When did Micron Technology report Q3 2024 earnings?

Micron Technology (MU) reported Q3 2024 earnings on June 26, 2024 after market close.

What were Micron Technology's Q3 2024 revenue and EPS?

Micron Technology reported revenue of $6.8B and diluted EPS of $0.62 for Q3 2024.

Did Micron Technology beat estimates in Q3 2024?

Revenue beat the consensus estimate of $6.7B by $142.3M. EPS beat the consensus estimate of $0.48 by $0.14.

Where can I find Micron Technology's Q3 2024 SEC filings?

You can read the 10-Q periodic report (0000723125-24-000019) directly on SEC EDGAR. The filing index links above go to sec.gov.

Micron Technology MU Q3 2024 earnings

Reported June 26, 2024 · After market close

Revenue$6.8BBeat by $142.3M Diluted EPS$0.62Beat by $0.14

Revenue estimate$6.7B

EPS estimate$0.48

Next report

Sep 22, 2026 (in 3 months)

Revenue estimate$43.6B

EPS estimate$24.91

Financials

Q3 2024

Income statement

See full

Revenue$6.8B+81.5%

Gross profit$1.8B+374%

Operating income$719.0M+141%

Net income$332.0M+118%

EPS (diluted)$0.30+117%

Balance sheet

See full

Cash & equivalents$7.6B-18.3%

Total debt$15.9B+5.2%

Total equity$44.2B-2.6%

Total assets$66.3B+0.9%

Cash flow

See full

Operating cash flow$2.5B+10,242%

CapEx$2.1B+33.6%

Free cash flow$396.0M+126%

Valuation & ratios

Valuation

as of 05/30/24

See full

Market cap$145.6B+111%

Enterprise value$153.87B+105%

P/S6.8×+3.0×

Profitability

See full

Gross margin11.4%+2.4pp

Operating margin-7.9%-2.6pp

Net margin-7.2%-2.6pp

FCF margin-6.4%-2.8pp

Returns & leverage

See full

Return on equity-3.4%-1.1pp

Debt / equity0.4×0.0×

Current ratio3.4×-0.8×

Segments

By segment

See full

CDBU$1.2B—

AEBU$1.2B—

CMBU$948.0M—

All other$3.0M-40.0%

By geography

See full

Other Asia Pacific$332.5M+76.9%

Europe$204.5M+19.9%

Other Countries$32.8M+36.5%

By product

See full

DRAM$4.7B+75.6%

NAND$2.1B+104%

Other (primarily NOR)$54.0M-19.4%

Versus estimates

Revenue

Q3 2026$41.5BBeat by $5.6B Q2 2026$23.9BBeat by $3.9B Q1 2026$13.6BBeat by $736.3M Q4 2025$11.3BBeat by $98.0M Q3 2025$9.3BBeat by $437.7M Q2 2025$8.1BBeat by $155.8M

Diluted EPS

Q3 2026$24.67Beat by $3.69 Q2 2026$12.20Beat by $3.01 Q1 2026$4.78Beat by $0.82 Q4 2025$3.03Beat by $0.17 Q3 2025$1.91Beat by $0.31 Q2 2025$1.56Beat by $0.13

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Questions, answered.

When did Micron Technology report Q3 2024 earnings?: Micron Technology (MU) reported Q3 2024 earnings on June 26, 2024 after market close.
What were Micron Technology's Q3 2024 revenue and EPS?: Micron Technology reported revenue of $6.8B and diluted EPS of $0.62 for Q3 2024.
Did Micron Technology beat estimates in Q3 2024?: Revenue beat the consensus estimate of $6.7B by $142.3M. EPS beat the consensus estimate of $0.48 by $0.14.
Where can I find Micron Technology's Q3 2024 SEC filings?: You can read the 10-Q periodic report (0000723125-24-000019) directly on SEC EDGAR. The filing index links above go to sec.gov.