Overview
- Micron posted FY2025 revenue of $37.378 billion, up 48.85% year over year, with gross margin rising to 40.9% and operating margin to 29.0%.
- In Q4, revenue reached a record $11.315 billion, up 21.65% sequentially and 46.0% year over year, as gross margin hit 44.7% and operating margin 32.3%, topping prior guidance highs.
- For FY2026 Q1, the company projects about $12.5 billion in revenue and a gross margin around 50%.
- HBM, high-capacity DIMMs, and server LP DRAM generated roughly $10 billion in FY2025, with HBM alone contributing nearly $2 billion in Q4.
- Micron reported record data-center SSD revenue and market share, and CEO Sanjay Mehrotra emphasized the company’s positioning as the only U.S. memory manufacturer for upcoming AI opportunities.