Kioxia forecasts a 48-fold increase in net profit for the April-June 2026 quarter, reaching 869 billion yen. Revenue is expected to rise 5.1 times to 1.75 trillion yen, while operating profit is projected to increase 29 times to 1.298 trillion yen. The company also reported a record net profit of 554.4 billion yen for the fiscal year ending March 2026, doubling year-on-year.
Record profit and margin figures
In the fourth quarter of fiscal year 2026, Kioxia achieved a gross margin of 66% and an operating margin of 60%. The company expects NAND bit growth in the high teens for 2026. Supply constraints may tighten the market in 2027, with demand expected to outpace supply.
Kioxia plans to list American Depositary Shares (ADS) on a U.S. stock exchange around May 15. The listing would provide access to U.S. capital markets amid the memory boom.
The financial forecast comes from Nikkei, while the record net profit and margin figures were reported by 47News and Kioxia. The exact timing of the ADS listing has not been confirmed by the company.
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