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Micron Technology

OverviewSuggest Edit

Micron Technology is a producer of computer memory and computer data storage solutions including dynamic random-access memory, flash memory, and USB flash drives. Its consumer products are marketed under the brands Crucial and Ballistix. The company serves a variety of markets, including networking, graphics, cloud server, as well as enterprise, client, cloud, and removable storage, automotive, industrial, connected home, and consumer electronics.
TypePublic
Founded1978
HQBoise, ID, USMap
Websitemicron.com
Employee Ratings3.7More
Overall CultureA-More
View Jobs (1,461)

Recent NewsAll News

Latest Updates

Employees (est.) (Sept 2020)40,000(+9%)
Job Openings1,461
Revenue (FY, 2020)$21.4 B(-8%)
Share Price (Sept 2021)$73.8
Cybersecurity ratingAMore

Key People/Management at Micron Technology

Sanjay Mehrotra

Sanjay Mehrotra

President and Chief Executive Officer, Director
Manish Bhatia

Manish Bhatia

Executive Vice President, Global Operations
April Arnzen

April Arnzen

Senior Vice President and Chief People Officer
Mike Bokan

Mike Bokan

Senior Vice President, Worldwide Sales
Scott J. DeBoer

Scott J. DeBoer

Executive Vice President, Technology and Products
Joel Poppen

Joel Poppen

Senior Vice President, Legal Affairs, General Counsel and Corporate Secretary
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Micron Technology Office Locations

Micron Technology has offices in Boise, Allen, Austin, Folsom and in 35 other locations
Boise, ID, US (HQ)
8000 S Federal Way
Allen, TX, US
805 Central Expy S #100
Austin, TX, US
101 W Louis Henna Blvd #210
Folsom, CA, US
2235 Iron Point Rd
Irvine, CA, US
18555-18565-18575 Jamboree Rd
Lehi, UT, US
4000 North Flash Drive
Show all (44)

Micron Technology Financials and Metrics

Micron Technology Revenue

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Micron Technology's revenue was reported to be $21.44 b in FY, 2020 which is a 8.4% decrease from the previous period.
USD

Revenue (Q2, 2021)

6.2b

Gross profit (Q2, 2021)

1.6b

Gross profit margin (Q2, 2021), %

26.4%

Net income (Q2, 2021)

603.0m

EBIT (Q2, 2021)

663.0m

Market capitalization (15-Sept-2021)

82.7b

Closing stock price (15-Sept-2021)

73.8

Cash (4-Mar-2021)

6.5b

EV

84.0b
Micron Technology's current market capitalization is $82.7 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

30.4b23.4b21.4b

Revenue growth, %

50%(23%)(8%)

Cost of goods sold

12.5b12.7b14.9b

Gross profit

17.9b10.7b6.6b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

6.8b7.4b7.8b7.9b5.8b4.8b5.1b4.8b5.4b5.8b6.2b

Cost of goods sold

3.1b3.1b3.1b3.3b3.0b3.0b3.8b3.4b3.7b4.0b4.6b

Gross profit

3.7b4.3b4.7b4.6b2.9b1.8b1.4b1.4b1.8b1.7b1.6b

Gross profit Margin, %

55%58%61%58%49%38%27%28%32%30%26%
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Annual
USDFY, 2018FY, 2019FY, 2020

Cash

6.5b7.2b7.6b

Accounts Receivable

5.5b3.2b3.9b

Inventories

3.6b5.1b5.6b

Current Assets

16.0b16.5b18.0b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

6.0b7.8b6.8b447.0m6.4b5.2b7.0b7.1b8.3b6.0b6.5b

Accounts Receivable

3.9b4.4b4.9b5.4b4.4b3.3b3.4b3.0b3.6b3.7b3.4b

Inventories

3.2b3.2b3.4b3.9b4.4b4.9b4.9b5.2b5.4b5.5b4.7b

Current Assets

13.4b15.8b15.5b15.0b16.6b15.1b16.2b16.0b17.9b16.5b17.3b
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Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

14.1b6.4b2.7b

Depreciation and Amortization

4.8b5.4b5.7b

Inventories

(472.0m)(1.5b)(489.0m)

Accounts Payable

549.0m(174.0m)725.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

2.7b6.0b9.8b3.3b4.9b5.8b508.0m915.0m1.7b803.0m1.4b

Depreciation and Amortization

1.1b2.2b3.5b1.3b2.7b4.0b1.3b2.7b4.1b1.5b3.0b

Inventories

(37.0m)(62.0m)(246.0m)(286.0m)(800.0m)(1.3b)175.0m(90.0m)(286.0m)86.0m629.0m

Accounts Payable

(261.0m)93.0m38.0m(46.0m)(326.0m)(703.0m)178.0m257.0m700.0m(753.0m)(777.0m)
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USDQ1, 2018

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x
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Micron Technology Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018Dec, 2018FY, 2019FY, 2020

Patents (US)

16.5 k16.8 k16.1 k15.5 k13.75 k13.75 k14.2 k

Patents (Foreign)

4 k4.2 k4.3 k5 k5 k5.5 k6.5 k

Manufacturing Sites

121313

Countries

171817
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Micron Technology Acquisitions / Subsidiaries

Company NameDateDeal Size
FwdnxtOctober 24, 2019
IM FlashOctober 19, 2018
InoteraDecember 14, 2015
TiDAL SystemsOctober 02, 2015
Convey ComputerMarch 31, 2015
Pico ComputingNovember 17, 2014
Rexchip ElectronicsJuly 01, 2013
Elpida MemoryJuly 02, 2012$2.5 b
VirtenSysJanuary 20, 2012
NumonyxFebruary 09, 2010$1.3 b
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Micron Technology Revenue Breakdown

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Micron Technology revenue breakdown by business segment: 17.6% from Storage Business Unit, 42.8% from Compute and Networking Business, 12.9% from Embedded Business Unit, 26.6% from Mobile Business Unit and 0.1% from Other

Micron Technology revenue breakdown by geographic segment: 5.4% from Asia Pacific, 17.1% from Taiwan, 10.9% from China, 6.5% from Japan, 8.4% from Hong Kong, 48.4% from United States and 3.4% from Other

Human Capital Metrics

Source: www.micron.com, uploads1.craft.co, www.micron.com
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Micron Technology Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

Learn more about our premium products
SecurityScorecard logo

Micron Technology Online and Social Media Presence

Micron Technology's Trends

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Micron Technology Company Culture

  • Overall Culture

    A-

    74/100

  • CEO Rating

    A+

    81/100

  • Compensation

    A+

    82/100

  • Diversity

    A+

    83/100

Learn more on Comparably

Micron Technology News and Updates

August 31, 2021

Micron Technology to Report Fiscal Fourth Quarter Results on September 28, 2021

BOISE, Idaho, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), announced today that it will hold its fiscal fourth quarter earnings conference call on Tuesday, Sept. 28, 2021, at 2:30 p.m. Mountain time.
August 27, 2021

Further Upside For Micron Technology Stock After 5% Jump Last Week?

Micron Technology stock has seen an impressive rise of 5% over the past week and currently trades at around $74 per share. The stock rally was driven by the jump in the broader indices, supported by strong Q3 ’21 earnings announced at the end of June. Micron reported revenues of $7.4 billion...
August 25, 2021

Launching HSE 2.0 Release Candate Testing

Micron's open-source Heterogeneous-Memory Storage Engine (HSE) 2.0 release candidate is now available on GitHub, delivering more functionality, easier integration and expanded collaboration.
August 16, 2021

Why Micron Technology Stock Is Vulnerable

Micron Technology is suffering from a death cross formation that was confirmed August 12.
August 12, 2021

After 6% Drop In A Week, What’s Next For Micron Technology Stock?

The stock price of Micron Technology reached its 52-week high of $97 in April 2021, and has since dropped from that level. Further, the stock fell 6% in the past week, to levels of around $76 currently. Micron reported positive Q3 2021 earnings in early-July, with revenue coming in at $7.4 billion..
August 05, 2021

Collaborate with Qualcomm on automotive innovation

We're proud to collaborate with Qualcomm on automotive #innovation enabled by memory and storage solutions that elevate experiences on the road. Hear more from Qualcomm's SVP and GM of #Automotive, Nakul Duggal.
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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, Manish Bhatia and April Arnzen.

  • How many employees does Micron Technology have?

    Micron Technology has 40,000 employees.

  • What is Micron Technology revenue?

    Latest Micron Technology annual revenue is $21.4 b.

  • What is Micron Technology revenue per employee?

    Latest Micron Technology revenue per employee is $535.9 k.

  • Who are Micron Technology competitors?

    Competitors of Micron Technology include Western Digital, SK hynix and Intel.

  • 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, Allen, Austin, Folsom and in 35 other locations.

  • How many offices does Micron Technology have?

    Micron Technology has 44 offices.