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Micron (MU)
NASDAQ:MU
Earnings Data
Report Date
Apr 01, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
8.21Last Year’s EPS
1.56Same Quarter Last Year
Strong Buy
Based on 28 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Micron Technology, Inc.'s earnings call highlighted significant revenue growth and technological advancements, particularly in the AI and HBM markets. However, the company faces considerable supply constraints, unable to meet full customer demand and necessitating increased CapEx. Despite these challenges, the overall business performance remains strong, with expectations for continued growth.Company Guidance
Record-Breaking Revenue and Growth
Micron Technology, Inc. delivered fiscal Q1 revenue of $13.6 billion, up 21% sequentially and 57% year over year, setting a quarterly record for the third consecutive quarter.
Strong Performance Across Business Units
All business units reported record revenues, with Cloud Memory Business Unit at $5.3 billion, Core Data Center Business Unit at $2.4 billion, Mobile and Client Business Unit at $4.3 billion, and Automotive and Embedded Business Unit at $1.7 billion.
Improved Gross Margins
The consolidated gross margin for fiscal Q1 was 56.8%, up 11 percentage points sequentially, driven by higher pricing, strong cost execution, and favorable mix.
HBM Market Leadership
Micron forecasts an HBM TAM CAGR of approximately 40% through 2028, with the market size projected to reach $100 billion by 2028, two years earlier than previously expected.
Technological Advancements
Micron is ramping its 1-gamma DRAM node and G9 NAND node, which will drive supply growth in 2026. The company is also leading in AI-driven demand with its HBM4 product offering industry-leading performance.
MU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Dec 17, 2025 | $225.43 | $248.45 | +10.21% |
Sep 23, 2025 | $166.24 | $161.54 | -2.83% |
Jun 25, 2025 | $127.00 | $125.75 | -0.98% |
Mar 20, 2025 | $102.66 | $94.41 | -8.04% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Micron (MU) report earnings?
Micron (MU) is schdueled to report earning on Apr 01, 2026, After Close (Confirmed).
What is Micron (MU) earnings time?
Micron (MU) earnings time is at Apr 01, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MU EPS forecast?
MU EPS forecast for the fiscal quarter 2026 (Q2) is 8.21.
