For the quarter ending 2026-02-26, MU had $4,202M increase in cash & cash equivalents over the period. $5,516M in free cash flow.
| Cash Flow | 2026-02-26 | 2025-11-27 | 2025-08-28 | 2025-05-29 |
|---|---|---|---|---|
| Net income | 13,785 | 5,240 | 3,201 | 1,885 |
| Depreciation expense and amortization of intangible assets | 2,286 | 2,212 | 2,149 | 2,094 |
| Stock-based compensation | 309 | 290 | 250 | 253 |
| Provision to write down inventories to net realizable value | - | - | 0 | - |
| Goodwill impairment | - | - | 0 | - |
| Receivables | 7,427 | 871 | 1,653 | 461 |
| Inventories | 62 | -150 | -372 | -280 |
| Other current assets | - | - | - | 801 |
| Accounts payable and accrued expenses | 772 | 156 | 824 | 752 |
| Other current liabilities | 1,020 | 449 | 409 | -360 |
| Other noncurrent liabilities | 1,559 | 547 | - | - |
| Other | -339 | 238 | -28 | 168 |
| Net cash provided by operating activities | 11,903 | 8,411 | 5,730 | 4,609 |
| Expenditures for property, plant, and equipment | 6,387 | 5,389 | 5,658 | 2,938 |
| Purchases of available-for-sale securities | 865 | 255 | 687 | 387 |
| Proceeds from government incentives | 1,378 | 878 | 711 | 266 |
| Proceeds from maturities and sales of available-for-sale securities | 433 | 268 | 449 | 375 |
| Other | 84 | 96 | 13 | -95 |
| Net cash used for investing activities | -5,525 | -4,594 | -5,198 | -2,589 |
| Repayments of debt | 1,683 | 2,943 | 1,015 | 978 |
| Repurchases of common stock - repurchase program | 350 | 300 | 0 | - |
| Repurchases of common stock - withholdings on employee equity awards | 178 | 367 | - | - |
| Payments of dividends to shareholders | 132 | 134 | 130 | 131 |
| Payments on equipment purchase contracts | - | - | 0 | 0 |
| Proceeds from issuance of debt | 0 | - | 0 | 1,748 |
| Other | 176 | -1 | 81 | -99 |
| Net cash used for financing activities | -2,167 | -3,745 | -1,064 | 540 |
| Effect of changes in currency exchange rates on cash, cash equivalents, and restricted cash | -9 | 14 | 9 | 46 |
| Net increase in cash, cash equivalents, and restricted cash | 4,202 | 86 | -523 | 2,606 |
| Cash, cash equivalents, and restricted cash at beginning of period | 9,732 | 9,646 | 10,169 | 7,563 |
| Cash, cash equivalents, and restricted cash at end of period | 13,934 | 9,732 | 9,646 | 10,169 |
MICRON TECHNOLOGY INC (MU)
MICRON TECHNOLOGY INC (MU)