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Micron Technology produces semiconductor devices, including dynamic random-access memory, flash memory, and solid-state drives. The Company's operates through its business segments: Compute and Networking Business Unit, which includes memory products sold into compute, networking, graphics and cloud server markets; Mobile Business Unit, which includes memory products sold into smartphone, tablet and other mobile-device markets; Storage Business Unit, which includes memory products sold into enterprise, client, cloud and removable storage markets; and Embedded Business Unit, which includes memory products sold into automotive, industrial, connected home and consumer electronics markets.

TypePublic
Founded1978
HQBoise, US
Websitemicron.com
Employee Ratings3.2

Latest Updates

Employees (est.) (Aug 2018)36,000(+6%)
Job Openings1,648
Revenue (FY, 2018)$30.4 B(+50%)
Share Price (Mar 2019)$39.6

Key People/Management at Micron Technology

Sanjay Mehrotra

Sanjay Mehrotra

President, CEO
David Zinsner

David Zinsner

SVP, CFO
Sumit Sadana

Sumit Sadana

Chief Business Officer, EVP
Manish Bhatia

Manish Bhatia

EVP Global Operations
Joel Poppen

Joel Poppen

Senior Vice President, Legal Affairs, General Counsel and Corporate Secretary
April Arnzen

April Arnzen

SVP of HR
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Micron Technology Office Locations

Micron Technology has offices in Boise, Seattle, San Diego, Minneapolis and in 35 other locations
Boise, US (HQ)
8000 S Federal Way
Allen, US
805 Central Expy S #100
Austin, US
101 W Louis Henna Blvd #210
Folsom, US
2235 Iron Point Rd
Irvine, US
18575 Jamboree Rd #225The
Lehi, US
4000 North Flash Drive
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Micron Technology Financials and Metrics

Micron Technology Revenue

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Micron Technology's revenue was reported to be $30.39 b in FY, 2018 which is a 49.5% increase from the previous period.
USD

Revenue (Q1, 2019)

7.9b

Gross profit (Q1, 2019)

4.6b

Gross profit margin (Q1, 2019), %

58.3%

Net income (Q1, 2019)

3.3b

EBIT (Q1, 2019)

3.8b

Market capitalization (18-Mar-2019)

44.4b

Closing stock price (18-Mar-2019)

39.6

Cash (29-Nov-2018)

447.0m

EV

48.1b
Micron Technology's current market capitalization is $44.4 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

9.1b16.4b16.2b12.4b20.3b30.4b

Revenue growth, %

80%(1%)(23%)64%50%

Cost of goods sold

7.2b10.9b11.0b9.9b11.9b12.5b

Gross profit

1.8b5.4b5.2b2.5b8.4b17.9b
Quarterly
USDQ1, 2014Q2, 2014Q1, 2015Q3, 2014Q3, 2015Q2, 2015Q1, 2016Q3, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

4.0b4.1b4.6b4.0b3.9b4.2b3.4b2.9b2.9b4.0b4.6b5.6b6.8b7.4b7.8b7.9b

Cost of goods sold

2.8b2.7b2.9b2.6b2.7b2.8b2.5b2.4b2.4b3.0b2.9b3.0b3.1b3.1b3.1b3.3b

Gross profit

1.3b1.4b1.6b1.4b1.2b1.4b849.0m498.0m579.0m1.0b1.7b2.6b3.7b4.3b4.7b4.6b

Gross profit Margin, %

32%34%36%34%31%34%25%17%20%25%37%47%55%58%61%58%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.9b4.2b2.3b4.1b5.1b6.5b

Accounts Receivable

2.1b3.8b5.5b

Inventories

2.6b2.5b2.3b2.9b3.1b3.6b

Current Assets

8.9b10.2b8.6b9.5b12.5b16.0b
Quarterly
USDQ1, 2014Q2, 2014Q1, 2015Q3, 2014Q3, 2015Q2, 2015Q1, 2016Q3, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

3.7b4.3b3.8b4.1b3.7b3.5b2.6b4.6b3.1b4.1b3.6b4.0b6.0b7.8b6.8b447.0m

Accounts Receivable

2.2b2.5b2.9b3.5b3.9b4.4b4.9b5.4b

Inventories

2.5b2.5b2.4b2.5b2.4b2.4b2.4b2.9b2.6b2.8b3.0b3.1b3.2b3.2b3.4b3.9b

Current Assets

9.4b10.0b9.7b9.7b10.0b9.9b8.5b10.1b8.8b9.5b9.9b11.0b13.4b15.8b15.5b15.0b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

1.2b3.1b2.9b(275.0m)5.1b14.1b

Depreciation and Amortization

3.0b3.9b4.8b

Inventories

194.0m116.0m(549.0m)50.0m(472.0m)

Accounts Payable

671.0m(691.0m)272.0m564.0m549.0m
Quarterly
USDQ1, 2014Q2, 2014Q1, 2015Q3, 2014Q3, 2015Q2, 2015Q1, 2016Q3, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

381.0m1.1b1.0b1.9b2.4b1.9b206.0m(105.0m)110.0m180.0m1.1b2.7b2.7b6.0b9.8b3.3b

Depreciation and Amortization

771.0m1.8b2.8b1.1b2.2b3.5b1.3b

Inventories

190.0m188.0m7.0m117.0m75.0m78.0m(95.0m)(580.0m)(268.0m)139.0m174.0m108.0m(37.0m)(62.0m)(246.0m)(286.0m)

Accounts Payable

408.0m489.0m(321.0m)575.0m(533.0m)(488.0m)2.0m3.0m(67.0m)299.0m399.0m511.0m(261.0m)93.0m38.0m(46.0m)
USDY, 2018

EV/EBIT

12.8 x

EV/CFO

10 x

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.3 x
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Micron Technology Operating Metrics

FY, 2014FY, 2015Apr, 2016FY, 2016Jun, 2017FY, 2017FY, 2018Dec, 2018

Countries

20 18 17

Manufacturing Sites

12

Patents (Foreign)

4 k4.20 k4.30 k5 k5 k

Patents (US)

16.50 k16.80 k16.10 k15.50 k13.75 k
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Micron Technology Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
IM FlashOctober 19, 2018

Micron Technology Revenue Breakdown

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Micron Technology revenue breakdown by business segment: 12.1% from Embedded Business Unit, 22.8% from Mobile Business Unit, 12.1% from Storage Business Unit, 52.9% from Compute and Networking Business and 0.2% from Other

Micron Technology revenue breakdown by geographic segment: 7.0% from Europe, 11.9% from United States, 8.4% from Asia Pacific, 9.2% from Taiwan, 57.1% from China and 6.3% from Other

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Micron Technology Online and Social Media Presence

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Micron Technology News and Updates

MICRON LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Micron Technology, Inc. To Contact The Firm

NEW YORK, March 11, 2019 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Micron Technology, Inc. ("Micron" or the "Company") (NASDAQ: MU) of the March 25, 2019 deadline to seek the role of lead plaintiff in a federal securities class...

MICRON LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Micron Technology, Inc. To Contact The Firm

NEW YORK, March 11, 2019 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Micron Technology, Inc. ("Micron" or the "Company") (NASDAQ: MU) of the March 25, 2019 deadline to seek the role of lead plaintiff in a federal securities class...

Option-trading opportunities on Costco Wholesale Co., Kroger Co., Micron Technology Inc., Netflix Inc., and Exxon Mobil Corp.

NEW YORK, March 8, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for COST, KR, MU, NFLX, and XOM. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Micron Technology to Report Fiscal Second Quarter Results on March 20, 2019

BOISE, Idaho, Feb. 20, 2019 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) announced today that it will hold its fiscal second quarter earnings conference call on Wednesday, March 20, 2019 at 2:30 p.m. MDT. A live webcast of the call will be available via the Investor Relations website a…

$730 Bn Artificial Intelligence in Supply Chain Market, 2025 Featuring Intel, NVIDIA, Xilinx, Samsung Electronics, Micron Technology, IBM, Microsoft, and Amazon

DUBLIN, Feb. 18, 2019 /PRNewswire/ -- The "Artificial Intelligence in Supply Chain Market by Offering, Technology, Application (Fleet Management, Supply Chain Planning, Warehouse Management, Virtual Assistant, Freight Brokerage), End-User Industry, and Geography - Global Forecast to 2025" ...

MICRON TECHNOLOGY SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Micron Technology, Inc. - MU

NEW ORLEANS, Feb. 15, 2019 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 25, 2019 to file lead plaintiff applications in a securities class action lawsuit against...
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Micron Technology Frequently Asked Questions

  • When was Micron Technology founded?

    Micron Technology was founded in 1978.

  • Who are Micron Technology key executives?

    Micron Technology's key executives are Sanjay Mehrotra, David Zinsner and Sumit Sadana.

  • How many employees does Micron Technology have?

    Micron Technology has 36,000 employees.

  • What is Micron Technology revenue?

    Latest Micron Technology annual revenue is $30.4 b.

  • What is Micron Technology revenue per employee?

    Latest Micron Technology revenue per employee is $844.2 k.

  • Who are Micron Technology competitors?

    Competitors of Micron Technology include Rockwell Automation, Cypress Semiconductor and Seagate.

  • Where is Micron Technology headquarters?

    Micron Technology headquarters is located at 8000 S Federal Way, Boise.

  • Where are Micron Technology offices?

    Micron Technology has offices in Boise, Seattle, San Diego, Minneapolis and in 35 other locations.

  • How many offices does Micron Technology have?

    Micron Technology has 44 offices.