Micron Technology annual reports

Micron Technology MU

Micron Technology fiscal 2025 annual report

Fiscal 2025 (ended Aug 28, 2025) · Filed Oct 3, 2025Original

An annual report (10-K, or 20-F for a foreign company) is the business report a US-listed company files with the SEC every year.

How much did Micron Technology sell in fiscal 2025?

As stated in annual reports · fiscal 2021–2025

Fiscal 2025 revenue

$37.4B+48.9% vs prior year

Net income $8.5B · 22.8% of revenue

Micron Technology revenue and net income by fiscal year
Micron Technology revenue and net income by fiscal year
Fiscal yearRevenueNet income
2021$27.7B$5.9B
2022$30.8B$8.7B
2023$15.5B−$5.8B
2024$25.1B$778M
2025$37.4B$8.5B
Fiscal 2025 (ended Aug 28, 2025) · Filed Oct 3, 2025Whalegun
Revenue
$37.4B
+48.9% vs prior year
Operating income
$9.8B
26.1% of revenue
Net income
$8.5B
+997.6% vs prior year
Diluted EPS
$7.59
Operating cash flow
$17.5B
Free cash flow
$1.7B

Key points the company states

Micron sells DRAM, NAND and NOR memory through four business units

  • Micron sells DRAM, NAND and NOR memory and storage under the Micron and Crucial brands.
  • Fiscal 2025 DRAM revenue was $28.58 billion and NAND revenue was $8.50 billion.
  • Business unit revenue was $13.52 billion for CMBU, $11.86 billion for MCBU, $7.23 billion for CDBU and $4.75 billion for AEBU.

Micron's fiscal 2025 revenue rose 49% to $37.38 billion

  • Revenue rose 49% to $37.38 billion, which the company attributes to higher DRAM and NAND sales.
  • DRAM sales rose 62% and NAND sales rose 18%.
  • Gross margin percentage improved to 40% from 22% in fiscal 2024.