MCHP · Microchip Technology Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.08B | $1.19B | $1.14B | $1.24B | $1.03B | $1.16B | $2.29B | $1.77B | $2.25B | $1.96B |
| Cost of Revenue | $498.80M | $479.10M | $502.50M | $504.40M | $464.60M | $495.30M | $730.20M | $645.70M | $726.90M | $653.70M |
| Gross Profit | $576.70M | $706.90M | $637.90M | $736.90M | $561.40M | $668.50M | $1.56B | $1.12B | $1.53B | $1.31B |
| R&D | $255.50M | $274.30M | $262.30M | $241.70M | $246.20M | $240.70M | $298.50M | $266.00M | $292.60M | $269.00M |
| SG&A | $159.30M | $168.50M | $172.30M | $150.50M | $158.20M | $157.00M | $203.60M | $172.20M | $196.60M | $188.90M |
| Total Operating Expenses | $544.60M | $555.20M | $549.00M | $517.80M | $530.50M | $521.90M | $655.30M | $590.60M | $642.40M | $608.60M |
| D&A | $171.10M | $37.80M | $39.00M | $188.70M | $40.40M | $41.20M | $222.90M | $47.10M | $47.00M | $259.40M |
| Operating Income | $32.10M | $151.70M | $88.90M | $219.10M | $30.90M | $146.60M | $903.10M | $529.40M | $885.00M | $701.30M |
| Interest Expense | $57.40M | $55.90M | $59.10M | $61.80M | $49.20M | $59.10M | $47.20M | $49.20M | $46.80M | $50.30M |
| Income Tax | $2.80M | $30.90M | ($9.90M) | $32.50M | $7.50M | $13.10M | $181.90M | $65.10M | $167.00M | $139.40M |
| Net Income | ($18.60M) | $62.70M | $41.70M | $129.30M | ($53.60M) | $78.40M | $666.40M | $419.20M | $666.60M | $507.20M |
| EPS - Basic | ($0.09) | $0.06 | $0.03 | $0.24 | ($0.10) | $0.15 | $1.22 | $0.78 | $1.23 | $0.92 |
| EPS - Diluted | ($0.09) | $0.06 | $0.03 | $0.24 | ($0.10) | $0.14 | $1.21 | $0.77 | $1.21 | $0.90 |
Balance Sheet
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $240.30M | $250.70M | $236.80M | $771.70M | $586.00M | $286.10M | $319.70M | $281.00M | $256.60M | $234.00M |
| Accounts Receivable | $894.70M | $731.20M | $746.20M | $689.70M | $857.20M | $1.04B | $1.14B | $1.40B | $1.71B | $1.31B |
| Inventory | $1.04B | $1.06B | $1.10B | $1.29B | $1.36B | $1.34B | $1.32B | $1.31B | $1.33B | $1.32B |
| Accounts Payable | $205.60M | $160.60M | $170.00M | $160.60M | $195.90M | $204.20M | $213.00M | $242.20M | $283.50M | $396.90M |
| Current Assets | $2.38B | $2.29B | $2.35B | $2.99B | $3.00B | $2.91B | $3.01B | $3.22B | $3.53B | $3.07B |
| Total Assets | $14.37B | $14.33B | $14.47B | $15.37B | $15.63B | $15.62B | $15.87B | $16.14B | $16.60B | $16.37B |
| Current Liabilities | $1.14B | $1.06B | $1.04B | $1.16B | $1.33B | $3.29B | $2.52B | $3.29B | $3.41B | $3.12B |
| Long-term Debt | $5.50B | $5.37B | $5.38B | $5.63B | $6.75B | $4.48B | $5.00B | $4.03B | $4.41B | $5.04B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $6.43B | $6.56B | $6.70B | $7.08B | $6.03B | $6.28B | $6.66B | $7.08B | $6.97B | $6.51B |
| Retained Earnings | $4.92B | $5.05B | $5.26B | $5.78B | $6.18B | $6.48B | $6.76B | $6.85B | $6.67B | $5.76B |
Cash Flow
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $275.60M | - | - | $377.10M | - | - | $993.20M | - | - | $840.40M |
| Investing Cash Flow | ($36.90M) | - | - | ($125.50M) | - | - | ($140.90M) | - | - | ($153.80M) |
| Financing Cash Flow | ($443.90M) | - | - | ($256.20M) | - | - | ($815.10M) | - | - | ($626.90M) |
| CapEx | $17.90M | - | - | $72.90M | - | - | $111.10M | - | - | $121.90M |
| Free Cash Flow | $257.70M | - | - | $304.20M | - | - | $882.10M | - | - | $718.50M |
Ratios
| Metric | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 53.6% | 59.6% | 55.9% | 59.4% | 54.7% | 57.4% | 68.1% | 63.4% | 67.8% | 66.7% |
| Operating margin | 3.0% | 12.8% | 7.8% | 17.7% | 3.0% | 12.6% | 39.5% | 30.0% | 39.3% | 35.7% |
| EBITDA margin | 18.9% | 16.0% | 11.2% | 32.9% | 6.9% | 16.1% | 49.2% | 32.6% | 41.3% | 48.9% |
| Net margin | -1.7% | 5.3% | 3.7% | 10.4% | -5.2% | 6.7% | 29.1% | 23.7% | 29.6% | 25.8% |
| Free cash flow margin | 24.0% | - | - | 24.5% | - | - | 38.5% | - | - | 36.6% |
| FCF / Net income | -13.85 | - | - | 2.35 | - | - | 1.32 | - | - | 1.42 |
| R&D / Revenue | 23.8% | 23.1% | 23.0% | 19.5% | 24.0% | 20.7% | 13.0% | 15.1% | 13.0% | 13.7% |
| SG&A / Revenue | 14.8% | 14.2% | 15.1% | 12.1% | 15.4% | 13.5% | 8.9% | 9.8% | 8.7% | 9.6% |
| Effective tax rate | - | 33.0% | -31.1% | 20.1% | - | 14.3% | 21.4% | 13.4% | 20.0% | 21.6% |
| Return on assets | -0.1% | 0.4% | 0.3% | 0.8% | -0.3% | 0.5% | 4.2% | 2.6% | 4.0% | 3.1% |
| Return on equity | -0.3% | 1.0% | 0.6% | 1.8% | -0.9% | 1.2% | 10.0% | 5.9% | 9.6% | 7.8% |
| Return on invested capital | 0.2% | 0.9% | 0.7% | 1.4% | 0.2% | 1.2% | 6.1% | 4.1% | 6.2% | 4.8% |
| Liquidity | ||||||||||
| Current ratio | 2.09 | 2.16 | 2.25 | 2.59 | 2.25 | 0.88 | 1.20 | 0.98 | 1.03 | 0.98 |
| Quick ratio | 1.18 | 1.16 | 1.20 | 1.47 | 1.23 | 0.48 | 0.67 | 0.58 | 0.64 | 0.56 |
| Cash ratio | 0.21 | 0.24 | 0.23 | 0.67 | 0.44 | 0.09 | 0.13 | 0.09 | 0.08 | 0.08 |
| Leverage | ||||||||||
| Debt / Equity | 0.85 | 0.82 | 0.80 | 0.80 | 1.12 | 0.71 | 0.75 | 0.57 | 0.63 | 0.77 |
| Debt / Assets | 0.38 | 0.37 | 0.37 | 0.37 | 0.43 | 0.29 | 0.32 | 0.25 | 0.27 | 0.31 |
| Debt / EBITDA | 27.05 | 28.32 | 42.03 | 13.81 | 94.66 | 23.84 | 4.44 | 7.00 | 4.74 | 5.25 |
| Interest coverage | 0.6x | 2.7x | 1.5x | 3.5x | 0.6x | 2.5x | 19.1x | 10.8x | 18.9x | 13.9x |
| Equity multiplier | 2.23 | 2.18 | 2.16 | 2.17 | 2.59 | 2.49 | 2.38 | 2.28 | 2.38 | 2.51 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.07 | 0.08 | 0.08 | 0.08 | 0.07 | 0.07 | 0.14 | 0.11 | 0.14 | 0.12 |
| Inventory turnover | 0.48 | 0.45 | 0.46 | 0.39 | 0.34 | 0.37 | 0.55 | 0.49 | 0.55 | 0.49 |
| Days sales outstanding | 304d | 225d | 239d | 203d | 305d | 328d | 182d | 289d | 276d | 243d |
| Days inventory outstanding | 758d | 806d | 796d | 936d | 1066d | 987d | 658d | 741d | 668d | 740d |
| Days payable outstanding | 150d | 122d | 123d | 116d | 154d | 150d | 106d | 137d | 142d | 222d |
| Cash conversion cycle | 911d | 908d | 911d | 1023d | 1217d | 1164d | 734d | 893d | 802d | 761d |
| Valuation | ||||||||||
| P / E | - | 1062.0x | 2140.7x | 201.7x | - | 573.5x | 74.1x | 117.1x | 64.5x | 93.1x |
| P / B | 5.4x | 5.3x | 5.2x | 3.7x | 5.1x | 6.9x | 7.4x | 7.0x | 6.2x | 7.2x |
| P / S | 32.4x | 29.3x | 30.7x | 21.2x | 30.0x | 37.4x | 21.6x | 27.9x | 19.0x | 24.0x |
| EV / EBITDA | 197.3x | 210.4x | 313.8x | 76.4x | 518.7x | 254.0x | 48.1x | 92.0x | 50.5x | 54.0x |
| Growth | ||||||||||
| Revenue growth (YoY) | -13.4% | 15.6% | -2.0% | -45.8% | -41.9% | -48.4% | 16.6% | -18.6% | 8.7% | 25.1% |
| Revenue CAGR (3y) | -18.2% | -18.2% | -18.1% | -7.5% | -16.4% | -11.0% | 20.4% | 9.3% | 19.8% | 14.1% |
| Revenue CAGR (5y) | -3.9% | -2.6% | -2.7% | -1.3% | -4.4% | -2.7% | 13.5% | 12.2% | 9.5% | 15.1% |
| Gross profit growth (YoY) | -21.7% | 25.9% | -4.6% | -52.7% | -49.9% | -56.2% | 19.0% | -23.9% | 9.3% | 30.0% |
| Operating income growth (YoY) | -85.3% | 390.9% | -39.4% | -75.7% | -94.2% | -83.4% | 28.8% | -34.8% | 17.2% | 90.2% |
| Net income growth (YoY) | - | - | -46.8% | -80.6% | - | -88.2% | 31.4% | -27.8% | 22.0% | 100.6% |
| EPS growth (YoY) | - | - | -78.6% | -80.2% | - | -88.4% | 34.4% | -26.0% | 23.5% | 1.1% |
| EPS CAGR (3y) | - | -61.4% | -68.7% | -35.4% | - | -31.2% | 36.1% | 80.9% | 64.9% | 65.1% |
| EPS CAGR (5y) | - | -14.3% | -35.6% | 3.7% | - | -20.1% | 53.9% | 30.9% | 26.1% | 5.2% |
| FCF growth (YoY) | -15.3% | - | - | -65.5% | - | - | 22.8% | - | - | 32.2% |
| FCF CAGR (5y) | -11.6% | - | - | -4.3% | - | - | 24.0% | - | - | 15.9% |
| Book value growth (YoY) | -9.1% | 8.8% | 6.7% | 6.3% | -14.8% | -9.9% | 2.2% | 12.2% | 14.2% | 10.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-03-31.
Business segments
$4.71B totalSemiconductor Products$4.55B · 96.5%
Technology Licensing$163.80M · 3.5%
Product / service
$4.71B totalMixed Signal Microcontrollers$2.36B · 50.0%
Analog$1.33B · 28.2%
Other Product Line$1.03B · 21.8%
Peer comparison
Same SIC group: Semiconductors & Related Devices
Comparing MICROCHIP TECHNOLOGY INC against the 5 most active filers in the same SIC group.
Dividends
$1.82/share trailing 12 months · +0.1% YoY
| Ex-date | Per share |
|---|---|
| May 22, 2026 | $0.4550 |
| Feb 23, 2026 | $0.4550 |
| Nov 24, 2025 | $0.4550 |
| Aug 22, 2025 | $0.4550 |
| May 22, 2025 | $0.4550 |
| Feb 24, 2025 | $0.4550 |
| Nov 22, 2024 | $0.4550 |
| Aug 22, 2024 | $0.4540 |
| May 21, 2024 | $0.4520 |
| Feb 22, 2024 | $0.4500 |
| Nov 21, 2023 | $0.4390 |
| Aug 21, 2023 | $0.4100 |
| May 19, 2023 | $0.3830 |
| Feb 17, 2023 | $0.3580 |
| Nov 21, 2022 | $0.3280 |
| Aug 18, 2022 | $0.3010 |
| May 19, 2022 | $0.2760 |
| Feb 18, 2022 | $0.2530 |
| Nov 18, 2021 | $0.2320 |
| Aug 19, 2021 | $0.2185 |
| May 20, 2021 | $0.2065 |
| Feb 19, 2021 | $0.1950 |
| Nov 19, 2020 | $0.1845 |
| Aug 20, 2020 | $0.1840 |