Micron Technology

Manufacturing & Industrial Technology data storage electronic components microelectronics semiconductors

Micron Technology, Inc. is a global corporation which produces many forms of semiconductor devices, including dynamic random-access memory, flash memory, and solid-state drives. Its consumer products are marketed under the brands Crucial Technology and Lexar. The Company makes DRAM Memory components and modules, including SDRAM, DDR SDRAM, DDR2 SDRAM, DDR3 SDRAM, DDR4 SDRAM, LPDRAM, RLDRAM, PSRAM, and multi-chip packages. It also makes NAND, Managed NAND and NOR flash memory, and SSDs.

Revenue(FY, 2017)

$20.3 B

Market capitalization(2018-04-18)

$66.9 B

Type

Public

Boise, US

Founded

1978

Size (employees)

34,100 (est)

Website

micron.com

Micron Technology was founded in 1978 and is headquartered in Boise, US

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Key People/Management at Micron Technology

Mark Durcan

CEO

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Micron Technology Office Locations

Micron Technology has offices in Singapore, Boise and Seoul

Boise, US (HQ)

8000 S Federal Way

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Micron Technology Financials and Metrics

Micron Technology Financials

Micron Technology's revenue was reported to be $20.32 b in FY, 2017 which is a 63.9% increase from the previous period.

Summary

USD
Revenue (Q1, 2018)	6.8 b
Gross profit (Q1, 2018)	3.7 b
Gross profit margin (Q1, 2018), %	55.1%
Net income (Q1, 2018)	2.7 b
EBIT (Q1, 2018)	3.1 b
Market capitalization (18-Apr-2018)	66.9 b
Cash (30-Nov-2017)	6 b
EV	68.5 b

Micron Technology's current market capitalization is $66.9 b.

Source: SEC FIlings

Income Statement

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Revenue	9.1 b	16.4 b	16.2 b	12.4 b	20.3 b
Revenue growth, %		80%	(1%)	(23%)	64%
Cost of goods sold	7.2 b	10.9 b	11 b	9.9 b	11.9 b
Gross profit	1.8 b	5.4 b	5.2 b	2.5 b	8.4 b

Quarterly

USD	Q1, 2014	Q2, 2014	Q1, 2015	Q3, 2014	Q3, 2015	Q2, 2015	Q1, 2016	Q3, 2016	Q2, 2016	Q3, 2017	Q2, 2017	Q1, 2018
Revenue	4 b	4.1 b	4.6 b	4 b	3.9 b	4.2 b	4 b	2.9 b	2.9 b	5.6 b	4.6 b	6.8 b
Cost of goods sold	2.8 b	2.7 b	2.9 b	2.6 b	2.7 b	2.8 b	3 b	2.4 b	2.4 b	3 b	2.9 b	3.1 b
Gross profit	1.3 b	1.4 b	1.6 b	1.4 b	1.2 b	1.4 b	1 b	498 m	579 m	2.6 b	1.7 b	3.7 b
Gross profit Margin, %	32%	34%	36%	34%	31%	34%	25%	17%	20%	47%	37%	55%

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Source: SEC FIlings

Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Cash	2.9 b	4.2 b	2.3 b	4.1 b
Inventories	2.6 b	2.5 b	2.3 b	2.9 b	3.1 b
Current Assets	8.9 b	10.2 b	8.6 b	9.5 b	12.5 b
PP&E	7.6 b	8.7 b	10.6 b	14.7 b

Quarterly

USD	Q1, 2014	Q2, 2014	Q1, 2015	Q3, 2014	Q3, 2015	Q2, 2015	Q1, 2016	Q3, 2016	Q2, 2016	Q3, 2017	Q2, 2017	Q1, 2018
Cash	3.7 b	4.3 b	3.8 b	4.1 b	3.7 b	3.5 b	4.1 b	4.6 b	3.1 b	4 b	3.6 b	6 b
Inventories	2.5 b	2.5 b	2.4 b	2.5 b	2.4 b	2.4 b	2.8 b	2.9 b	2.6 b	3.1 b	3 b	3.2 b
Current Assets	9.4 b	10 b	9.7 b	9.7 b	10 b	9.9 b	9.5 b	10.1 b	8.8 b	11 b	9.9 b	13.4 b
PP&E	7.7 b	7.9 b	9.1 b	8 b	9.9 b	9.2 b	15.3 b	13.2 b	11.8 b	19 b	19.1 b	20.7 b

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Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Net Income	1.2 b	3.1 b	2.9 b	(275 m)	5.1 b
Inventories		194 m	116 m	(549 m)	3.1 b
Accounts Payable		671 m	(691 m)	272 m	3.7 b
Cash From Operating Activities	1.8 b	5.7 b	5.2 b	3.2 b	8.2 b

Quarterly

USD	Q1, 2014	Q2, 2014	Q1, 2015	Q3, 2014	Q3, 2015	Q2, 2015	Q1, 2016	Q3, 2016	Q2, 2016	Q3, 2017	Q2, 2017	Q1, 2018
Net Income	381 m	1.1 b	1 b	1.9 b	2.4 b	1.9 b	180 m	(105 m)	110 m	2.7 b	1.1 b	2.7 b
Inventories	190 m	188 m	7 m	117 m	75 m	78 m	139 m	(580 m)	(268 m)	108 m	174 m	(37 m)
Accounts Payable	408 m	489 m	(321 m)	575 m	(533 m)	(488 m)	299 m	3 m	(67 m)	511 m	399 m	(261 m)
Cash From Operating Activities	1.5 b	2.9 b	1.6 b	4.4 b	4.2 b	2.8 b	1.1 b	2.3 b	1.9 b	5 b	2.5 b	3.6 b