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Apple vs Micron Technology: revenue, profit, margins and growth compared

Apple brought in $416.2B of revenue in fiscal 2025, Micron Technology $133.2B in fiscal 2026. Revenue changed by +6.4% at Apple and +256.3% at Micron Technology on the year before, so Micron Technology grew faster. Apple kept 26.9% of its revenue as net profit, Micron Technology 63.8%. Free cash flow was $98.8B at Apple and $59B at Micron Technology.

Side by side, latest fiscal year

AAPLMU
Fiscal year endedFY2025 (September 27, 2025)FY2026 (September 3, 2026)
Revenue$416.2B$133.2B
Revenue growth+6.4%+256.3%
Net income$112B$85B
Net margin26.9%63.8%
Free cash flow$98.8B$59B
Free cash flow margin23.7%44.3%
Earnings per share (diluted)$7.46$74.33
Cash$35.9B$38.4B
Debt$90.7B$2.8B
Price to earnings45.113.8
Market value$4.91T$1.16T
Dividend yield0.30%0.05%
Rank by revenue in sector#1 of 751 · Technology#6 of 751 · Technology

Over the years

Revenue
AAPL FY2018: $265.6BAAPL FY2019: $260.2BAAPL FY2020: $274.5BAAPL FY2021: $365.8BAAPL FY2022: $394.3BAAPL FY2023: $383.3BAAPL FY2024: $391BAAPL FY2025: $416.2BMU FY2019: $23.4BMU FY2020: $21.4BMU FY2021: $27.7BMU FY2022: $30.8BMU FY2023: $15.5BMU FY2024: $25.1BMU FY2025: $37.4BMU FY2026: $133.2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AAPL $416.2BMU $133.2B
Net income
AAPL FY2018: $59.5BAAPL FY2019: $55.3BAAPL FY2020: $57.4BAAPL FY2021: $94.7BAAPL FY2022: $99.8BAAPL FY2023: $97BAAPL FY2024: $93.7BAAPL FY2025: $112BMU FY2019: $6.3BMU FY2020: $2.7BMU FY2021: $5.9BMU FY2022: $8.7BMU FY2023: -$5.8BMU FY2024: $778MMU FY2025: $8.5BMU FY2026: $85BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AAPL $112BMU $85B
Net margin
AAPL FY2018: 22.4%AAPL FY2019: 21.2%AAPL FY2020: 20.9%AAPL FY2021: 25.9%AAPL FY2022: 25.3%AAPL FY2023: 25.3%AAPL FY2024: 24.0%AAPL FY2025: 26.9%MU FY2019: 27.0%MU FY2020: 12.5%MU FY2021: 21.2%MU FY2022: 28.2%MU FY2023: -37.5%MU FY2024: 3.1%MU FY2025: 22.8%MU FY2026: 63.8%FY18FY19FY20FY21FY22FY23FY24FY25FY26
AAPL 26.9%MU 63.8%
Revenue growth
AAPL FY2019: -2.0%AAPL FY2020: +5.5%AAPL FY2021: +33.3%AAPL FY2022: +7.8%AAPL FY2023: -2.8%AAPL FY2024: +2.0%AAPL FY2025: +6.4%MU FY2020: -8.4%MU FY2021: +29.3%MU FY2022: +11.0%MU FY2023: -49.5%MU FY2024: +61.6%MU FY2025: +48.9%MU FY2026: +256.3%FY19FY20FY21FY22FY23FY24FY25FY26
AAPL +6.4%MU +256.3%
Free cash flow
AAPL FY2018: $64.1BAAPL FY2019: $58.9BAAPL FY2020: $73.4BAAPL FY2021: $93BAAPL FY2022: $111.4BAAPL FY2023: $99.6BAAPL FY2024: $108.8BAAPL FY2025: $98.8BMU FY2019: $3.4BMU FY2020: $83MMU FY2021: $2.4BMU FY2022: $3.1BMU FY2023: -$6.1BMU FY2024: $121MMU FY2025: $1.7BMU FY2026: $59BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AAPL $98.8BMU $59B

Fiscal years as each company reports them; the two may end in different months.

Questions about Apple and Micron Technology

Which is bigger by revenue, Apple or Micron Technology?

Apple is bigger by revenue: $416.2B in fiscal 2025, against $133.2B for Micron Technology in fiscal 2026.

Which keeps more of its revenue as profit, Apple or Micron Technology?

Apple had a net margin of 26.9% in fiscal 2025; Micron Technology had 63.8% in fiscal 2026.

Which grew revenue faster, Apple or Micron Technology?

In their latest fiscal years revenue changed by +6.4% at Apple and +256.3% at Micron Technology.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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