MU · Q2 FY26 · Nov 28, 2025 – Feb 26, 2026
Micron Technology Q2 FY26: where the revenue came from and where it went
Micron Technology Q2 FY26: revenue $23.9B (+196% year over year). Net profit $13.8B. Largest cohort CMBU $7.7B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Nov 28, 2025 – Feb 26, 2026
- Reported
- Mar 19, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$23.9B
+196% year over year
Gross profit$17.8B
74% margin
Operating profit$16.1B
68% margin
Net profit$13.8B
58% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 23.9 | 100% | +196% |
| CMBU | 7.7 | 32% | |
| MCBU | 7.7 | 32% | |
| CDBU | 5.7 | 24% | |
| AEBU | 2.7 | 11% | |
| Cost of revenue | −6.1 | 26% | |
| Gross profit | 17.8 | 74% margin | +38pp |
| Research & development | −1.3 | 5% | −6pp |
| SG&A | −0.3 | 1% | −2pp |
| Operating profit | 16.1 | 68% margin | +46pp |
| Tax | −2.3 | ||
| Net profit | 13.8 | 58% | +38pp |
Older quarters
-
Q3 FY26 5/2026Revenue $41.5B Net margin 68%
-
Q1 FY26 11/2025Revenue $13.6B Net margin 38%
-
Q3 FY25 5/2025Revenue $9.3B Net margin 20%
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