Micron Technology, Inc. Reports Record Fiscal Fourth-Quarter and Full

Micron Technology, Inc. Reports Record Fiscal Fourth-Quarter and Full-Year 2026 Results

AI-driven demand and strong operational execution position Micron for a record fiscal 2027

BOISE, Idaho, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its fourth quarter and full year of fiscal 2026, which ended September 3, 2026.

Revenue of $54.23 billion versus $41.46 billion for the prior quarter and $11.32 billion for the same period last year

GAAP net income of $37.70 billion, or $32.87 per diluted share

Non-GAAP net income of $38.40 billion, or $33.42 per diluted share

Operating cash flow of $43.97 billion versus $25.39 billion for the prior quarter and $5.73 billion for the same period last year

Revenue of $133.19 billion versus $37.38 billion for the prior year

GAAP net income of $84.97 billion, or $74.33 per diluted share

Non-GAAP net income of $86.76 billion, or $75.52 per diluted share

Operating cash flow of $89.68 billion versus $17.53 billion for the prior year

"Micron delivered record fiscal 2026 results, and we expect an even stronger fiscal 2027," said Sanjay Mehrotra, Chairman and CEO of Micron Technology. "AI is becoming Super Intelligence (SI), and memory enhances this intelligence and the competitiveness of our customers' platforms. We are increasing our investments in technology, products and manufacturing to help drive SI forward with our customers, and our Strategic Customer Agreements provide added confidence in the durability of Micron's financial performance."

(in millions, except per share amounts)

Investments in capital expenditures, net(2) were $10.77 billion for the fourth quarter of 2026 and $27.37 billion for the full year of 2026. Adjusted free cash flow(2) was $33.20 billion for the fourth quarter of 2026 and $62.31 billion for the full year of 2026. Micron ended the year with cash, marketable investments, and restricted cash of $73.48 billion. On September 30, 2026, Micron's Board of Directors declared a quarterly dividend of $0.15 per share, payable in cash on October 29, 2026, to shareholders of record as of the close of business on October 14, 2026.