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MU · Q4 FY2026 (Jun-Aug 2026)

Micron Q4 FY2026
Out of every $100 in sales, $81 was operating profit

Next earnings: Wed, Dec 16 (expected)
Revenue
$54.2B
+379% vs. a year ago
Operating income
$43.8B
+1097% vs. a year ago
Net income
$37.7B
+1078% vs. a year ago
Operating margin
81%
32% → 81%

Where every $100 of sales went

Per $100 of sales
Revenue
$100
$54.2B
−Cost of revenue
−$13
$7.2B
Gross profit
$87
$47.0B
−R&D
−$3.5
$1.9B
−SG&A
−$1.6
$0.9B
Operating income
$81
$43.8B
−Taxes & non-operating items
−$11
$6.0B
Net income
$70
$37.7B

Last 8 quarters: revenue and operating income

25%FY25 Q122%FY25 Q223%FY25 Q332%FY25 Q445%FY26 Q168%FY26 Q280%FY26 Q381%FY26 Q4

Quarter by quarter

QuarterRevenueOperating incomeOperating marginNet income
Q4 FY2026 (Jun-Aug 2026)$54.2B$43.8B80.7%$37.7B
Q3 FY2026 (Mar-May 2026)$41.5B$33.3B80.4%$28.2B
Q2 FY2026 (Dec-Feb 2026)$23.9B$16.1B67.6%$13.8B
Q1 FY2026 (Sep-Nov 2025)$13.6B$6.1B45.0%$5.2B
Q4 FY2025 (Jun-Aug 2025)$11.3B$3.7B32.3%$3.2B
Q3 FY2025 (Mar-May 2025)$9.3B$2.2B23.3%$1.9B
Q2 FY2025 (Dec-Feb 2025)$8.1B$1.8B22.0%$1.6B
Q1 FY2025 (Sep-Nov 2024)$8.7B$2.2B25.0%$1.9B

XBRL figures from the company's 10-Q and 10-K filings with the SEC. The fourth quarter is the full year minus the first three. Where gross profit isn't reported, it is revenue minus cost of revenue. For information only, not investment advice.

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