Back to News
Mar 18, 2026 4:30 PM

Micron Blows Past Q2 Estimates, Expects 'Significant Records Again' In Q3

Micron Technology Inc (NASDAQ:MU) reported financial results for the second quarter of fiscal 2026 after the market close on Wednesday. Here’s a look at the key details from the print.

Micron Technology shares are testing new highs. Why is MU stock breaking out?

Micron Reports Blowout Q2 Results

Micron posted second-quarter revenue of $23.86 billion, well above analyst estimates of $19.94 billion, according to Benzinga Pro.

The semiconductor company reported adjusted earnings of $12.20 per share for the quarter, easily exceeding analyst estimates of $9.21 per share.

Total revenue was up approximately 196% on a year-over-year basis. Operating cash flow came in at $11.90 billion versus $8.41 billion in the prior quarter and $3.94 billion in the comparable quarter last year. The ...