HighGravityDataMicron Technology — Sep 30, 2026 release
Fiscal 2026 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000723125-26-000018
Showing in the filing
Diluted earnings per share (Non-GAAP Outlook)
“$38.15 ± $1.00”
Period
Q1 FY2027
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 9
Quarterly dividend for FY2026
“$0.15 per share, payable in cash on October 29, 2026”
Quarterly dividend for Q1 FY2026
“$0.15 per share”
Revenue (Non-GAAP Outlook) for Q1 FY2027
“$61.5 billion ± $1.5 billion”
Gross margin (GAAP Outlook) for Q1 FY2027
“Approximately 85.95%”
Gross margin (Non-GAAP Outlook) for Q1 FY2027
“Approximately 86.25%”
Operating expenses (GAAP Outlook) for Q1 FY2027
“Approximately $2.31 billion”
Operating expenses (Non-GAAP Outlook) for Q1 FY2027
“Approximately $2.06 billion”
Diluted earnings per share (GAAP Outlook) for Q1 FY2027
“$37.84 ± $1.00”
Diluted earnings per share (Non-GAAP Outlook) for Q1 FY2027
“$38.15 ± $1.00”
Exhibit 99.1 · the passage around this item
… earlier in the release
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 at investors.micron.com . Product Highlights • We began sampling the industry's first 512GB ultra dense high-capacity DDR5 RDIMM modules capable of speeds up to 9,200 MT/s. • We have completed multiple customer qualifications of our 1-gamma based, 8,800 MT/s high-speed server RDIMM modules. • Our industry leading server LPDDR SOCAMM portfolio revenue more than doubled sequentially in the fourth quarter of 2026. • Our 7600 PCIe Gen 5 and 9650 PCIe Gen 6 SSD high-performance products are now shipping to market-leading customers for KV-cache applications. • Our 6600 ION SSD achieved a strong volume ramp in the fourth quarter of 2026. • We are now shipping 6-channel 1-gamma LPDDR5X for flagship mobile devices. • We have secured design wins with every Tier 1 OEM customer for AI workstation product. • Our 4600 SSD secured additional qualifications with leading PC OEMs. • We began sampling 1-gamma based LPDDR6 products to multiple physical AI markets. Investor Webcast Micron will host a conference call on Wednesday, September 30, 2026 at 2:30 p.m. Mountain Time t
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.