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Micron Technology Q3 FY2026 · Story

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MUQ3 FY20261/5

Estimate vs Actual

Earnings per Share

$25.11

+ 17.3% vs Estimate

Surprise as recorded in the analysis; the estimate itself is not on the calendar.

MUQ3 FY20262/5

Guidance

Revenue

Company Guidance
49 – 51 billion
Market Estimate
43.4 billion

Midpoint 15.2% Above Estimate ▲

Earnings Per Share (Non-GAAP)

Company Guidance
30 – 32 $
Market Estimate
25.5 $

22% Above Expectation ▲

Gross Margin

Company Guidance
86%

+1.4 pts Expansion ▲

MUQ3 FY20264/5

In 30 Seconds

Revenue rose 346% year over year to $41.46B; adjusted EPS of $25.11 beat the estimate by 17%.

  • The real surprise was guidance: the $50B revenue target topped the $43.4B market expectation by 15%.
  • Shares rose 15.7% the day after earnings as guidance cleared expectations by a wide margin.

First point of the analysis's “In 30 Seconds”.

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