HighGravityDataMicron Technology — Mar 18, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000723125-26-000004
Showing in the filing
Diluted earnings per share (Non-GAAP)
“$19.15 ± $0.40”
Period
Q3 FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 17
CEO commentary on fiscal Q3 outlook for Q3 FY2026
“we expect significant records again in fiscal Q3”
Quarterly dividend declared for FY2026
“$0.15 per share”
Quarterly dividend
“$0.15 per share”
Revenue for Q3 FY2026
“$33.5 billion ± $750 million”
Revenue - Non-GAAP Outlook for Q3 FY2026
“$33.5 billion ± $750 million”
Gross margin for Q3 FY2026
“Approximately 81%”
Gross margin - Non-GAAP Outlook for Q3 FY2026
“Approximately 81%”
Operating expenses - GAAP Outlook for Q3 FY2026
“Approximately $1.60 billion”
Operating expenses (GAAP) for Q3 FY2026
“Approximately $1.60 billion”
Operating expenses - Non-GAAP Outlook for Q3 FY2026
“Approximately $1.40 billion”
Operating expenses (Non-GAAP) for Q3 FY2026
“Approximately $1.40 billion”
Diluted earnings per share - GAAP Outlook for Q3 FY2026
“$18.90 ± $0.40”
Diluted earnings per share (GAAP) for Q3 FY2026
“$18.90 ± $0.40”
Diluted earnings per share - Non-GAAP Outlook for Q3 FY2026
“$19.15 ± $0.40”
Diluted earnings per share (Non-GAAP) for Q3 FY2026
“$19.15 ± $0.40”
GAAP diluted shares outstanding (outlook) for Q3 FY2026
“approximately 1.14 billion diluted shares”
Non-GAAP diluted shares outstanding (outlook) for Q3 FY2026
“approximately 1.15 billion diluted shares”
Exhibit 99.1 · the passage around this item
… earlier in the release
1 Quarterly Business Unit Financial Results FQ2-26 FQ1-26 FQ2-25 Cloud Memory Business Unit Revenue $ 7,749 $ 5,284 $ 2,947 Gross margin 74 % 66 % 55 % Operating margin 66 % 55 % 45 % Core Data Center Business Unit Revenue $ 5,687 $ 2,379 $ 1,830 Gross margin 74 % 51 % 47 % Operating margin 67 % 37 % 33 % Mobile and Client Business Unit Revenue $ 7,711 $ 4,255 $ 2,236 Gross margin 79 % 54 % 15 % Operating margin 76 % 47 % 1 % Automotive and Embedded Business Unit Revenue $ 2,708 $ 1,720 $ 1,034 Gross margin 68 % 45 % 21 % Operating margin 62 % 36 % 6 % Business Outlook The following table presents Micron’s guidance for the third quarter of 2026: FQ3-26 GAAP (1) Outlook Non-GAAP (2) Outlook Revenue $33.5 billion ± $750 million $33.5 billion ± $750 million Gross margin Approximately 81% Approximately 81% Operating expenses Approximately $1.60 billion Approximately $1.40 billion Diluted earnings per share $18.90 ± $0.40 $19.15 ± $0.40 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 Wednesday, March 18, 2026 at 2:30 p.m. Mountain Time to discuss its second quarter financial results and provide forward-looking guidance for its third 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). 2 About Micron Technology, Inc. Micron Technology, Inc. is 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 operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND, and NOR memory and storage products. Ever
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.