# Micron Technology, Inc. (MU) FY2024 Annual P&L / Income Statement

- Company: Micron Technology, Inc. (MU)
- Period: 2023-09-01 to 2024-08-29
- Filing: FY2024 10-K, filed 2024-10-04, accession number 0000723125-24-000027
- Page: https://plicit.ai/financials/mu/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/mu-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2023-09-01 through 2024-08-29. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 25,111,000,000 US dollars
- **Cost of goods sold**: 19,498,000,000 US dollars
- **Gross margin**: 5,613,000,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 4,309,000,000 US dollars
- **Operating income (loss)**: 1,304,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 64,000,000 US dollars
- **Income (loss) before income taxes and equity in net income (loss) of equity method investees**: 1,240,000,000 US dollars
- **Income tax (provision) benefit**: 451,000,000 US dollars
- **Net income (loss)**: 778,000,000 US dollars
- **DRAM Products**: 17,603,000,000 US dollars
- **NAND Products**: 7,227,000,000 US dollars
- **Other (primarily NOR)**: 281,000,000 US dollars
- **Research and development**: 3,430,000,000 US dollars
- **Selling, general, and administrative**: 1,129,000,000 US dollars
- **Restructure and asset impairments**: 1,000,000 US dollars
- **Other operating (income) expense, net**: negative 251,000,000 US dollars
- **Equity in net income (loss) of equity method investees**: negative 11,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/mu/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/mu-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2023-09-01 through 2024-08-29. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 25,111,000,000 US dollars
- **Cost of goods sold**: 19,498,000,000 US dollars
- **Gross margin**: 5,613,000,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 4,309,000,000 US dollars
- **Operating income (loss)**: 1,304,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 64,000,000 US dollars
- **Income (loss) before income taxes and equity in net income (loss) of equity method investees**: 1,240,000,000 US dollars
- **Income tax (provision) benefit**: 451,000,000 US dollars
- **Net income (loss)**: 778,000,000 US dollars
- **CNBU**: 9,513,000,000 US dollars
- **MBU**: 6,354,000,000 US dollars
- **EBU**: 4,614,000,000 US dollars
- **SBU**: 4,592,000,000 US dollars
- **All Other**: 38,000,000 US dollars
- **Research and development**: 3,430,000,000 US dollars
- **Selling, general, and administrative**: 1,129,000,000 US dollars
- **Restructure and asset impairments**: 1,000,000 US dollars
- **Other operating (income) expense, net**: negative 251,000,000 US dollars
- **Equity in net income (loss) of equity method investees**: negative 11,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/mu/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/mu-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2023-09-01 through 2024-08-29. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 25,111,000,000 US dollars
- **Cost of goods sold**: 19,498,000,000 US dollars
- **Gross margin**: 5,613,000,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 4,309,000,000 US dollars
- **Operating income (loss)**: 1,304,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 64,000,000 US dollars
- **Income (loss) before income taxes and equity in net income (loss) of equity method investees**: 1,240,000,000 US dollars
- **Income tax (provision) benefit**: 451,000,000 US dollars
- **Net income (loss)**: 778,000,000 US dollars
- **UNITED STATES**: 13,168,000,000 US dollars
- **TAIWAN**: 4,708,000,000 US dollars
- **CHINA**: 3,045,000,000 US dollars
- **Other Asia Pacific**: 1,330,000,000 US dollars
- **HONG KONG**: 1,071,000,000 US dollars
- **JAPAN**: 840,000,000 US dollars
- **Europe**: 818,000,000 US dollars
- **Other**: 131,000,000 US dollars
- **Research and development**: 3,430,000,000 US dollars
- **Selling, general, and administrative**: 1,129,000,000 US dollars
- **Restructure and asset impairments**: 1,000,000 US dollars
- **Other operating (income) expense, net**: negative 251,000,000 US dollars
- **Equity in net income (loss) of equity method investees**: negative 11,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.