Micron Technology (MU) announced its fourth-quarter and full-year fiscal 2026 results on September 30, 2026, for the period ended September 3. Management stated that Micron achieved record results in fiscal 2026 and expects even stronger performance in fiscal 2027.
Micron reported full-year fiscal 2026 revenue of $133.19 billion, compared with $37.38 billion in the previous fiscal year, representing a substantial increase. Fourth-quarter revenue was $54.23 billion, well above the $11.32 billion reported in the same quarter last year.
Fourth-quarter revenue by business unit:
Revenue was $16.283 billion for Cloud Memory, $18 billion for Core Data Center, $13.114 billion for Mobile and Client, and $6.824 billion for Automotive and Embedded.
For fiscal 2026, Micron reported full-year net income of $84.969 billion and free cash flow of $58.963 billion.
Micron expects first-quarter fiscal 2027 revenue of $61.5 billion, plus or minus $1.5 billion, and a gross margin of approximately 85.95%.
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