earnings
confidence high
sentiment positive
materiality 0.90
Micron reports record Q1 revenue of $13.64B, EPS $4.60; Q2 guidance above expectations
MICRON TECHNOLOGY INC
2026-Q1 EPS reported
$4.60
revenue$13,643,000,000
- GAAP revenue $13.64B (up 56.9% YoY); GAAP diluted EPS $4.60; non-GAAP EPS $4.78.
- Record operating cash flow of $8.41B; adjusted free cash flow $3.9B.
- Cloud Memory BU revenue $5.28B (66% gross margin); Core Data Center $2.38B (51% GM).
- Q2 FY2026 guidance: revenue $18.7B ± $400M, GAAP EPS $8.19, non-GAAP EPS $8.42.
- Board declared quarterly dividend of $0.115/share payable Jan 14, 2026.