earnings
confidence high
sentiment positive
materiality 0.95
Micron Q2 FY2026 record rev $23.86B, EPS $12.07; Q3 guide rev $33.5B, EPS $18.90
MICRON TECHNOLOGY INC
2026-Q2 EPS reported
$16.68
revenue$37,503,000,000
- Revenue $23.86B vs $13.64B QoQ and $8.05B YoY; GAAP EPS $12.07, non-GAAP $12.20.
- Gross margin 74.4% GAAP (74.9% non-GAAP), up from 56.0% prior quarter.
- Board approved 30% dividend increase to $0.15/share quarterly.
- Q3 guidance: revenue $33.5B ± $750M, non-GAAP EPS $19.15 ± $0.40.
- Operating cash flow $11.90B; adjusted free cash flow $6.9B.