MEMORY CYCLE

Memory earnings & shares

Read quarterly operating-profit trends alongside share prices, on one timeline.

As of -- · --

As of 2026-06-30 (26Q2), the 6 memory makers' combined operating income moved +103.2% QoQ, revenue +45.4% QoQ, with a 55.3% margin — an Expansion phase. Average share price is +25% over 3 months and -5% over the last 10 sessions, Leading the earnings trend.

Current state

Share prices usually lead earnings. Even when earnings are good, the price may have already priced it in if it moved first.

Earnings and share price

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Quarterly operating income

Share price (start = 100)

QoQ: percent change vs. the prior quarter. Bars above are quarterly operating income; the line below indexes the share price to 100 at the start of the shown period, compared on one timeline.

Sources: Yahoo Finance fundamentals time-series (quarterly income statement, cash flow and share price; disclosure scope and accounting standards vary by company)