MU · 10-Q · 2026Q2 · Full report
Income Tax Rate Changes
MICRON TECHNOLOGY INC · 2026-06-25 · Importance 84 · Surprise 74 · Matches filing data
Micron’s effective tax rate was 15.0% in the third quarter of 2026, compared with 14.7% in the second quarter and 11.1% in the third quarter of 2025. The company recorded an income tax provision of $4.978 billion in the third quarter and $8.178 billion for the first nine months of 2026. Singapore’s implementation of the 15% Pillar Two minimum tax in 2026 largely offset the benefit of Singapore tax incentive arrangements and drove the year-over-year tax-rate increase.
Key facts
- Effective tax rate for Q3 2026: 15.0%, and income tax provision: $(4,978) million on income before taxes of $33,212 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -12.0% | Effective tax rate for Q3 2026: 15.0%, and income tax provision: $(4,978) million on income before taxes of $33,212 million. |