Micron Technology
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Micron Technology's past years’ income statements indicate that its last revenue has increased compared to the previous period by 62% to $25,111,000,000. The net income raised on $778,000,000 and profit margin reached 3%. Total operating expenses were $4,309,000,000.
Profit Margin
| 2015 | 16.19B | 2.89B | 17.9% |
|---|---|---|---|
| 2016 | 12.39B | -276M | -2.23% |
| 2017 | 20.32B | 5.08B | 25.04% |
| 2018 | 30.39B | 14.13B | 46.51% |
| 2019 | 23.40B | 6.31B | 26.97% |
| 2020 | 21.43B | 2.68B | 12.54% |
| 2021 | 27.70B | 5.86B | 21.16% |
| 2022 | 30.75B | 8.68B | 28.24% |
| 2023 | 15.54B | -5.83B | -37.54% |
| 2024 | 25.11B | 778M | 3.1% |
MU Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 25.11B | 15.54B | 30.75B | 27.70B | 21.43B | 23.40B | 30.39B | 20.32B | 12.39B | 16.19B |
Cost of revenue | 19.49B | 16.95B | 16.86B | 17.28B | 14.88B | 12.70B | 12.5B | 11.88B | 9.89B | 10.97B |
Gross profit | 5.61B | -1.41B | 13.89B | 10.42B | 6.55B | 10.70B | 17.89B | 8.43B | 2.50B | 5.21B |
Operating exp. | ||||||||||
Research and development | 3.43B | 3.11B | 3.11B | 2.66B | 2.6B | 2.44B | 2.14B | 1.82B | 1.61B | 1.54B |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 4.30B | 4.15B | 4.14B | 3.65B | 3.54B | 3.32B | 2.89B | 2.55B | 2.27B | 2.21B |
Operating income | 1.30B | -5.74B | 9.70B | 6.28B | 3.00B | 7.37B | 14.99B | 5.86B | 168M | 2.99B |
Other income (expenses), net | -64M | 87M | -131M | -65M | -20M | -328M | -465M | -672M | -121M | -375M |
Income before tax | 1.24B | -5.65B | 9.57B | 6.21B | 2.98B | 7.04B | 14.30B | 5.19B | -281M | 2.60B |
Income tax expense | 451M | 177M | 888M | 394M | 280M | 693M | 168M | 114M | 19M | 157M |
Net income | 778M | -5.83B | 8.68B | 5.86B | 2.68B | 6.31B | 14.13B | 5.08B | -276M | 2.89B |
Earnings per share | ||||||||||
Basic EPS | 0.7 | -5.34 | 7.81 | 5.23 | 2.42 | 5.67 | 11.51 | 4.67 | -0.27 | 2.71 |
Diluted EPS | 0.7 | -5.34 | 7.74 | 5.14 | 2.37 | 5.51 | 11.5 | 4.41 | -0.27 | 2.47 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |