Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $27,705 | $30,758 | $15,540 | $25,111 | $37,378 |
| Gross Profit | $10,423 | $13,898 | -$1,416 | $5,613 | $14,873 |
| Operating Income | $6,283 | $9,702 | -$5,745 | $1,304 | $9,770 |
| Net Income | $5,861 | $8,687 | -$5,833 | $778 | $8,539 |
Over the five-year period, Micron Technology’s financials exhibit notable volatility with clear rebounds and setbacks. In 2021 and 2022, the company reported robust revenues of $27.7 billion and $30.8 billion, respectively, accompanied by strong profitability margins—gross profit increased from $10.4 billion to nearly $14.0 billion, and net income improved from $5.9 billion to $8.7 billion. This upward trend suggests effective operational management and possibly greater market demand for semiconductor products. However, the year 2023 saw a dramatic reversal: revenue plunged to $15.5 billion while gross profit turned negative at -$1.4 billion. Operating income and net income also swung markedly into negative territory (approximately -$5.7 billion and -$5.8 billion respectively), marking a swing well beyond the 20% threshold and signaling significant operational or market challenges during that period. The subsequent recovery is evident in 2024 and 2025. Revenue rebounded to $25.1 billion in 2024 and further climbed to $37.4 billion in 2025, with gross profit, operating income, and net income following similar recovery trajectories. By 2025, margins returned to healthier levels, with gross profit and net income almost fully recovering to their pre-2023 peaks. This cyclical performance indicates that while Micron Technology faced a severe contraction—likely driven by market fluctuations, supply chain constraints, or shifts in semiconductor demand—the company has shown the ability to stabilize and rejuvenate its operations. Overall, the firm appears resilient, with a strong capacity to bounce back from downturns, suggesting sustainable long-term financial health despite the inherent cyclical risks in the semiconductor industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.