Micron (MU) Q3 FY25 earnings call

Earnings call· May 2025 (Q3 FY25)· Information Technology· Jun 25, 2025

Source: earnings call transcript

Micron delivered record Q3 FY25 revenue, gross margin, and EPS, driven by robust data center demand and a strong HBM ramp-up. The company is strategically reorganizing for AI growth, making disciplined investments in manufacturing, and progressing on advanced technology nodes like 1-gamma DRAM and G9 NAND. Management anticipates continued constructive demand and improved profitability, focusing on high-value products amidst tight inventories.

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MU operating KPIs by quarter

MU operating KPIs stated on its earnings calls, by fiscal quarter
KPI	May 2026 Q3 FY26	Aug 2026 Q4 FY26	Change vs prior quarter
Remaining performance obligation (RPO)	$5B+ RPO at the end of fiscal Q3 was over $5 billion. Source: earnings call transcript	~$150B To date, we have signed 26 SCAs in total, and our remaining performance obligations, or RPO, is approximately $150 billion. Source: earnings call transcript	—

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.