Micron Reports FY2026 Q1 Revenue of $13.643 Billion, Up Over 20% QoQ

Admin 2025-12-18 420 views

Micron announced its FY2026 Q1 results yesterday, local time in Boise, Idaho, USA.

In the fiscal quarter ending November 27, 2025, Micron reported revenue of $13.643 billion (approximately ¥96.203 billion RMB at current exchange rates), exceeding analysts’ consensus estimate of $12.85 billion, representing a sequential increase of 20.57% and a year-on-year growth of 56.65%.

On a GAAP basis, Micron achieved a gross margin of 56.0% and an operating margin of 45.0%, both improving by at least 10 percentage points compared to the previous quarter. GAAP diluted EPS reached $4.60, showing significant growth both sequentially and year-on-year.

Looking ahead, Micron expects FY2026 Q2 revenue to reach $18.7 ± 0.4 billion (analysts’ consensus estimate: $14.2 billion), with a GAAP gross margin of 67.0 ± 1.0%.

Micron Reports FY2026 Q1 Revenue of $13.643 Billion, Up Over 20% QoQ

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