Micron reports record Q3 revenue of $41.5B, up 346% YoY on AI memory demand

Filed June 24, 2026 · Period ending June 24, 2026 · ~1 min read

Key Changes

• high

  Q3 FY2026 revenue hit $41.46B (up 74% QoQ, 346% YoY) with GAAP net income of $28.24B ($24.67/share) and operating cash flow of $25.39B, driven by AI memory demand.

  Exhibit 99.1 verify on EDGAR →
• high

  Company executed multi-year Strategic Customer Agreements expected to enhance durability and predictability of financial performance amid record investment levels.

  Exhibit 99.1 verify on EDGAR →
• high

  Q4 FY2026 guidance calls for revenue of $50.0B (±$1.0B), gross margin of ~86%, and non-GAAP EPS of $31.00 (±$1.00), indicating continued momentum.

  Exhibit 99.1 verify on EDGAR →