Micron Technology, Inc. (MU)

Micron Technology beat expectations on both the top and bottom line in the fourth fiscal quarter of 2026, reported September 30, 2026, based on preliminary results: EPS of $33.42 topped the $31.72 estimate (+5.4%) while revenue of $54.229 billion topped the $51.334 billion consensus (+5.6%). Revenue rose 379.3% to about $54.2 billion (up from about $11.3 billion a year ago), with the quarter spanning demand across its end markets including Compute and Networking, Mobile, Storage, and Embedded. Profitability scaled with that surge, as operating margin came in at roughly 81% alongside about $43.8 billion of operating income. Net income climbed 1077.8% to roughly $37.7 billion (up from about $3.2 billion a year ago), and EPS rose 1003.0% from $3.03. Cash generation was also elevated, with operating cash flow of about $44.0 billion, and the company returned cash through roughly $298.0 million of share repurchases and about $173.0 million of dividends. For the next period, consensus calls for EPS of $35.10 on revenue of $59.074 billion.