Earnings Per Share (adj.)
$12.07
Revenue
$23.86B
Micron Technology, Inc. is an industry leader providing innovative memory and storage solutions.In the AI era, memory serves as a strategic asset for the company’s customers.For the second quarter of fiscal 2026, Micron reported revenue of $23.86 billion.
The company achieved a GAAP diluted earnings per share (EPS) of $12.07.Non-GAAP diluted EPS was reported at $12.20.Operating cash flow reached $11.90 billion during the second quarter.
Reflecting confidence in the business, Micron’s board approved a 30% increase in the quarterly dividend.
What to Watch: Micron’s fiscal Q3 earnings call in late May will reveal whether the company can sustain 81% gross margins as HBM4 mix increases and whether additional strategic customer agreements materialize. Management’s commentary on fiscal 2027 capex—expected to rise by over $10 billion for construction alone—will signal confidence in multi-year supply tightness extending beyond 2026.
This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.
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