โ
๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Adj. EPS: $33.42 (Est. $31.82) โ
โข Revenue: $54.23B (Est. $51.51B) โ , +379% YoY.
โข Adj. Gross Margin: 87.0%, vs. 45.7% a year ago.
โข Adj. Operating Income: $44.64B, with an 82.3% margin.
โข Operating Cash Flow: $43.97B.
โข Adj. Free Cash Flow: $33.20B.
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข Q1 FY2027 Revenue: $60.0Bโ$63.0B (Est. $57.93B) โ
โข Q1 FY2027 Adj. EPS: $37.15โ$39.15 (Est. $35.92) โ
โข Q1 FY2027 Adj. Gross Margin: ~86.25%.
โข Q1 FY2027 Adj. Operating Expenses: ~$2.06B.
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Q4 revenue beat consensus by ~5.3%, while Adj. EPS topped estimates by ~5.0%.
โข FY2026 revenue reached a record $133.19B (Est. $130.34B), while Adj. EPS reached $75.52 (Est. $73.88).
โข Q1 guidance is well above consensus on both revenue and Adj. EPS, with even the low ends of both ranges exceeding estimates.
โข Core Data Center revenue reached $18.0B, while Cloud Memory revenue hit $16.3B amid surging AI-driven memory demand.
โข FY2026 Adj. free cash flow reached $62.31B, while Micron ended the year with $73.48B in cash, marketable investments and restricted cash.
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โMicron delivered record fiscal 2026 results, and we expect an even stronger fiscal 2027.โ