Micron reports record results as Micron Technology stock falls 1.59 percent

Published on 10/01/2026 at 15:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 133.19 billion in fiscal 2026 versus USD 37.38 billion. Micron Technology stock costs EUR 933.50 on October 1, 2026, versus EUR 948.55.

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Micron Technology (ISIN US5951121038) was trading at EUR 933.50 at Lang & Schwarz on October 1, 2026 at 3:08 p.m. CEST, down EUR 15.05 or minus 1.59 percent versus the prior close of EUR 948.55. According to Micron Technology on September 30, 2026, the memory-chip maker delivered record fiscal 2026 results and expects a stronger fiscal 2027.

Record revenue resets the scale

Fiscal fourth-quarter revenue reached USD 54.23 billion for the period ended September 3, 2026, versus USD 41.46 billion in the prior quarter and USD 11.32 billion a year earlier, according to Micron Technology. GAAP net income was USD 37.70 billion, while diluted earnings per share reached USD 32.87.

For fiscal 2026, revenue climbed from USD 37.38 billion in fiscal 2025 to USD 133.19 billion. GAAP net income rose from USD 8.54 billion to USD 84.97 billion, and operating cash flow increased from USD 17.53 billion to USD 89.68 billion.

Guidance points to another record

Micron guided for fiscal first-quarter 2027 revenue of USD 61.5 billion plus or minus USD 1.5 billion and non-GAAP diluted earnings per share of USD 38.15 plus or minus USD 1.00. Non-GAAP gross margin guidance was 86.25 percent, according to Micron Technology.

The earnings comparison was also positive. Investing.com reported on September 30, 2026 that adjusted earnings per share of USD 33.42 exceeded the USD 31.16 forecast, while revenue of USD 54.23 billion topped the USD 50.45 billion estimate.

Valuation meets heavy investment

Micron ended fiscal 2026 with adjusted free cash flow of USD 62.31 billion and capital expenditures of USD 27.37 billion. Management also declared a quarterly dividend of USD 0.15 per share on September 30, 2026, payable October 29, 2026, with an October 14, 2026 record date.

The market is weighing that earnings strength against the cost of expanding manufacturing capacity. The latest outlook therefore combines a larger revenue base with elevated investment requirements, making execution and cash conversion central issues for the next fiscal year.

Stock trades below its yearly high

Micron Technology had a market capitalization of USD 1.2 trillion and a 52-week range of USD 179.61 to USD 1,255.00 as of September 30, 2026. The EUR 933.50 Lang & Schwarz quote on October 1, 2026 was an intraday price, while the prior close was EUR 948.55.

The further course of trading is shown by the continuously updated real-time quote of Micron Technology stock.