Micron now has an 88% margin on consumer memory
Micron reported record revenue of $54.23 billion for fiscal Q4 2026, driven by significant price increases across its business units. The company achieved a record 87% gross margin, with its Mobile and Client division reaching an 88% operating margin. Despite high profitability, the consumer unit was the only segment to experience a decline in memory bit shipments quarter-over-quarter.
- ▪Micron's fiscal Q4 2026 revenue reached $54.23 billion, representing a nearly fivefold increase from the same period last year.
- ▪The Mobile and Client business unit achieved an 88% operating margin, the highest among all of Micron's divisions.
- ▪Revenue growth in the consumer sector was driven by higher pricing rather than volume, as it was the only unit to ship less memory than the previous quarter.
- ▪Core Data Center margins surged from 25% to 85% year-over-year, while Automotive and Embedded margins climbed from 20% to 79%.
- ▪Micron's overall gross margin hit a record 87%, with the gap between gross and operating margins being smallest in the consumer unit at just 2%.
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| Publication time | Fri, 02 Oct 2026 11:40:00 +0000 |
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PC Components RAM DRAM Micron now has an 88% margin on consumer memory — price hikes drive revenue, client business is Micron's only unit that shipped less memory this quarter News By Jake Roach Published 2 October 2026 Micron's consumer business is also its most profitable one by margin. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. (Image credit: Getty / Justin Sullivan) Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter Micron released its fiscal Q4 2026 financial results on Wednesday, expectedly setting another record for revenue with $54.23 billion for the quarter, up nearly five times…
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