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Did Micron Technology Beat Earnings?
Micron Technology (MU) reported Q1 '26 revenue of $23.9B, up 196.3% year-over-year, with reported EPS of $12.20. That topped the $9.31 analyst estimate by 31.0% — an earnings beat.
AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — Micron Technology’s job postings, web traffic, and employee business outlook. See the full MU stock analysis or the earnings calendar for upcoming reports.
MU Earnings Surprise History (EPS vs. Estimate)
| Quarter | Estimated EPS | Reported EPS | Surprise |
|---|---|---|---|
| Q1 '26 | $9.31 | $12.20 | Beat +31.0% |
| Q4 '25 | $3.94 | $4.78 | Beat +21.3% |
| Q3 '25 | $2.69 | $2.83 | Beat +5.2% |
| Q2 '25 | $1.45 | $1.68 | Beat +15.9% |
| Q1 '25 | $1.28 | $1.56 | Beat +21.9% |
| Q4 '24 | $1.77 | $1.79 | Beat +1.1% |
Micron Technology Quarterly Financial Trends
| Metric | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.75B | 8.71B | 8.05B | 9.3B | 11.3B | 13.6B | 23.9B | — |
| Gross margin | 35.3% | 38.4% | 36.8% | 37.7% | 44.7% | 56.1% | 74.4% | — |
| Operating margin | 19.6% | 25.0% | 22.0% | 23.3% | 33.2% | 45.0% | 67.6% | — |
| Net income | 887M | 1.87B | 1.58B | 1.89B | 3.2B | 5.24B | 13.8B | — |
| Net margin | 11.4% | 21.5% | 19.7% | 20.3% | 28.3% | 38.4% | 57.8% | — |
| EPS | $1.18 | $1.79 | $1.56 | $1.68 | $2.83 | $4.78 | $12.20 | — |
Micron Technology Earnings Trend Analysis
Over the eight quarters from Q3 '24 to Q2 '26, Micron Technology’s quarterly revenue moved from $7.75B to $0. Micron Technology has beaten Wall Street EPS estimates in 8 of its last 8 reported quarters.
When Is Micron Technology’s Next Earnings Date?
Micron Technology reports earnings on a quarterly schedule. Its most recent report covered Q1 '26. For the confirmed upcoming date — and every other company reporting soon — see the MU earnings calendar.
Frequently Asked Questions: Micron Technology Earnings
Micron Technology's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.
Micron Technology reported Q1 '26 EPS of $12.20 on revenue of $23.9B (+196.3% YoY). Micron Technology beat estimates, reporting $12.20 vs. the $9.31 estimate.
Micron Technology reported Q1 '26 revenue of $23.9B, up 196.3% from the same quarter a year earlier.
Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the MU AI Score.
