Micron Technology — Sep 30, 2026 release

Adjusted free cash flow (2) was $33.20 billion for the fourth quarter of 2026 and $62.31 billion for the full year of 2026. Micron ended the year with cash, marketable investments, and restricted cash of $73.48 billion. On September 30, 2026, Micron’s Board of Directors declared a quarterly dividend of $0.15 per share, payable in cash on October 29, 2026, to shareholders of record as of the close of business on October 14, 2026. Quarterly Business Unit Financial Results FQ4-26 FQ3-26 FQ4-25 Cloud Memory Business Unit Revenue $ 16,283  $ 13,769  $ 4,543  Gross margin 83  % 83  % 59  % Operating margin 76  % 78  % 48  % Core Data Center Business Unit Revenue $ 18,002  $ 11,524  $ 1,577  Gross margin 90  % 87  % 41  % Operating margin 85  % 83  % 25  % Mobile and Client Business Unit Revenue $ 13,114  $ 11,521  $ 3,760  Gross margin 90  % 87  % 36  % Operating margin 88  % 86  % 29  % Automotive and Embedded Business Unit Revenue $ 6,824  $ 4,634  $ 1,434  Gross margin 84  % 79  % 31  % Operating margin 79  % 75  % 20  % 2 Business Outlook The following table presents Micron’s guidance for the first quarter of 2027: FQ1-27 GAAP (1) Outlook Non-GAAP (2) Outlook Revenue $61.5 billion ± $1.5 billion $61.5 billion ± $1.5 billion Gross margin Approximately 85.95% Approximately 86.25% Operating expenses Approximately $2.31 billion Approximately $2.06 billion Diluted earnings per share $37.84 ± $1.00 $38.15 ± $1.00 Further information regarding Micron’s business outlook is included in the prepared remarks and slides, which have been posted