Micron posts $54.2 billion quarter as gross margin reaches 86.8%

Micron reported revenue of $54.2 billion for the three months ended September 3, 2026, up 31% from the prior quarter, with GAAP gross margin at 86.8%, according to DigiTimes. The report describes customer commitments for future supply and attributes much of the company's growth to pricing rather than shipment volume. The supplied summary does not break out results by DRAM versus NAND, so the headline figures should not be read as memory-product-specific pricing data.