Micron reported fiscal 2026 revenue of $133.19 billion, compared with $37.38 billion in fiscal 2025. The fiscal year ended 3 September 2026.

The fourth quarter

Fourth-quarter revenue was $54.23 billion, against $41.46 billion in the previous quarter and $11.32 billion a year earlier. GAAP net income for the quarter was $37.70 billion, or $32.87 per diluted share.

Cash flow

Operating cash flow for the full year was $89.68 billion, compared with $17.53 billion the year before. Management says it is increasing investment in technology and manufacturing.

What is not settled

Memory prices are historically volatile. Micron's guidance for the first quarter of fiscal 2027 is a company forecast and must be read separately from the reported results.

AW

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