MU Q4 2026 Earnings — Income Statement Breakdown
For its Q4 2026 period (ending 2026-09-03), MU reported revenue of $54.2B, gross profit of $47.0B (86.8% gross margin), operating income of $43.8B, and net income of $37.7B (69.5% net margin). The flow of revenue into costs and profit is visualized below.
What changed
MU was profitable; revenue grew 379.3% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +379.3% | +1077.8% | +41.2 pp |
| Quarter over quarter | +30.8% | +33.5% | +1.4 pp |
Consensus estimate data is not available for this report.
MU Q4 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $54.2B | 100% |
| Cost of Revenue | −$7.2B | 13.2% |
| Gross Profit | $47.0B | 86.8% |
| Research & Development | −$1.9B | 3.5% |
| Selling, General & Administrative | −$859M | 1.6% |
| Other Operating Expenses | −$524M | 1.0% |
| Operating Income | $43.8B | 80.7% |
| Other Income, net | $533M | 1.0% |
| Income Tax Expense | −$6.6B | 12.1% |
| Net Income | $37.7B | 69.5% |
Source: original SEC filing (filed 2026-09-30). Accession 0000723125-26-000018. Data normalized by EarningsFyi.