Revenue Surge
MU's revenue increased by 196.3% YoY to $23.86 billion, primarily due to strong demand in key markets.
Source: 10-Q Income Statement
Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
MU reported a significant increase in Q2 FY2026 with revenue up 196.3% YoY, driven by strong demand and improved margins.
Revenue
$23.86B
+196.29% YoY
EPS (Diluted)
$12.07
+756.03% YoY
Gross Margin
74.4%
+37.6 pts YoY
Operating Income
$16.14B
+810.04% YoY
Source: SEC XBRL
Micron Technology (MU) reported Q2 FY2026 revenue of $23.86B, up 196.3% year over year. Operating margin was 67.6%, up 45.6 points from 22.0% a year earlier. MU's fiscal Q2 FY2026 corresponds to calendar Q1 2026.
Last 4 quarters: 4 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 25.11 | 21.40 | Beat +17.3% |
| Mar 2026This filing | 12.20 | 9.58 | Beat +27.3% |
| Dec 2025 | 4.78 | 4.07 | Beat +17.4% |
| Sep 2025 | 3.03 | 2.95 | Beat +2.8% |
Adjusted (non-GAAP) EPS of $12.20 versus the $9.58 analyst consensus — a +27.3% beat for Mar 2026. Analyst consensus is quoted on the adjusted (non-GAAP) basis the street uses. GAAP diluted EPS for this quarter was $12.07.
Compiled by AI from this SEC filing
MU's revenue increased by 196.3% YoY to $23.86 billion, primarily due to strong demand in key markets.
Source: 10-Q Income Statement
The gross margin improved significantly to 74.4%, reflecting better cost management and higher sales volumes.
Source: 10-Q Income Statement
R&D expenses rose by 39.2% YoY, indicating a strategic focus on innovation and product development.
Source: 10-Q Income Statement
Compiled by AI from this SEC filing · 1 high, 2 medium, 0 low
Potential disruptions in the supply chain could impact production and delivery timelines, affecting revenue and profitability.
Source: General Industry Knowledge
Fluctuations in market demand and pricing could lead to revenue instability and affect financial performance.
Source: General Industry Knowledge
Changes in international trade policies and regulations could impact MU's operations and financial results.
Source: General Industry Knowledge
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 23.86 $B | 8.05 $B | +196.29% |
Cost of Revenue $B | 6.11 $B | 5.09 $B | +19.94% |
Gross Profit $B | 17.76 $B | 2.96 $B | +499.22% |
Operating Income $B | 16.14 $B | 1.77 $B | +810.04% |
Net Income $B | 13.79 $B | 1.58 $B | +770.81% |
EPS (Basic) $ | 12.25 $ | 1.42 $ | +762.68% |
EPS (Diluted) $ | 12.07 $ | 1.41 $ | +756.03% |
R&D Expense $B | 1.25 $B | 0.90 $B | +39.20% |
SG&A Expense $M | 344.00 $M | 285.00 $M | +20.70% |
Answers draw on this SEC filing and the data on this page
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