Annual Financial Results
GAAP(1)
| Non-GAAP (2) | ||||||||||||
(in millions, except per share amounts) |
FY 21
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FY 20
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FY 21
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FY 20
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Revenue | $ | 27,705 | $ | 21,435 | $ | 27,705 | $ | 21,435 | |||||
Gross margin | 10,423 | 6,552 | 10,987 | 6,718 | |||||||||
percent of revenue | 37.6 | % | 30.6 | % | 39.7 | % | 31.3 | % | |||||
Operating expenses | 4,140 | 3,549 | 3,320 | 3,299 | |||||||||
Operating income | 6,283 | 3,003 | 7,667 | 3,419 | |||||||||
percent of revenue | 22.7 | % | 14.0 | % | 27.7 | % | 16.0 | % | |||||
Net income attributable to Micron | 5,861 | 2,687 | 6,976 | 3,235 | |||||||||
Diluted earnings per share | 5.14 | 2.37 | 6.06 | 2.83 |