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Micron Technology MU

$1,068.24
−$3.64 (-0.34%)
Market open · Sep 24, 2:00 pm ET
After hours $1,072.44 +0.05%
Open$1,050.00
Prev close$1,071.88
Day range$1,044.00 – $1,076.49
Volume14.68M
Market cap$1.21T
P/E (TTM)24.1
Dividend yield0.05%

Earnings

Next reportSeptember 30, 2026
Quarter2026/Q4
TimingAfter Market
Countdown6 days
Options-implied move±100.9%
Average move on report day±7.9%last 15 reports
Closed higher6 of 1540% of the time
Best reaction+15.7%
Worst reaction-16.2%

Stock move on the day after each report

-4.4%2023/Q4+8.6%2024/Q1+14.1%2024/Q2-7.1%2024/Q3+14.7%2024/Q4-16.2%2025/Q1-8.0%2025/Q2-1.0%2025/Q3-2.8%2025/Q4+10.2%2026/Q1-3.8%2026/Q2+15.7%2026/Q3
QuarterReport dateTimingImplied moveActual moveVersus implied
2026/Q430 Sep 2026After Market±100.9%Upcoming–
2026/Q324 Jun 2026After Market±114.3%+15.74%Within range
2026/Q218 Mar 2026After Market±35.3%-3.78%Within range
2026/Q117 Dec 2025After Market±18.9%+10.21%Within range
2025/Q423 Sep 2025After Market±15.3%-2.82%Within range
2025/Q325 Jun 2025–±10.2%-0.98%Within range
2025/Q220 Mar 2025After Market±10.8%-8.04%Within range
2025/Q118 Dec 2024After Market±13.0%-16.18%Bigger than priced
2024/Q425 Sep 2024After Market±9.5%+14.73%Bigger than priced
2024/Q326 Jun 2024After Market±17.4%-7.12%Within range
2024/Q220 Mar 2024After Market±9.7%+14.13%Bigger than priced
2024/Q120 Dec 2023After Market±4.6%+8.63%Bigger than priced
2023/Q427 Sep 2023After Market±3.7%-4.41%Bigger than priced
2023/Q121 Dec 2022–±3.0%-3.44%Bigger than priced
2022/Q330 Jun 2022–±4.4%-2.95%Within range
2020/Q329 Jun 2020––+4.83%–

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Where the revenue comes from

Quarter 2026/Q3

By business line

  • Cloud Memory Business Unit (CMBU)$13.77B 33.2%
  • Core Data Center Business Unit (CDBU)$11.52B 27.8%
  • Mobile and Client Business Unit (MCBU)$11.52B 27.8%
  • Automotive and Embedded Business Unit (AEBU)$4.63B 11.2%
  • All other$8.00M 0.0%

Latest reported quarter: Q3, ended May 2026

Revenue$41.46B+345.7% YoY
Operating profit$33.32B+1,436.1% YoY
Net profit$28.24B+1,398.3% YoY
Diluted EPS$24.67+1,368.5% YoY
Free cash flow$17.56B+951.0% YoY
Operating cash flow$25.39B

Revenue, last 8 quarters

$7.8BAug '24$8.7BNov '24$8.1BFeb '25$9.3BMay '25$11.3BAug '25$13.6BNov '25$23.9BFeb '26$41.5BMay '26

Net profit, last 8 quarters

$887.0MAug '24$1.9BNov '24$1.6BFeb '25$1.9BMay '25$3.2BAug '25$5.2BNov '25$13.8BFeb '26$28.2BMay '26

Profitability & balance sheet

Gross margin72.6%
Operating margin65.7%
Net margin55.9%
Return on equity66.6%
Return on assets47.5%
Return on invested capital57.6%
Current ratio3.42
Liabilities / assets24.9%
Cash & investments$26.02B
Total debt$5.79B
Net cash (debt)$20.23B
Free cash flow / sales29.0%
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