Micron Technology delivered a standout QQ1 2026 with USD 13.643 billion of revenue, up 76.04% year over year and 69.42% quarter over quarter. The quarter yielded a gross profit of USD 7.646 billion, resulting in a gross margin of 56.04%. Operating income reached USD 6.136 billion, producing an operating margin of 44.98%, while net income totaled USD 5.240 billion and net margin stood at 38.41%. Diluted earnings per share were USD 4.60, with basic EPS of USD 4.66, supported by an EBITDA of USD 6.136 billion and an EBITDA margin of 44.98%. The quarter benefited from a favorable mix and improving memory pricing dynamics, with a pre-tax income of USD 4.411 billion and a tax benefit of USD 0.829 billion contributing to the sizable bottom-line figure. Management commentary (when available) typically emphasizes AI/data-center memory demand, pricing stabilization, and supply/demand balance; however, transcript details are not provided in the input data.