MU
Micron Technology, Inc.232.51
-4.99-2.1%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
261.66BP/E (TTM)
30.67Basic EPS (TTM)
7.58Dividend Yield
0%Recent Filings
8-K
Micron's record Q1 AI surge
8-K
Micron directors to retire
Micron Technology announced on October 21, 2025, that directors Richard M. Beyer and Mary Pat McCarthy will retire at the January 15, 2026, annual shareholders meeting, after serving since 2013 and 2018, respectively. Beyer, with CEO experience at semiconductor firms, chaired the Compensation Committee; McCarthy, a KPMG veteran, led the Audit Committee. Their exits shrink the board to eight members. Yet continuity holds: all remaining directors stand for reelection.
10-K
FY2025 results
Micron's FY2025 revenue surged 49% y/y to $37.4B, powered by DRAM sales jumping 62% on low-40% ASP gains and mid-teens bit growth, fueled by AI demand; NAND rose 18% on high-teens bit shipments despite softer pricing. Cloud Memory (CMBU) exploded 257% to $13.5B, with HBM3E 12-high dominating Q4 shipments amid data center acceleration, while Core Data Center (CDBU) grew 45% on SSD ramps. Q4 momentum shone through margin expansion across units, sequential DRAM supply shifts to high-value AI, and $17.5B operating cash flow funding $15.9B capex. Debt stands at $14.6B after refinancing; $2B government incentives offset spends. Upside sharing kicks in post-ramp. CAC China ban curbs access.
8-K
Micron's AI-fueled record year
Micron Technology reported record fiscal 2025 revenue of $37.38 billion, up 49% from $25.11 billion last year, fueled by surging AI data center demand that boosted Q4 sales to $11.32 billion and GAAP net income to $3.20 billion. The cloud memory unit hit $4.54 billion in Q4 revenue with 59% gross margins, while full-year operating cash flow soared to $17.53 billion. Momentum builds. Looking ahead, Q1 2026 revenue eyes $12.50 billion with over 50% gross margins, though supply chain risks loom.
8-K
Micron lifts Q4 outlook
Micron Technology boosted its Q4 fiscal 2025 guidance on August 11, 2025, raising revenue to $11.2 billion ± $100 million from $10.7 billion ± $300 million, non-GAAP gross margins to 44.5% ± 0.5%, and EPS to $2.85 ± $0.07. Strong DRAM pricing and execution drive the uplift. Guidance excludes uncertain events like mergers. Risks could alter outcomes.
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