micron revenue and net income
7 days ago
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Micron (MU) — Revenue and Net Income (FY21–FY25, Annual; FY26 partial)
| $B | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 Q1 |
|---|---|---|---|---|---|---|
| Revenue | 27.71 | 30.76 | 15.54 | 25.11 | 37.38 | 23.86 |
| Net Income | 5.86 | 8.69 | -5.83 | 0.78 | 8.54 | 13.79 |
Micron's fiscal year ends in August. After the FY23 memory downturn (peak-to-trough revenue decline of ~50% with a net loss of $5.8B), FY24 marked the inflection back to profitability, and FY25 saw revenue surpass the prior FY22 peak. The FY26 Q1 print (Nov 2025 quarter, reported Feb 2026) is a step-change — driven by the AI-driven HBM ramp — with net income of $13.79B already exceeding full-year FY25.
7 days ago