Micron’s Gross Margin Rises to 84.9%, Exceeding Meta and Nvidia

Micron reported a latest gross margin of 84.9%, up from 74.9% in the previous period and 39% in the same period last year. According to NS3.AI, the result exceeded Meta’s 81.9% and Nvidia’s 75%. Micron Chief Financial Officer Mark Murphy said the third-quarter fiscal 2026 gross margin more than doubled year over year.