MU · 8-K · 20260930PR000018
Net Income and Profitability
MICRON TECHNOLOGY INC · 2026-09-30 · Importance 69 · Surprise 64 · In source text
GAAP fiscal Q4 2026 net income was $37.701 billion, or $32.87 per diluted share, compared with $28.243 billion and $24.67 sequentially and $3.201 billion and $2.83 year over year. Fiscal 2026 GAAP net income reached $84.969 billion, or $74.33 per diluted share, versus $8.539 billion and $7.59 in fiscal 2025. Fiscal Q4 GAAP operating income was $43.751 billion, representing an 80.7% operating margin, compared with 80.4% sequentially and 32.3% year over year. Non-GAAP fiscal 2026 net income was $86.758 billion, or $75.52 per diluted share.
Key facts
- GAAP net income for FQ4-26: $37.70 billion ($37,701 million) and diluted EPS $32.87. source
- Non-GAAP net income for FQ4-26: $38.40 billion and diluted EPS $33.42. source
- GAAP net income for FY-26: $84.97 billion and diluted EPS $74.33. source
- Non-GAAP net income for FY-26: $86.76 billion and diluted EPS $75.52. source
- Number of diluted shares used in FQ4-26 per share calculations: 1,147 million; basic shares 1,130 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | — | GAAP net income for FQ4-26: $37.70 billion ($37,701 million) and diluted EPS $32.87. |
| net_income | positive | realized | — | Non-GAAP net income for FQ4-26: $38.40 billion and diluted EPS $33.42. |
| net_income | positive | realized | — | GAAP net income for FY-26: $84.97 billion and diluted EPS $74.33. |
| net_income | positive | realized | — | Non-GAAP net income for FY-26: $86.76 billion and diluted EPS $75.52. |