Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, and networking markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

Micron Technology, Inc.

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Net Income Attributable to Noncontrolling Interests

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Net Income Attributable to Micron

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Net Income Attributable to Minority Interests and Other

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EBIT

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Income Statement	Aug '25	Feb '25	Aug '24	Feb '24	Aug '23	Mar '23
Total Revenues	20,616	16,762	14,561	10,550	7,762	7,778
Total Revenues %Chg	41.6%	58.9%	87.6%	35.6%	-49.2%	-49.7%
Revenue
Cost of Sales	12,054	10,451	9,992	9,506	8,865	8,091
Cost of Goods Sold
Gross Profit	8,562	6,311	4,569	1,044	-1,103	-313
Gross Margin
Gross Profit Margin	41.5%	37.7%	31.4%	9.9%	-14.2%	-4%
Selling, General & Administrative Expenses	632	573	586	543	438	482
Selling, General, and Administrative
Research & Development Expenses	2,012	1,786	1,753	1,677	1,477	1,637
Research and Development
Other Operating Expenses	95	5	-11	-239	215	80
Restructure and Asset Impairments
Other Operating Expense, Net
Operating Profit	5,823	3,947	2,241	-937	-3,233	-2,512
Operating Income
Operating Margin	28.2%	23.5%	15.4%	-8.9%	-41.7%	-32.3%
Interest and Investment Income	287	218	261	257	261	209
Interest Income
Equity in Net Income of Equity Method Investees
Interest Expense	-247	-230	-286	-276	-248	-140
Interest Expense
Non-Operating Income	-113	-22	3	-34	9	-2
Other Non-Operating Income, Net
Total Non-Operating Income	-73	-34	-22	-53	22	67
Income Before Provision for Income Taxes	5,744	3,910	2,225	-985	-3,211	-2,447
Income Before Income Taxes
Provision for Income Taxes	664	460	1,000	-549	115	62
Income Tax Provision (Benefit)
Consolidated Net Income	5,086	3,453	1,219	-441	-3,326	-2,507
Net Income
Net Income Attributable to Minority Interests and Other	—	—	—	—	—	—
Net Income Attributable to Noncontrolling Interests
Net Income Attributable to Common Shareholders	5,086	3,453	1,219	-441	-3,326	-2,507
Net Income Attributable to Micron
Basic EPS	4.6	3.1	1.1	-0.4	-3	-2.3
Diluted EPS	4.5	3.1	1.1	-0.4	-3	-2.3
Basic Weighted Average Shares Outstanding	1,119	1,113	1,108	1,102	1,095	1,091
Total Shares Outstanding	1,122	1,118	1,109	1,104	1,098	1,095
Diluted Weighted Average Shares Outstanding	1,127	1,123	1,134	1,102	1,095	1,091
EBITDA	10,066	8,056	6,182	2,902	660	1,351
Effective Tax Rate	11.6%	11.8%	44.9%	55.7%	-3.6%	-2.5%