Micron Technology has unveiled its financial results for the third quarter of the 2026 fiscal year (which concluded on May 28, 2026). The report reveals that the company's revenue surged to $41.46 billion, marking a substantial rise from the $23.86 billion recorded in the preceding quarter and the $9.30 billion achieved during the same period in the previous year. In line with GAAP standards, Micron Technology reported a net profit of $28.24 billion, translating to diluted earnings per share of $24.67. The company's operating cash flow also witnessed a significant boost, reaching $25.39 billion, far outpacing the $11.90 billion from the previous quarter and the $4.61 billion from the same period last year. Furthermore, Micron Technology anticipates its revenue for the fourth fiscal quarter to range between $49 billion and $51 billion, with adjusted earnings per share projected to be between $30 and $32.