Micron Technology, Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $30.39B | $20.32B | $12.40B | $16.15B | $16.37B | $9.09B | $8.23B | $8.79B |
| CNBU (Compute & Networking) | $15.41B | $9.72B | $4.70B | $7.20B | $7.35B | $3.75B | $3.32B | $3.80B |
| MBU (Mobile) | $6.44B | $4.22B | $2.85B | $3.70B | $3.42B | $1.42B | $1.05B | $1.10B |
| SBU (Storage) | $4.87B | $3.51B | $2.70B | $3.01B | $3.10B | $1.89B | $1.62B | $1.70B |
| EBU (Embedded) | $3.67B | $2.87B | $2.15B | $2.24B | $2.50B | $2.03B | $2.24B | $2.19B |
| Other / Legacy | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $12.50B | $11.89B | $9.89B | $10.98B | $10.92B | $7.23B | $7.27B | $7.03B |
| Gross Profit | $17.89B | $8.44B | $2.51B | $5.22B | $5.44B | $1.85B | $968.0M | $1.76B |
| Gross Margin | 58.9% | 41.5% | 20.2% | 32.3% | 33.2% | 20.3% | 11.8% | 20.0% |
| Operating Expenses | ||||||||
| Research & Development | $2.14B | $1.82B | $1.62B | $1.54B | $1.37B | $931.0M | $918.0M | $791.0M |
| SG&A Expense | $813.0M | $743.0M | $659.0M | $719.0M | $707.0M | $562.0M | $620.0M | $592.0M |
| Operating Income | $14.99B | $5.87B | $168.0M | $3.00B | $3.09B | $236.0M | $-612.0M | $761.0M |
| Operating Margin | 49.3% | 28.9% | 1.4% | 18.6% | 18.9% | 2.6% | -7.4% | 8.7% |
| Interest Expense | $342.0M | $601.0M | $437.0M | $371.0M | $352.0M | $231.0M | $179.0M | $124.0M |
| Pretax Income | $14.31B | $5.20B | $-281.0M | $2.61B | $2.73B | $1.29B | $-754.0M | $551.0M |
| Income Tax Expense | $168.0M | $114.0M | $19.0M | $157.0M | $128.0M | $8.0M | $-17.0M | $203.0M |
| Net Income | $14.14B | $5.09B | $-276.0M | $2.90B | $3.05B | $1.19B | $-1.03B | $167.0M |
| Net Margin | 46.5% | 25.0% | -2.2% | 18.0% | 18.6% | 13.1% | -12.5% | 1.9% |
| EPS (Basic) | $12.27 | $4.67 | $-0.27 | $2.71 | $2.87 | $1.16 | $-1.04 | $0.17 |
| EPS (Diluted) | $11.51 | $4.41 | $-0.27 | $2.47 | $2.54 | $1.13 | $-1.04 | $0.17 |
| Shares Outstanding (Basic) | 1.15B | 1.09B | 1.04B | 1.07B | 1.06B | 1.02B | 991.0M | 988.0M |
| Shares Outstanding (Diluted) | 1.23B | 1.15B | 1.04B | 1.17B | 1.20B | 1.06B | 991.0M | 1.01B |
| Dividends Per Share | — | — | — | — | — | — | — | — |