b $2.4b $2.6b $2.7b $3.1b $3.1b $3.4b $3.8b
Restructuring and Related Cost, Incurred Cost — — — — — — — $171.0m — —
Selling, General and Administrative Expense $659.0m $743.0m $813.0m $836.0m $881.0m $894.0m $1.1b $920.0m $1.1b $1.2b
Income Tax Expense (Benefit) $19.0m $114.0m $168.0m $693.0m $280.0m $394.0m $888.0m $177.0m $451.0m $1.1b
Other Operating Income (Expense), Net $6.0m $17.0m $57.0m ($49.0m) ($68.0m) ($95.0m) $34.0m ($124.0m) $251.0m ($61.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.