Annual Data
Quarterly Data
Micron Technology Inc., common-size consolidated income statement (quarterly data)
3 months ended:
Sep 3, 2020
May 28, 2020
Feb 27, 2020
Nov 28, 2019
Aug 29, 2019
May 30, 2019
Feb 28, 2019
Nov 29, 2018
Aug 30, 2018
May 31, 2018
Mar 1, 2018
Nov 30, 2017
Aug 31, 2017
Jun 1, 2017
Mar 2, 2017
Dec 1, 2016
Sep 1, 2016
Jun 2, 2016
Mar 3, 2016
Dec 3, 2015
Sep 3, 2015
Jun 4, 2015
Mar 5, 2015
Dec 4, 2014
Revenue
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of goods sold
-65.85% -67.58% -71.75% -73.44% -71.36% -61.82% -50.92% -41.68% -38.97% -39.43% -41.91% -44.92% -49.30% -53.13% -63.34% -74.53% -82.00% -82.82% -80.27% -74.66% -73.06% -68.80% -66.27% -64.18%
Gross margin
34.15%
32.42%
28.25%
26.56%
28.64%
38.18%
49.08%
58.32%
61.03%
60.57%
58.09%
55.08%
50.70%
46.87%
36.66%
25.47%
18.00%
17.18%
19.73%
25.34%
26.94%
31.20%
33.73%
35.82%
Selling, general, and administrative
-3.81% -3.97% -4.65% -4.10% -4.35% -4.30% -3.58% -2.64% -2.55% -2.71% -2.67% -2.81% -3.14% -3.67% -4.02% -4.01% -4.88% -5.11% -5.96% -5.34% -4.72% -4.39% -4.49% -4.22%
Research and development
-10.40% -11.93% -14.20% -12.44% -12.79% -12.66% -10.30% -7.72% -6.72% -7.73% -7.11% -6.59% -7.28% -7.80% -10.18% -11.84% -12.78% -13.18% -13.74% -12.57% -10.53% -10.54% -9.10% -8.22%
Other operating income (expense), net
-0.83% -0.18% -0.23% 0.06% 1.85% -0.13% -1.66% -0.45% 0.09% 0.56% 0.22% -0.16% 0.49% -0.14% 0.00% -0.58% -1.34% 0.17% -0.20% -0.51% 0.17% 0.10% 0.38% 0.35%
Operating income (loss)
19.11%
16.33%
9.17%
10.07%
13.35%
21.09%
33.54%
47.50%
51.86%
50.70%
48.52%
45.52%
40.76%
35.27%
22.46%
9.04%
-0.99%
-0.93%
-0.17%
6.93%
11.86%
16.38%
20.52%
23.73%
Interest income
0.21% 0.42% 0.71% 0.86% 1.17% 1.09% 0.99% 0.48% 0.40% 0.46% 0.37% 0.34% 0.26% 0.18% 0.17% 0.18% 0.28% 0.35% 0.41% 0.33% 0.31% 0.23% 0.19% 0.15%
Interest expense
-0.83% -0.94% -0.96% -0.91% -0.80% -0.61% -0.46% -0.42% -0.59% -1.03% -1.20% -1.82% -2.41% -2.75% -3.46% -3.50% -4.20% -3.76% -3.31% -2.87% -2.81% -2.52% -1.99% -1.97%
Other non-operating income (expense), net
0.08% 0.18% -0.02% 0.89% -0.27% -6.62% -1.44% 0.11% -0.18% -2.48% -0.72% -3.00% -0.80% -1.49% 0.73% -0.35% -0.31% -1.17% -0.20% -0.12% 0.50% -0.42% -0.14% -1.07%
Income (loss) before income tax (provision) benefit and equity in net income (loss) of equity method investees
18.58%
16.00%
8.90%
10.91%
13.45%
14.95%
32.63%
47.68%
51.49%
47.66%
46.97%
41.04%
37.81%
31.21%
19.90%
5.37%
-5.22%
-5.52%
-3.27%
4.27%
9.86%
13.68%
18.58%
20.84%
Income tax (provision) benefit
-2.25% -1.25% -0.44% -1.07% -1.46% 2.82% -4.80% -6.03% -0.24% 1.40% -1.95% -1.68% 0.77% -1.65% -0.82% -0.78% -0.09% -0.52% -0.17% 0.12% 1.92% -2.70% -1.13% -1.64%
Equity in net income (loss) of equity method investees
0.02% 0.06% 0.02% 0.04% 0.04% 0.00% 0.02% 0.00% 0.00% -0.03% 0.01% 0.00% 0.02% 0.04% 0.15% -0.05% 0.03% -1.38% 0.17% 1.76% 1.31% 1.76% 4.99% 2.71%
Net income (loss)
16.35%
14.80%
8.48%
9.88%
12.03%
17.77%
27.85%
41.65%
51.26%
49.03%
45.04%
39.36%
38.60%
29.59%
19.23%
4.53%
-5.28%
-7.42%
-3.27%
6.15%
13.08%
12.74%
22.44%
21.91%
Net (income) loss attributable to noncontrolling interests
-0.03% -0.04% -0.04% -0.33% -0.51% -0.23% -0.10% -0.04% -0.01% 0.00% -0.03% 0.00% -0.02% 0.00% 0.00% 0.00% 0.00% 0.00% -0.03% 0.00% 0.00% 0.00% -0.02% 0.02%
Net income (loss) attributable to Micron
16.31%
14.77%
8.44%
9.55%
11.52%
17.54%
27.75%
41.62%
51.24%
49.03%
45.01%
39.36%
38.58%
29.59%
19.23%
4.53%
-5.28%
-7.42%
-3.31%
6.15%
13.08%
12.74%
22.42%
21.93%
Based on:
10-K (filing date: 2020-10-19) 10-Q (filing date: 2020-06-30) 10-Q (filing date: 2020-03-26) 10-Q (filing date: 2019-12-20) 10-K (filing date: 2019-10-17) 10-Q (filing date: 2019-06-26) 10-Q (filing date: 2019-03-21) 10-Q (filing date: 2018-12-19) 10-K (filing date: 2018-10-15) 10-Q (filing date: 2018-06-22) 10-Q (filing date: 2018-03-23) 10-Q (filing date: 2017-12-20) 10-K (filing date: 2017-10-26) 10-Q (filing date: 2017-06-30) 10-Q (filing date: 2017-03-28) 10-Q (filing date: 2017-01-09) 10-K (filing date: 2016-10-28) 10-Q (filing date: 2016-07-06) 10-Q (filing date: 2016-04-08) 10-Q (filing date: 2016-01-08) 10-K (filing date: 2015-10-27) 10-Q (filing date: 2015-07-10) 10-Q (filing date: 2015-04-10) 10-Q (filing date: 2015-01-09)
Income statement item
Description
The company
Operating income (loss)
The net result for the period of deducting operating expenses from operating revenues.
Micron Technology Inc.’s operating income (loss) as a percentage of revenue increased from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.
Income (loss) before income tax (provision) benefit and equity in net income (loss) of equity method investees
Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.
Micron Technology Inc.’s income (loss) before income tax (provision) benefit and equity in net income (loss) of equity method investees as a percentage of revenue increased from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.
Net income (loss) attributable to Micron
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.
Micron Technology Inc.’s net income (loss) attributable to Micron as a percentage of revenue increased from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020.
