Stock Analysis on Net
Stock Analysis on Net

Micron Technology Inc. (NASDAQ:MU)

$24.99

Income Statement

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

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Micron Technology Inc., consolidated income statement

US$ in millions

Microsoft Excel
12 months ended: Aug 29, 2024 Aug 31, 2023 Sep 1, 2022 Sep 2, 2021 Sep 3, 2020 Aug 29, 2019
Revenue
Cost of goods sold
Gross margin
Research and development
Selling, general, and administrative
Restructure and asset impairments
Patent cross-license agreement gain
Gain (loss) on disposition of property, plant, and equipment
Goodwill impairment
Litigation settlement
Patent license charges
Other
Other operating income (expense), net
Operating income (loss)
Interest income
Interest expense
Gain (loss) on investments
Gain (loss) on debt repurchases and conversions
Other
Other non-operating income (expense), net
Income (loss) before income tax provision and equity in net income (loss) of equity method investees
Income tax provision
Equity in net income (loss) of equity method investees
Net income (loss)
Net income attributable to noncontrolling interests
Net income (loss) attributable to Micron

Based on: 10-K (reporting date: 2024-08-29), 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-09-01), 10-K (reporting date: 2021-09-02), 10-K (reporting date: 2020-09-03), 10-K (reporting date: 2019-08-29).

Income statement item Description The company
Revenue Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Micron Technology Inc. revenue decreased from 2022 to 2023 but then increased from 2023 to 2024 not reaching 2022 level.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Micron Technology Inc. operating income (loss) decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.
Income (loss) before income tax provision and equity in net income (loss) of equity method investees Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Micron Technology Inc. income (loss) before income tax provision and equity in net income (loss) of equity method investees decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.
Net income (loss) attributable to Micron The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Micron Technology Inc. net income (loss) attributable to Micron decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.