Net Income for Micron Technology (MU)
According to Micron Technology's latest reported financial statements, the company's current net income (TTM) is $24.11B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$24.11B
YoY change
+997.6%
5Y CAGR
+26.0%
Peak year (2018)
$14.13B
Cumulative net income
$51.87B
Net Income history chart for Micron Technology (MU) from 1985 to 2025
Net Income history table for Micron Technology (MU) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $8.54B | +997.6% | ||
| 2024 | $778.00M | -113.3% | ||
| 2023 | -$5.83B | -167.1% | ||
| 2022 | $8.69B | +48.2% | ||
| 2021 | $5.86B | +118.1% | ||
| 2020 | $2.69B | -57.4% | ||
| 2019 | $6.31B | -55.3% | ||
| 2018 | $14.13B | +177.8% | ||
| 2017 | $5.09B | -1943.8% | ||
| 2016 | -$276.00M | -109.5% | ||
| 2015 | $2.90B | -4.8% | ||
| 2014 | $3.04B | +155.9% | ||
| 2013 | $1.19B | -215.3% | ||
| 2012 | -$1.03B | -718.0% | ||
| 2011 | $167.00M | -91.0% | ||
| 2010 | $1.85B | -198.3% | ||
| 2009 | -$1.88B | +16.2% | ||
| 2008 | -$1.62B | +405.9% | ||
| 2007 | -$320.00M | -178.4% | ||
| 2006 | $408.00M | +117.0% | ||
| 2005 | $188.00M | +19.6% | ||
| 2004 | $157.20M | -112.3% | ||
| 2003 | -$1.27B | +40.4% | ||
| 2002 | -$907.00M | +45.1% | ||
| 2001 | -$625.00M | -141.6% | ||
| 2000 | $1.50B | -2283.2% | ||
| 1999 | -$68.90M | -70.5% | ||
| 1998 | -$233.70M | -170.3% | ||
| 1997 | $332.20M | -44.0% | ||
| 1996 | $593.50M | -29.7% | ||
| 1995 | $844.10M | +110.8% | ||
| 1994 | $400.50M | +284.7% | ||
| 1993 | $104.10M | +1477.3% | ||
| 1992 | $6.60M | +29.4% | ||
| 1991 | $5.10M | +4.1% | ||
| 1990 | $4.90M | -95.4% | ||
| 1989 | $106.10M | +8.3% | ||
| 1988 | $98.00M | -527.9% | ||
| 1987 | -$22.90M | -32.4% | ||
| 1986 | -$33.90M | -17050.0% | ||
| 1985 | $200,000 | — |
Net Income values are taken from Micron Technology's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Micron Technology (MU) net income totalled $8.54B – surged 997.6% year-over-year.
Across 2020–2025 (5 years), Micron Technology net income produced a CAGR of +26.0% – sustaining 2 straight years of year-over-year growth.
Between 2018 and 2025, Micron Technology net income plunged 39.6%, falling from $14.13B to $8.54B.
The dataset's maximum net income sits at $14.13B (2018); the minimum reading of -$5.83B dates to 2023.
Within Technology, Micron Technology (MU) ranks 8th among 8 peers we track. The peer median for net income is $62.48B.
Micron Technology Net Income by Year
Micron Technology Net Income 2025: $8.54B
Micron Technology net income in 2025 was $8.54B, surged 997.6% from 2024.
Micron Technology Net Income 2024: $778.00M
Micron Technology net income in 2024 was $778.00M, plunged 113.3% below 2023.
Micron Technology Net Income 2023: -$5.83B
Micron Technology net income in 2023 was -$5.83B, plunged 167.1% below 2022. This figure represents the lowest annual value in the available history.
Micron Technology Net Income 2022: $8.69B
Micron Technology net income in 2022 was $8.69B, surged 48.2% from 2021.
Micron Technology Net Income 2021: $5.86B
Micron Technology net income in 2021 was $5.86B.
See more financial history for Micron Technology (MU).
Sector peers — Net Income
Companies in the same sector as Micron Technology, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.74T | Technology |
| NVIDIA Corporation (NVDA) | $120.07B | Technology |
| Apple Inc. (AAPL) | $112.01B | Technology |
| Microsoft Corporation (MSFT) | $101.83B | Technology |
| Broadcom Inc. (AVGO) | $23.13B | Technology |
| Oracle Corporation (ORCL) | $12.44B | Technology |
| ASML Holding N.V. (ASML) | $9.61B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $4.33B | Technology |
Frequently asked questions
What is Micron Technology's net income?
- Latest reported net income for Micron Technology (MU) is $24.11B (period ending February 26, 2026).
How has Micron Technology net income changed year-over-year?
- Micron Technology (MU) net income changed +997.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Micron Technology net income?
- Micron Technology (MU) net income compound annual growth rate is +26.0% over the most recent 5 years available.
When did Micron Technology net income hit its highest annual value?
- Micron Technology net income reached its highest annual value of $14.13B in 2018.
What was Micron Technology net income in 2024?
- Micron Technology (MU) net income in 2024 was $778.00M.
What was Micron Technology net income in 2025?
- Micron Technology (MU) net income in 2025 was $8.54B.
Metrics overview
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