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Micron Technology (MU) gross margin by quarter

Micron Technology's gross margin was 86.8% in Q4 FY26 (fourth quarter fiscal 2026), +2.2 pts from Q3 FY26. Over the last 7 quarters it ranged from 36.8% (Q2 FY25) to 86.8% (Q4 FY26).

Micron Technology gross margin by quarterMicron Technology gross margin by quarter36.8%Q2 FY2537.7%Q3 FY2544.7%Q4 FY2556.0%Q1 FY2674.4%Q2 FY2684.6%Q3 FY2686.8%Q4 FY26
QuarterGross marginQ/QY/Y
Q4 FY2686.8%+2.2 pts+42.1 pts
Q3 FY2684.6%+10.1 pts+46.8 pts
Q2 FY2674.4%+18.4 pts+37.6 pts
Q1 FY2656.0%+11.4 pts—
Q4 FY2544.7%+6.9 pts—
Q3 FY2537.7%+0.9 pts—
Q2 FY2536.8%——

Q4 FY26 at a glance

Micron Technology, Q4 FY26: revenue $54.2B (+379% year over year), operating margin 80.7%, net earnings $37.7B, operating cash flow $44.0B. The chart follows the revenue to costs, profit and cash.

Questions

What is Micron Technology's gross margin?

Micron Technology's gross margin was 86.8% in Q4 FY26 (fourth quarter fiscal 2026), +2.2 pts from Q3 FY26.

How has Micron Technology's gross margin changed?

Over the last 7 quarters it ranged from 36.8% (Q2 FY25) to 86.8% (Q4 FY26).

Q4 FY26 results → · How Micron Technology makes money →