Micron Technology Revenue Breakdown By Region

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This page presents Micron Technology’s revenue breakdown by region. Micron’s regions consist of the following geographical locations:

• United States
• Taiwan
• Mainland China
• Hong Kong
• Japan
• Europe
• Other Asia Pacific
• Others

Let’s look at the revenue results.

For other key statistics of Micron Technology, you may find more resources on this page: Micron key stats.

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Insight & Summary of Micron’s Revenue Breakdown by Geographical Locations

Micron’s revenue by region tells two related but distinct stories depending on the basis used — customers’ headquarters reveals a business increasingly concentrated in the U.S. following extreme year-to-year volatility, while customers’ ship-to locations (available only through 2018) shows China’s rapid rise to become the dominant physical destination for Micron’s product shipments.

• U.S. Revenue Share (Headquarters Basis) Has Reached Its Highest Level in the Dataset, Following a Volatile Multi-Year Path U.S. mix share (by customer headquarters) grew from 55.9% (2017) to 64.5% by 2025 — its highest level in the entire nine-year period — but the path there was far from linear, dipping as low as 43.9% in 2021 before recovering sharply. U.S. revenue itself showed extreme swings, growing 83.1% in 2025 alone after collapsing 51.3% in 2023, reflecting the same severe industry cyclicality visible throughout Micron’s broader revenue history.

• Hong Kong Shows the Most Extreme Single-Year Swing of Any Region in Either Dataset Hong Kong’s headquarters-basis revenue grew 215.0% in 2024 — by far the largest single-year growth rate of any region across both datasets — following a collapse of 79.6% the prior year. This pattern of severe, whipsaw-like volatility in a relatively smaller region stands out even against the broader cyclicality affecting Micron’s larger markets like the U.S. and Taiwan.

• Europe’s Headquarters-Basis Disclosure Only Begins in 2021, and Even Within That Shorter Window Shows Meaningful Swings Europe was not separately disclosed as a headquarters-basis region until 2021, when it first appeared at $573 million. Since then, its mix share has ranged narrowly between 1.6% and 4.4%, with growth swinging from 35.0% (2023) to -23.6% (2025) — a modest-sized region, but one still subject to the same volatility pattern seen elsewhere in the portfolio.

• China Became the Dominant Ship-To Destination Within Just Two Years, Reaching Over Half of Total Shipments by 2018 Under the shorter ship-to-location dataset (2013-2018), China’s mix share grew from 41.7% (2013) to 57.1% by 2018 — becoming the clear majority destination for Micron’s shipments, with 2017 alone showing 96.0% revenue growth for that region. This concentration in China as a shipment destination is notably higher than what the headquarters-basis data shows for Mainland China specifically (which never exceeded 15.4% mix share), underscoring that these two regional bases capture fundamentally different things — where products are ultimately shipped versus where the purchasing customer is legally headquartered.

• Structural Takeaway: Micron’s regional revenue picture is defined by extreme cyclicality across nearly every region and both reporting bases, with the U.S. (by headquarters) and China (by ship-to location) each emerging as the dominant single region within their respective datasets, though the shorter ship-to-location disclosure window limits how much can be concluded about whether that pattern persisted into more recent years. Given the headquarters-basis U.S. share reached a new high in 2025 following its most volatile stretch in the dataset, and given Hong Kong’s extreme 2023-2024 swing shows this volatility hasn’t diminished even in Micron’s most recent disclosed period, the trend worth monitoring going forward is whether regional concentration continues intensifying around a smaller number of dominant markets, or whether the severe swings seen in smaller regions like Hong Kong and Europe eventually extend back into the larger markets that have so far driven the overall growth recovery.

The table below combines all key Micron’s regional revenue etrics into a single view for the latest three fiscal years.

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Revenue breakdown by region (based on customers’ headquarters)

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Revenue mix by region (based on customers’ headquarters)

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Revenue growth by region (based on customers’ headquarters)

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Revenue breakdown by region (based on customers’ ship-to locations)

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Revenue mix by region (based on customers’ ship-to locations)

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Revenue growth by region (based on customers’ ship-to locations)

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References and Credits

1. All financial figures presented were obtained and referenced from Micron’s quarterly and annual reports published on the company’s investor relations page: Micron investor relations.

2. Pexels Images.

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Disclosure

We may use artificial intelligence (AI) tools to assist us in writing some of the text in this article. However, the data is directly obtained from original sources (usually the quarterly and annual reports) and meticulously cross-checked by our editors multiple times to ensure its accuracy and reliability.

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