Earnings recap · MU
Micron Q4 fiscal 2026 results
What Micron reported for Jun to Aug 2026, compared with the same quarter a year earlier, from the press release it filed with the SEC.
10-K filed Micron filed its annual report for the fiscal year on Oct 9, 2026. Read the 10-K on SEC EDGAR. The figures below are from the earlier press release; the 10-K has the full statements and notes.
The headline numbers
Micron reported revenue of $54.2B for Q4 fiscal 2026, compared with $11.3B a year earlier (+379.3%). Net income was $37.7B, compared with $3.2B (+1077.8%), and diluted earnings per share were $32.87, compared with $2.83. These are GAAP figures, prepared under the standard accounting rules. How EPS is calculated.
Comparing Q4 fiscal 2026 (Jun to Aug 2026) with Q4 fiscal 2025 (Jun to Aug 2025)
Each pair of bars shows both periods. Longer bar, more money. Bars in a group share one scale.
Q4 fiscal 2026Q4 fiscal 2025
Revenue and profit (GAAP)
Per share (GAAP)
Cash flow, the full year (GAAP)
| Line | Q4 fiscal 2026 | Q4 fiscal 2025 | Change |
|---|---|---|---|
| Revenue | $54,229M | $11,315M | +379.3% |
| Operating income | $43,751M | $3,654M | +1097.3% |
| Net income | $37,701M | $3,201M | +1077.8% |
| Diluted EPS | $32.87 | $2.83 | +1061.5% |
Change is worked out by Ticker Sage from the two figures shown. Operating margin, operating income as a share of revenue, was 80.7% compared with 32.3%. What profit margins measure.
Cash flow
| Line | Sep 2025 to Aug 2026 | Sep 2024 to Aug 2025 | Change |
|---|---|---|---|
| Cash from operations, full year | $89,675M | $17,525M | +411.7% |
The release reports cash flow for the full year of the fiscal year, so these columns cover that longer period, not the quarter alone. How free cash flow works.
Micron's own adjusted measures (non-GAAP)
Read this first
These are measures Micron defines itself. They aren't prepared under GAAP, other companies may define similar names differently, and the release reconciles each one to the nearest GAAP figure. Why companies exclude one-time items.
| Measure | Q4 fiscal 2026 | Q4 fiscal 2025 | Change |
|---|---|---|---|
| Adjusted EPS (company measure) | $33.42 | $3.03 | +1003.0% |
| Diluted EPS (GAAP) | $32.87 | $2.83 | +1061.5% |
What management said
"Micron delivered record fiscal 2026 results, and we expect an even stronger fiscal 2027"
What to look for in the 10-K
The press release has the headline tables. The 10-K adds the full statements, the notes and management's discussion, including:
- Segment detail. Revenue and profit by business, and the reasons the company gives for changes.
- Items the adjusted measures leave out. Where those charges sit in the GAAP statements.
- Debt and risk factors. Any changes to borrowings and the risk factors section since the last annual report.
How an 8-K, a 10-Q and a 10-K differ. When the 10-K is filed, the box at the top of this page links to it.
Sources
- Exhibit 99.1: press release and financial tables, filed Sep 30, 2026
- Form 8-K filing index on SEC EDGAR
- Micron Form 10-K for fiscal 2026
Common questions
When did Micron report Q4 fiscal 2026 results?
Micron filed its Q4 fiscal 2026 press release with the SEC on Sep 30, 2026, as Exhibit 99.1 to a Form 8-K under Item 2.02 (Results of Operations and Financial Condition).
What were Micron's revenue and EPS for Q4 fiscal 2026?
Revenue was $54.2B, compared with $11.3B in Q4 fiscal 2025. Diluted EPS was $32.87, compared with $2.83.
What is the difference between EPS and adjusted EPS?
EPS is the GAAP figure: net income attributable to the company divided by the diluted share count. Adjusted EPS is Micron's own measure that leaves out items it chooses to exclude. For Q4 fiscal 2026 EPS was $32.87 and Adjusted EPS was $33.42.
Has Micron filed its 10-K for Q4 fiscal 2026?
Yes. Micron filed the 10-K on Oct 9, 2026.
Micron company file → · Micron filings news · Learn
Disclosures
- Editor holdings in MU
- The editor holds no position in Micron (MU). As of Oct 25, 2026.
- Compensation
- Nobody paid for this page. No affiliate links.
- Sources
- Micron's own SEC filings, linked next to each number.
- Last updated
- Oct 26, 2026
A summary of a public filing for general education, the same for every reader. Not a recommendation to buy, sell or hold MU. It reports what the company said and doesn't compare the results with forecasts by anyone else.