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Micron (MU) Reports Q2 Earnings: What Key Metrics Have to Say
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For the quarter ended February 2026, Micron (MU - Free Report) reported revenue of $23.86 billion, up 196.3% over the same period last year. EPS came in at $12.20, compared to $1.56 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $19.61 billion, representing a surprise of +21.67%. The company delivered an EPS surprise of +38.57%, with the consensus EPS estimate being $8.80.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Micron performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue by Technology- DRAM: $18.77 billion compared to the $15.25 billion average estimate based on five analysts. The reported number represents a change of +206.5% year over year.
Revenue by Technology- Other (primarily NOR): $95 million versus $83.8 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +26.7% change.
Revenue by Technology- NAND: $5 billion versus $3.81 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +169.4% change.
Shares of Micron have returned +15.5% over the past month versus the Zacks S&P 500 composite's -1.8% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
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Micron (MU) Reports Q2 Earnings: What Key Metrics Have to Say
For the quarter ended February 2026, Micron (MU - Free Report) reported revenue of $23.86 billion, up 196.3% over the same period last year. EPS came in at $12.20, compared to $1.56 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $19.61 billion, representing a surprise of +21.67%. The company delivered an EPS surprise of +38.57%, with the consensus EPS estimate being $8.80.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Micron performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Micron here>>>
Shares of Micron have returned +15.5% over the past month versus the Zacks S&P 500 composite's -1.8% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.