MU at a glance
Micron Technology (MU, SEC CIK 723125) filed its latest 10-K annual report on October 3, 2025, a 10-Q quarterly report on June 25, 2026, an 8-K current report on September 30, 2026 and Form 4 insider filings as recently as October 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended August 28, 2025 (FY2025), Micron Technology (MU) reported revenue of $37.4 billion (up 48.9% from FY2024) and net income of $8.5 billion. Diluted EPS was $7.59.
- As of June 30, 2026, 63 institutional investment managers tracked by SignalX reported holding Micron Technology (MU) shares worth $527.1 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by MEHROTRA SANJAY on August 21, 2026 of 2,938 shares at $966.85 per share.
- In the last 90 days, MU insiders reported 0 open-market purchases ($0) and 71 open-market sales ($90.9M) on Form 4, a net sale of $90.9M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $37.4B
- +48.9% vs prior year
- Insiders · 90 days
- 0 buys · 71 sells
- Net −$90.9M
- 13F holders
- 63 funds
- $527.1B · +4 vs prior quarter
- Latest 8-K
- Sep 30, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Aug 28, 2025
Business Overview
- Core business model: Manufacturer of DRAM and NAND memory products with focus on cloud, data center, mobile, and automotive markets
- New emphasis: Shifted DRAM supply toward AI-driven data center and hyperscale cloud markets, emphasizing high-bandwidth memory (HBM) in 2025
- Strategic shift: Pivoted portfolio mix to higher-growth segments like AI and data center, reducing lower-margin mobile/client supply due to constrained capacity
- Quantitative highlight: Revenue grew 49% to $37.4B in 2025; CMBU segment revenue surged 257% driven by AI demand and HBM products
- Noteworthy fact: Achieved 40% consolidated gross margin in 2025 versus 22% in 2024, reflecting robust pricing, product mix, and cost reductions
Risk Factors
- Currency exchange risk with estimated loss $572 million for 10% adverse rate change against U.S. dollar as of August 28, 2025
- Manufacturing cost exposure to currency fluctuations in Canadian dollar, Chinese yuan, euro, Japanese yen, and others affecting capital expenditures
- Currency forward contracts hedging strategy with maturities up to two years relies on timely and accurate exposure measurement
- Losses from currency volatility increased from $480 million in fiscal 2024 to $572 million in fiscal 2025, indicating rising foreign exchange risk
Management Discussion & Analysis
- No cash flow, capital allocation, or dividend details offered
- No management outlook, guidance, or emerging risks mentioned
AI summary of the MU 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended May 28, 2026
Management Discussion & Analysis
- Revenue $41,456 million, up 346% YoY from $9,301 million
- Gross margin 85% vs 38% YoY; operating margin 80% vs 23% YoY
- Best segment CDBU: revenue $11,524 million, up 653% YoY
- Worst segment AEBU: revenue $4,634 million, up 311% YoY
- AI-driven demand exceeds supply; strategic customer agreements expected to improve visibility and stability
Risk Factors
- Newly triggered AI demand risk: HBM requires more wafers and cleanroom space than conventional DRAM, increasing oversupply risk if demand weakens
- Most materially updated market risk: DRAM average selling prices increased approximately 140% and NAND prices 130% in the first nine months of 2026
- Regulatory risk: China’s CAC restrictions prohibit critical information infrastructure operators from purchasing Micron products
- Operational risk: Majority of 2025 DRAM output came from Taiwan facilities exposed to geopolitical disruption
- Financial risk: Capacity expansions require significant capital before returns and may depend on external funding
AI summary of the MU 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Fiscal Q4 and full-year 2026 results announced for period ended September 3, 2026
- Detailed financial results and management commentary available in Exhibit 99.1
Item EX-99.1: Item EX-99.1
- Record FY26 revenue $133.19B and GAAP net income $84.97B, driven by AI-related memory demand
- Q4 revenue $54.23B, up from $41.46B sequentially, with GAAP gross margin expanding to 86.8%
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Manish Bhatia appointed President and COO, effective August 26, 2026, adding companywide operational responsibility
- Scott DeBoer appointed President and Chief Technology and Products Officer, effective immediately
Item 2.02: Results of Operations and Financial Condition
- Micron announced fiscal Q3 2026 results for the quarter ended May 28, 2026
- Results press release issued June 24, 2026 and filed as Exhibit 99.1
Item EX-99.1: Item EX-99.1
- Fiscal Q3 2026 revenue $41.46B, up from $23.86B prior quarter and $9.30B year ago, signaling exceptional AI-memory demand
- GAAP net income $28.24B and diluted EPS $24.67, with operating margin 80.4% versus 67.6% prior quarter
AI summaries of MU 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for MU
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Liu Teyin M | A | Sep 30, 2026 | 29 | - |
| Bjorlin Alexis | A | Sep 30, 2026 | 29 | - |
| SWAN ROBERT HOLMES | A | Sep 30, 2026 | 38 | - |
| MEHROTRA SANJAY | Sell | Aug 21, 2026 | 2,938 | $966.85 |
| MEHROTRA SANJAY | Sell | Aug 21, 2026 | 3,434 | $964.67 |
| MEHROTRA SANJAY | Sell | Aug 21, 2026 | 2,930 | $965.81 |
| MEHROTRA SANJAY | Sell | Aug 21, 2026 | 4,305 | $962.84 |
| MEHROTRA SANJAY | Sell | Aug 21, 2026 | 144 | $959.14 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $25.1B | $37.4B |
| Gross Profit | - | $5.6B | $14.9B |
| Operating Income | - | $1.3B | $9.8B |
| Net Income | - | $778.0M | $8.5B |
| Gross Margin | - | 22.4% | 39.8% |
| Op. Margin | - | 5.2% | 26.1% |
| Net Margin | - | 3.1% | 22.8% |
| Balance Sheet | |||
| Total Assets | $64.3B | $69.4B | $82.8B |
| Equity | - | $45.1B | $54.2B |
| ROE | - | 1.7% | 15.8% |
| Per Share | |||
| EPS | - | $0.70 | $7.59 |
| Cash Flow | |||
| Operating CF | - | $8.5B | $17.5B |
| CapEx | $7.7B | $8.4B | $15.9B |
Source: XBRL data in Micron Technology (MU)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate MU share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 63 | $527.09B |
| Q1 2026 | 59 | $149.02B |
| Q4 2025 | 53 | $134.86B |
| Q3 2025 | 52 | $79.30B |
| Q2 2025 | 48 | $57.36B |
| Q1 2025 | 43 | $29.88B |
| Q4 2024 | 40 | $23.86B |
| Q3 2024 | 38 | $14.14B |
- JPMorgan Chase & Co+10.06M (+64%)
- T. Rowe Price Group+8.83M (+165%)
- Goldman Sachs Group+5.53M (+44%)
- Bank of America Corp+2.14M (+27%)
- BlackRock+1.68M (+2%)
- FMR LLC (Fidelity)−5.34M (-17%)
- Citadel Advisors LLC−4.00M (-87%)
- D.E. Shaw & Co−2.89M (-79%)
- State Street Corp−2.16M (-4%)
- Renaissance Technologies LLC−1.95M (-90%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 396 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
MU filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 8-K | Sep 30, 2026 | - | Analysis | - |
| 4 | Aug 28, 2026 | - | - | - |
| 8-K | Aug 26, 2026 | - | Analysis | - |
| 4 | Aug 25, 2026 | - | - | - |
| 4 | Aug 20, 2026 | - | - | - |
| 4 | Jul 28, 2026 | - | - | - |
| 4 | Jul 28, 2026 | - | - | - |
| 4 | Jul 27, 2026 | - | - | - |
| 4 | Jul 17, 2026 | - | - | - |
| 4 | Jul 6, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jun 30, 2026 | - | - | - |
| 4 | Jun 30, 2026 | - | - | - |
| 10-Q | Jun 25, 2026 | May 28, 2026 | Analysis | |
| 8-K | Jun 24, 2026 | - | Analysis | - |
| 4 | Jun 11, 2026 | - | - | - |
| 8-K | Jun 9, 2026 | - | Analysis | |
| 4 | Jun 2, 2026 | - | - | |
| 4 | Jun 2, 2026 | - | - | |
| 4 | May 5, 2026 | - | - | - |
| 4 | May 5, 2026 | - | - | - |
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MU SEC filings: frequently asked questions
Are MU insiders buying or selling?
In the last 90 days, Micron Technology (MU) officers, directors and 10% owners reported no open-market purchases and 71 open-market sales worth $90.9 million by 3 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold MU stock?
As of June 30, 2026, the largest Micron Technology (MU) holders among the 13F filers tracked by SignalX were BlackRock ($121.0 billion), Vanguard Capital Management LLC ($85.0 billion), State Street Corp ($57.8 billion), Invesco Ltd ($41.9 billion), FMR LLC (Fidelity) ($30.8 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was MU's revenue in fiscal year 2025?
For the fiscal year ended August 28, 2025 (FY2025), Micron Technology (MU) reported revenue of $37.4 billion (up 48.9% from FY2024) and net income of $8.5 billion. Diluted EPS was $7.59. The figures come from the XBRL data in the 10-K.
What are the main risks in MU's latest 10-K?
In the 10-K filed October 3, 2025, Micron Technology (MU) flagged: Currency exchange risk with estimated loss $572 million for 10% adverse rate change against U.S. dollar as of August 28, 2025. Manufacturing cost exposure to currency fluctuations in Canadian dollar, Chinese yuan, euro, Japanese yen, and others affecting capital expenditures. (AI summary of the Risk Factors section.)
What did MU report in its latest 8-K?
Micron Technology (MU) filed an 8-K on September 30, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Fiscal Q4 and full-year 2026 results announced for period ended September 3, 2026.
What are the latest MU SEC filings?
Micron Technology (MU) filed its latest 10-K annual report on October 3, 2025, a 10-Q quarterly report on June 25, 2026, an 8-K current report on September 30, 2026 and a Form 4 insider filing on October 2, 2026.
What is MU's SEC CIK number?
Micron Technology (MU)'s SEC Central Index Key (CIK) is 723125. EDGAR lists every MU filing under that number.
Ask anything about MU
The research agent reads MU's filings, financials, insider trades and 13F holders, then answers with sources.