Micron Technology, Inc. (MU) Financials
Key financial figures for Micron Technology, Inc. (Q4 2026).
Micron Q4 FY2026 revenue of $54.23B (up 379% YoY, up 31% QoQ) with non-GAAP EPS of $33.42; fiscal Q1 2027 revenue guided to $61.5B. Revenue of $54.23B versus $41.46B in the prior quarter and $11.32B a year ago, above the $50.0B (plus or minus $1.0B) guided a quarter earlier. The fiscal quarter ended September 3, 2026, a week later in the calendar than the August 28, 2025 prior-year quarter end, so it spans 14 weeks by the release's dates. GAAP net income was $37.70B ($32.87 per diluted share); non-GAAP EPS of $33.42 compares with consensus of roughly $31.7 per our calendar (providers differ slightly), a beat. Prior guidance was $31.00 plus or minus $1.00. On the outlook: Fiscal Q1 2027: revenue of $61.5 billion plus or minus $1.5 billion; non-GAAP gross margin of approximately 86.25% (GAAP approximately 85.95%); non-GAAP operating expenses of approximately $2.06 billion (GAAP approximately $2.31 billion); non-GAAP diluted EPS of $38.15 plus or minus $1.00 (GAAP $37.84 plus or minus $1.00), on approximately 1.15 billion diluted shares. Figures are for Q4 FY2026, as Micron Technology, Inc. reported them.
- Revenue
- $54.2B
- Net Income
- $37.7B
- EPS
- $33.36
- Total Assets
- $195.9B
- Operating Cash Flow
- $44.0B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q4 FY2026 | $54.2B | $37.7B | $32.87 | 80.68% | $32.9B |
| Q3 FY2026 | $41.5B | $28.2B | $24.67 | 80.37% | $17.6B |
| Q2 FY2026 | $23.9B | $13.8B | $12.07 | 67.62% | $5.5B |
| Q1 FY2026 | $13.6B | $5.2B | $4.60 | 44.98% | $3.0B |
| Q4 FY2025 | $11.3B | $3.2B | $2.83 | 33.18% | $72M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2026 | $133.2B | $85.0B | $74.33 | 74.59% | $59.0B |
| FY2025 | $37.4B | $8.5B | $7.59 | 26.41% | $1.7B |
| FY2024 | $25.1B | $778M | $0.70 | 5.19% | $121M |
Frequently asked questions
What was Micron Technology, Inc.'s revenue last quarter?
Micron Technology, Inc. reported revenue of $54.23 billion for Q4 FY2026, up 379.3% from the same period a year earlier.
Is Micron Technology, Inc. profitable?
Yes. Micron Technology, Inc. reported net income of $37.70 billion for Q4 FY2026, a net margin of 69.52% on revenue.
How has Micron Technology, Inc.'s margin trended?
Operating margin was 80.68% in Q4 FY2026, compared with 33.18% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
When does Micron Technology, Inc. report next?
Micron Technology, Inc. is scheduled to report Q1 2027 results on 2026-12-23. That date is an estimate and has not been confirmed by the company.
Full income statement, balance sheet and cash flow for Micron Technology, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.