连续季度财报归档
Micron Technology（MU）财报发布与电话会分析
按季度追踪营收、营业利润、现金流、业绩指引与投资逻辑的持续性。财报事实、电话会可用性与逐字稿状态分开呈现，缺失证据不会被当作已验证分析。
6个追踪季度
6项主要来源
Q3 FY2026最新期间
01
最新季度
最新的已验证财报与电话会状态Q3 FY2026 · 发布于 2026-06-25
Micron Technology (MU) Q3 FY2026 财报
财报已发布 电话会待发布 逐字稿待发布
业绩原文$41.456BMicron 披露：FY2026 Q3 revenue 为 $41.456B，GAAP gross margin 为 84.6%，GAAP diluted EPS 为 $24.67。
业务单元$13.769BCloud Memory revenue 为 $13.769B，Core Data Center revenue 为 $11.524B；两个数据中心相关业务合计超过 $25B。
现金流$7.1B公司披露 capex net 为 $7.1B，adjusted free cash flow 为 $18.3B，期末 cash、marketable investments 和 restricted cash 为 $30.2B。
Q4 指引$50.0BBusiness outlook 给出 FQ4 revenue $50.0B ± $1.0B，gross margin approximately 86%，non-GAAP diluted EPS $31.00 ± $1.00。
02
历史财报
每个财务季度只保留一张归档卡片Q2 FY2026 · 发布于 2026-03-18
Micron Technology (MU) Q2 FY2026 财报: AI 内存需求、HBM、毛利率与现金流是主线
财报已发布 电话会待发布 逐字稿待发布
收入$23.86BRevenue was $23.86B versus $13.64B in the prior quarter and $8.05B a year earlier.
EPS$12.07GAAP diluted EPS was $12.07 and non-GAAP diluted EPS was $12.20.
毛利率74.4%GAAP gross margin was 74.4% and non-GAAP gross margin was 74.9%.
现金流$11.90BOperating cash flow was $11.90B and adjusted free cash flow was $7.2B.
Q1 FY2026 · 发布于 2025-12-17
Micron Technology (MU) Q1 FY2026 财报: AI 内存需求、HBM、毛利率与现金流是主线
财报已发布 电话会待发布 逐字稿待发布
收入$13.64BRevenue was $13.64B versus $11.32B in the prior quarter and $8.71B a year earlier.
EPS$4.60GAAP diluted EPS was $4.60 and non-GAAP diluted EPS was $4.78.
毛利率56.0%GAAP gross margin was 56.0% and non-GAAP gross margin was 56.8%.
现金流$8.41BOperating cash flow was $8.41B and adjusted free cash flow was $3.9B.
Q4 FY2025 · 发布于 2025-09-23
Micron Technology (MU) Q4 FY2025 财报: AI 内存需求、HBM、毛利率与现金流是主线
财报已发布 电话会待发布 逐字稿待发布
收入$11.32BMicron reported fiscal Q4 2025 revenue of $11.32B.
EPS$2.83GAAP diluted EPS was $2.83 and non-GAAP diluted EPS was $3.03.
毛利率44.7%GAAP gross margin was 44.7% and non-GAAP gross margin was 45.7%.
指引50%Management forecasted sequential revenue growth with gross margins exceeding 50%.
Q3 FY2025 · 发布于 2025-06-25
Micron Technology (MU) Q3 FY2025 财报: AI 内存需求、HBM、毛利率与现金流是主线
财报已发布 电话会待发布 逐字稿待发布
收入$9.30BRevenue was $9.30B versus $8.05B in the prior quarter and $6.81B a year earlier.
EPS$1.68GAAP diluted EPS was $1.68 and non-GAAP diluted EPS was $1.91.
现金流$4.61BOperating cash flow was $4.61B versus $3.94B in the prior quarter.
Read-throughN/AManagement tied the quarter to AI data-center demand and stronger memory fundamentals.
Q2 FY2025 · 发布于 2025-03-20
Micron Technology (MU) Q2 FY2025 财报: AI 内存需求、HBM、毛利率与现金流是主线
财报已发布 电话会待发布 逐字稿待发布
收入$8.05BMicron reported fiscal Q2 2025 revenue of $8.05B.
AI memory$1BHBM revenue crossed the $1B milestone in fiscal Q2.
Profitability$1.56,Non-GAAP diluted EPS was $1.56, with non-GAAP gross margin near 37.9%.
指引N/AThe company framed the next quarter around stronger AI demand and tight supply.
03
季度趋势
仅比较口径可比且已披露的指标| 指标 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 |
|---|---|---|---|---|
| 收入 | $9.30B | $11.32B | $13.64B | $23.86B |
| EPS | $1.68 | $2.83 | $4.60 | $12.07 |
05
来源与方法
本归档的证据边界主要来源优先
已披露数据链接至公司财报、投资者关系材料或官方网络直播；第三方逐字稿会单独标注。
不补写逐字稿
若未存有已验证逐字稿或问答，归档只标注“仅官方直播”或“待发布”，不会重构管理层原话。
可比趋势规则
同一项已披露指标至少覆盖两个季度时，才会进入趋势表。