Micron Q4 revenue rises, beats analyst estimates as AI memory demand increases
MU•Micron reported fiscal Q4 revenue of $54.23 billion and adjusted EPS of $33.42, beating analyst estimates of $51.07 billion and $31.61, respectively. The company forecast Q1 2027 revenue of $61.5 billion, plus or minus $1.5 billion.
1. Quarterly results
Micron said fiscal Q4 revenue surged to a record, driven by strong demand across its business units, including increased demand for memory in AI and compute-intensive applications. Adjusted net income was $38.40 billion; net income was $37.70 billion.
2. Quarterly outlook
For Q1 2027, Micron expects non-GAAP diluted EPS of $38.15, plus or minus $1.00, and non-GAAP gross margin of approximately 86.25%.
3. Product demand
Micron completed multiple customer qualifications for new high-speed server memory modules and secured design wins with every Tier 1 OEM customer for its AI workstation product.
