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MU Net Income

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The latest data point for MU's net income in Q2'26 shows a robust $13.79B, marking a significant surge from the previous quarter's $5.24B in Q1'26 and reflecting strong profitability momentum. Over the period from Q3'23 to Q2'26, net income transitioned from substantial losses—peaking at -$1.90B in Q3'23—to consistent profitability starting in Q2'24 at $793M, with accelerating growth thereafter, including a YoY increase of 770.81% in Q2'26. This upward trend, visualized in the bar chart for absolute values and line chart for YoY percentages, highlights a recovery inflection in Q2'24 followed by exponential gains, driven by factors like market demand in semiconductors, though early quarters exhibited volatility with YoY declines up to -532.82% in Q1'24.