美光科技 2025年四季度报告

Micron Technology, Inc. Reports Results for the Fourth Quarter and Full Year of Fiscal 2025 September 23, 2025 at 4:01 PM EDT Record fiscal Q4 and full-year revenue driven by AI data center growthForecasting $1.2 billion in sequential revenue growth with gross margins exceeding 50% BOISE, Idaho, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its fourth quarter and fullyear of fiscal 2025, which ended August 28, 2025. Fiscal Q42025highlights Revenue of $11.32 billion versus $9.30 billion for the prior quarter and $7.75 billion for the same period last yearGAAP net income of $3.20 billion, or $2.83 per diluted shareNon-GAAP net income of $3.47 billion, or $3.03 per diluted shareOperating cash flow of $5.73 billion versus $4.61 billion for the prior quarter and $3.41 billion for the same period last year Fiscal2025highlights Revenue of $37.38 billion versus $25.11 billion for the prior yearGAAP net income of $8.54 billion, or $7.59 per diluted shareNon-GAAP net income of $9.47 billion, or $8.29 per diluted shareOperating cash flow of $17.53 billion versus $8.51 billion for the prior year “Micron closed out a record-breaking fiscal year with exceptional Q4 performance, underscoring our leadership in technology, products, andoperational execution,” said Sanjay Mehrotra, Chairman, President and CEO of Micron Technology. “In fiscal 2025, we achieved all-time highs acrossour data center business and are entering fiscal 2026 with strong momentum and our most competitive portfolio to date. As the only U.S.-basedmemory manufacturer, Micron is uniquely positioned to capitalize on the AI opportunity ahead.” Quarterly Financial Results Investments in capital expenditures, net(2)were $4.93 billion for the fourth quarter of 2025 and $13.80 billion for the full year of 2025. Adjusted freewas $803 million for the fourth quarter of 2025 and $3.72 billion for the full year of 2025. Micron ended the year with cash, marketable investments, and restricted cash of $11.94 billion. On September 23, 2025, Micron’s Board of Directors declared a quarterly dividend of $0.115 pershare, payable in cash on October 21, 2025, to shareholders of record as of the close of business on October 3, 2025. Business Outlook The following table presents Micron’s guidance for the first quarter of 2026: FQ1-26 RevenueGross marginOperating expensesDiluted earnings per share Further information regarding Micron’s business outlook is included in the prepared remarks and slides, which have been posted at Investor Webcast Micron will host a conference call on Tuesday, September 23, 2025 at 2:30 p.m. Mountain Time to discuss its fourth quarter financial results andprovide forward-looking guidance for its first quarter. A live webcast of the call will be available online atinvestors.micron.com. A webcast replay will beavailable for one year after the call. We encourage you to visit our website at micron.com throughout the quarter for the most current information on the company, including information onfinancial conferences that we may be attending. You can also follow us on LinkedIn, X (@MicronTech) and YouTube (@MicronTechnology). About Micron Technology, Inc. We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich lifefor all. With arelentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio ofhigh-performance DRAM, NAND, and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations thatour people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities— from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq:MU), visitmicron.com. © 2025 Micron Technology, Inc. All rights reserved. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology,Inc. All other trademarks are the property of their respective owners. Forward-Looking Statements This press release contains forward-looking statements regarding our industry, our strategic position, and our financial and operating results, includingour guidance for the first quarter and full year fiscal 2026. These forward-looking statements are subject to a number of risks and uncertainties thatcould cause actual results to differ materially. Please refer to the documents we file with the Securities and Exchange Commission, including our mostrecent Form 10-K and Form 10-Q. These documents contain and identify important factors that could cause our actual results to differ materially fromthose contained in these forward-looking statements. These certain factors can be found atinvestors.micron.com/risk-factor. Although we believe that the expectations ref