MU Micron (MU) Q1 FY26 earnings call
Micron delivered record Q1 FY26 results, driven by strong execution and tight supply conditions, particularly in HBM. The company has secured its entire calendar 2026 HBM supply and significantly raised its HBM TAM outlook, underscoring memory's critical role in AI. Despite increased CapEx to boost supply, demand continues to outpace availability, leading to strong pricing and profitability.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
MU operating KPIs by 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 | ~$150BTo 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.