MU · Q3 FY26 · May 28, 2026
Micron Technology Q3 FY26: where the revenue came from and where it went
Micron Technology Q3 FY26: revenue $41.5B (+346% year over year). Net profit $28.2B. Largest cohort CMBU $13.8B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- May 28, 2026
- Reported
- Jun 25, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$41.5B
+346% year over year
Gross profit$35.1B
85% margin
Operating profit$33.3B
80% margin
Net profit$28.2B
68% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 41.5 | 100% | +346% |
| CMBU | 13.8 | 33% | |
| CDBU | 11.5 | 28% | |
| MCBU | 11.5 | 28% | |
| AEBU | 4.6 | 11% | |
| Cost of revenue | −6.4 | 15% | |
| Gross profit | 35.1 | 85% margin | +47pp |
| Research & development | −1.3 | 3% | −7pp |
| SG&A | −0.4 | 1% | −2pp |
| Operating profit | 33.3 | 80% margin | +57pp |
| Tax | −5 | ||
| Interest & other costs | −0.1 | ||
| Net profit | 28.2 | 68% | +48pp |
Older quarters
-
Q2 FY26 2/2026Revenue $23.9B Net margin 58%
-
Q1 FY26 11/2025Revenue $13.6B Net margin 38%
-
Q3 FY25 5/2025Revenue $9.3B Net margin 20%
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