Micron reports record fiscal 2026 results. Micron Technology stock gains 1.52 percent

Published on 10/02/2026 at 13:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal Q4 revenue reached USD 54.23 billion versus USD 41.46 billion. Micron Technology stock costs EUR 984.60 on October 2, 2026 versus EUR 969.85.

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Micron Technology (ISIN US5951121038) reported record fiscal 2026 results on September 30, 2026, while its stock was trading at EUR 984.60 at Lang & Schwarz on October 2, 2026, plus 1.52 percent versus the EUR 969.85 prior close. The results reset the scale of the memory cycle, with fiscal fourth-quarter revenue reaching USD 54.23 billion.

Revenue sets a new quarterly scale

According to Micron Technology on September 30, 2026, fiscal fourth-quarter revenue rose from USD 41.46 billion in the prior quarter and USD 11.32 billion in the year-earlier quarter. GAAP net income reached USD 37.70 billion, compared with USD 3.20 billion in the year-earlier quarter, while GAAP diluted earnings per share reached USD 32.87.

The operating leverage was equally visible in margins. The company reported a GAAP gross margin of 86.80 percent for fiscal fourth-quarter 2026, versus 84.60 percent in the prior quarter and 44.70 percent in the year-earlier quarter.

Guidance points to another record

CNBC reported on September 30, 2026 that Micron's adjusted fiscal fourth-quarter earnings per share of USD 33.42 exceeded the USD 31.61 consensus, while revenue topped the USD 51.07 billion estimate. The comparison matters because the result combines a large earnings surprise with a much higher starting point for the next quarter.

Micron's release guides fiscal first-quarter 2027 revenue to USD 61.50 billion plus or minus USD 1.50 billion and non-GAAP diluted earnings per share to USD 38.15 plus or minus USD 1.00. MarketBeat reported on October 1, 2026 that TD Cowen reaffirmed a Buy rating and set a USD 1,600.00 price target.

Stock gains 1.52 percent in trading

Micron also ended fiscal 2026 with USD 89.68 billion in operating cash flow and declared a quarterly dividend of USD 0.15 per share on September 30, 2026, according to the company release. The next reporting date listed by Zacks is December 16, 2026.

At Lang & Schwarz, Micron Technology stock was trading at EUR 984.60 on October 2, 2026 at 1:07 p.m. CEST, plus 1.52 percent versus the prior close of EUR 969.85 on October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of Micron Technology stock.