As of Q1'26 (2025-11-27), Micron Technology ( MU ) reported Operating Cash Flow of USD 8.41B and Free Cash Flow also at USD 8.41B, marking a significant increase compared to previous quarters. This latest data point highlights a substantial improvement in the company’s cash generation capabilities. Over the period from Q2'23 to Q1'26, both Operating and Free Cash Flow have demonstrated a strong upward trend. Operating Cash Flow grew steadily from USD 343M in Q2'23, with notable acceleration beginning in Q1'24, while Free Cash Flow transitioned from negative values—reaching as low as -USD 1.86B—to positive territory by Q3'24 and surged sharply in Q1'26. This trend indicates robust operational recovery and improved capital efficiency, with the most dramatic gains occurring in the most recent quarters.