Micron crushes on sales and earnings, provides stellar guidance for current quarter

Micron is moving higher in postmarket trading after reporting blowout fiscal Q4 2025 results.

For the three months ended August 28, the memory chip specialist reported:

• Revenues: $11.32 billion (estimate $11.15 billion)

• Adjusted diluted earnings per share: $3.03 (estimate $2.84)

• Adjusted gross margin: 45.7% (estimate 44.3%)

Guidance for its fiscal Q1 2026 is similarly stellar, as management expects:

• Revenues: $12.5 billion, plus or minus $300 million (estimate $11.9 billion)

• Adjusted diluted EPS: $3.75, plus or minus $0.15 (estimate $3.05)

• Adjusted gross margin: 51.5%, plus or minus 1 percentage point (estimate 45.7%)

The midpoint of Micron’s adjusted diluted EPS and margin outlooks are above the highest estimates among analysts polled by Bloomberg.

“As the only US-based memory manufacturer, Micron is uniquely positioned to capitalize on the AI opportunity ahead,” CEO Sanjay Mehrotra said.

Micron is the best-performing member of the VanEck Semiconductor ETF year to date, as the stock has nearly doubled in 2025 heading into this report. Shares have been on a tear in September, rising for a record 12 consecutive sessions before that winning streak ended on Friday.

Micron has fallen the session after releasing its last three quarterly reports.