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Micron Technology, Inc. (MU) Q2 FY2026 earnings

Micron Technology, Inc. (MU) reported Q2 FY2026 earnings with EPS of USD 12.20 vs the USD 9.16 consensus, beating consensus by 33.2% and revenue of USD 23.86B; the stock moved -3.8% the next session, per the company's SEC filing.

Data may be out of date

This page was last refreshed on August 7, 2026, 11 days ago, which is beyond the 7-day freshness window for this page. Treat every figure as of that date and check the company's SEC filings for anything newer.

Q2 FY2026 facts

MU Q2 FY2026 earnings facts
Report dateMarch 18, 2026
EPS (GAAP, filed)USD 12.07 · SEC filing
EPS (street basis)Actual USD 12.20 · Estimate USD 9.16 · Surprise +33.2%
Revenue (GAAP, filed)USD 23.86B · SEC filing
Next-session move-3.8%

Figures are in USD; revenue is in billions.

Filed figures link to the company's SEC submissions. Street-basis EPS figures follow the consensus-comparable basis reported by market-data providers. Consensus estimates are third-party aggregate values, not issuer guidance.

Beat/miss history

MU quarterly earnings beat and miss history
PeriodEPSRevenueNext-day move
Q3 FY2026
EPS (GAAP, filed)
USD 24.67 · SEC filing
EPS (street basis)
Actual USD 25.11 · Estimate USD 20.71 · Surprise +21.3%
Revenue (GAAP, filed)
USD 41.46B · SEC filing
+15.7%
Q2 FY2026
EPS (GAAP, filed)
USD 12.07 · SEC filing
EPS (street basis)
Actual USD 12.20 · Estimate USD 9.16 · Surprise +33.2%
Revenue (GAAP, filed)
USD 23.86B · SEC filing
-3.8%
Q1 FY2026
EPS (GAAP, filed)
USD 4.60 · SEC filing
EPS (street basis)
Actual USD 4.78 · Estimate USD 3.96 · Surprise +20.6%
Revenue (GAAP, filed)
USD 13.64B · SEC filing
+10.2%
Q4 FY2025
EPS (street basis)
Actual USD 3.03 · Estimate USD 2.86 · Surprise +5.9%
Revenue (street basis)
Actual USD 11.32B · Estimate
-2.8%
Q3 FY2025
EPS (GAAP, filed)
USD 1.68 · SEC filing
EPS (street basis)
Actual USD 1.91 · Estimate USD 1.59 · Surprise +19.8%
Revenue (GAAP, filed)
USD 9.30B · SEC filing
-1.0%
Q2 FY2025
EPS (GAAP, filed)
USD 1.41 · SEC filing
EPS (street basis)
Actual USD 1.56 · Estimate USD 1.42 · Surprise +9.5%
Revenue (GAAP, filed)
USD 8.05B · SEC filing
Revenue (street basis)
Actual · Estimate
-8.0%
Q1 FY2025
EPS (GAAP, filed)
USD 1.67 · SEC filing
EPS (street basis)
Actual USD 1.79 · Estimate USD 1.77 · Surprise +1.4%
Revenue (GAAP, filed)
USD 8.71B · SEC filing
Revenue (street basis)
Actual · Estimate
-16.2%
Q4 FY2024
EPS (street basis)
Actual USD 1.18 · Estimate USD 1.11 · Surprise +5.9%
Revenue (street basis)
Actual · Estimate
+14.7%
Reaction convention: amc: next trading day close vs report-day close; bmo: report-day close vs prior trading day close; unknown timing treated as amc

Filed figures link to the company's SEC submissions. Street-basis EPS figures follow the consensus-comparable basis reported by market-data providers. Consensus estimates are third-party aggregate values, not issuer guidance.

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Frequently asked questions

Did MU beat earnings in Q2 FY2026?
Yes. EPS was USD 12.20 versus USD 9.16 expected.
How did MU stock react after Q2 FY2026 earnings?
MU moved -3.8% in the next session.
When does MU report next?
MU is scheduled to report Q4 FY2026 after the close on September 23, 2026.