Micron Technology, Inc. (MU) Earnings History
Elite Compounder37 years of earnings data (1989–2025) · 5-year EPS CAGR exceeds 18% — top-tier earnings quality
Loading earnings history...
Micron Technology, Inc. (MU) Earnings Overview
As of June 21, 2026, Micron Technology, Inc. (MU) reported trailing twelve-month net income of $24.11B, reflecting +984.3% year-over-year growth. The company earned $21.15 per diluted share over the past four quarters, with a net profit margin of 22.8%.
Looking at the long-term picture, MU's 5-year EPS compound annual growth rate (CAGR) stands at +26.2%, indicating exceptional earnings growth. The company achieved its highest annual net income of $14.13B in fiscal 2018.
Micron Technology, Inc. maintains industry-leading profitability with a gross margin of 39.8%, operating margin of 26.4%, and net margin of 22.8%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including INTC (-$3.17B net income, -0.5% margin), WDC ($6.49B net income, 19.5% margin), STX ($2.38B net income, 16.1% margin), MU has outperformed on profitability metrics. Compare MU vs INTC →
MU Earnings vs Peers
Earnings metrics vs comparable public companies
MU Historical Earnings Data (1989–2025)
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $8.54B | +997.6% | $9.87B | $7.59 | 22.8% | 26.4% |
| 2024 | $778M | +113.3% | $1.30B | $0.70 | 3.1% | 5.2% |
| 2023 | -$5.83B | -167.1% | -$5.75B | $-5.34 | -37.5% | -37.0% |
| 2022 | $8.69B | +48.2% | $9.70B | $7.74 | 28.2% | 31.5% |
| 2021 | $5.86B | +118.1% | $6.28B | $5.14 | 21.2% | 22.7% |
| 2020 | $2.69B | -57.4% | $3.00B | $2.37 | 12.5% | 14.0% |
| 2019 | $6.31B | -55.3% | $7.38B | $5.52 | 27.0% | 31.5% |
| 2018 | $14.13B | +177.8% | $14.99B | $11.50 | 46.5% | 49.3% |
| 2017 | $5.09B | +1943.8% | $5.87B | $4.41 | 25.0% | 28.9% |
| 2016 | -$276M | -109.5% | $168M | $-0.27 | -2.2% | 1.4% |
| 2015 | $2.90B | -4.8% | $3.00B | $2.47 | 17.9% | 18.5% |
| 2014 | $3.04B | +155.9% | $3.09B | $2.54 | 18.6% | 18.9% |
| 2013 | $1.19B | +215.3% | $450M | $1.13 | 13.1% | 5.0% |
| 2012 | -$1.03B | -718.0% | -$618M | $-1.04 | -12.5% | -7.5% |
| 2011 | $167M | -91.0% | $755M | $0.17 | 1.9% | 8.6% |
| 2010 | $1.85B | +198.3% | $1.59B | $1.85 | 21.8% | 18.7% |
| 2009 | -$1.88B | -16.2% | -$1.68B | $-2.35 | -39.2% | -34.9% |
| 2008 | -$1.62B | -405.9% | -$1.59B | $-2.10 | -27.7% | -27.3% |
| 2007 | -$320M | -178.4% | -$280M | $-0.42 | -5.6% | -4.9% |
| 2006 | $408M | +117.0% | $350M | $0.57 | 7.7% | 6.6% |
| 2005 | $188M | +19.6% | $218M | $0.29 | 3.9% | 4.5% |
| 2004 | $157M | +112.3% | $250M | $0.24 | 3.6% | 5.7% |
| 2003 | -$1.27B | -40.4% | -$1.19B | $-2.10 | -41.2% | -38.4% |
| 2002 | -$907M | -45.1% | -$1.03B | $-1.51 | -35.0% | -39.6% |
| 2001 | -$625M | -141.6% | -$977M | $-1.06 | -15.9% | -24.8% |
| 2000 | $1.50B | +2283.2% | $2.29B | $2.56 | 20.5% | 31.3% |
| 1999 | -$69M | +70.5% | -$47M | $-0.13 | -1.8% | -1.2% |
| 1998 | -$234M | -170.3% | -$494M | $-0.55 | -7.8% | -16.4% |
| 1997 | $332M | -44.0% | $402M | $0.72 | 9.4% | 11.4% |
| 1996 | $594M | -29.7% | $945M | $1.38 | 16.2% | 25.8% |
| 1995 | $844M | +110.8% | $1.30B | $1.95 | 28.6% | 43.9% |
| 1994 | $401M | +284.7% | $620M | $0.95 | 24.6% | 38.1% |
| 1993 | $104M | +1477.3% | $166M | $0.26 | 12.6% | 20.0% |
| 1992 | $7M | +29.4% | $14M | $0.02 | 1.3% | 2.7% |
| 1991 | $5M | +4.1% | $12M | $0.02 | 1.2% | 2.8% |
| 1990 | $5M | -95.4% | $4M | $0.02 | 1.5% | 1.1% |
| 1989 | $106M | - | $150M | $0.29 | 23.8% | 33.7% |
Download Data
Export MU earnings history in CSV or JSON format
Free sign-in required to download data
Full Stock Analysis
Deep dive into MU consensus models and risk factors.
Should I Buy MU?
Wall Street verdict, signals, and target summaries.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
37+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
MU — Frequently Asked Questions
Quick answers to the most common questions about buying MU stock.
What is MU earnings per share (EPS)?
MU trailing twelve-month (TTM) diluted EPS is $21.15, reflecting +984.3% year-over-year growth. The 5-year EPS CAGR is +26.2%. Complete EPS history from 1989 to 2025 is available in the table on this page.
What is Micron Technology, Inc.'s net income?
Micron Technology, Inc. (MU) trailing twelve-month net income is $24.1B as of 2025. Earnings grew +984.3% year-over-year. Micron Technology, Inc. has been profitable for 2 consecutive years.
Is MU profitable?
Yes, MU is profitable with a TTM net income of $24.1B and a net profit margin of +22.8%. Micron Technology, Inc. has generated profits for 2 consecutive years.
What is MU's earnings growth rate?
MU compound annual EPS growth rates (CAGR): 1-Year: +984.3%, 3-Year: -0.7%, 5-Year: +26.2%, 10-Year: +11.9%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1989 to 2025.
What are MU's profit margins?
Micron Technology, Inc. net profit margin is +22.8%, operating margin is +26.4%, and gross margin is +39.8%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +17.2%.
Is MU growing earnings?
Yes, MU earnings are accelerating — EPS growth of +984.3% exceeds the 5-year CAGR of +26.2%. TTM net income reached $24.1B. Earnings momentum is strengthening.
What was MU's best earnings year?
Micron Technology, Inc.'s highest annual net income on record is $14.1B, achieved in fiscal year 2018. Earnings history on this page spans 1989 to 2025 and includes all annual and quarterly figures.
What were MU's earnings last quarter?
MU's most recent reported quarter was Q2 2026. Net income was $13.8B with diluted EPS of $12.08. For a full breakdown of all quarters, see the quarterly earnings table on this page.