Micron Technology, Inc. (MU) FY2026 Q2 P&L / Income Statement

Micron Technology, Inc. (MU) FY2026 Q2 P&L / Income Statement

Income statement for 2025-11-28 through 2026-02-26. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue

23,860,000,000 US dollars

Cost of goods sold

6,105,000,000 US dollars

Gross margin

17,755,000,000 US dollars

Operating costs, including other operating expenses (calculated)

1,620,000,000 US dollars

Operating income

16,135,000,000 US dollars

Other income (expense), net (calculated)

25,000,000 US dollars

Income (loss) before income taxes and equity in net income (loss) of equity method investees

16,160,000,000 US dollars

Income tax (provision) benefit

2,371,000,000 US dollars

Net income

13,785,000,000 US dollars

CMBU

7,749,000,000 US dollars

CDBU

5,687,000,000 US dollars

MCBU

7,711,000,000 US dollars

AEBU

2,708,000,000 US dollars

All other

5,000,000 US dollars

Research and development

1,250,000,000 US dollars

Selling, general, and administrative

344,000,000 US dollars

Other operating (income) expense, net

26,000,000 US dollars

Equity in net income (loss) of equity method investees

negative 4,000,000 US dollars. Reported below-tax contribution to net income.

CMBU costs (calculated)

2,622,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

CDBU costs (calculated)

1,878,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

MCBU costs (calculated)

1,875,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

AEBU costs (calculated)

1,026,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

All other costs (calculated)

4,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Reconciling items (calculated)

320,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

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.