
Micron Technology (MU) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Micron Technology (MU) last issued guidance on June 24, 2026 for Q4 2026. The company guided earnings per share in the range of $30 - $32, compared to a consensus EPS estimate of $24.3. Micron Technology also guided revenue in the range of $49B - $51B for the period.
Compared to prior guidance, Micron Technology raised its revenue forecast from a prior range of $32.75B - $34.25B.
Micron Technology has issued 18 guidance updates between September 29, 2022 and June 24, 2026. During this period, the company raised its outlook 14 times and lowered it 3 times, providing investors with insight into management's evolving expectations.
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $20.20 | $8.60 | $3.82 | $2.79 |
| Actual | $25.11 | $12.20 | $4.78 | $3.03 |
| Surprise | +24.3% | +41.9% | +25.1% | +8.60% |
| Revenue | ||||
| Estimate | $35.01B | $19.18B | $12.81B | $11.16B |
| Actual | $41.46B | $23.86B | $13.64B | $11.31B |
| Surprise | +18.4% | +24.4% | +6.49% | +1.35% |
| Metric | Q4 '26E | Q1 '27E | Q2 '27E | Q3 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $31.26 | $34.75 | $37.65 | $40.89 |
| Revenue | ||||
| Consensus | $50.78B | $56.27B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q3 | Jun 24, 2026 | $25.11 | $20.20 | 24.3 % |
| Q2 | Mar 18, 2026 | $12.20 | $8.60 | 41.9 % |
| Q1 | Dec 17, 2025 | $4.78 | $3.82 | 25.1 % |
| Q4 | Sep 23, 2025 | $3.03 | $2.79 | 8.60 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q3 | Jun 24, 2026 | $41.46B | $35.01B | 18.4 % |
| Q2 | Mar 18, 2026 | $23.86B | $19.18B | 24.4 % |
| Q1 | Dec 17, 2025 | $13.64B | $12.81B | 6.49 % |
| Q4 | Sep 23, 2025 | $11.32B | $11.16B | 1.35 % |