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FOR IMMEDIATE RELEASE Contacts : Satya Kumar Investor Relations satyakumar@micron.com ( 408 ) 450-6199 Mark Plungy Media Relations mplungy@micron.com ( 408 ) 203-2910 Exhibit 99.1 MICRON TECHNOLOGY , INC . REPORTS RECORD FISCAL FOURTH - QUARTER AND FULL - YEAR 2026 RESULTS Al - driven demand and strong operational execution position Micron for a record fiscal 2027 BOISE , Idaho , September 30 , 2026 – Micron Technology , Inc. ( Nasdaq : MU ) today announced results for its fourth quarter and full year of fiscal 2026 , which ended September 3 , 2026 . Fiscal Q4 2026 Highlights • Revenue of $ 54.23 billion versus $ 41.46 billion for the prior quarter and $ 11.32 billion for the same period last year GAAP net income of $ 37.70 billion , or $ 32.87 per diluted share Non - GAAP net income of $ 38.40 billion , or $ 33.42 per diluted share Operating cash flow of $ 43.97 billion versus $ 25.39 billion for the prior quarter and $ 5.73 billion for the same period last year Fiscal 2026 Highlights . Revenue of $ 133.19 billion versus $ 37.38 billion for the prior year GAAP net income of $ 84.97 billion , or $ 74.33 per diluted share Non - GAAP net income of $ 86.76 billion , or $ 75.52 per diluted share Operating cash flow of $ 89.68 billion versus $ 17.53 billion for the prior year " Micron delivered record fiscal 2026 results , and we expect an even stronger fiscal 2027 , " said Sanjay Mehrotra , Chairman and CEO of Micron Technology . " Al is becoming Super Intelligence ( SI ) , and memory enhances this intelligence and the competitiveness of our customers ' platforms . We are increasing our investments in technology , products and manufacturing to help drive Sl forward with our customers , and our Strategic Customer Agreements provide added confidence in the durability of Micron's financial performance . " Quarterly Financial Results ( in millions , except per share amounts ) Revenue Gross margin FQ4-26 GAAP ( 1 ) FQ3-26 FQ4-25 Percent of revenue 47,047 86.8 % Operating expenses 3,296 Operating income 43,751 $ 54,229 $ 41,456 $ 11,315 35,056 5,054 84.6 % 44.7 % 1,738 1,400 33,318 3,654 FQ4-26 $ 54,229 47,204 87.0 % Non - GAAP ( 2 ) FQ3-26 FQ4-25 $ 41,456 $ 11,315 35,199 5,169 84.9 % 45.7 % 2,568 1,518 1,214 44,636 33,681 3,955 Percent of revenue 80.7 % 80.4 % 32.3 % 82.3 % 81.2 % 35.0 % Net income 37,701 28,243 3,201 38,398 28,857 3,469 Diluted earnings per share 32.87 24.67 2.83 33.42 25.11 3.03 1