# Micron Technology (MU) — Earnings

MU · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/mu/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q4 2026 |
| Period end | Sep 3, 2026 |
| EPS actual | $33.42 |
| EPS estimate | $31.72 |
| EPS surprise | +5.34% |
| Revenue surprise | +5.64% |
| Revenue | $54.2B |
| Revenue estimate | $51.3B |
| Reported | Sep 30, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/723125/000072312526000018/mu-20260930.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/32af705a-956d-7b68-ef61-cd4414b511ac.html) |

Micron reported fiscal Q4 2026 results on September 30, 2026. Earnings per share were $33.42, ahead of the $31.72 estimate by 5.34%. Revenue was $54.2 billion, above the $51.3 billion consensus by 5.64%. Compared with fiscal Q4 2025, EPS rose about elevenfold from $3.03 and revenue grew about 4.8 times from $11.3 billion.

The quarter capped a sharp climb. EPS has risen in every quarter since fiscal Q2 2025, and Q4 2026 set the highs in the table for both EPS and revenue. Fiscal 2026 EPS totalled $75.51, about 9.1 times the $8.29 of fiscal 2025, on revenue of $133.2 billion versus $37.4 billion. The table also shows a downturn. Micron posted losses in five straight quarters, from fiscal Q1 2023 through Q1 2024. Fiscal 2023 was a loss of $4.45 per share, and fiscal Q2 2023 was the low point at a loss of $1.91. Over the last 20 quarters, Micron beat the EPS estimate 18 times. The two misses were fiscal Q1 and Q2 2023.

Micron reported fiscal Q1 between December 17 and December 21 in each of the last five years. That points to mid-to-late December 2026 for the next report, the first of fiscal 2027.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q4 2026 | Sep 30, 2026 | $31.72 | $33.42 | 5.34% | $51.3B | $54.2B |
| Q3 2026 | Jun 24, 2026 | $20.86 | $25.11 | 20.36% | $35.9B | $41.5B |
| Q2 2026 | Mar 18, 2026 | $9.19 | $12.20 | 32.81% | $20.0B | $23.9B |
| Q1 2026 | Dec 17, 2025 | $3.96 | $4.78 | 20.67% | $12.9B | $13.6B |
| Q4 2025 | Sep 23, 2025 | $2.86 | $3.03 | 5.88% | $11.2B | $11.3B |
| Q3 2025 | Jun 25, 2025 | $1.60 | $1.91 | 19.20% | $8.9B | $9.3B |
| Q2 2025 | Mar 20, 2025 | $1.43 | $1.56 | 9.13% | $7.9B | $8.1B |
| Q1 2025 | Dec 18, 2024 | $1.76 | $1.79 | 1.54% | $8.7B | $8.7B |
| Q4 2024 | Sep 25, 2024 | $1.12 | $1.18 | 5.74% | $7.6B | $7.8B |
| Q3 2024 | Jun 26, 2024 | $0.48 | $0.62 | 29.14% | $6.7B | $6.8B |
| Q2 2024 | Mar 20, 2024 | −$0.25 | $0.42 | 266.20% | $5.3B | $5.8B |
| Q1 2024 | Dec 20, 2023 | −$1.01 | −$0.95 | 5.49% | $4.6B | $4.7B |
| Q4 2023 | Sep 27, 2023 | −$1.14 | −$1.07 | 6.48% | $4.0B | $4.0B |
| Q3 2023 | Jun 28, 2023 | −$1.61 | −$1.43 | 11.21% | $3.6B | $3.8B |
| Q2 2023 | Mar 28, 2023 | −$0.67 | −$1.91 | -186.27% | $3.7B | $3.7B |
| Q1 2023 | Dec 21, 2022 | −$0.02 | −$0.04 | -102.02% | $4.1B | $4.1B |
| Q4 2022 | Sep 29, 2022 | $1.37 | $1.45 | 5.85% | $6.7B | $6.6B |
| Q3 2022 | Jun 30, 2022 | $2.44 | $2.59 | 6.02% | $8.6B | $8.6B |
| Q2 2022 | Mar 29, 2022 | $1.98 | $2.14 | 8.32% | $7.5B | $7.8B |
| Q1 2022 | Dec 20, 2021 | $2.10 | $2.16 | 2.91% | $7.7B | $7.7B |

## Frequently Asked Questions

### When did Micron Technology (MU) last report earnings?

Micron Technology last reported on Sep 30, 2026, covering fiscal Q4 2026.

### Did MU beat earnings estimates?

Yes. Micron Technology reported EPS of $33.42 for Q4 2026 against a $31.72 estimate — a 5.34% beat.

### How much revenue did MU report last quarter?

Micron Technology reported $54.2B in revenue for Q4 2026, against a consensus estimate of $51.3B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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