{"slug": "micron-reports-41-5b-in-quarterly-revenue-crushing-wall-street-estimates-by-6b", "title": "Micron reports $41.5B in quarterly revenue, crushing Wall Street estimates by nearly $6B", "summary": "Micron Technology reported fiscal Q3 2026 revenue of $41.46 billion, crushing Wall Street estimates by nearly $6 billion, driven by AI-fueled demand for memory chips. Adjusted EPS of $25.11 also beat expectations, and shares surged 10-16% after hours. The company guided Q4 revenue to approximately $50 billion, well above analyst forecasts.", "body_md": "# Micron reports $41.5B in quarterly revenue, crushing Wall Street estimates by nearly $6B\n\nThe memory chipmaker's AI-fueled earnings beat sent shares surging double digits after hours, with guidance pointing to even bigger numbers ahead.\n\nMicron Technology just posted a quarter that made Wall Street’s estimates look quaint. The memory chipmaker reported fiscal Q3 2026 revenue of $41.46 billion, blowing past consensus expectations of roughly $35.5 billion to $35.8 billion by nearly $6 billion.\n\nTo put the growth in perspective: Micron pulled in $9.3 billion in the same quarter a year ago. That’s a roughly 345% year-over-year increase.\n\nAdjusted earnings per share came in at $25.11, comfortably ahead of analyst predictions in the $20 to $21 range. Shares responded accordingly, jumping 10% to 16% in after-hours trading.\n\n## The AI memory machine keeps accelerating\n\nDRAM revenue alone hit $31.3 billion for the quarter, accounting for roughly 75% of total sales.\n\nGross margins held at approximately 81%.\n\nThe company also noted acceleration in its HBM4 ramp, the latest generation of high-bandwidth memory critical for training and running large AI models.\n\n## Guidance that made the beat look like a warmup\n\nMicron’s guidance for fiscal Q4 2026 projects revenue of approximately $50 billion. Wall Street had been expecting something in the $43 billion to $44 billion range.\n\nThat sequential jump from $41.5 billion to $50 billion would represent roughly 20% growth quarter over quarter.\n\nThe previous quarter, fiscal Q2 2026, had come in at $23.86 billion, itself a 196% year-over-year increase.\n\n**Disclosure:** This article was edited by Editorial Team. For more information on how we create and review content, see our\n\n[Editorial Policy](https://cryptobriefing.com/editorial-policy/).", "url": "https://wpnews.pro/news/micron-reports-41-5b-in-quarterly-revenue-crushing-wall-street-estimates-by-6b", "canonical_source": "https://cryptobriefing.com/micron-q2-2026-revenue-beats-expectations/", "published_at": "2026-06-24 21:01:50+00:00", "updated_at": "2026-06-24 21:24:25.593230+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-chips", "ai-infrastructure", "ai-products", "ai-research"], "entities": ["Micron Technology", "HBM4", "DRAM"], "alternates": {"html": "https://wpnews.pro/news/micron-reports-41-5b-in-quarterly-revenue-crushing-wall-street-estimates-by-6b", "markdown": "https://wpnews.pro/news/micron-reports-41-5b-in-quarterly-revenue-crushing-wall-street-estimates-by-6b.md", "text": "https://wpnews.pro/news/micron-reports-41-5b-in-quarterly-revenue-crushing-wall-street-estimates-by-6b.txt", "jsonld": "https://wpnews.pro/news/micron-reports-41-5b-in-quarterly-revenue-crushing-wall-street-estimates-by-6b.jsonld"}}