Micron Technology just posted the kind of quarter that makes analysts look conservative. The company reported fiscal Q3 2026 revenue of $41.46 billion on June 24, a figure that didn’t just beat the consensus estimate of roughly $35 billion. It obliterated it by more than $6 billion.
To put the growth in perspective: Micron pulled in $9.3 billion during the same quarter last year. That means revenue grew more than fourfold in twelve months.
The numbers behind the blowout
DRAM, the workhorse memory used in everything from servers to smartphones, accounted for $31.3 billion of the quarter’s revenue. NAND flash memory contributed another $9.9 billion.
Adjusted earnings per share came in at $25.11. Wall Street had penciled in around $20.39.
