MU · News · 20261019N
Quarterly Earnings Performance
MICRON TECHNOLOGY INC · 2026-10-19 · Importance 58 · Surprise 46 · From source text
Micron Technology reported fiscal fourth-quarter 2026 revenue of $54.23 billion, up from $11.32 billion a year earlier, representing approximately 379% YoY growth. Fiscal-year 2026 revenue totaled $133.19 billion, exceeding the $3,996 million materiality threshold. GAAP gross margin reached 86.8%, while fiscal-year net income was approximately $84.97 billion. The reported results indicate that profitability was highly sensitive to memory selling prices and factory utilization.
Key facts
- In fiscal fourth-quarter 2026, Micron's revenue reached $54.23 billion, compared with $11.32 billion a year earlier, and GAAP gross margin reached 86.8%. source
- Micron's fiscal-year 2026 revenue totaled $133.19 billion, with net income of approximately $84.97 billion. source
- Micron generated $89.68 billion of operating cash in its fiscal year ended September 3, 2026. source
- Zacks.com's Q3 Earnings Season Preview includes Micron on its list of companies likely to issue earnings surprises. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +32.2% | In fiscal fourth-quarter 2026, Micron's revenue reached $54.23 billion, compared with $11.32 billion a year earlier, and GAAP gross margin… |
| margin | positive | realized | — | In fiscal fourth-quarter 2026, Micron's revenue reached $54.23 billion, compared with $11.32 billion a year earlier, and GAAP gross margin… |
| revenue | positive | realized | — | Micron's fiscal-year 2026 revenue totaled $133.19 billion, with net income of approximately $84.97 billion. |
| net_income | positive | realized | — | Micron's fiscal-year 2026 revenue totaled $133.19 billion, with net income of approximately $84.97 billion. |
| cash | positive | realized | — | Micron generated $89.68 billion of operating cash in its fiscal year ended September 3, 2026. |