The Tip Desk

MICRON TECHNOLOGY INC

Company Stats

Market Cap
$1.2T
as of Sep 30, 2026
Enterprise Value
$1.2T
Shares Outstanding
1.1B
Free Float
95.7%

Income Statement

Revenue
$133.2B
Operating Income
$99.3B
Net Income
$85.0B
EBITDA
$108.8B
Revenue Growth, 3Y
104.6%
FCF Margin, 3Y Avg
16.4%
FCF Margin, Worst Year
0.5%

Cash Flow

Free Cash Flow
$59.0B
FCF Yield
4.9%
Owner FCF Yield
4.8%

Balance Sheet

Cash & Equivalents
$38.4B
Total Debt
$5.2B
Net Cash
$33.2B
EV / EBITDA
10.75x

Returns & Capital

Dividends Paid
$610.0M
Dividend Yield
0.1%
Dividend Payout, 3Y Avg
24.3%
Share Repurchases
$650.0M
Buyback Yield, 3Y Avg
0.0%
SBC, 3Y Avg
$1.0B

Cash Flow by Year

YearRevenueFCFMargin
FY2026$133.2B$59.0B44.3%
FY2025$37.4B$1.7B4.5%
FY2024$25.1B$121.0M0.5%
FY2023$15.5B-$6.1B-39.4%
FY2022$30.8B$3.1B10.1%

Annual filing data through FY ended September 3, 2026; shares and float as of November 8, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage