Micron Technology, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $84.97B | $8.54B | $778.0M | $-5.83B | $8.69B | $5.86B | $2.69B | $6.31B |
| Depreciation & Amortization | $9.50B | $8.35B | $7.78B | $7.76B | $7.12B | $6.21B | $5.65B | $5.42B |
| Depreciation | $9.42B | $8.28B | $7.70B | $7.67B | $7.03B | $6.13B | $5.57B | $5.34B |
| Amortization | — | $71.0M | $82.0M | $86.0M | $85.0M | $82.0M | $78.0M | $82.0M |
| Stock-Based Compensation | $1.33B | $972.0M | $833.0M | $596.0M | $514.0M | $378.0M | $328.0M | $243.0M |
| Net Cash from Operating Activities | $89.68B | $17.53B | $8.51B | $1.56B | $15.18B | $12.47B | $8.31B | $13.19B |
| Investing Activities | ||||||||
| Capital Expenditures | $30.71B | $15.86B | $8.39B | $7.68B | $12.07B | $10.03B | $8.22B | $9.78B |
| Business Acquisitions | — | — | — | — | — | — | — | $0 |
| Net Cash from Investing Activities | $-61.64B | $-14.09B | $-8.31B | $-6.19B | $-11.59B | $-10.59B | $-7.59B | $-10.09B |
| Financing Activities | ||||||||
| Dividends Paid | $610.0M | $522.0M | $513.0M | $504.0M | $461.0M | $0 | $0 | — |
| Stock Repurchases | $650.0M | $0 | $300.0M | $425.0M | $2.43B | $1.20B | $176.0M | $2.73B |
| Net Cash from Financing Activities | $630.0M | $-850.0M | $-1.84B | $4.98B | $-2.98B | $-1.78B | $-317.0M | $-2.44B |
| Net Change in Cash | $28.75B | $2.59B | $-1.60B | $317.0M | $510.0M | $139.0M | $411.0M | $692.0M |
| Free Cash Flow | $58.96B | $1.67B | $121.0M | $-6.12B | $3.11B | $2.44B | $83.0M | $3.41B |