MU · News · 20261030N
Net Income and Profitability
MICRON TECHNOLOGY INC · 2026-10-30 · Importance 69 · Surprise 64 · In source text
Micron reported fourth-quarter fiscal 2026 non-GAAP earnings of $33.42 per share, compared with $3.03 per share in the year-ago quarter, an increase of more than elevenfold. Fourth-quarter non-GAAP EPS exceeded the Zacks Consensus Estimate by 5.7%. The report attributed the earnings growth to strong pricing, tight DRAM and NAND conditions, and AI-led memory and storage demand supporting data center growth.
Key facts
- Micron reported Q4 fiscal 2026 non-GAAP earnings of $33.42 per share, up more than 11-fold from $3.03 in the year-ago quarter, and 5.7% above the Zacks Consensus Estimate. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | — | Micron reported Q4 fiscal 2026 non-GAAP earnings of $33.42 per share, up more than 11-fold from $3.03 in the year-ago quarter, and 5.7%… |