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Companies / Information Technology / Micron Technology
MU

Micron Technology

Information TechnologySemiconductorsS&P 500
Ticker MUBOISE, IDFiscal year ends SeptemberBook value per share $121.07Diluted shares 1.1B

Micron Technology, Inc. (Nasdaq: MU) develops and manufactures semiconductor memory and storage products, including DRAM, NAND and NOR, sold as components, modules, solid-state drives, managed NAND and other integrated solutions. Its products serve data center, mobile, client computing, automotive, industrial and… From the company’s description.

In fiscal 2026, Micron Technology reported revenue of $133.19B, up 256.3% from fiscal 2025, and net income of $84.97B. Its operating margin was 74.6%, and operations generated $89.67B in cash.

Fiscal year 2026 · ends 09-02Changes are against fiscal 2025
Sales & profitability
$133.19BFY2026
+256.3% year over year
74.59%FY2026
+48.4 percentage points
$84.97BFY2026
+895.1% year over year
61.40%FY2026
+45.6 percentage points
Cash & financing
$89.67BFY2026
+411.7% year over year
$58.96BFY2026
+3435.0% year over year
0.04FY2026
Was 0.27× a year earlier
1.1BFY2026
+1.6% year over year

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure.

What Micron Technology does

In the company’s own words

Micron Technology, Inc. (Nasdaq: MU) develops and manufactures semiconductor memory and storage products, including DRAM, NAND and NOR, sold as components, modules, solid-state drives, managed NAND and other integrated solutions. Its products serve data center, mobile, client computing, automotive, industrial and consumer markets, with customers including hyperscale cloud providers, original equipment manufacturers, enterprise and AI-focused cloud providers, and distributors. Micron reports four business units: Cloud Memory, focused on hyperscale cloud memory and high-bandwidth memory; Core Data Center, covering data center storage and memory; Mobile and Client, serving mobile and personal computing; and Automotive and Embedded, serving intelligent-edge markets. Fiscal 2026 revenue was $43.09 billion for Cloud Memory, $37.59 billion for Core Data Center, $36.60 billion for Mobile and Client, and $15.89 billion for Automotive and Embedded. Micron products are sold under the Micron brand and private labels; its former Crucial retail business was being exited. The company had approximately 61,000 employees as of September 3, 2026. Its website is www.micron.com.

Company details
Sector
Information Technology
Industry (SIC)
Semiconductors
Headquarters
BOISE, ID
Fiscal year end
September
CIK
723125
SIC
3674

Financial performance, year by year

Fiscal 2012–2026 · USD
$-19.74B$21.97B$63.68B$105.38B$147.09B201220132014201520162017201820192020202120222023202420252026

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Micron Technology — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

1.6K
funds hold it
3 of 35
superinvestors hold it
$400.52B
held by funds, at market
34.2%
of shares held by funds
8
bond issues held by funds

Superinvestors in Micron Technology · what they did last quarter

David TepperDECREASED -41.4%
Appaloosa
15.1%of 13F portfolio
Ruane CunniffUNCHANGED
Ruane, Cunniff & Goldfarb (Sequoia)
<0.1%of 13F portfolio
Bill NygrenNEW
Harris Associates (Oakmark)
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Micron Technology’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
1.80%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
2.02%of fund net assets
5.64%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
2.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Micron Technology’s bonds, as funds hold them

Funds report holding 8 issues of Micron Technology’s debt, $289.90M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.03%, maturing 2031 to 2051.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Micron Technology and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Micron Technology's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Micron Technology's last four quarterly filings that the numbers alone won't show?”
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