# data center revenue — X 热门讨论 (2026-09-30 20:15 UTC)
## @wallstengine (Wall St Engine) · 09-30 20:01 · ♥428 ↻106 💬19 MICRON $MU Q4’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $54.23B (Est. $51.07B) 🟢; +379% YoY 🔹 Adj. EPS: $33.42 (Est. $31.61) 🟢 🔹 Adj. Gross Margin: 87.0% (Est. 86.1%) 🟢
Q1 FY27 Guide: 🔹 Revenue: $61.5B ± $1.5B (Est. $57.02B) 🟢 🔹 Adj. EPS: $38.15 ± $1.00 (Est. $35.40) 🟢 🔹 Adj. Gross Margin: ~86.25% (Est. 86.4%) 🟡
CapEx & Cash Flow: 🔹 Operating Cash Flow: $43.97B (Est. $34.47B) 🟢
Business Unit Revenue: 🔹 Cloud Memory: $16.28B 🔹 Core Data Center: $18.00B 🔹 Mobile and Client: $13.11B 🔹 Automotive and Embedded: $6.82B
Other Q4 Metrics: 🔹 Adj. Oper Income: $44.64B (Est. $42.41B) 🟢 🔹 Adj. Net Income: $38.40B (Est. $36.31B) 🟢 🔹 GAAP EPS: $32.87
Key Updates: 🔸 Quarterly dividend of $0.15 per share
Comments: 🔸 “Micron delivered record fiscal 2026 results, and we expect an even stronger fiscal 2027” https://x.com/wallstengine/status/2105387504291786928
## @CKCapitalxx (CK Capital) · 09-30 20:02 · ♥112 ↻12 💬19 $MU Q4 FY26
Revenue: $54.23B (+379% YoY, +31% QoQ) vs $50B guide, ~$51.2B est Non-GAAP gross margin: 87.0% vs ~86% guide Non-GAAP EPS: $33.42 vs $31 guide, ~$31.60 est Non-GAAP operating margin: 82.3% Operating cash flow: $43.97B Adjusted FCF: $33.2B
FY26: revenue $133.2B (+256%), non-GAAP EPS $75.52 vs $8.29 last year, FCF $62.3B
Q1 FY27 guide: revenue $61.5B ± $1.5B, gross margin ~86.25%, EPS $38.15 ± $1
Notes: Beat the top of its own guidance range by 6% and beat consensus by $3B. Same quarter last year was $11.3B. Q1 guide of $61.5B is another 13% sequential on top of this. I said over $58B confirms the supercycle. This is $3.5B above that.
Core Data Center did $18.0B, up 56% QoQ, at a 90% gross margin. Every segment is above 83% gross margin. Automotive, the weakest, is at 84%.
$73.5B in cash and investments against $5.2B of debt. Customers prepaid $12.7B this year to lock in supply. That's the strategic customer agreements showing up on the balance sheet.
Capex was $10.8B this quarter, $27.4B for the year, and they still generated $62B of free cash flow. They're funding the buildout from cash and still stacking $30B+ a quarter. https://x.com/CKCapitalxx/status/2105387761662414961
## @WOLF_Financial (WOLF) · 09-30 20:01 · ♥84 ↻9 💬7 MICRON $MU JUST REPORTED Q4 EARNINGS
- Revenue: $54.23B, beating est. of $51.07B 🟢 - Adj EPS: $33.42, beating est. of $31.61 🟢 - Adj Gross Margin: 87.0% - Cloud Memory: $16.28B - Core Data Center: $18.00B - Mobile and Client: $13.11B - Automotive and Embedded: $6.82B - Adj Oper Income: $44.64B - Adj Net Income: $38.40B
CapEx & Cash Flow: - Operating Cash Flow: $43.97B
Q1 FY27 Guidance: - Revenue: $61.5B ± $1.5B, above est. of $57.02B 🟢 - Adj EPS: $38.15 ± $1.00, above est. of $35.40 🟢 - Adj Gross Margin: ~86.25% https://x.com/WOLF_Financial/status/2105387523434590320
## @MentoviaX (MentoviaX) · 09-30 20:01 · ♥40 ↻5 💬3 $MU MICRON Q4’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $54.23B (Est. $51.07B) 🟢; +379% YoY 🔹 Adj. EPS: $33.42 (Est. $31.61) 🟢 🔹 Adj. Gross Margin: 87.0% (Est. 86.1%) 🟢
Q1 FY27 Guide: 🔹 Revenue: $61.5B ± $1.5B (Est. $57.02B) 🟢 🔹 Adj. EPS: $38.15 ± $1.00 (Est. $35.40) 🟢 🔹 Adj. Gross Margin: ~86.25% (Est. 86.4%) 🟡
CapEx & Cash Flow: 🔹 Operating Cash Flow: $43.97B (Est. $34.47B) 🟢
Business Unit Revenue: 🔹 Cloud Memory: $16.28B 🔹 Core Data Center: $18.00B 🔹 Mobile and Client: $13.11B 🔹 Automotive and Embedded: $6.82B
Other Q4 Metrics: 🔹 Adj. Oper Income: $44.64B (Est. $42.41B) 🟢 🔹 Adj. Net Income: $38.40B (Est. $36.31B) 🟢 🔹 GAAP EPS: $32.87
Key Updates: 🔸 Quarterly dividend of $0.15 per share
Comments: 🔸 “Micron delivered record fiscal 2026 results, and we expect an even stronger fiscal 2027” https://x.com/MentoviaX/status/2105387675549388857
## @Abbycadabby87 (Abby) · 09-30 19:55 · ♥43 ↻3 💬0 The memory bears are looking at this market completely backward. Nomura’s latest projections show global data center memory demand scaling from $107B in 2025 to $454B in 2026—eventually topping $1.4 Trillion by 2030.
Data center capex is shifting hard into memory, with AI and general DC storage rising to command over 56% of total industry revenue. As AI inference explodes and HBM/eSSD demand eats up raw wafer capacity, supply constraints will force an unprecedented, prolonged supercycle.
$MU,$SNDK, Samsung, and SK Hynix are the core infrastructure tollbooths of the decade. Time for the market to rerate them. > 引用 @RealNickMugalli: Heading into $MU's print, the focus is on a high conviction beat and raise scenario. F4Q revenue, GM, and EPS should easily clear Street consensus ($51.4B / 86.2% / $31.73) backed by ~20% sequential ASP hikes across both DRAM and NAND and record datacenter revenue topping $5B.
The bigger upside driver lies in F1Q27 guidance, where mgmt is set to raise the bar as CY27 shapes up to be even tighter than CY26. With HBM4 ramping 2x faster than prior generations and forward bit production under SCAs scaling toward 50%, earnings visibility and floor margins are structurally higher. World Trade Securities reiterates overweight with a $2,180 price target ahead of today’s earnings report!
Full post: https://t.co/DvV2XBy5gC https://x.com/Abbycadabby87/status/2105386054018531677
## @VestExchange (Vest) · 09-30 19:45 · ♥42 ↻1 💬5 $MU reports fiscal Q4 results after today's close, with consensus at $50.78B in revenue and $31.28 adjusted EPS.
→ Revenue: $41.46B in fiscal Q3, against $23.86B in fiscal Q2 and $13.64B in fiscal Q1 → Guidance: $50.0B ±$1.0B for fiscal Q4, with an 86% gross margin and $31.00 adjusted EPS
The shares enter the print with $MU up around 275% this year and about 12% below its 52-week high, and the quarter runs 14 weeks, per the 10-Q.
Cloud Memory and Core Data Center revenue reached $13.77B and $11.52B in fiscal Q3, with the fiscal 2027 outlook, HBM4 economics, DRAM pricing and record capital spending the watch items. https://x.com/VestExchange/status/2105383435544277396
## @HunterAllen4 (THE GAP FATHER) · 09-30 09:35 · ♥31 ↻2 💬14 $CMI
Yea I’m bullish here fam.
Cummins is being treated like a cyclical engine name after a brutal 25–30% drawdown, but the business underneath is changing.
Data-center power is already a ~$3.5B business, management sees ~$5B in 2026 and $9B+ by 2030. That is becoming a major growth engine inside a ~$34B-revenue company.
The part I really like? Demand is running ahead of capacity. Cummins is already booking its big QSK95 gensets into 2H 2028, and customers unable to get the largest configurations are moving down to smaller 78L/60L/50L systems instead of walking away.
They’ve already doubled large-genset capacity and are adding another ~$450M of investment / ~20 GW, taking high-horsepower capacity toward 55 GW by 2030.
Power Systems did $7.5B in 2025 revenue, up 16%, with Q2 2026 revenue hitting $2.3B, up 19%. Global power-generation revenue is guided +15–25% this year, while company-wide sales guidance was raised to +10–13%. And Cummins owns Distribution too, meaning every genset can create years of parts, service and maintenance revenue.
Then you have the truck cycle potentially turning into a second growth driver.
The market has been able to call CMI “cyclical” because NA truck has been a drag, but putting a truck recovery on top of a sold-out power-generation book could create some serious operating leverage.
At ~$521, the chart is sitting right around the old ~$512–521 support zone after getting smoked from the mid-$700s.
RSI is ~32, BB %B is around 20, and MACD is starting to compress toward a cross.
Not a confirmed reversal yet, but this is exactly the kind of support/momentum setup I want to watch.
The market is focused on the old Cummins. - hold 360 rippppp salad time
I’m watching the 2027–30 Cummins being built underneath it.
Not advice. Do your own DD.
Don’t sleep 😴 https://x.com/HunterAllen4/status/2105229917898375646