MU · 8-K · 20260930PR000018

Income Tax Rate Changes

MICRON TECHNOLOGY INC · 2026-09-30 · Importance 69 · Surprise 64

Fiscal Q4 2026 GAAP income tax provision was $6.583 billion, compared with $4.978 billion sequentially and $429 million in the prior-year quarter. Fiscal 2026 income tax provision increased to $14.761 billion from $1.124 billion in fiscal 2025. Based on pretax income of $99.671 billion, the fiscal 2026 GAAP effective tax rate was approximately 14.8%, compared with approximately 11.6% in fiscal 2025. Non-GAAP fiscal 2026 net income included a $554 million estimated tax effect from non-GAAP adjustments and other tax adjustments.