Micron Technology, Inc. (MU) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 66.74B | 41.41B | 29.66B | 28.84B | 27.92B | 24.69B | 24.49B | 24.37B | 23.32B | 23.43B | 21.06B | 21.24B | 21.73B | 21.9B | 22.92B | 21.78B | 22.71B | 21.5B | 20.19B | 19.91B |
| Cash & Short-Term Investments | 26.02B | 14.62B | 10.32B | 10.31B | 10.81B | 8.21B | 7.59B | 8.11B | 8.38B | 9.01B | 9.05B | 9.59B | 10.35B | 10.82B | 10.58B | 9.33B | 10.23B | 10.12B | 9.58B | 8.63B |
| Cash Only | 25B | 12.54B | 8.81B | 9.64B | 10.16B | 7.55B | 6.69B | 7.04B | 7.59B | 8.02B | 8.07B | 8.58B | 9.3B | 9.8B | 9.57B | 8.26B | 9.16B | 9.12B | 8.68B | 7.76B |
| Short-Term Investments | 1.03B | 2.08B | 1.51B | 665M | 648M | 663M | 895M | 1.06B | 785M | 990M | 973M | 1.02B | 1.05B | 1.02B | 1.01B | 1.07B | 1.07B | 1.01B | 900M | 870M |
| Accounts Receivable | 31.02B | 17.31B | 10.18B | 9.27B | 7.44B | 6.5B | 7.42B | 6.62B | 5.13B | 4.3B | 2.94B | 2.44B | 2.43B | 2.28B | 3.32B | 5.13B | 6.23B | 5.38B | 5.25B | 5.31B |
| Days Sales Outstanding | 53.05 | 52.44 | 64.86 | 67.16 | 68.19 | 78.69 | 73.34 | 68.96 | 62.98 | 56.55 | 51.85 | 55.28 | 57.08 | 68.95 | 94.1 | 77.8 | 61.14 | 62.14 | 62.51 | 52.47 |
| Inventory | 8.57B | 8.27B | 8.21B | 8.36B | 8.73B | 9.01B | 8.71B | 8.88B | 8.51B | 8.44B | 8.28B | 8.39B | 8.24B | 8.13B | 8.36B | 6.66B | 5.63B | 5.38B | 4.83B | 4.49B |
| Days Inventory Outstanding | 119.68 | 122.64 | 125.77 | 124.14 | 139.29 | 158.33 | 149.21 | 157.81 | 154.94 | 160.32 | 159.25 | 170.18 | 168.48 | 153.13 | 214.13 | 139.09 | 108.76 | 113.03 | 102.81 | 94.13 |
| Other Current Assets | 1.12B | 1.22B | 957M | 914M | 945M | 963M | 777M | 776M | 1.3B | 1.69B | 791M | 820M | 715M | 673M | 663M | 657M | 623M | 613M | 534M | 1.48B |
| Total Non-Current Assets | 67.38B | 60.1B | 56.31B | 53.96B | 50.48B | 48.36B | 46.97B | 45.04B | 42.94B | 42.28B | 42.72B | 43.01B | 43.95B | 44.62B | 44.95B | 44.5B | 42.59B | 42.19B | 41.05B | 38.94B |
| Property, Plant & Equipment | 57.11B | 52.09B | 49.18B | 47.33B | 45.4B | 43.16B | 42.1B | 40.39B | 38.59B | 38.23B | 38.33B | 38.59B | 39.38B | 39.76B | 40.03B | 39.23B | 37.35B | 36.76B | 35.73B | 33.76B |
| Fixed Asset Turnover | 0.76x | 0.47x | 0.28x | 0.24x | 0.21x | 0.19x | 0.21x | 0.20x | 0.18x | 0.15x | 0.12x | 0.10x | 0.09x | 0.09x | 0.10x | 0.17x | 0.23x | 0.21x | 0.22x | 0.25x |
| Goodwill | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.25B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B |
| Intangible Assets | 473M | 468M | 465M | 453M | 426M | 423M | 419M | 416M | 413M | 414M | 416M | 404M | 410M | 410M | 428M | 421M | 415M | 414M | 347M | 349M |
| Long-Term Investments | 4.11B | 2.04B | 1.7B | 1.63B | 1.4B | 1.38B | 1.16B | 1.05B | 775M | 627M | 720M | 844M | 973M | 1.21B | 1.43B | 1.65B | 1.75B | 1.72B | 1.82B | 1.76B |
| Other Non-Current Assets | 3.84B | 3.67B | 3.17B | 2.78B | 1.62B | 1.7B | 1.67B | 1.52B | 1.42B | 1.2B | 1.33B | 1.26B | 1.22B | 1.32B | 1.17B | 1.28B | 1.16B | 1.31B | 1.19B | 1.05B |
| Total Assets | 134.11B | 101.51B | 85.97B | 82.8B | 78.4B | 73.05B | 71.46B | 69.42B | 66.25B | 65.72B | 63.78B | 64.25B | 65.68B | 66.52B | 67.87B | 66.28B | 65.3B | 63.7B | 61.25B | 58.85B |
| Asset Turnover | 0.35x | 0.25x | 0.16x | 0.14x | 0.12x | 0.11x | 0.12x | 0.11x | 0.10x | 0.09x | 0.07x | 0.06x | 0.06x | 0.05x | 0.06x | 0.10x | 0.13x | 0.12x | 0.13x | 0.14x |
| Asset Growth % | 71.07% | 38.95% | 20.3% | 19.28% | 18.33% | 11.16% | 12.05% | 8.03% | 0.88% | -1.21% | -6.04% | -3.06% | 0.59% | 4.43% | 10.82% | 12.63% | 16.72% | 17.66% | 14.07% | 9.63% |
| Total Current Liabilities | 19.49B | 14.3B | 12.06B | 11.45B | 10.13B | 7.88B | 9.02B | 9.25B | 6.84B | 6.26B | 5.96B | 4.76B | 5.1B | 5.25B | 6.53B | 7.54B | 7.01B | 6.92B | 6.51B | 6.42B |
| Accounts Payable | 15.52B | 3.39B | 3.23B | 3.13B | 2.76B | 2.38B | 2.52B | 2.73B | 1.95B | 1.91B | 1.72B | 1.73B | 1.64B | 1.69B | 1.79B | 2.14B | 2.02B | 1.92B | 1.9B | 1.74B |
| Days Payables Outstanding | 134.42 | 49.25 | 48.29 | 42.8 | 40.37 | 43.83 | 44.52 | 42.45 | 35.31 | 34.85 | 32.93 | 34.44 | 34.27 | 32.3 | 56.03 | 47.08 | 38.94 | 42.29 | 40.18 | 35.3 |
| Short-Term Debt | 582M | 585M | 637M | 634M | 0 | 573M | 106M | 106M | 106M | 106M | 693M | 106M | 106M | 106M | 62M | 0 | 165M | 181M | 176M | 1M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 26M | 0 | 413M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 57M | 78M | 74M | 0 |
| Other Current Liabilities | 3.38B | 7.84B | 6.35B | 5.92B | 836M | 3.53B | 1.36B | 1.52B | 1.3B | 1.24B | 1.11B | 529M | 668M | 708M | 916M | 1.35B | 3.51B | 3.66B | 3.22B | 943M |
| Current Ratio | 3.42x | 2.90x | 2.46x | 2.52x | 2.75x | 3.13x | 2.72x | 2.64x | 3.41x | 3.74x | 3.53x | 4.46x | 4.26x | 4.17x | 3.51x | 2.89x | 3.24x | 3.11x | 3.10x | 3.10x |
| Quick Ratio | 2.98x | 2.32x | 1.78x | 1.79x | 1.89x | 1.99x | 1.75x | 1.68x | 2.16x | 2.40x | 2.14x | 2.70x | 2.64x | 2.62x | 2.23x | 2.01x | 2.44x | 2.33x | 2.36x | 2.40x |
| Cash Conversion Cycle | 38.31 | 125.84 | 142.34 | 148.5 | 167.11 | 193.19 | 178.02 | 184.32 | 182.61 | 182.03 | 178.17 | 191.01 | 191.3 | 189.78 | 252.19 | 169.81 | 130.96 | 132.88 | 125.14 | 111.3 |
| Total Non-Current Liabilities | 13.9B | 14.75B | 15.11B | 17.18B | 17.51B | 16.54B | 15.65B | 15.04B | 15.19B | 15.59B | 14.93B | 15.37B | 15.17B | 14.01B | 12.04B | 8.84B | 9.01B | 8.93B | 8.83B | 8.49B |
| Long-Term Debt | 5.14B | 7.34B | 8.84B | 14.02B | 12.43B | 11.54B | 11.2B | 11.24B | 11.23B | 11.91B | 11.33B | 11.94B | 11.97B | 11.1B | 9.29B | 6.02B | 6.03B | 6.08B | 6.1B | 5.97B |
| Capital Lease Obligations | 654M | 2.87B | 3.01B | 701M | 3.17B | 2.91B | 2.64B | 2.34B | 2.24B | 2.06B | 1.87B | 1.71B | 1.62B | 1.55B | 1.43B | 1.39B | 1.45B | 1.41B | 1.33B | 1.15B |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 7.09B | 3.54B | 2.1B | 1.44B | 1.31B | 1.26B | 1.24B | 911M | 1.05B | 956M | 1.03B | 987M | 950M | 832M | 808M | 835M | 858M | 741M | 632M | 559M |
| Total Liabilities | 33.39B | 29.05B | 27.16B | 28.63B | 27.65B | 24.42B | 24.66B | 24.29B | 22.03B | 21.85B | 20.89B | 20.13B | 20.27B | 19.26B | 18.57B | 16.38B | 16.02B | 15.85B | 15.34B | 14.92B |
| Total Debt | 6.38B | 10.8B | 12.49B | 15.28B | 16.14B | 15.02B | 14.37B | 14.01B | 13.87B | 14.31B | 14.11B | 13.93B | 13.85B | 12.88B | 10.89B | 7.52B | 7.65B | 7.67B | 7.6B | 7.28B |
| Net Debt | -18.62B | -1.74B | 3.68B | 5.64B | 5.98B | 7.47B | 7.68B | 6.97B | 6.27B | 6.3B | 6.03B | 5.36B | 4.55B | 3.09B | 1.32B | -746M | -1.51B | -1.45B | -1.08B | -482M |
| Debt / Equity | 0.06x | 0.15x | 0.21x | 0.28x | 0.32x | 0.31x | 0.31x | 0.31x | 0.31x | 0.33x | 0.33x | 0.32x | 0.30x | 0.27x | 0.22x | 0.15x | 0.16x | 0.16x | 0.17x | 0.17x |
| Debt / EBITDA | 0.52x | 0.59x | 1.50x | 2.57x | 3.79x | 3.94x | 3.42x | 4.09x | 5.19x | 6.90x | 17.92x | 36.76x | 71.02x | - | 6.36x | 2.27x | 1.59x | 1.79x | 1.77x | 1.59x |
| Net Debt / EBITDA | -1.53x | -0.09x | 0.44x | 0.95x | 1.40x | 1.96x | 1.83x | 2.03x | 2.35x | 3.04x | 7.66x | 14.13x | 23.33x | - | 0.77x | -0.22x | -0.31x | -0.34x | -0.25x | -0.11x |
| Interest Coverage | - | 507.28x | 82.91x | 30.33x | 18.18x | 16.71x | 19.25x | 11.23x | 4.54x | 2.19x | -7.80x | -10.66x | -13.86x | -24.91x | -3.84x | 33.36x | 68.16x | 46.38x | 59.42x | 62.83x |
| Total Equity | 100.72B | 72.46B | 58.81B | 54.16B | 50.75B | 48.63B | 46.8B | 45.13B | 44.23B | 43.87B | 42.88B | 44.12B | 45.41B | 47.26B | 49.31B | 49.91B | 49.28B | 47.84B | 45.91B | 43.93B |
| Equity Growth % | 98.48% | 48.99% | 25.66% | 20.02% | 14.75% | 10.86% | 9.12% | 2.29% | -2.6% | -7.17% | -13.02% | -11.6% | -7.87% | -1.23% | 7.4% | 13.6% | 16.62% | 17.66% | 15.04% | 12.66% |
| Book Value per Share | 87.97 | 63.56 | 51.67 | 48.15 | 45.11 | 43.31 | 41.71 | 40.12 | 39.38 | 39.38 | 38.99 | 40.29 | 41.50 | 43.32 | 45.23 | 45.12 | 43.96 | 42.34 | 40.63 | 38.61 |
| Total Shareholders' Equity | 100.72B | 72.46B | 58.81B | 54.16B | 50.75B | 48.63B | 46.8B | 45.13B | 44.23B | 43.87B | 42.88B | 44.12B | 45.41B | 47.26B | 49.31B | 49.91B | 49.28B | 47.84B | 45.91B | 43.93B |
| Common Stock | 128M | 127M | 127M | 127M | 126M | 126M | 126M | 125M | 125M | 125M | 124M | 124M | 124M | 123M | 123M | 123M | 122M | 122M | 122M | 122M |
| Retained Earnings | 94.68B | 66.82B | 53.34B | 48.58B | 45.56B | 43.84B | 42.43B | 40.88B | 40.17B | 40B | 39.36B | 40.82B | 42.39B | 44.43B | 46.87B | 47.27B | 45.92B | 43.41B | 41.27B | 39.05B |
| Treasury Stock | -8.5B | -8.5B | -8.15B | -7.85B | -7.85B | -7.85B | -7.85B | -7.85B | -7.55B | -7.55B | -7.55B | -7.55B | -7.55B | -7.55B | -7.55B | -7.13B | -6.34B | -5.36B | -4.95B | -4.7B |
| Accumulated OCI | -26M | -82M | -123M | -32M | -45M | -191M | -221M | -134M | -311M | -264M | -260M | -312M | -340M | -373M | -473M | -560M | -364M | -138M | -91M | 2M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |