Q3 FY2026 EarningsQ3 FY26 results significantly beat consensus estimates across all top and bottom-line metrics, driven by an AI-fueled surge in memory demand. Revenue reached $41.46B, well exceeding the $35.82B mean estimate, while gross margin expanded to 84.6% vs. 81.7% expected. The data center-focused CMBU and CDBU segments were the primary drivers, with CDBU revenue surging 653% YoY. Non-GAAP EPS of $24.67 dwarfed the $20.71 consensus, underpinned by a 140% YoY increase in DRAM average selling prices.
Financial report interval: 2026.03.03 - 2026.05.31
Overview: Micron Tech(MU) the Revenue is 41.46 B (+345.7%), Beat estimate;the EBIT is 33.68 B (+1253%), Beat estimate;the EPS is 24.67 (+1368%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
41.46B345.72%
35.82B285.12%
+5.64B60.60%
EBITExceed expectations
33.68B1252.65%
27.90B1020.42%
+5.78B232.23%
EPSExceed expectations
24.671368.45%
21.021151.19%
+3.6500217.26%
Upcoming earnings report - Q4 FY2026
Available dateSep 30, 2026
Estimate Revenue$50.79 B
Estimate EBIT$41.82 B
Estimate EPS$31.1333
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