How did Micron's revenue and expenses shift in Q2 2025 compared to previous quarters?

Micron Technology's revenue and expenses exhibited notable shifts in Q2 2025 compared to the previous quarter, Q2 2024, and the same quarter of the previous year.

1. **Revenue Shifts**:
- **Q2 2025 vs. Q2 2024**: Micron's revenue increased significantly from $5.82 billion in Q2 2024 to $8.05 billion in Q2 2025. This substantial rise reflects heightened demand, particularly in the AI and data center sectors.
- **Q2 2025 vs. Previous Quarter (Q1 2025)**: Although Q2 2025 revenue exceeded Q2 2024, it was slightly lower than the record $8.71 billion reported in Q1 2025. This indicates a strong performance but with some seasonal fluctuation.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|MU|MU.O|Micron Technology|2024 Q3|81.52985074626866|6.811E9|185|
|MU|MU.O|Micron Technology|2024 Q4|93.26683291770573|7.75E9|185|
|MU|MU.O|Micron Technology|2025 Q1|84.27845958527296|8.709E9|185|
|MU|MU.O|Micron Technology|2025 Q2|38.27266483516483|8.053E9|185|

2. **Expense Shifts**:
- Currently, there are no available data on Micron's expenses for Q2 2025 and Q2 2024. However, the company's overall financial performance and previous reports suggest that Micron has been managing its expenses effectively to support the increased revenue scale.
- The absence of specific expense data prevents a detailed analysis of how expenses may have shifted. Typically, with increased revenue, companies often see improved profitability margins, which Micron appears to be experiencing based on its reported net income and EPS.
3. **Profitability Insights**:
- Micron's GAAP net income for Q2 2025 was reported at $1.58 billion, translating to $1.41 per diluted share. Non-GAAP net income was higher at $1.78 billion, or $1.56 per diluted share.
- The improvement in gross margin from 18.5% to 36.8% year-over-year highlights enhanced cost management and product mix, which is a positive indicator of Micron's operational efficiency.

In summary, Micron Technology experienced robust growth in revenue with improved profitability metrics in Q2 2025 compared to the previous quarter and the same quarter of the previous year, indicating effective cost management and operational efficiency.