MU financials
Micron Technology, Inc. · end-of-day data as of Oct 16, 2026
Micron Technology, Inc.
$878.84-4.6%
Buy · 49 analystsPT $1,601.21 +82.2%
MU reported revenue of $54.23B for the quarter ended Sep 3, 2026 (Q4 FY2026), up 379.3% from a year earlier. It posted diluted EPS of $32.87, free cash flow of $26.81B and a net margin of 69.5%.
Valuation
- P/E11.8x
- P/E vs own-37.1%
- P/E vs sector-64.5%
- FCF yield+5.3%
- Market cap$994B
Quarterly results
Q4 FY2026: Revenue +379.3% year over year, free cash flow 49.4% of revenue, operating margin 81.7%.
RevenueFree cash flow
| Q4 FY2026 | Sep 3, 2026 | $54.23B | 32.87 | $26.81B | 86.8% | 81.7% | 69.5% |
| Q3 FY2026 | May 28, 2026 | $41.46B | 24.67 | $17.56B | 84.6% | 80.4% | 68.1% |
| Q2 FY2026 | Feb 26, 2026 | $23.86B | 12.08 | $5.52B | 74.4% | 67.6% | 57.8% |
| Q1 FY2026 | Nov 27, 2025 | $13.64B | 4.60 | $3.02B | 56.0% | 45.0% | 38.4% |
| Q4 FY2025 | Aug 28, 2025 | $11.31B | 2.83 | $72M | 44.7% | 33.2% | 28.3% |
| Q3 FY2025 | May 29, 2025 | $9.3B | 1.68 | $1.67B | 37.7% | 23.3% | 20.3% |
| Q2 FY2025 | Feb 27, 2025 | $8.05B | 1.41 | -$113M | 36.8% | 22.0% | 19.7% |
| Q1 FY2025 | Nov 28, 2024 | $8.71B | 1.67 | $38M | 38.4% | 25.0% | 21.5% |
| Q4 FY2024 | Aug 29, 2024 | $7.75B | 0.79 | $285M | 35.3% | 19.6% | 11.4% |
| Q3 FY2024 | May 30, 2024 | $6.81B | 0.30 | $396M | 26.9% | 10.6% | 4.9% |
| Q2 FY2024 | Feb 29, 2024 | $5.82B | 0.71 | -$165M | 18.5% | 3.3% | 13.6% |
| Q1 FY2024 | Nov 30, 2023 | $4.73B | -1.12 | -$395M | -0.7% | -23.9% | -26.1% |