Micron posts record $133B annual revenue for fiscal 2026
Micron reported record results for fiscal year 2026, with annual revenue hitting $133.19 billion—up from $37.38 billion the year before. Net income reached $84.97 billion. For the quarter alone, revenue soared to $54.23 billion. CEO Sanjay Mehrotra credits surging demand for AI-focused memory chips and says Micron will ramp up tech and manufacturing investments as a result.
- Quarterly revenue: $54.23 billion, up from last quarter
- Annual operating cash flow grew to $89.68 billion
- Launched industry's first 512 GB DDR5 RDIMM module
- Multiple new AI-focused chip designs began shipping
- Board declared $0.15/share quarterly dividend
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