The Tool Desk
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How do Micron and NVIDIA’s latest quarterly revenues compare?
| Company | Reported quarter | Quarter ended | Revenue | Next-quarter outlook |
|---|---|---|---|---|
| Micron | Fiscal Q4 2026 | September 3, 2026 | $54.23 billion | $61.5 billion ± $1.5 billion for fiscal Q1 2027 |
| NVIDIA | Fiscal Q2 2027 | July 26, 2026 | $96.221 billion | $108.0 billion ± 2% for fiscal Q3 2027 |
These are company-reported revenue figures from Micron’s September 30, 2026 earnings release and NVIDIA’s August 26, 2026 earnings release. They are the latest reported figures cited here, but they do not cover matching calendar periods: Micron’s quarter ended more than five weeks after NVIDIA’s.
On the reported amounts, Micron’s revenue was about 56% of NVIDIA’s. Comparing revenue means comparing sales, not profit, market value, or revenue from a single business segment.
What do the companies’ growth figures show?
Micron’s fiscal Q4 revenue rose from $11.32 billion in fiscal Q4 2025 to $54.23 billion in fiscal Q4 2026—about 4.8 times as much, or roughly 379% higher year over year. It also increased from $41.46 billion in fiscal Q3 2026, a sequential rise of about 31%.
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NVIDIA reported $96.221 billion in fiscal Q2 2027 revenue, up 106% year over year. Its Data Center segment accounted for $89.0 billion of that quarter’s revenue, according to the company’s August 26, 2026 release.
Those figures show rapid growth at both companies, but growth rates do not establish when—or whether—Micron will pass NVIDIA. The companies sell different mixes of products and report on different fiscal calendars. A large percentage increase from a smaller revenue base can still leave a substantial gap in total sales.
Rank #2
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- Powered by GeForce RTX 5070 Ti
- Integrated with 16GB GDDR7 256bit memory interface
- PCIe 5.0
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Do the next-quarter outlooks point to a crossover?
No. Micron’s September 30, 2026 outlook for fiscal Q1 2027 was $61.5 billion, plus or minus $1.5 billion. NVIDIA’s August 26, 2026 outlook for fiscal Q3 2027 was $108.0 billion, plus or minus 2%. Even comparing the top of Micron’s stated range with the bottom of NVIDIA’s range leaves a wide difference. These are forward-looking company estimates, not reported results or guarantees; outlooks can change.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.When could Micron generate more quarterly revenue than NVIDIA?
The cited company releases do not establish a date or probability for a crossover. Micron CEO Sanjay Mehrotra said in the September 30, 2026 release that the company expected an even stronger fiscal 2027. NVIDIA CEO Jensen Huang described AI demand and computing revenue in the August 26, 2026 release. These are management statements, not independent forecasts of which company will have higher quarterly revenue.
Rank #3
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Micron’s fiscal 2026 revenue was $133.188 billion; NVIDIA’s fiscal 2026 revenue was $215.938 billion. Those full-year totals provide additional context, but they do not predict a future quarter’s ranking. The defensible answer to “may soon” is that a crossover is possible in principle, but the latest results and outlooks do not support calling it imminent or assigning it a date.
Quick Recap
Best Value
- Powered by the NVIDIA Blackwell architecture and DLSS 4 OC mode: 2640MHz/Default mode: 2610MHz (Boost Clock)
- Military-grade components deliver rock-solid power and longer lifespan for ultimate durability
- Protective PCB coating helps protect against short circuits caused by moisture, dust, or debris
- 3.125-slot design with massive fin array optimized for airflow from three Axial-tech fans
- Phase-change GPU thermal pad helps ensure optimal thermal performance and longevity, outlasting traditional thermal paste for graphics cards under heavy loads
Rank #4
- Powered by the NVIDIA Blackwell architecture and DLSS 4
- Powered by GeForce RTX 5060
- Integrated with 8GB GDDR7 128bit memory interface
- PCIe 5.0
- WINDFORCE cooling system
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