Filing Flows › Micron Technology (MU) › Q4 FY26 › vs Q4 FY25
Micron Technology (MU) Q4 FY26 vs Q4 FY25 (year over year)
Micron Technology's revenue rose $42.9B (+379%) from $11.3B in Q4 FY25 to $54.2B in Q4 FY26. Gross margin 86.8% against 44.7% (+42.1 pts).
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 draws each line against Q4 FY25, the increases inside each band.
Margins
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Gross margin | 86.8% | 44.7% | +42.1 pts |
| Operating margin | 80.7% | 32.3% | +48.4 pts |
| Net margin | 69.5% | 28.3% | +41.2 pts |
| Free cash flow margin | 60.6% | 0.6% | +60.0 pts |
Every line
| Line | Q4 FY26 | Q4 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $54.2B | $11.3B | $42.9B | +379% |
| Gross profit | $47.0B | $5.1B | $42.0B | +831% |
| Cost of revenue | $7.2B | $6.3B | $921M | +15% |
| Other income, net | $487M | −$23.0M | $510M | — |
| Operating profit | $43.8B | $3.7B | $40.1B | 12× |
| Operating expenses | $3.3B | $1.4B | $1.9B | +135% |
| Pre-tax earnings | $44.2B | $3.6B | $40.6B | 12× |
| Research & development | $1.9B | $1.0B | $866M | +83% |
| SG&A | $859M | $314M | $545M | +174% |
| Other operating costs | $524M | $39.0M | $485M | 13× |
| Net earnings | $37.7B | $3.2B | $34.5B | 12× |
| Income tax | $6.6B | $429M | $6.2B | 15× |
| Depreciation & amortization | $2.6B | $2.1B | $492M | +23% |
| Share-based compensation | $379M | $250M | $129M | +52% |
| Working capital & other | $3.3B | $130M | $3.1B | 25× |
| Operating cash flow | $44.0B | $5.7B | $38.2B | +667% |
| Free cash flow (OCF − capex) | $32.9B | $72.0M | $32.8B | 456× |
| Capital expenditures | $11.1B | $5.7B | $5.5B | +96% |
Questions
How much did Micron Technology's revenue grow year over year in Q4 FY26?
Micron Technology's revenue rose $42.9B (+379%) from $11.3B in Q4 FY25 to $54.2B in Q4 FY26. Gross margin 86.8% against 44.7% (+42.1 pts).