Operating Income for Micron Technology (MU)
According to Micron Technology's latest reported financial statements, the company's current operating income (TTM) is $28.20B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$28.20B
YoY change
+656.9%
5Y CAGR
+26.9%
Peak year (2018)
$14.99B
Cumulative operating income
$60.59B
Operating Income history chart for Micron Technology (MU) from 1985 to 2025
Operating Income history table for Micron Technology (MU) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $9.87B | +656.9% | ||
| 2024 | $1.30B | -122.7% | ||
| 2023 | -$5.75B | -159.2% | ||
| 2022 | $9.70B | +54.4% | ||
| 2021 | $6.28B | +109.2% | ||
| 2020 | $3.00B | -59.3% | ||
| 2019 | $7.38B | -50.8% | ||
| 2018 | $14.99B | +155.5% | ||
| 2017 | $5.87B | +3392.9% | ||
| 2016 | $168.00M | -94.4% | ||
| 2015 | $3.00B | -2.9% | ||
| 2014 | $3.09B | +586.0% | ||
| 2013 | $450.00M | -172.8% | ||
| 2012 | -$618.00M | -181.9% | ||
| 2011 | $755.00M | -52.5% | ||
| 2010 | $1.59B | -194.8% | ||
| 2009 | -$1.68B | +5.1% | ||
| 2008 | -$1.59B | +469.6% | ||
| 2007 | -$280.00M | -180.0% | ||
| 2006 | $350.00M | +60.9% | ||
| 2005 | $217.50M | -12.9% | ||
| 2004 | $249.70M | -121.0% | ||
| 2003 | -$1.19B | +15.7% | ||
| 2002 | -$1.03B | +5.0% | ||
| 2001 | -$976.50M | -142.6% | ||
| 2000 | $2.29B | -4979.4% | ||
| 1999 | -$47.00M | -90.5% | ||
| 1998 | -$493.60M | -222.7% | ||
| 1997 | $402.40M | -57.4% | ||
| 1996 | $944.50M | -27.2% | ||
| 1995 | $1.30B | +109.1% | ||
| 1994 | $620.10M | +273.6% | ||
| 1993 | $166.00M | +1111.7% | ||
| 1992 | $13.70M | +16.1% | ||
| 1991 | $11.80M | +210.5% | ||
| 1990 | $3.80M | -97.5% | ||
| 1989 | $150.40M | +26.5% | ||
| 1988 | $118.90M | -753.3% | ||
| 1987 | -$18.20M | -36.4% | ||
| 1986 | -$28.60M | +495.8% | ||
| 1985 | -$4.80M | — |
Operating 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
Micron Technology (MU) most recent annual operating income stands at $9.87B (2025) – surged 656.9% year-over-year.
Micron Technology operating income compound annual growth for the 2020–2025 (5 years) window is +26.9%, sustaining 2 straight years of year-over-year growth.
Micron Technology operating income plunged from $14.99B in 2018 to $9.87B in 2025, a 34.2% drawdown.
Across the available history, operating income reached its high of $14.99B in 2018 and its low of -$5.75B in 2023.
Micron Technology (MU) sits 8th of 8 Technology peers we track on this metric, against a peer median of $77.01B.
Micron Technology Operating Income by Year
Micron Technology Operating Income 2025: $9.87B
Micron Technology operating income in 2025 was $9.87B, surged 656.9% from 2024.
Micron Technology Operating Income 2024: $1.30B
Micron Technology operating income in 2024 was $1.30B, plunged 122.7% below 2023.
Micron Technology Operating Income 2023: -$5.75B
Micron Technology operating income in 2023 was -$5.75B, plunged 159.2% below 2022. This figure represents the lowest annual value in the available history.
Micron Technology Operating Income 2022: $9.70B
Micron Technology operating income in 2022 was $9.70B, surged 54.4% from 2021.
Micron Technology Operating Income 2021: $6.28B
Micron Technology operating income in 2021 was $6.28B.
See more financial history for Micron Technology (MU).
Sector peers — Operating Income
Companies in the same sector as Micron Technology, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.96T | Technology |
| Apple Inc. (AAPL) | $133.05B | Technology |
| NVIDIA Corporation (NVDA) | $130.39B | Technology |
| Microsoft Corporation (MSFT) | $128.53B | Technology |
| Broadcom Inc. (AVGO) | $25.48B | Technology |
| Oracle Corporation (ORCL) | $17.68B | Technology |
| ASML Holding N.V. (ASML) | $11.30B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $3.69B | Technology |
Frequently asked questions
What is Micron Technology's operating income?
- Latest reported operating income for Micron Technology (MU) is $28.20B (period ending February 26, 2026).
How has Micron Technology operating income changed year-over-year?
- Micron Technology (MU) operating income changed +656.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Micron Technology operating income?
- Micron Technology (MU) operating income compound annual growth rate is +26.9% over the most recent 5 years available.
When did Micron Technology operating income hit its highest annual value?
- Micron Technology operating income reached its highest annual value of $14.99B in 2018.
What was Micron Technology operating income in 2024?
- Micron Technology (MU) operating income in 2024 was $1.30B.
What was Micron Technology operating income in 2025?
- Micron Technology (MU) operating income in 2025 was $9.87B.
Metrics overview
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