Micron Technology (MU) Change in Inventory (2009 - 2026)
Micron Technology (MU) recorded Change in Inventory of $1.81 billion in fiscal Q4 2026 (quarter ended Sep 3, 2026), compared with -$372 million a year earlier and up 501.7% from the prior quarter.
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Analysis
Micron Technology (MU) Change in Inventory (2009 - 2026) Analysis & Trends
For FY2026 (ended Sep 3, 2026), Micron Technology reported Change in Inventory of $2.02 billion.
- Across earlier fiscal years, Change in Inventory came in at -$520 million in FY2025, $488 million in FY2024 (-86.3%), $3.56 billion in FY2023 (+63.1%) and $2.18 billion in FY2022.
- The fiscal Q4 2026 figure is the highest quarterly Change in Inventory in data going back to fiscal Q1 2010.
- Peak year-over-year performance for Change in Inventory in the last five years was growth of 393.3% in fiscal Q1 2023, against a decline of 86.7% in fiscal Q3 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $300 million (Q3 2026), $62 million (Q2 2026) and -$150 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,084.14 Bn | 4,858.30 Bn | 72.14 Bn | 5.78 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,168.94 Bn | 1,795.12 Bn | 27.22 Bn | -2.34 Bn |
| 3 | Broadcom | 1,535.70 Bn | 1,461.75 Bn | 20.46 Bn | 195.00 Mn |
| 4 | Micron Technology | 992.51 Bn | 898.15 Bn | 47.05 Bn | 1.81 Bn |
| 5 | Advanced Micro Devices | 843.40 Bn | 800.15 Bn | 6.20 Bn | 423.00 Mn |
| 6 | Asml Holding | 605.80 Bn | 561.49 Bn | 5.90 Bn | - |
| 7 | Intel | 438.54 Bn | 323.27 Bn | 6.51 Bn | 66.00 Mn |
| 8 | Applied Materials | 299.38 Bn | 264.82 Bn | 4.59 Bn | 208.00 Mn |
| 9 | Lam Research | 287.43 Bn | 263.48 Bn | 4.30 Bn | - |
| 10 | Texas Instruments | 260.14 Bn | 235.01 Bn | 3.89 Bn | 67.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 3, 2026 | 1.81 Bn |
| May 28, 2026 | 300.00 Mn |
| Feb 26, 2026 | 62.00 Mn |
| Nov 27, 2025 | -150.00 Mn |
| Aug 28, 2025 | -372.00 Mn |
| May 29, 2025 | -280.00 Mn |
| Feb 27, 2025 | 302.00 Mn |
| Nov 28, 2024 | -170.00 Mn |
| Aug 29, 2024 | 363.00 Mn |
| May 30, 2024 | 68.00 Mn |
| Feb 29, 2024 | 168.00 Mn |
| Nov 30, 2023 | -111.00 Mn |
| Aug 31, 2023 | 149.00 Mn |
| Jun 1, 2023 | 510.00 Mn |
| Mar 2, 2023 | 1.20 Bn |
| Dec 1, 2022 | 1.70 Bn |
| Sep 1, 2022 | 1.03 Bn |
| Jun 2, 2022 | 246.00 Mn |
| Mar 3, 2022 | 556.00 Mn |
| Dec 2, 2021 | 344.00 Mn |
API Access
Micron Technology Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=MU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "MU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=MU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();