OverviewSuggest Edit

Micron Technology is a provider of memory and storage solutions. It operates through four business segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. The company serves a variety of markets, including computer, networking, graphics, and cloud server, smartphone, tablet, and other mobile-device markets, as well as enterprise, client, cloud, and removable storage, automotive, industrial, connected home, and consumer electronics.

TypePublic
Founded1978
HQBoise, ID, US
Websitemicron.com
Employee Ratings3.7
Overall CultureB+

Latest Updates

Employees (est.) (Sept 2020)40,000(+9%)
Job Openings2
Revenue (FY, 2020)$21.4 B(-8%)
Share Price (Jan 2021)$80.7
Cybersecurity ratingBMore

Key People/Management at Micron Technology

Sanjay Mehrotra

Sanjay Mehrotra

President and Chief Executive Officer
April Arnzen

April Arnzen

Senior Vice President, Human Resources
Manish Bhatia

Manish Bhatia

Executive Vice President, Global Operations
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
Show more

Micron Technology Office Locations

Micron Technology has offices in Boise, Allen, Austin, Folsom and in 34 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 (43)

Micron Technology Financials and Metrics

Micron Technology Revenue

Embed Graph
View revenue for all periods
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 (Q1, 2021)

5.8b

Gross profit (Q1, 2021)

1.7b

Gross profit margin (Q1, 2021), %

30.1%

Net income (Q1, 2021)

803.0m

EBIT (Q1, 2021)

866.0m

Market capitalization (15-Jan-2021)

90.3b

Closing stock price (15-Jan-2021)

80.7

Cash (3-Dec-2020)

6.0b

EV

92.1b
Micron Technology's current market capitalization is $90.3 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, 2021

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

55%58%61%58%49%38%27%28%32%30%
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, 2021

Cash

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

Accounts Receivable

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

Inventories

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

Current Assets

13.4b15.8b15.5b15.0b16.6b15.1b16.2b16.0b17.9b16.5b
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, 2021

Net Income

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

Depreciation and Amortization

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

Inventories

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

Accounts Payable

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

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x
Show all financial metrics

Micron Technology Operating Metrics

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

Patents (US)

16.50 k16.80 k16.10 k15.50 k13.75 k13.75 k14.20 k

Patents (Foreign)

4 k4.20 k4.30 k5 k5 k5.50 k6.50 k

Manufacturing Sites

12 13 13

Countries

17 18 17
Show all operating metrics

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$2.50 b
VirtenSysJanuary 20, 2012
NumonyxFebruary 09, 2010$1.30 b
Show more

Micron Technology Revenue Breakdown

Embed Graph

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

Show all human capital metrics

Micron Technology Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Micron Technology Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Micron Technology Online and Social Media Presence

Embed Graph

Micron Technology Company Culture

  • Overall Culture

    B+

    72/100

  • CEO Rating

    A+

    77/100

  • Compensation

    A+

    82/100

  • Diversity

    A+

    80/100

Learn more on Comparably

Micron Technology News and Updates

Thinking about trading options or stock in Baidu, Moderna, Micron Technology, Riot Blockchain, or New Relic?

NEW YORK, Jan. 8, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BIDU, MRNA, MU, RIOT, and NEWR. 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, Inc. Reports Results for the First Quarter of Fiscal 2021

Industry’s first 176-layer NAND in production

Global Semiconductor Market in the Military and Aerospace Sector to 2024 - Featuring KCB Solutions, Microchip Technology & Micron Technology Among Others

Dublin, Jan. 05, 2021 (GLOBE NEWSWIRE) -- The "Global Semiconductor Market in Military and Aerospace Market 2020-2024" report has been added to ResearchAndMarkets.com's offering. The publisher has been monitoring the semiconductor in the military and aerospace market and it is poised to grow by $…

Time To Sell Micron Technology Stock?

Up more than 2x since March, we believe Micron Technology stock could see significant downside. Micron Technology is a memory semiconductor company, manufacturing DRAM and NAND semiconductor raw materials, used by HDD and flash manufacturers. MU stock trades at $73 currently and is, in fact, up 36%.

Micron Technology to Report Fiscal First Quarter Results on Jan. 7, 2021, and Participate in Investor Event Jan. 12

BOISE, Idaho, Dec. 10, 2020 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), announced today that it will hold its fiscal first quarter earnings conference call on Thursday, Jan. 7, 2021, at 2:30 p.m. Mountain time. A live webcast of the call will air on Micron’s Investor Relations websit…
Show more

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, April Arnzen and Manish Bhatia.

  • 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 Infineon.

  • 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 34 other locations.

  • How many offices does Micron Technology have?

    Micron Technology has 43 offices.