Micron Technology

MU Information Technology Market cap $1.04T as of Sep 14, 2026 16:00 ET S&P 500

Q3 FY26 Feb 27 – May 28, 2026 reported Jun 25, 2026

Revenue$41.46B +346% year over year

Gross profit$35.06B 85% margin

Operating profit$33.32B 80% margin

Net profit$28.24B 68% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q3 FY26 (period ends May 28, 2026).
Item	Value	Share of revenue	Year over year
Revenue	41.46	100%	+346%
CMBU	13.77	33%
CDBU	11.52	28%
MCBU	11.52	28%
AEBU	4.63	11%
All other	0.01	0%
Cost of revenue	−6.40	15%
Gross profit	35.06	85% margin	+47pp
R&D	−1.32	3%	−7pp
SG&A	−0.41	1%	−2pp
Other	−0.02	0%	+0pp
Operating profit	33.32	80% margin	+57pp
Interest & other costs	−0.10
Tax	−4.98
Net profit	28.24	68% margin	+48pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Feb 26, 2026).
Item	Value	Share of revenue	Year over year
Revenue	23.86	100%	+196%
CMBU	7.75	33%
MCBU	7.71	32%
CDBU	5.69	24%
AEBU	2.71	11%
All other	0.01	0%
Cost of revenue	−6.11	26%
Gross profit	17.76	74% margin	+38pp
R&D	−1.25	5%	−6pp
SG&A	−0.34	2%	−2pp
Other	−0.03	0%	+0pp
Operating profit	16.14	68% margin	+46pp
Tax	−2.35
Net profit	13.79	58% margin	+38pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Nov 27, 2025).
Item	Value	Share of revenue	Year over year
Revenue	13.64	100%	+57%
CMBU	5.28	39%
MCBU	4.26	31%
CDBU	2.38	17%
AEBU	1.72	13%
All other	0.01	0%
Cost of revenue	−6.00	44%
Gross profit	7.65	56% margin	+18pp
R&D	−1.17	9%	−2pp
SG&A	−0.34	2%	−1pp
Operating profit	6.14	45% margin	+20pp
Interest & other costs	−0.07
Tax	−0.83
Net profit	5.24	38% margin	+17pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Aug 28, 2025).
Item	Value	Share of revenue	Year over year
Revenue	11.32	100%	+46%
Cost of revenue	−6.26	55%
Gross profit	5.05	45% margin	+9pp
R&D	−1.05	9%	−2pp
SG&A	−0.31	3%	−1pp
Other	−0.04	0%	+0pp
Operating profit	3.65	32% margin	+13pp
Tax	−0.45
Net profit	3.20	28% margin	+17pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends May 29, 2025).
Item	Value	Share of revenue	Year over year
Revenue	9.30	100%	+37%
CNBU	5.07	54%
MBU	1.55	17%
SBU	1.45	16%
EBU	1.23	13%
All other	<0.01	0%
Cost of revenue	−5.79	62%
Gross profit	3.51	38% margin	+11pp
R&D	−0.97	10%	−2pp
SG&A	−0.32	3%	−1pp
Other	−0.06	1%	+0pp
Operating profit	2.17	23% margin	+13pp
Interest & other costs	−0.05
Tax	−0.24
Net profit	1.89	20% margin	+15pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q3 FY26 Feb 27 – May 28, 2026 reported Jun 25, 2026 Operating margin 80% Net profit $28.2B	Feb 27 – May 28, 2026	Jun 25, 2026	$41.5B	+346%	80%	$28.2B	68%
Q2 FY26 Nov 28, 2025 – Feb 26, 2026 reported Mar 19, 2026 Operating margin 68% Net profit $13.8B	Nov 28, 2025 – Feb 26, 2026	Mar 19, 2026	$23.9B	+196%	68%	$13.8B	58%
Q1 FY26 Aug 29 – Nov 27, 2025 reported Dec 18, 2025 Operating margin 45% Net profit $5.2B	Aug 29 – Nov 27, 2025	Dec 18, 2025	$13.6B	+57%	45%	$5.2B	38%
Q4 FY25 May 30 – Aug 28, 2025 reported Oct 3, 2025 Operating margin 32% Net profit $3.2B	May 30 – Aug 28, 2025	Oct 3, 2025	$11.3B	+46%	32%	$3.2B	28%
Q3 FY25 Feb 28 – May 29, 2025 reported Jun 26, 2025 Operating margin 23% Net profit $1.9B	Feb 28 – May 29, 2025	Jun 26, 2025	$9.3B	+37%	23%	$1.9B	20%