This report was our free report of the day on a previous date — it has since expired.
Today's free report is available: MU 10-K — Micron revenue triples to $133.2B on AI demand; operating income hits $99.3B
Get notified when GTM files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsRed Flags Detected
- Goodwill Impairment (new) — A $650.5 million goodwill impairment charge was recognized, indicating a significant decline in the estimated fair value of the reporting unit.
- Goodwill Impairment (new) — At May 31, 2026, goodwill with a carrying amount of $1,692.7 million was written down to its implied fair value of $1,042.2 million, resulting in an impairment charge of $650.5 million, which was included in earnings for the period.
- New Securities Litigation (new) — A new securities class action lawsuit was filed alleging misleading statements about revenue outlook and AI-driven product growth.
Revenue rose 1.2% to $310.4M, which the company attributes to the effects of the Company’s continued shift of the mix of business upmarket.
Filed August 5, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 4, 2025 · ~1 min read
Key Changes
-
medium
The company repurchased 6.3M shares for $28.2M in Q2, down from 15.9M shares for $146.3M a year earlier; $1.11B remained authorized under the share repurchase program as of June 30, 2026.
-
medium
Net cash provided by operating activities was $202.0M for the first six months of 2026, down 11.4% from $228.1M a year earlier.
-
low
The company recorded a $11.0M gain on debt extinguishment after repurchasing $58.5 million in aggregate principal amount of its Senior Notes for $47.1 million during the first half of 2026.
This preview is just the start — the full report includes the narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
Partner
Trade GTM commission-free
Open an account, get a free stock.
Investing involves risk. Free stock terms apply.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Aug 6, 2026 · How we verify