Skip to content
Screener

Micron Technology MU Q3 2026 earnings

Reported June 24, 2026 · After market close

Revenue$41.5BBeat by $5.6B
EPS$24.67Beat by $3.69
Revenue estimate$35.9B
EPS estimate$20.98
“Micron’s record fiscal Q3 financial results and even stronger outlook for Q4 reflect the strategic value of memory in the AI era, Micron is investing at record levels in technology, products and supply to address our customers’ rapidly growing demand. We believe our multi-year Strategic Customer Agreements will significantly enhance the durability and predictability of Micron’s strong financial performance.”
Sanjay Mehrotra

Earnings data and commentary were extracted with AI from company filings and may contain errors. Verify important details in the filing.

Next report

Sep 29, 2026 (in a month)
Revenue estimate$50.4B
EPS estimate$31.14

Financials

Q3 2026

Income statement

See full
Revenue$41.5B+346%
Gross profit$35.1B+899%
Operating income$33.3B+1,436%
Net income$28.2B+1,398%
EPS (diluted)$24.67+1,368%

Balance sheet

See full
Cash & equivalents$25.0B+146%
Total debt$5.7B-70.4%
Total equity$100.72B+98.5%
Total assets$134.11B+71.1%

Cash flow

See full
Operating cash flow$25.4B+451%
CapEx$7.8B+166%
Free cash flow$17.6B+951%

Valuation & ratios

Valuation

as of 08/27/26
See full
Market cap$1.06T+704%
Enterprise value$1.04T+638%
P/E21×-0.2×
P/S11.7×+7.8×

Profitability

See full
Gross margin72.6%+35.4pp
Operating margin65.6%+43.0pp
Net margin55.9%+37.5pp
FCF margin29%+23.4pp

Returns & leverage

See full
Return on equity66.6%+53.5pp
Debt / equity0.1×-0.3×
Current ratio3.4×+0.7×

Segments

By segment

See full
CMBU$13.8B—
CDBU$11.5B—
AEBU$4.6B—

FAQ

When did Micron Technology report Q3 2026 earnings?
Micron Technology (MU) reported Q3 2026 earnings on June 24, 2026 after market close.
What were Micron Technology's Q3 2026 revenue and EPS?
Micron Technology reported revenue of $41.5B and eps of $24.67 for Q3 2026.
Did Micron Technology beat estimates in Q3 2026?
Revenue beat the consensus estimate of $35.9B by $5.6B. EPS beat the consensus estimate of $20.98 by $3.69.
How did Micron Technology's Q3 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 345.7% from $9.3B a year earlier and eps grew 1191.6% from $1.91.
Where can I find Micron Technology's Q3 2026 SEC filings?
You can read the 8-K earnings release (0000723125-26-000013) and the 10-Q periodic report (0000723125-26-000015) directly on SEC EDGAR. The filing index links above go to sec.gov.