MU Q3 2026 Earnings — Income Statement Breakdown
For its Q3 2026 period (ending 2026-05-28), MU reported revenue of $41.5B, gross profit of $35.1B (84.6% gross margin), operating income of $33.3B, and net income of $28.2B (68.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
MU was profitable; revenue grew 73.7% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +73.7% | +104.9% | +10.4 pp |
Consensus estimate data is not available for this report.
MU Q3 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $41.5B | 100% |
| Cost of Revenue | −$6.4B | 15.4% |
| Gross Profit | $35.1B | 84.6% |
| Research & Development | −$1.3B | 3.2% |
| Selling, General & Administrative | −$407M | 1.0% |
| Other Operating Expenses | −$15M | 0.0% |
| Operating Income | $33.3B | 80.4% |
| Other Income, net | −$106M | 0.3% |
| Income Tax Expense | $5.0B | 12.0% |
| Net Income | $28.2B | 68.1% |
Source: MU filings on SEC EDGAR (period ended 2026-05-28). Data normalized by EarningsFyi.