Sravan Kundojjala(@SKundojjala):Kioxia QJun26 - Revenue up 71% q/q and 367% y/y to $11.0B (pricing strength); QSep guided to $14.8B (+34% q/q) - Blended ASP up 70% q/q on a USD basis, while bit shipments up low single digits. - Adjusted gross margin 80% & Non-GAAP operating profit $8.3B at a 75.0% margin - Capex stays disciplined at $2.9B per year on average through FY28 - LTAs on track to cover 50% of shipments by CY28

Sravan Kundojjala

@SKundojjala

Semiconductors, Analyst @SemiAnalysis_ No investment advice. Opinions are mine only.

Joined September 2011

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Sravan Kundojjala@SKundojjala

2026.07.31 09:13

Kioxia QJun26 - Revenue up 71% q/q and 367% y/y to $11.0B (pricing strength); QSep guided to $14.8B (+34% q/q) - Blended ASP up 70% q/q on a USD basis, while bit shipments up low single digits. - Adjusted gross margin 80% & Non-GAAP operating profit $8.3B at a 75.0% margin - Capex stays disciplined at $2.9B per year on average through FY28 - LTAs on track to cover 50% of shipments by CY28