mu: the income statement

MyFinsight

For the year ending 2025-08-28, MU made $37,378M in revenue. $8,539M in net income. Net profit margin of 22.84%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-08-28	2024-08-29	2023-08-31	2022-09-01
Revenue	37,378	25,111	15,540	30,758
Cost of goods sold	22,505	19,498	16,956	16,860
Gross margin	14,873	5,613	-1,416	13,898
Research and development	3,798	3,430	3,114	3,116
Selling, general, and administrative	1,205	1,129	920	1,066
Restructure and asset impairments	39	1	171	48
Other operating (income) expense, net	-61	251	-124	34
Operating income (loss)	9,770	1,304	-5,745	9,702
Interest income	496	529	468	96
Interest expense	477	562	388	189
Gain (loss) on debt prepayments, repurchases, and conversions	-	-	-	-83
Gain (loss) on investments	-	-	-	26
Other	-	-	-	19
Other non-operating income (expense), net	-135	-31	7	-38
Income (loss) before income taxes and equity in net income (loss) of equity method investees	9,654	1,240	-5,658	9,571
Income tax (provision) benefit	1,124	451	177	888
Equity in net income (loss) of equity method investees	9	-11	2	4
Net income	-	-	-	8,687
Net income attributable to noncontrolling interests	-	-	-	0
Net income (loss)	8,539	778	-5,833	8,687

Basic (in dollars per share)	7.65	0.7	-5.34	7.81
Basic (in shares)	1,116,000,000	1,105,000,000	1,093,000,000	1,112,000,000
Diluted (in dollars per share)	7.59	0.7	-5.34	7.75
Diluted (in shares)	1,125,000,000	1,118,000,000	1,093,000,000	1,122,000,000