Micron Technology (MU) Change in Inventory (2009 - 2026)
Micron Technology (MU) recorded Change in Inventory of $300 million in fiscal Q3 2026 (quarter ended May 28, 2026), compared with -$280 million a year earlier and up 383.9% from the prior quarter.
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Analysis
Micron Technology (MU) Change in Inventory (2009 - 2026) Analysis & Trends
On a TTM basis, Micron Technology's Change in Inventory came in at -$160 million as of May 28, 2026; for FY2025 (ended Aug 28, 2025), it was -$520 million.
- Across earlier fiscal years, Change in Inventory came in at $488 million in FY2024 (-86.3%), $3.56 billion in FY2023 (+63.1%), $2.18 billion in FY2022 and -$866 million in FY2021.
- The fiscal Q3 2026 figure is the highest quarterly Change in Inventory since fiscal Q2 2025.
- 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 $62 million (Q2 2026), -$150 million (Q1 2026) and -$372 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 5.78 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | - |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 195.00 Mn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 300.00 Mn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 423.00 Mn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 66.00 Mn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | - |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 208.00 Mn |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 2, 2021 | -52.00 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();