Stock Analysis on Net
Stock Analysis on Net
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Micron Technology Inc. (NASDAQ:MU)

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Income Statement
Quarterly Data

Beginner level

The income statement presents information on the financial results of a company’s business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Micron Technology Inc., consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel LibreOffice Calc
3 months ended: 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 Aug 28, 2014 May 29, 2014 Feb 27, 2014 Nov 28, 2013
Revenue
Cost of goods sold
Gross margin
Selling, general, and administrative
Research and development
Other operating income (expense), net
Operating income (loss)
Interest income
Interest expense
Other non-operating income (expense), net
Income before income tax (provision) benefit and equity in net income (loss) of equity method investees
Income tax (provision) benefit
Equity in net income (loss) of equity method investees
Net income (loss)
Net (income) loss attributable to noncontrolling interests
Net income (loss) attributable to Micron

Based on: 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), 10-K (filing date: 2014-10-27), 10-Q (filing date: 2014-07-03), 10-Q (filing date: 2014-04-07), 10-Q (filing date: 2014-01-07).

Income statement item Description The company
Revenue Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Micron Technology Inc.’s revenue decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Micron Technology Inc.’s operating income (loss) decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level.
Income 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 before income tax (provision) benefit and equity in net income (loss) of equity method investees decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level.
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 decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level.