MU · 10-Q · 2026Q2 · Full report

Revenue Performance and Mix

MICRON TECHNOLOGY INC · 2026-06-25 · Importance 69 · Surprise 64 · No source text

Third-quarter 2026 revenue increased 74% sequentially to $41.456 billion and 346% year over year, while nine-month revenue increased 203% to $78.959 billion. DRAM revenue rose 67% sequentially and 343% year over year, driven mainly by average selling price increases of low-60% and low-260%, respectively, plus higher bit shipments. NAND revenue rose 99% sequentially and 361% year over year, reflecting average selling price increases of mid-80% and mid-310%, respectively, with higher bit shipments. Third-quarter business-unit revenue increased 78% for CMBU to $13.769 billion, 103% for CDBU to $11.524 billion, 49% for MCBU to $11.521 billion, and 71% for AEBU to $4.634 billion.

Key facts

• Sales of DRAM products increased 67% sequentially in Q3 2026, primarily due to a low-60% range increase in average selling prices and a low-single-digit percentage range increase in bit shipments. source
• Sales of NAND products increased 99% sequentially in Q3 2026, primarily due to a mid-80% range increase in average selling prices and a mid-single-digit percentage range increase in bit shipments. source
• Sales of DRAM products increased 343% year-over-year in Q3 2026, primarily due to a low-260% range increase in average selling prices and a low-20% range increase in bit shipments. source
• Sales of NAND products increased 361% year-over-year in Q3 2026, primarily due to a mid-310% increase in average selling prices and a low-double-digit increase in bit shipments. source
• CMBU revenue for Q3 2026: $13,769 million, an increase of 78% sequentially. source
• CDBU revenue for Q3 2026: $11,524 million, an increase of 103% sequentially. source
• AEBU revenue for Q3 2026: $4,634 million, an increase of 71% sequentially. source
• Total revenue for the third quarter of 2026: $41,456 million. source

Impact estimates