SuperworthMicron Technology free cash flow MU
Cash from operations less capital spending, by quarter and over the last twelve months, from 2008.
- Last 12 months, to Sep 3, 2026
- $59B
- Latest quarter, Q4 FY26
- $32.9B
- +45543% on a year earlier
- Fiscal year 2026
- $59B
- +3435% on the year before
Micron Technology's free cash flow was $59B over the twelve months to Sep 3, 2026, up 3435% on a year earlier.
In its latest quarter, Q4 FY26, it was $32.9B, up 45543% on the same quarter a year before.
Over the five fiscal years to FY2026 it grew 89% a year on average.
Free cash flow over time
Fiscal year by fiscal year
| Fiscal year | Free cash flow | Change |
|---|---|---|
| FY2026 | $59B | +3435% |
| FY2025 | $1.7B | +1279% |
| FY2024 | $121M | n/a |
| FY2023 | −$6.1B | −296% |
| FY2022 | $3.1B | +28% |
| FY2021 | $2.4B | +2837% |
| FY2020 | $83M | −98% |
| FY2019 | $3.4B | −60% |
| FY2018 | $8.5B | +149% |
| FY2017 | $3.4B | n/a |
| FY2016 | −$2.6B | −323% |
| FY2015 | $1.2B | −54% |
| FY2014 | $2.6B | +357% |
| FY2013 | $567M | +37% |
| FY2012 | $415M | n/a |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Free cash flow | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q4 FY26 | $32.9B | +45543% | $59B | |
| Q3 FY26 | $17.6B | +951% | $26.2B | |
| Q2 FY26 | $5.5B | n/a | $10.3B | |
| Q1 FY26 | $3B | +7853% | $4.7B | |
| Q4 FY25 | $72M | −75% | $1.7B | |
| Q3 FY25 | $1.7B | +322% | $1.9B | |
| Q2 FY25 | −$113M | n/a | $606M | |
| Q1 FY25 | $38M | n/a | $554M | |
| Q4 FY24 | $285M | n/a | $121M | |
| Q3 FY24 | $396M | n/a | −$1.4B | |
| Q2 FY24 | −$165M | n/a | −$3.3B | |
| Q1 FY24 | −$395M | n/a | −$5B |
Against its peers
Companies in Semiconductors nearest Micron Technology's size, closest first, today.
| Company | Free cash flow yield |
|---|---|
| MUMicron Technology | 5.9% |
| AMDAdvanced Micro Devices | 1.0% |
| AVGOBroadcom | 2.6% |
| INTCIntel | 0.6% |
| AMATApplied Materials | 1.9% |
| LRCXLam Research | n/m |
| TXNTexas Instruments | n/m |
| MRVLMarvell Technology | 0.9% |
| NVDANVIDIA | 2.5% |
| KLACKLA | 2.0% |
| ADIAnalog Devices | 2.6% |
| Peer median | 1.9% |
Where Micron Technology ranks
What the free cash flow tells you
Cash from operations minus capital spending. The cash the company could hand back or reinvest.
Seasonal and lumpy quarter to quarter. The TTM view is the one to trust.
More on Micron Technology
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.