How Micron Technology (MU) Makes Money: A Visual Guide
Micron Technology (MU) generated $42.31B in revenue (TTM through Q4 2025), earning $11.91B in net profit (28.1% margin). Its largest revenue source is CNBU (55.5% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
Micron Technology (MU) Income Statement Flow
Frequently asked questions
How does Micron Technology (MU) make money?
- Micron Technology (MU) primarily makes money through CNBU, which accounts for 55.5% of total revenue. For TTM through Q4 2025, Micron Technology generated $42.31B in total revenue with a net profit margin of 28.1%.
What is Micron Technology (MU) gross profit margin?
- Micron Technology (MU) reported a gross profit margin of 45.3% for TTM through Q4 2025, equivalent to $19.18B in gross profit. This means Micron Technology retains 45.3% of each revenue unit after direct costs of production.
What is Micron Technology (MU) operating profit margin?
- Micron Technology (MU) reported an operating profit margin of 32.7% for TTM through Q4 2025, equivalent to $13.84B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Micron Technology (MU) net profit margin?
- Micron Technology (MU) reported a net profit margin of 28.1% for TTM through Q4 2025, equivalent to $11.91B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Micron Technology (MU) invest in R&D?
- Micron Technology (MU) invested $4.06B in research and development in TTM through Q4 2025 (9.6% of total revenue). R&D spending reflects investment in future products, services, and technologies.
How much does Micron Technology (MU) spend on capital expenditures?
- Micron Technology (MU) spent $17.19B on capital expenditures in TTM through Q4 2025 (40.6% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Micron Technology (MU) free cash flow?
- Micron Technology (MU) generated $11.91B in free cash flow for TTM through Q4 2025 (28.2% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Micron Technology (MU) effective tax rate?
- Micron Technology (MU) had an effective tax rate of 12.3% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q4 2025.