Micron Updates Fourth Quarter Fiscal 2025 Guidance
Micron Technology (Nasdaq: MU) has revised its Q4 fiscal 2025 guidance upward, reflecting improved pricing conditions and strong execution. The company increased its revenue guidance to $11.2 billion 卤 $100 million from the previous $10.7 billion 卤 $300 million.
Key updates include improved non-GAAP gross margins of 44.5% 卤 0.5% (up from 42.0% 卤 1.0%) and non-GAAP EPS of $2.85 卤 $0.07 (increased from $2.50 卤 $0.15). The revision is primarily driven by improved DRAM pricing and operational performance.
Micron Technology (Nasdaq: MU) ha rivisto al rialzo la guidance per il quarto trimestre fiscale 2025, riflettendo condizioni di prezzo migliorate e una solida esecuzione. L'azienda ha aumentato la previsione dei ricavi a $11.2 miliardi 卤 $100 milioni rispetto ai precedenti $10.7 miliardi 卤 $300 milioni.
Gli aggiornamenti chiave includono margini lordi non-GAAP migliorati del 44.5% 卤 0.5% (da 42.0% 卤 1.0%) e un EPS non-GAAP di $2.85 卤 $0.07 (in aumento rispetto a $2.50 卤 $0.15). La revisione 猫 principalmente dovuta al miglioramento dei prezzi DRAM e a una migliore performance operativa.
Micron Technology (Nasdaq: MU) ha revisado al alza su gu铆a para el cuarto trimestre fiscal 2025, reflejando mejores condiciones de precios y una ejecuci贸n s贸lida. La compa帽铆a elev贸 su previsi贸n de ingresos a $11.2 mil millones 卤 $100 millones desde los anteriores $10.7 mil millones 卤 $300 millones.
Las actualizaciones clave incluyen m谩rgenes brutos non-GAAP mejorados de 44.5% 卤 0.5% (desde 42.0% 卤 1.0%) y un EPS non-GAAP de $2.85 卤 $0.07 (incrementado desde $2.50 卤 $0.15). La revisi贸n se debe principalmente a la mejora en los precios de DRAM y al rendimiento operativo.
Micron Technology (Nasdaq: MU)電� 2025 須岅硠鞐半弰 4攵勱赴 鞝勲旃橂ゼ 靸來枼 臁办爼頄堨溂氅�, 鞚措姅 臧�瓴� 鞐贝 臧滌劆瓿� 臧曤牓頃� 鞁ろ枆霠レ潉 氚橃榿頃� 瓴瓣臣鞛呺媹雼�. 須岇偓電� 毵れ稖 臧�鞚措崢鞀るゼ 膦呾爠 $10.7 billion 卤 $300 million鞐愳劀 $11.2 billion 卤 $100 million鞙茧 靸來枼頄堨姷雼堧嫟.
欤检殧 鞐呺嵃鞚错姼搿滊姅 牍�-GAAP 齑濍歆勳澊 44.5% 卤 0.5%搿� 臧滌劆(膦呾爠 42.0% 卤 1.0%)霅橁碃 牍�-GAAP 欤茧嫻靾滌澊鞚�(EPS)鞚� $2.85 卤 $0.07鞙茧 靸來枼(膦呾爠 $2.50 卤 $0.15)霅� 鞝愳澊 韽暔霅╇媹雼�. 鞚措矆 臁办爼鞚� 欤茧 DRAM 臧�瓴� 臧滌劆瓿� 鞖挫榿 靹标臣 頄レ儊鞐� 旮办澑頃╇媹雼�.
Micron Technology (Nasdaq: MU) a relev茅 ses pr茅visions pour le quatri猫me trimestre fiscal 2025, refl茅tant une am茅lioration des prix et une ex茅cution solide. La soci茅t茅 a port茅 sa pr茅vision de chiffre d'affaires 脿 $11,2 milliards 卤 $100 millions contre $10,7 milliards 卤 $300 millions 辫谤茅肠茅诲别尘尘别苍迟.
Parmi les principales mises 脿 jour figurent des marges brutes non-GAAP am茅lior茅es de 44,5% 卤 0,5% (contre 42,0% 卤 1,0%) et un EPS non-GAAP de $2,85 卤 $0,07 (en hausse par rapport 脿 $2,50 卤 $0,15). Cette r茅vision s'explique principalement par l'am茅lioration des prix de la DRAM et des performances op茅rationnelles.
Micron Technology (Nasdaq: MU) hat seine Prognose f眉r das vierte Gesch盲ftsquartal 2025 nach oben angepasst und damit verbesserte Preisbedingungen und starke operative Umsetzung ber眉cksichtigt. Das Unternehmen hat seine Umsatzprognose auf $11.2 Milliarden 卤 $100 Millionen erh枚ht (zuvor $10.7 Milliarden 卤 $300 Millionen).
Wesentliche 脛nderungen umfassen verbesserte non-GAAP-Bruttomargen von 44.5% 卤 0.5% (zuvor 42.0% 卤 1.0%) sowie ein non-GAAP-EPS von $2.85 卤 $0.07 (gestiegen von $2.50 卤 $0.15). Die Anpassung wird haupts盲chlich durch bessere DRAM-Preise und die operative Leistung getrieben.
- Revenue guidance increased by $500M to $11.2B 卤 $100M
- Non-GAAP gross margin guidance improved by 250 basis points to 44.5% 卤 0.5%
- Non-GAAP EPS guidance raised by $0.35 to $2.85 卤 $0.07
- Improved DRAM pricing conditions
- Tighter guidance ranges indicate increased certainty in outlook
- Operating expenses slightly increased to $1.22B 卤 $15M from $1.20B 卤 $20M
Insights
Micron raises Q4 guidance with higher revenue, margins, and EPS due to improved DRAM pricing and strong execution.
Micron's revised Q4 fiscal 2025 guidance represents a meaningful upside surprise to previous forecasts. Revenue expectations increased to
The company's non-GAAP gross margin guidance has improved substantially to
The EPS guidance increase to
The primary drivers cited - improved DRAM pricing and strong execution - suggest both favorable industry conditions and company-specific operational excellence. DRAM pricing improvements indicate a healthier supply-demand balance in the memory market, which typically creates a more favorable pricing environment for all players. This could signal the continuation of a positive cycle in memory chip pricing, which has historically been cyclical.
BOISE, Idaho, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) (the 鈥淐ompany鈥�) today announced that it is updating its revenue, gross margin, operating expense, and EPS guidance for the fourth quarter of fiscal 2025, which ends August 28, 2025. The Company previously provided guidance for revenue of
The Company today updated its guidance for fourth quarter of fiscal 2025 revenue to
Micron Executive Vice President and Chief Business Officer, Sumit Sadana, will share further updates in a fireside chat at the 2025 Keybanc Technology Conference in Park City, Utah scheduled to take place at 9:00 a.m. Mountain time on August 11, 2025.
The live webcast and subsequent replay of the event can be accessed from Micron鈥檚 Investor Relations website at http://investors.micron.com.
| 听 | Previous Guidance | 听 | Updated Guidance | ||||||||||||
| 听 | GAAP Outlook | 听 | Adjustments | 听 | Non-GAAP Outlook | 听 | GAAP Outlook | 听 | Adjustments | 听 | Non-GAAP Outlook | ||||
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||
| Revenue | 听 | 鈥� | 听 | 听 | 听 | 听 | 听 | 鈥� | 听 | 听 | 听 | ||||
| Gross margin | 听 | 听 | A | 听 | 听 | 听 | 听 | A | 听 | ||||||
| Operating expenses | 听 | 听 | B | 听 | 听 | 听 | 听 | B | 听 | ||||||
| Diluted earnings per share(1) | 听 | 听 | A, B, C | 听 | 听 | 听 | 听 | A, B, C | 听 | ||||||
| Non-GAAP Adjustments (in millions) | 听 | 听 | |||
| 听 | 听 | 听 | 听 | ||
| A | Stock-based compensation 鈥� cost of goods sold | 听 | $ | 119 | 听 |
| B | Stock-based compensation 鈥� research and development | 听 | 听 | 93 | 听 |
| B | Stock-based compensation 鈥� sales, general, and administrative | 听 | 听 | 54 | 听 |
| C | Tax effects of the above items and other tax adjustments | 听 | 听 | (27 | ) |
| 听 | 听 | 听 | $ | 239 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 |
(1)听听听GAAP earnings per share based on approximately 1.13听billion diluted shares and non-GAAP earnings per share based on approximately 1.15听billion diluted shares.
The tables above reconcile our GAAP to non-GAAP guidance based on the current outlook. The guidance does not incorporate the impact of any potential business combinations, divestitures, additional restructuring activities, balance sheet valuation adjustments, strategic investments, financing transactions, and other significant transactions. The timing and impact of such items are dependent on future events that may be uncertain or outside of our control.
About Micron Technology, Inc.
We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our Micron庐 and Crucial庐 brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities 鈥� from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.
Forward-Looking Statements
This press release contains forward-looking statements regarding the Company鈥檚 financial and operating results, in particular the Company鈥檚 expectations and guidance for the fourth quarter of fiscal 2025. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially. Please refer to the documents the Company files with the Securities and Exchange Commission, specifically its most recent Form 10-K and Form 10-Q. These documents contain and identify important factors that could cause the Company鈥檚 actual results to differ materially from those contained in these forward-looking statements. These certain factors can be found at . Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, levels of activity, performance, or achievements. The Company is under no duty to update any of the forward-looking statements after the date of this press release, except as required by applicable law.
漏 2024 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.
Micron Media Relations Contact
Mark Plungy
Micron Technology, Inc.
+1 (408) 203-2910
Micron Investor Relations Contact
Satya Kumar
Micron Technology, Inc.
+1 (408) 450-6199
听听
FAQ
What is Micron's (MU) updated revenue guidance for Q4 2025?
How much did Micron (MU) increase its EPS guidance for Q4 2025?
What are the main factors driving Micron's (MU) improved Q4 2025 guidance?
What is Micron's (MU) updated gross margin guidance for Q4 2025?
When does Micron's (MU) fourth quarter fiscal 2025 end?
