10-Q quarterly report · filed Mar 21, 2025

Micron Technology (MU) Q1 2025 10-Q Quarterly Report

Short answer

Micron Technology (MU) filed its Q1 2025 10-Q quarterly report on Mar 21, 2025 for the quarter ended Feb 27, 2025. Quarterly revenue was $8.1B (up 38.3% year over year) with net income of $1.6B.

Q1 2025 key financials · XBRL

Revenue
$8.1B
+38.3% YoY · −7.5% QoQ
Net income
$1.6B
+99.6% YoY · −15.3% QoQ
Operating margin
22.0%
Gross margin
36.8%
EPS (diluted)
$1.41
+95.8% YoY · −15.6% QoQ

Source: XBRL data from the Micron Technology (MU) Q1 2025 10-Q on SEC EDGAR. USD.

Micron Technology Q1 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New geopolitical risk from May 2023 Chinese cybersecurity review barring sales to critical Chinese infrastructure operators impacting Mainland China and Hong Kong revenue
  • Updated risk on government incentives after Dec 2024 CHIPS Act agreements with US Dept of Commerce, subject to compliance and clawback risk
  • Regulatory risk from ongoing and potential US export restrictions limiting sales to key customers, risking loss of market share and revenue
  • Operational risk from capacity expansions in US facing skilled labor shortages, inflation, supply constraints, and potential delays increasing costs
  • Financial risk from inventory write-downs totaling $1.83B in 2023 due to obsolete/ excess inventory and product demand forecasting challenges

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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