MU · 8-K · 20260930PR000018
Cash Flow and Liquidity
MICRON TECHNOLOGY INC · 2026-09-30 · Importance 69 · Surprise 64 · No source text
Fiscal 2026 operating cash flow was $89.675 billion, up from $17.525 billion in fiscal 2025, while fiscal Q4 operating cash flow was $43.973 billion versus $25.388 billion sequentially and $5.730 billion year over year. Micron ended fiscal 2026 with $38.364 billion of cash and equivalents, $5.070 billion of short-term investments, and $30.019 billion of long-term marketable investments. Total cash, marketable investments, and restricted cash were $73.48 billion at year end. Receivables increased to $36.197 billion from $9.265 billion a year earlier, and fiscal 2026 operating cash flow included a $25.206 billion receivables use of cash.
Key facts
- Operating cash flow for FQ4-26: $43.97 billion versus $25.39 billion for prior quarter and $5.73 billion for same period last year. source
- Operating cash flow for FY-26: $89.68 billion versus $17.53 billion for the prior year. source
- Proceeds from customer contract liability deposits during year ended September 3, 2026: $12,747 million. source
- For year ended September 3, 2026, net cash provided by operating activities: $89,675 million; net cash used for investing activities: $(61,641) million; net cash provided by (used for) financing activities: $630 million; net increase in cash, cash equivalents, and restricted cash: $28,745 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +66.9% | For year ended September 3, 2026, net cash provided by operating activities: $89,675 million; net cash used for investing activities:… |
| cash | positive | realized | +53.8% | Operating cash flow for FY-26: $89.68 billion versus $17.53 billion for the prior year. |
| cash | negative | realized | -46.0% | For year ended September 3, 2026, net cash provided by operating activities: $89,675 million; net cash used for investing activities:… |
| cash | positive | realized | +21.4% | For year ended September 3, 2026, net cash provided by operating activities: $89,675 million; net cash used for investing activities:… |
| cash | positive | realized | +13.8% | Operating cash flow for FQ4-26: $43.97 billion versus $25.39 billion for prior quarter and $5.73 billion for same period last year. |
| cash | positive | realized | +9.5% | Proceeds from customer contract liability deposits during year ended September 3, 2026: $12,747 million. |
| cash | positive | realized | +0.5% | For year ended September 3, 2026, net cash provided by operating activities: $89,675 million; net cash used for investing activities:… |