Micron Technology, Inc. (MU) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2025)
MU's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MU Revenue Analysis (2014–2025)
As of February 28, 2026, Micron Technology, Inc. (MU) generated trailing twelve-month (TTM) revenue of $42.31 billion, reflecting explosive growth of +56.7% year-over-year. The most recent quarter (Q1 2026) recorded $13.64 billion in revenue, up 20.6% sequentially.
Looking at the longer-term picture, MU's 5-year compound annual growth rate (CAGR) stands at +11.8%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $37.38 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows MU's business is primarily driven by DRAM Products (77%), and NAND Products (23%). With over half of revenue concentrated in DRAM Products, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including SIMO (+10.3% YoY), GSIT (+22.0% YoY), and MRAM (-0.4% YoY), MU has outperformed the peer group in terms of revenue growth. Compare MU vs SIMO →
Peer Comparison
Compare MU's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MUCurrent | $42.3B | +56.7% | +11.8% | 26.4% | |
| SIMO | $886M | +10.3% | +10.4% | 10.5% | |
| GSIT | $21M | +22.0% | -13.9% | -52.8% | |
| MRAM | $50M | -0.4% | +6.1% | -14.1% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $37.38B | +48.9% | $14.87B | 39.8% | $9.87B | 26.4% |
| 2024 | $25.11B | +61.6% | $5.61B | 22.4% | $1.30B | 5.2% |
| 2023 | $15.54B | -49.5% | $-1,416,000,000 | -9.1% | $-5,745,000,000 | -37.0% |
| 2022 | $30.76B | +11.0% | $13.90B | 45.2% | $9.70B | 31.5% |
| 2021 | $27.70B | +29.3% | $10.42B | 37.6% | $6.28B | 22.7% |
| 2020 | $21.43B | -8.4% | $6.55B | 30.6% | $3.00B | 14.0% |
| 2019 | $23.41B | -23.0% | $10.70B | 45.7% | $7.38B | 31.5% |
| 2018 | $30.39B | +49.5% | $17.89B | 58.9% | $14.99B | 49.3% |
| 2017 | $20.32B | +63.9% | $8.44B | 41.5% | $5.87B | 28.9% |
| 2016 | $12.40B | -23.4% | $2.50B | 20.2% | $168.0M | 1.4% |
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Start ComparisonFrequently Asked Questions
Is MU's revenue growth accelerating or slowing?
MU revenue is accelerating at +56.7% year-over-year, exceeding the 5-year CAGR of +11.8%. TTM revenue reached $42.3B. Growth momentum has increased versus prior periods.
What is MU's long-term revenue growth rate?
Micron Technology, Inc.'s 5-year revenue CAGR of +11.8% reflects the sustained expansion pattern. Current YoY growth of +56.7% is above this long-term average.
How is MU's revenue distributed by segment?
MU reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.