Micron Technology recently reported record financial results for its fourth quarter and the full fiscal year of 2026, driven by high demand for memory hardware. The Boise, Idaho-based company recorded fourth-quarter revenue of $54.23 billion, compared to $11.32 billion in the same period last year. For the full fiscal year, the company generated $133.19 billion in revenue.
Micron achieved annual GAAP net income of $84.97 billion, with full-year operating cash flow reaching $89.68 billion. The company also finished the fiscal year with an adjusted free cash flow of $62.31 billion.
“Micron delivered record fiscal 2026 results, and we expect an even stronger fiscal 2027,” Sanjay Mehrotra, Micron’s chairman and CEO, said in a statement. “AI is becoming super intelligence, and memory enhances this intelligence and the competitiveness of our customers’ platforms. We are increasing our investments in technology, products and manufacturing to help drive SI forward with our customers, and our strategic customer agreements provide added confidence in the durability of Micron’s financial performance.”
Looking ahead, the business projects fiscal first-quarter 2027 revenue of roughly $61.5 billion, plus or minus $1.5 billion.
