Micron Technology (MU) FY2025 10-K Annual Report

Filed: Oct 3, 2025
Information Technology
Semiconductors & Related DevicesSEC EDGAR

Micron Technology (MU) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Oct 3, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Micron Technology FY2025 10-K Analysis

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
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Management Discussion & Analysis

  • Revenue and profitability data not provided in excerpt
  • No segment performance figures disclosed
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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
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Micron Technology FY2025 Key Financial Metrics
XBRL

Revenue

$37.4B

+48.9% YoY

Net Income

$8.5B

+997.6% YoY

Gross Margin

39.8%

+1744bp YoY

Operating Margin

26.1%

+2095bp YoY

Net Margin

22.8%

+1975bp YoY

ROE

15.8%

+1404bp YoY

Total Assets

$82.8B

+19.3% YoY

EPS (Diluted)

$7.59

+984.3% YoY

Operating Cash Flow

$17.5B

+106.0% YoY

Source: XBRL data from Micron Technology FY2025 10-K filing on SEC EDGAR. All figures in USD.

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