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Micron Technology — Sep 23, 2025 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000723125-25-000024
Open on SEC.gov ↗
Showing in the filing
Sequential revenue growth
“$1.2 billion”
Period
No period stated
Measure
GAAP-tied
Source
Prose
All guidance in this release · 10
Sequential revenue growth
“$1.2 billion”
Gross margin
“exceeding 50%”
Quarterly dividend
“$0.115 per share”
Revenue - Non-GAAP Outlook for Q1 FY2026
“$12.50 billion ± $300 million”
Gross margin - GAAP Outlook for Q1 FY2026
“50.5% ± 1.0%”
Gross margin - Non-GAAP Outlook for Q1 FY2026
“51.5% ± 1.0%”
Operating expenses - GAAP Outlook for Q1 FY2026
“$1.49 billion ± $20 million”
Operating expenses - Non-GAAP Outlook for Q1 FY2026
“$1.34 billion ± $20 million”
Diluted earnings per share - GAAP Outlook for Q1 FY2026
“$3.56 ± $0.15”
Diluted earnings per share - Non-GAAP Outlook for Q1 FY2026
“$3.75 ± $0.15”
Exhibit 99.1 · the passage around this item
… earlier in the release
ngy@micron.com (408) 450-6199 (408) 203-2910 MICRON TECHNOLOGY, INC. REPORTS RESULTS FOR THE FOURTH QUARTER AND FULL YEAR OF FISCAL 2025 Record fiscal Q4 and full-year revenue driven by AI data center growth Forecasting $1.2 billion in sequential revenue growth with gross margins exceeding 50% BOISE, Idaho, September 23, 2025 – Micron Technology, Inc. (Nasdaq: MU) today announced results for its fourth quarter and full year of fiscal 2025, which ended August 28, 2025. Fiscal Q4 2025 highlights • Revenue of $11.32 billion versus $9.30 billion for the prior quarter and $7.75 billion for the same period last year • GAAP net income of $3.20 billion, or $2.83 per diluted share • Non-GAAP net income of $3.47 billion, or $3.03 per diluted share • Operating cash flow of $5.73 billion versus $4.61 billion for the prior quarter and $3.41 billion for the same period last year Fiscal 2025 highlights • Revenue of $37.38 billion versus $25.11 billion for the prior year • GAAP net income of $8.54 billion, or $7.59 per diluted share • Non-GAAP net income of $9.47 billion, or $8.29 per diluted share • Operating cash flow of $17.53 billion versus $8.51 billion for the prior year “Micron closed out a record-breaking fiscal year with exceptional Q4 performance, underscoring our leadership in technology, products, and operational execution,” said Sanjay Mehrotra, Chairman, President and CEO of Micron Technology. “In fiscal 2025,
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.