Micron Technology (MU) Inventory (2009 - 2026)
Micron Technology (MU) reported Inventory of $8.57 billion for fiscal Q3 2026 (quarter ended May 28, 2026), down 1.8% from $8.73 billion a year earlier but up 3.6% from the prior quarter.
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Analysis
Micron Technology (MU) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Aug 28, 2025), Micron Technology posted Inventory of $8.36 billion, down 5.9% from FY2024.
- Inventory has a five-year compound annual growth rate of 9.2% (FY2020 to FY2025).
- By fiscal year, Inventory came in at $8.88 billion in FY2024 (+5.8%), $8.39 billion in FY2023 (+25.9%), $6.66 billion in FY2022 (+48.5%) and $4.49 billion in FY2021 (-16.5%).
- Five-year quarterly Inventory spans a low of $4.49 billion in fiscal Q4 2021 and a high of $9.01 billion in fiscal Q2 2025.
- Year over year, Inventory has now declined in each of the last four quarters, with an average decline of 0.2% over the last eight quarters.
- The high point for year-over-year Inventory in five years was fiscal Q1 2023 (growth of 73.2%); the low point was fiscal Q4 2021 (a decline of 16.5%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $8.27 billion (Q2 2026), $8.21 billion (Q1 2026) and $8.36 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 31.58 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 12.20 Bn |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 4.52 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 8.57 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 8.47 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | 13.30 Bn |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 12.49 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 4.28 Bn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 6.56 Bn |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 28, 2026 | 8.57 Bn |
| Feb 26, 2026 | 8.27 Bn |
| Nov 27, 2025 | 8.21 Bn |
| Aug 28, 2025 | 8.36 Bn |
| May 29, 2025 | 8.73 Bn |
| Feb 27, 2025 | 9.01 Bn |
| Nov 28, 2024 | 8.71 Bn |
| Aug 29, 2024 | 8.88 Bn |
| May 30, 2024 | 8.51 Bn |
| Feb 29, 2024 | 8.44 Bn |
| Nov 30, 2023 | 8.28 Bn |
| Aug 31, 2023 | 8.39 Bn |
| Jun 1, 2023 | 8.24 Bn |
| Mar 2, 2023 | 8.13 Bn |
| Dec 1, 2022 | 8.36 Bn |
| Sep 1, 2022 | 6.66 Bn |
| Jun 2, 2022 | 5.63 Bn |
| Mar 3, 2022 | 5.38 Bn |
| Dec 2, 2021 | 4.83 Bn |
| Sep 2, 2021 | 4.49 Bn |
API Access
Micron Technology 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=inventory&ticker=MU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=inventory&ticker=MU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();