Macronix reported a significant shift in its product mix for the first quarter of 2026. The company announced that MLC NAND revenue grew 382 percent year over year. This growth pushed MLC NAND revenue share to 30 percent of the total. The company also noted that NOR Flash revenue share dropped to 58 percent. The shift in revenue composition reflects a strategic pivot toward higher-margin memory products.
Macronix is advancing its 3D NAND technology across multiple development stages. The company currently mass produces 96-layer 3D NAND chips. Development of 192-layer NAND is nearing completion. Engineers are also working on 300-layer products. The progression from mass production of 96-layer 3D NAND to the near-readiness of 192-layer NAND and development of 300+ layer products outlines the company's technology development roadmap.
Macronix shifts product mix toward higher-margin memory chips with MLC NAND revenue surging 382% year over year in the first quarter of 2026
Macronix saw strong quarterly gains across its storage portfolio. MLC NAND revenue increased 90 percent compared to the previous quarter. eMMC revenue grew nearly 40 times year over year. eMMC revenue also rose 94 percent quarter over quarter. The reported revenue growth indicates rapid expansion in specific storage segments, with MLC NAND revenue growing 382% year-over-year and eMMC revenue increasing nearly 40 times year-over-year in Q1 2026.
Industry estimates suggest NOR and SLC NAND contract prices may rise by 100 percent by the second quarter of 2026. Industry estimates suggest that contract prices for NOR and SLC NAND may rise by up to 100% by Q2 2026. The company has not confirmed the exact timing or magnitude of these price adjustments. Purchasing decisions for the upcoming quarter require careful assessment of current market conditions.
Macronix Q1 2026 Financial Highlights
| Metric | Value |
|---|---|
| MLC NAND Revenue Growth (YoY) | 382% |
| MLC NAND Revenue Share | 30% |
| NOR Flash Revenue Share | 58% |
| eMMC Revenue Growth (YoY) | Nearly 40x |
Macronix is positioning itself to capture market share left by other manufacturers. The company focuses on entry-level storage chips to fill this gap. Revenue figures for MLC NAND and eMMC, alongside the development of 192-layer NAND, indicate significant activity in the company's product portfolio. The development of 192-layer NAND is nearing readiness in the company's product development timeline.
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