Micron Technology (MU) Q3 FY26 earnings call

Earnings call· May 2026 (Q3 FY26)· Information Technology· Jun 24, 2026

Source: earnings call transcript

Micron delivered exceptional Q3 FY26 results, achieving record revenue, gross margin, and EPS, significantly exceeding guidance, primarily driven by robust AI demand across all segments. The company announced 16 Strategic Customer Agreements (SCAs) with binding take-or-pay commitments, representing a significant portion of future volume and expected to fundamentally transform its business model by enhancing financial performance durability and predictability. Despite structural supply constraints and rising bit costs, Micron is expanding its global manufacturing footprint and advancing technol

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MU operating KPIs by quarter

MU operating KPIs stated on its earnings calls, by fiscal quarter
KPI	This call 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.