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Micron Technology, Inc. (MU)
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Micron Technology, Inc. (MU) Net Income

The annual net income for Micron Technology, Inc. (MU) is $8.54 Billion with a year-over-year change of +997.56%. Net income represents the company's bottom line profit after all expenses, taxes, and interest.

Annual Net Income (TTM)

$8.54B

$8.54 Billion

Year-over-Year Change

+997.56%

vs. $778.00M prior year

Net Income CAGR

+48.95%

5 Year compound annual growth rate

Net Income CAGR (Compound Annual Growth Rate)

1 Year

+333.28%

3 Year

+52.21%

5 Year

+48.95%

10 Year

+26.92%

15 Year

+18.56%

20 Year

+31.42%

CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.

Annual Net Income History

YearNet IncomeYoY Change% Change
2025$8.54B+$7.76B+997.56%
2024$778.00M+$6.61B
2023($5.83B)($14.52B)(167.15%)
2022$8.69B+$2.83B+48.22%
2021$5.86B+$3.17B+118.12%
2020$2.69B($3.63B)(57.44%)
2019$6.31B($7.82B)(55.34%)
2018$14.13B+$9.05B+177.76%
2017$5.09B+$5.37B
2016($276.00M)($3.17B)(109.52%)

Net Income Growth Summary

TTM Growth

+333.28%

3-Year Avg Growth

+52.21%

5-Year Avg Growth

+48.95%

Data as of Wednesday, June 10, 2026

About Micron Technology, Inc.

Micron Technology, Inc. is a global leader specializing in the development, manufacture, and sale of advanced semiconductor memory and storage solutions. Its operations are structured across four primary business segments: Compute and Networking, Mobile, Storage, and Embedded. The company's product portfolio encompasses a range of memory and data storage technologies. These include high-speed, low-latency Dynamic Random Access Memory (DRAM) components for rapid data retrieval; non-volatile, re-programmable NAND flash storage devices; and fast-read, non-volatile, re-writable NOR memory chips. These innovative solutions are offered under its well-known Micron and Crucial brands, as well as through private label partnerships. Micron's extensive offerings cater to a diverse array of markets and applications. This includes critical infrastructure like cloud servers and enterprise data centers, personal computing (client and graphics), mobile devices such as smartphones, networking equipment, automotive systems, industrial applications, and various consumer electronics. The company utilizes a multi-faceted approach to market its products, employing a direct sales force, independent sales representatives, and a network of distributors and retailers. Additionally, it leverages a web-based direct sales channel and collaborates with various channel and distribution partners. Founded in 1978, Micron Technology, Inc. is headquartered in Boise, Idaho.

Boise, ID
48,000 employees
Technology / Semiconductors
Sector
Technology
Industry
Semiconductors
CEO
Sanjay Mehrotra