HighGravityDataMicron Technology — Sep 23, 2025 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000723125-25-000024
Showing in the filing
Gross margin - GAAP Outlook
“50.5% ± 1.0%”
Period
Q1 FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 10
Sequential revenue growth
“$1.2 billion”
Gross margin
“exceeding 50%”
Quarterly dividend
“$0.115 per share”
Revenue - Non-GAAP Outlook for Q1 FY2026
“$12.50 billion ± $300 million”
Gross margin - GAAP Outlook for Q1 FY2026
“50.5% ± 1.0%”
Gross margin - Non-GAAP Outlook for Q1 FY2026
“51.5% ± 1.0%”
Operating expenses - GAAP Outlook for Q1 FY2026
“$1.49 billion ± $20 million”
Operating expenses - Non-GAAP Outlook for Q1 FY2026
“$1.34 billion ± $20 million”
Diluted earnings per share - GAAP Outlook for Q1 FY2026
“$3.56 ± $0.15”
Diluted earnings per share - Non-GAAP Outlook for Q1 FY2026
“$3.75 ± $0.15”
Exhibit 99.1 · the passage around this item
… earlier in the release
Quarterly Business Unit Financial Results FQ4-25 FQ3-25 FQ4-24 Cloud Memory Business Unit Revenue $ 4,543 $ 3,386 $ 1,449 Gross margin 59 % 58 % 49 % Operating margin 48 % 46 % 33 % Core Data Center Business Unit Revenue $ 1,577 $ 1,530 $ 2,048 Gross margin 41 % 38 % 41 % Operating margin 25 % 20 % 27 % Mobile and Client Business Unit Revenue $ 3,760 $ 3,255 $ 3,019 Gross margin 36 % 24 % 32 % Operating margin 29 % 15 % 20 % Automotive and Embedded Business Unit Revenue $ 1,434 $ 1,127 $ 1,230 Gross margin 31 % 26 % 24 % Operating margin 20 % 11 % 11 % 2 Business Outlook The following table presents Micron’s guidance for the first quarter of 2026: FQ1-26 GAAP (1) Outlook Non-GAAP (2) Outlook Revenue $12.50 billion ± $300 million $12.50 billion ± $300 million Gross margin 50.5% ± 1.0% 51.5% ± 1.0% Operating expenses $1.49 billion ± $20 million $1.34 billion ± $20 million Diluted earnings per share $3.56 ± $0.15 $3.75 ± $0.15 Further information regarding Micron’s business outlook is included in the prepared remarks and slides, which have been posted at investors.micron.com . Investor Webcast Micron will host a conference call on Tuesday, September 23, 2025 at 2:30 p.m. Mountain Time to discuss its fourth quarter financial results and provide forward-looking guidance for its first quarter. A live webcast of the call will be available online at investors.micron.com . A webcast replay will be available for one year after the call. We encourage you to visit our website at micron.com throughout the quarter for the most current information on the company, including information on financial conferences that we may be attending. You can also follow us on LinkedIn, X (@MicronTech) and YouTube (@MicronTechnology). About Micron Technology, Inc. We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all . With a relentless focus on our customers, technology leadership, and manufacturing and operat
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.