TLDR
- Micron soars 49% in FY25 revenue, fueled by record AI and cloud demand.
- AI boom powers Micron’s FY25 surge: revenue hits $37.4B, stock jumps.
- Micron posts record FY25 with 49% revenue growth, stock rallies higher.
- Strong AI, cloud demand drive Micron’s stellar FY25 earnings and outlook.
- Micron hits record highs: 49% annual revenue growth, stock surges past $169.
Micron Technology(MU) Shares reported strong financials across all segments, leading to a closing stock price of $166.41. In after-hours trading, the stock surged further to $169.71, reflecting positive sentiment following the earnings release.
Micron ended fiscal 2025 with a 49% revenue increase, driven by record demand in AI and cloud markets.
Cloud and Data Center Units Propel Quarterly Surge
Micron generated $11.32 billion in revenue for the fourth quarter, rising 22% from the previous quarter’s $9.30 billion. Net income climbed to $3.20 billion, while non-GAAP earnings per share reached $3.03. Operating cash flow jumped to $5.73 billion, marking consistent growth across consecutive quarters.
The Cloud Memory Business Unit reported $4.54 billion in revenue, up from $3.39 billion in Q3. Gross margin rose to 59%, and operating margin hit 48%, underscoring robust demand from hyperscale clients. Meanwhile, the Core Data Center Unit brought in $1.58 billion, maintaining stability with steady margins.
Micron also saw strong momentum in mobile and embedded segments, which helped support broad-based growth. Mobile and Client revenues rose to $3.76 billion with improved margins, while Automotive and Embedded grew to $1.43 billion. These gains highlighted Micron’s expanding reach across end markets.
Fiscal Year Results Set New Records
Micron’s full-year revenue reached $37.38 billion, up 49% from $25.11 billion in fiscal 2024. Net income surged to $8.54 billion, or $7.59 per share, while adjusted earnings hit $8.29. Operating income rose sharply to $9.77 billion, reflecting margin expansion and cost discipline.
Gross margins expanded to 39.8% on a GAAP basis and 40.9% on a non-GAAP basis. Operating cash flow nearly doubled year-over-year, rising to $17.53 billion from $8.51 billion. Capital expenditure investments reached $13.80 billion, aligning with long-term capacity plans.
Micron’s adjusted free cash flow stood at $3.72 billion, supported by robust earnings and balance sheet strength. The company ended the year with $11.94 billion in liquidity. The board declared a $0.115 dividend, payable October 21 to shareholders on record by October 3.
Strong Execution and AI Demand Bolster Outlook
Micron achieved record results across several business units, reflecting continued leadership in memory and storage solutions. Cloud and AI-related applications remained key growth drivers, contributing to the company’s all-time high quarterly performance. The technology portfolio positioned Micron well for upcoming cycles.
With rising demand in AI data centers and next-gen devices, Micron plans to capitalize on growth opportunities. Executives pointed to product competitiveness and execution as core strengths heading into fiscal 2026. Strategic investments during the year aimed to support long-term expansion.
As the only U.S.-based memory manufacturer, Micron stands uniquely positioned in the global market. The company enters the next fiscal year with strong tailwinds and improved product readiness. Industry trends continue to favor Micron’s differentiated approach across data, cloud, and automotive sectors.
