MU
Micron Technology, Inc.
Micron Technology (MU) Q3 2026 earnings
Published Jun 24, 2026
AI summary
- Revenue $41.46B, up 346% from $9.3B a year ago.
- Adjusted EPS $25.11 beat the $20.69 consensus by $4.42, up from $1.91 a year ago.
- Micron reported record third-quarter revenue of $41.46 billion, up significantly from $9.30 billion a year ago.
- GAAP net income reached $28.24 billion, or $24.67 per diluted share, for the quarter.
- The company is investing at record levels in technology and supply to meet growing demand for AI memory products.
Results vs analyst consensus
Revenue
Reported
$41.46B
Consensus not captured before release
+346% YoY
Adjusted EPS
Reported · Non-GAAP diluted EPS
$25.11
Consensus $20.69
Beat by $4.42GAAP EPS: $24.67
Consensus: Yahoo Finance · Q3 2026 · EPS estimate at release
Revenue display rounded; difference uses exact result.
Next quarter outlook
No guidance in this release.
What to watch
- The company reported a loss on debt prepayments of $325 million during the quarter.
- Results include non-GAAP adjustments for stock-based compensation and tax effects.
Read original report
Source: Micron Technology, Inc. press release · SEC Form 8-K exhibit 99.1