Skip to content
Screener

Micron Technology, Inc. MU Q2 2026 earnings

Reported March 18, 2026 · After market close

Revenue$23.9BBeat by $3.9B
EPS$12.20Beat by $3.01
Revenue estimate$20.0B
EPS estimate$9.19

Next report

Dec 23, 2026 (in 2 months)
Revenue estimate$61.5B
EPS estimate$38.20

Financials

Q2 2026

Income statement

See full
Revenue$23.9B+196%
Gross profit$17.8B+499%
Operating income$16.1B+810%
Net income$13.8B+771%
EPS (diluted)$12.07+756%

Balance sheet

See full
Cash & equivalents$13.9B+84.2%
Total debt$13.6B-23.8%
Total equity$72.5B+49.0%
Total assets$101.51B+39.0%

Cash flow

See full
Operating cash flow$11.9B+202%
CapEx$6.4B+57.5%
Free cash flow$5.5B+4,981%

Valuation & ratios

Valuation

as of 02/26/26
See full
Market cap$467.72B—
Enterprise value$467.41B—
P/E19.4×—
P/S8×—

Profitability

See full
Gross margin58.4%+23.7pp
Operating margin48.3%+28.6pp
Net margin41.5%+26.6pp
FCF margin17.7%—

Returns & leverage

See full
Return on equity39.8%+29.7pp
Debt / equity0.2×-0.2×
Current ratio2.9×-0.2×

Segments

By geography

See full
Other Asia Pacific$1.4B+202%
Europe$429.0M+175%
Other$182.3M+90.3%

FAQ

When did Micron Technology, Inc. report Q2 2026 earnings?
Micron Technology, Inc. (MU) reported Q2 2026 earnings on March 18, 2026 after market close.
What were Micron Technology, Inc.'s Q2 2026 revenue and EPS?
Micron Technology, Inc. reported revenue of $23.9B and eps of $12.20 for Q2 2026.
Did Micron Technology, Inc. beat estimates in Q2 2026?
Revenue beat the consensus estimate of $20.0B by $3.9B. EPS beat the consensus estimate of $9.19 by $3.01.
How did Micron Technology, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 196.3% from $8.1B a year earlier and eps grew 682.1% from $1.56.
Where can I find Micron Technology, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0000723125-26-000004) and the 10-Q periodic report (0000723125-26-000006) directly on SEC EDGAR. The filing index links above go to sec.gov.