Micron Technology (MU) Free Cash Flow (2009 - 2026)
Micron Technology's Free Cash Flow was $17.56 billion in fiscal Q3 2026 (quarter ended May 28, 2026), up 951.0% from $1.67 billion a year earlier and up 218.4% from the prior quarter.
Micron Technology (MU) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Micron Technology's Free Cash Flow was $26.17 billion through May 28, 2026; for FY2025 (ended Aug 28, 2025), it came in at $1.67 billion.
- Free Cash Flow shows a five-year compound annual growth rate of 82.2% (FY2020 to FY2025).
- In earlier fiscal years, Free Cash Flow was $121 million in FY2024, -$6.12 billion in FY2023, $3.11 billion in FY2022 (+27.7%) and $2.44 billion in FY2021.
- The fiscal Q3 2026 figure marks the highest quarterly Free Cash Flow in data going back to fiscal Q1 2010.
- Per Business Quant data, MU's Free Cash Flow in the three fiscal quarters before Q3 2026 was $5.52 billion (Q2 2026), $3.02 billion (Q1 2026) and $72 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 21.40 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 | 13.67 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 17.56 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 1.56 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 4.45 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 1.27 Bn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 2.33 Bn |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | 1.10 Bn |
Historic Data
| Date | Value |
|---|---|
| May 28, 2026 | 17.56 Bn |
| Feb 26, 2026 | 5.52 Bn |
| Nov 27, 2025 | 3.02 Bn |
| Aug 28, 2025 | 72.00 Mn |
| May 29, 2025 | 1.67 Bn |
| Feb 27, 2025 | -113.00 Mn |
| Nov 28, 2024 | 38.00 Mn |
| Aug 29, 2024 | 285.00 Mn |
| May 30, 2024 | 396.00 Mn |
| Feb 29, 2024 | -165.00 Mn |
| Nov 30, 2023 | -395.00 Mn |
| Aug 31, 2023 | -1.21 Bn |
| Jun 1, 2023 | -1.54 Bn |
| Mar 2, 2023 | -1.86 Bn |
| Dec 1, 2022 | -1.51 Bn |
| Sep 1, 2022 | 164.00 Mn |
| Jun 2, 2022 | 1.26 Bn |
| Mar 3, 2022 | 1.02 Bn |
| Dec 2, 2021 | 673.00 Mn |
| Sep 2, 2021 | 1.87 Bn |
Micron Technology Free Cash Flow 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=free-cash-flow&ticker=MU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=MU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();