Anindita Nayak
Bhubaneswar, 24 Dec 2025
Micron Technology, Inc. (NASDAQ: MU) kicked off its fiscal year 2026 with a powerful earnings report, shattering analyst expectations and delivering record-breaking financial performance driven by accelerating Artificial Intelligence (AI) demand and a tight global memory supply environment.
The company’s results, released on December 17, 2025, highlighted significant margin expansion and robust growth across all business units, signaling the beginning of a major upswing in the memory market cycle.
Here is a snapshot of its performance across multiple parameters:
| Particulars | Q1 FY26 | Rise/Fall YoY |
| Revenue | $13.64 billion | 57% ↑ |
| Gross Margin | $7.65 billion | 129% ↑ (In USD term) |
| Net Income | $5.24 billion | 180% ↑ |
| Diluted EPS | $4.60 | 175% ↑ |
| Free Cash Flow | $3,906 million | 3,387.5% ↑ |
Performance by Technology:
| Metric | Q1 FY26 | Rise/Fall YoY |
| DRAM | $10.8 billion | 69% ↑ |
| NAND | $2.7 billion | 22% ↑ |
Quarterly business unit financial results:
| Metric | Q1 FY26 | Rise/Fall YoY |
| Cloud Memory (CMBU) Revenue | $5,284 million | 99.5% ↑ |
| Core Data (CDBU) Revenue | $2,379 million | 3.8% ↑ |
| Mobile and Client (MCBU) Revenue | $4,255 million | 63.1% ↑ |
| Automotive and Embedded (AEBU) Revenue | $1,720 million | 48.5% ↑ |
Source: Regulatory Filings
Disclaimer: This information is for educational purposes only.
