Micron Historical Income Statement

MU Stock

USD 102.76 4.39 4.46%

Historical analysis of Micron Technology income statement accounts such as Gross Profit of 3 B, Other Operating Expenses of 25.1 B or Operating Income of 1.4 B can show how well Micron Technology performed in making a profits. Evaluating Micron Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Micron Technology's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Micron Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Micron Technology is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.

About Micron Income Statement Analysis

Micron Technology Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Micron Technology shareholders. The income statement also shows Micron investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Micron Technology Income Statement Chart

At this time, Micron Technology's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 1.2 B in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (60.8 M).

Total Revenue Other Operating Expenses Ebitda Cost Of Revenue Total Operating Expenses Net Income From Continuing Ops

Total Revenue

Total revenue comprises all receipts Micron Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Micron Technology. It is also known as Micron Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Micron Technology income statement and represents the costs associated with goods and services Micron Technology provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from Micron Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Micron Technology current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.At this time, Micron Technology's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 1.2 B in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (60.8 M).

	2021	2022	2023	2024 (projected)
Cost Of Revenue	16.9B	17.0B	19.5B	20.5B
EBITDA	16.9B	2.5B	9.6B	10.1B

Cost Of Revenue Ebitda

Micron Technology income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Minority Interest	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.42	0.79	0.3	0.96	0.13	0.14	0.56	0.96	0.98	0.13	-0.31	0.09	0.71	0.79	0.99	-0.22	0.08	-0.19	0.14	0.57	0.09	0.82	0.92	-0.87
Interest Expense	0.42		0.34	-0.04	0.52	-0.09	-0.08	0.13	0.53	0.46	-0.11	-0.12	-0.1	-0.03	0.34	0.46	0.07	-0.13	0.06	-0.47	-0.23	0.22	-0.04	0.21	-0.02
Total Revenue	0.79	0.34		0.79	0.83	0.68	0.69	0.92	0.83	0.83	0.67	-0.48	0.65	0.75	0.79	0.82	-0.09	0.63	-0.18	0.37	0.6	-0.28	0.54	0.59	-0.59
Gross Profit	0.3	-0.04	0.79		0.32	0.97	0.98	0.95	0.32	0.34	0.97	-0.51	0.96	0.54	0.49	0.32	-0.04	0.96	-0.27	0.54	0.5	-0.6	0.17	0.13	-0.16
Other Operating Expenses	0.96	0.52	0.83	0.32		0.16	0.17	0.57	1.0	0.99	0.16	-0.28	0.13	0.67	0.83	0.98	-0.12	0.1	-0.05	0.1	0.5	0.07	0.71	0.83	-0.79
Operating Income	0.13	-0.09	0.68	0.97	0.16		1.0	0.89	0.16	0.17	1.0	-0.49	1.0	0.44	0.29	0.16	-0.01	1.0	-0.27	0.52	0.41	-0.59	0.02	-0.05	0.0
Ebit	0.14	-0.08	0.69	0.98	0.17	1.0		0.9	0.17	0.18	1.0	-0.49	1.0	0.45	0.31	0.17	-0.01	0.99	-0.27	0.52	0.41	-0.59	0.03	-0.03	-0.01
Ebitda	0.56	0.13	0.92	0.95	0.57	0.89	0.9		0.57	0.59	0.89	-0.54	0.87	0.69	0.6	0.58	-0.11	0.87	-0.31	0.49	0.6	-0.44	0.39	0.38	-0.39
Cost Of Revenue	0.96	0.53	0.83	0.32	1.0	0.16	0.17	0.57		0.99	0.15	-0.27	0.13	0.66	0.83	0.98	-0.1	0.1	-0.03	0.09	0.49	0.07	0.69	0.82	-0.78
Total Operating Expenses	0.98	0.46	0.83	0.34	0.99	0.17	0.18	0.59	0.99		0.16	-0.31	0.13	0.72	0.84	0.99	-0.16	0.11	-0.1	0.13	0.56	0.05	0.78	0.86	-0.83
Income Before Tax	0.13	-0.11	0.67	0.97	0.16	1.0	1.0	0.89	0.15	0.16		-0.43	1.0	0.45	0.29	0.16	-0.03	1.0	-0.23	0.53	0.43	-0.58	0.03	-0.04	-0.01
Total Other Income Expense Net	-0.31	-0.12	-0.48	-0.51	-0.28	-0.49	-0.49	-0.54	-0.27	-0.31	-0.43		-0.43	-0.35	-0.27	-0.32	-0.04	-0.42	0.82	-0.27	-0.23	0.3	-0.24	-0.17	0.19
Net Income	0.09	-0.1	0.65	0.96	0.13	1.0	1.0	0.87	0.13	0.13	1.0	-0.43		0.41	0.26	0.12	0.0	1.0	-0.21	0.52	0.38	-0.57	-0.01	-0.08	0.04
Income Tax Expense	0.71	-0.03	0.75	0.54	0.67	0.44	0.45	0.69	0.66	0.72	0.45	-0.35	0.41		0.64	0.73	-0.1	0.4	-0.17	0.22	0.96	-0.1	0.7	0.69	-0.78
Selling General Administrative	0.79	0.34	0.79	0.49	0.83	0.29	0.31	0.6	0.83	0.84	0.29	-0.27	0.26	0.64		0.8	-0.06	0.25	-0.03	0.16	0.54	-0.16	0.58	0.7	-0.63
Research Development	0.99	0.46	0.82	0.32	0.98	0.16	0.17	0.58	0.98	0.99	0.16	-0.32	0.12	0.73	0.8		-0.17	0.1	-0.14	0.13	0.57	0.08	0.79	0.89	-0.85
Minority Interest	-0.22	0.07	-0.09	-0.04	-0.12	-0.01	-0.01	-0.11	-0.1	-0.16	-0.03	-0.04	0.0	-0.1	-0.06	-0.17		-0.02	0.23	-0.24	-0.14	0.15	-0.23	-0.26	0.26
Net Income From Continuing Ops	0.08	-0.13	0.63	0.96	0.1	1.0	0.99	0.87	0.1	0.11	1.0	-0.42	1.0	0.4	0.25	0.1	-0.02		-0.23	0.53	0.38	-0.59	-0.01	-0.08	0.04
Non Operating Income Net Other	-0.19	0.06	-0.18	-0.27	-0.05	-0.27	-0.27	-0.31	-0.03	-0.1	-0.23	0.82	-0.21	-0.17	-0.03	-0.14	0.23	-0.23		-0.26	-0.15	0.22	-0.21	-0.16	0.14
Non Recurring	0.14	-0.47	0.37	0.54	0.1	0.52	0.52	0.49	0.09	0.13	0.53	-0.27	0.52	0.22	0.16	0.13	-0.24	0.53	-0.26		0.22	-0.47	0.37	0.07	-0.3
Tax Provision	0.57	-0.23	0.6	0.5	0.5	0.41	0.41	0.6	0.49	0.56	0.43	-0.23	0.38	0.96	0.54	0.57	-0.14	0.38	-0.15	0.22		-0.09	0.64	0.61	-0.72
Interest Income	0.09	0.22	-0.28	-0.6	0.07	-0.59	-0.59	-0.44	0.07	0.05	-0.58	0.3	-0.57	-0.1	-0.16	0.08	0.15	-0.59	0.22	-0.47	-0.09		0.22	0.25	-0.1
Net Interest Income	0.82	-0.04	0.54	0.17	0.71	0.02	0.03	0.39	0.69	0.78	0.03	-0.24	-0.01	0.7	0.58	0.79	-0.23	-0.01	-0.21	0.37	0.64	0.22		0.87	-0.91
Reconciled Depreciation	0.92	0.21	0.59	0.13	0.83	-0.05	-0.03	0.38	0.82	0.86	-0.04	-0.17	-0.08	0.69	0.7	0.89	-0.26	-0.08	-0.16	0.07	0.61	0.25	0.87		-0.9
Extraordinary Items	-0.87	-0.02	-0.59	-0.16	-0.79	0.0	-0.01	-0.39	-0.78	-0.83	-0.01	0.19	0.04	-0.78	-0.63	-0.85	0.26	0.04	0.14	-0.3	-0.72	-0.1	-0.91	-0.9

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Micron Technology Account Relationship Matchups

Micron Technology income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	5.7B	6.2B	7.1B	7.8B	7.8B	8.2B
Interest Expense	194M	183M	189M	388M	562M	590.1M
Total Revenue	21.4B	27.7B	30.8B	15.5B	25.1B	26.4B
Gross Profit	6.6B	10.4B	13.9B	(1.4B)	5.6B	3.0B
Other Operating Expenses	18.4B	20.9B	21.0B	21.1B	23.9B	25.1B
Operating Income	3.0B	6.3B	9.7B	(5.7B)	1.3B	1.4B
Ebit	3.2B	6.4B	9.8B	(5.3B)	1.8B	1.4B
Ebitda	8.8B	12.6B	16.9B	2.5B	9.6B	10.1B
Cost Of Revenue	14.9B	17.3B	16.9B	17.0B	19.5B	20.5B
Total Operating Expenses	3.5B	3.7B	4.1B	4.2B	4.4B	4.6B
Income Before Tax	3.0B	6.2B	9.6B	(5.7B)	1.2B	1.4B
Net Income	2.7B	5.9B	8.7B	(5.8B)	778M	1.2B
Income Tax Expense	280M	394M	888M	177M	451M	473.6M
Selling General Administrative	881M	894M	1.1B	920M	1.1B	640.5M
Research Development	2.6B	2.7B	3.1B	3.1B	3.4B	3.6B
Net Income Applicable To Common Shares	2.7B	5.9B	8.7B	(5.8B)	(6.7B)	(6.4B)
Net Income From Continuing Ops	2.7B	5.9B	8.7B	(5.8B)	778M	739.1M
Non Operating Income Net Other	(346M)	(197M)	155M	62M	55.8M	92.1M
Tax Provision	280M	394M	888M	177M	451M	367.5M
Interest Income	114M	37M	96M	468M	529M	555.5M
Net Interest Income	(80M)	(146M)	(93M)	80M	(33M)	(34.7M)
Reconciled Depreciation	5.7B	6.2B	7.1B	7.8B	7.8B	6.7B

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Micron Historical Income Statement

About Micron Income Statement Analysis

Micron Technology Income Statement Chart

Total Revenue

Other Operating Expenses

Cost Of Revenue

Total Operating Expenses

Micron Technology income statement Correlations

Micron Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Micron Technology income statement Accounts

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Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Net Income	+ 1.0	Operating Income
Net Income From Continuing Ops	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Ebit

Extraordinary Items	- 0.91	Net Interest Income
Extraordinary Items	- 0.9	Reconciled Depreciation
Extraordinary Items	- 0.87	Depreciation And Amortization
Extraordinary Items	- 0.85	Research Development
Extraordinary Items	- 0.83	Total Operating Expenses
Extraordinary Items	- 0.79	Other Operating Expenses