$MU Micron Q4 FY26 (August quarter).

• Revenue +379% Y/Y to $54.2B ($2.8B beat).
☁️ Cloud Memory +258% Y/Y.
⚙️ Core Data Center +1,042% Y/Y.
📱 Mobile & Client +249% Y/Y.
🛞 Auto & Embedded +376% Y/Y.
• Non-GAAP EPS $33.42 ($1.60 beat).

MICRON $MU Q4’26 EARNINGS HIGHLIGHTS

🔹 Revenue: $54.23B (Est. $51.07B) 🟢; +379% YoY
🔹 Adj. EPS: $33.42 (Est. $31.61) 🟢
🔹 Adj. Gross Margin: 87.0% (Est. 86.1%) 🟢

Q1 FY27 Guide:
🔹 Revenue: $61.5B ± $1.5B (Est. $57.02B) 🟢
🔹 Adj. EPS: $38.15 ± $1.00 (Est. $35.40) 🟢
🔹 Adj. Gross Margin: ~86.25% (Est. 86.4%) 🟡

CapEx & Cash Flow:
🔹 Operating Cash Flow: $43.97B (Est. $34.47B) 🟢

Business Unit Revenue:
🔹 Cloud Memory: $16.28B
🔹 Core Data Center: $18.00B
🔹 Mobile and Client: $13.11B
🔹 Automotive and Embedded: $6.82B

Other Q4 Metrics:
🔹 Adj. Oper Income: $44.64B (Est. $42.41B) 🟢
🔹 Adj. Net Income: $38.40B (Est. $36.31B) 🟢
🔹 GAAP EPS: $32.87

Key Updates:
🔸 Quarterly dividend of $0.15 per share

Comments:
🔸 “Micron delivered record fiscal 2026 results, and we expect an even stronger fiscal 2027”