MICRON TECHNOLOGY INC
For the period ended Nov 27, 2025. Filed Dec 18, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Nov 27, 2025 · Filed Dec 18, 2025
MU$725.11-1.1%Stored close · as of Nov 10, 2026
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Item 1. Consolidated Statements of Operations
Consolidated Statements of Operations
(In millions, except per share amounts)
| Three months ended | November 27,2025 | November 28,2024 |
|---|---|---|
| Revenue | $13,643 | $8,709 |
| Cost of goods sold | 5,997 | 5,361 |
| Gross margin | 7,646 | 3,348 |
| Research and development | 1,171 | 888 |
| Selling, general, and administrative | 337 | 288 |
| Other operating (income) expense, net | 2 | (2) |
| Operating income | 6,136 | 2,174 |
| Interest income | 139 | 107 |
| Interest expense | (74) | (118) |
| Other non-operating income (expense), net | (140) | (11) |
| 6,061 | 2,152 | |
| Income tax (provision) benefit | (829) | (283) |
| Equity in net income (loss) of equity method investees | 8 | 1 |
| Net income | $5,240 | $1,870 |
| Earnings per share | ||
| Basic | $4.66 | $1.68 |
| Diluted | 4.60 | 1.67 |
| Number of shares used in per share calculations | ||
| Basic | 1,125 | 1,111 |
| Diluted | 1,138 | 1,122 |
5 | 2026 Q1 10-Q
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