MU · Q1 FY26 · Aug 29 – Nov 27, 2025
Micron Technology Q1 FY26: where the revenue came from and where it went
Micron Technology Q1 FY26: revenue $13.6B (+57% year over year). Net profit $5.2B. Largest cohort CMBU $5.3B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Aug 29 – Nov 27, 2025
- Reported
- Dec 18, 2025
Tap the diagram to enlarge · figures in billions of dollars
Revenue$13.6B
+57% year over year
Gross profit$7.6B
56% margin
Operating profit$6.1B
45% margin
Net profit$5.2B
38% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 13.6 | 100% | +57% |
| CMBU | 5.3 | 39% | |
| MCBU | 4.3 | 32% | |
| CDBU | 2.4 | 18% | |
| AEBU | 1.7 | 12% | |
| Cost of revenue | −6 | 44% | |
| Gross profit | 7.6 | 56% margin | +18pp |
| Research & development | −1.2 | 9% | −2pp |
| SG&A | −0.3 | 2% | −1pp |
| Operating profit | 6.1 | 45% margin | +20pp |
| Tax | −0.8 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 5.2 | 38% | +17pp |
Older quarters
-
Q3 FY26 5/2026Revenue $41.5B Net margin 68%
-
Q2 FY26 2/2026Revenue $23.9B Net margin 58%
-
Q3 FY25 5/2025Revenue $9.3B Net margin 20%
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