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 | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue | $4.71B | $4.40B | $7.63B | $8.44B | $6.82B | $5.44B |
| Cost of Revenue | $1.99B | $1.93B | $2.64B | $2.74B | $2.37B | $2.06B |
| Gross Profit | $2.72B | $2.47B | $5.00B | $5.70B | $4.45B | $3.38B |
| R&D | $1.09B | $983.80M | $1.10B | $1.12B | $989.10M | $836.40M |
| SG&A | $674.30M | $617.70M | $734.20M | $797.70M | $718.90M | $610.30M |
| Total Operating Expenses | $2.23B | $2.17B | $2.42B | $2.58B | $2.60B | $2.38B |
| D&A | $689.30M | $750.10M | $879.50M | $998.40M | $1.14B | $1.15B |
| Operating Income | $490.10M | $296.30M | $2.57B | $3.12B | $1.85B | $998.10M |
| Interest Expense | $221.30M | $198.30M | $198.30M | $203.90M | $257.00M | $356.90M |
| Income Tax | $43.50M | $39.40M | $459.00M | $672.00M | $197.00M | ($9.90M) |
| Net Income | $230.00M | ($500.0K) | $1.91B | $2.24B | $1.29B | $349.40M |
| EPS - Basic | $0.22 | ($0.01) | $3.52 | $4.07 | $2.33 | $0.68 |
| EPS - Diluted | $0.22 | ($0.01) | $3.48 | $4.02 | $2.27 | $0.65 |
Balance Sheet
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $240.30M | $771.70M | $319.70M | $234.00M | $317.40M | $280.00M |
| Accounts Receivable | $894.70M | $689.70M | $1.14B | $1.31B | $1.07B | $997.70M |
| Inventory | $1.04B | $1.29B | $1.32B | $1.32B | $854.40M | $665.00M |
| Accounts Payable | $205.60M | $160.60M | $213.00M | $396.90M | $344.70M | $292.40M |
| Current Assets | $2.38B | $2.99B | $3.01B | $3.07B | $2.45B | $2.15B |
| Total Assets | $14.37B | $15.37B | $15.87B | $16.37B | $16.20B | $16.48B |
| Current Liabilities | $1.14B | $1.16B | $2.52B | $3.12B | $1.40B | $2.41B |
| Long-term Debt | $5.50B | $5.63B | $5.00B | $5.04B | $7.69B | $7.58B |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $6.43B | $7.08B | $6.66B | $6.51B | $5.89B | $5.34B |
| Retained Earnings | $4.92B | $5.78B | $6.76B | $5.76B | $4.18B | $3.39B |
Cash Flow
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $962.10M | $898.10M | $2.89B | $3.62B | $2.84B | $1.92B |
| Investing Cash Flow | ($195.50M) | ($287.80M) | ($392.10M) | ($599.50M) | ($477.70M) | ($173.30M) |
| Financing Cash Flow | ($1.30B) | ($158.30M) | ($2.41B) | ($3.10B) | ($2.33B) | ($1.86B) |
| CapEx | $91.10M | $126.00M | $285.10M | $486.20M | $370.10M | $92.60M |
| Free Cash Flow | $871.00M | $772.10M | $2.61B | $3.13B | $2.47B | $1.82B |
Ratios
| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 57.7% | 56.1% | 65.4% | 67.5% | 65.2% | 62.1% |
| Operating margin | 10.4% | 6.7% | 33.7% | 36.9% | 27.1% | 18.4% |
| EBITDA margin | 25.0% | 23.8% | 45.2% | 48.8% | 43.9% | 39.6% |
| Net margin | 4.9% | -0.0% | 25.0% | 26.5% | 18.8% | 6.4% |
| Free cash flow margin | 18.5% | 17.5% | 34.2% | 37.1% | 36.3% | 33.5% |
| FCF / Net income | 3.79 | -1544.20 | 1.37 | 1.40 | 1.92 | 5.22 |
| R&D / Revenue | 23.0% | 22.4% | 14.4% | 13.3% | 14.5% | 15.4% |
| SG&A / Revenue | 14.3% | 14.0% | 9.6% | 9.5% | 10.5% | 11.2% |
| Effective tax rate | 15.9% | 101.3% | 19.4% | 23.1% | 13.3% | -2.9% |
| Return on assets | 1.6% | -0.0% | 12.0% | 13.7% | 7.9% | 2.1% |
| Return on equity | 3.6% | -0.0% | 28.6% | 34.4% | 21.8% | 6.5% |
| Return on invested capital | 3.5% | 1.2% | 17.8% | 20.7% | 11.8% | 7.7% |
| Liquidity | ||||||
| Current ratio | 2.09 | 2.59 | 1.20 | 0.98 | 1.75 | 0.89 |
| Quick ratio | 1.18 | 1.47 | 0.67 | 0.56 | 1.14 | 0.61 |
| Cash ratio | 0.21 | 0.67 | 0.13 | 0.08 | 0.23 | 0.12 |
| Leverage | ||||||
| Debt / Equity | 0.85 | 0.80 | 0.75 | 0.77 | 1.30 | 1.42 |
| Debt / Assets | 0.38 | 0.37 | 0.32 | 0.31 | 0.47 | 0.46 |
| Debt / EBITDA | 4.66 | 5.38 | 1.45 | 1.23 | 2.57 | 3.52 |
| Interest coverage | 2.2x | 1.5x | 13.0x | 15.3x | 7.2x | 2.8x |
| Equity multiplier | 2.23 | 2.17 | 2.38 | 2.51 | 2.75 | 3.09 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.33 | 0.29 | 0.48 | 0.52 | 0.42 | 0.33 |
| Inventory turnover | 1.92 | 1.49 | 2.01 | 2.07 | 2.78 | 3.10 |
| Days sales outstanding | 69d | 57d | 55d | 56d | 57d | 67d |
| Days inventory outstanding | 190d | 244d | 182d | 176d | 132d | 118d |
| Days payable outstanding | 38d | 30d | 29d | 53d | 53d | 52d |
| Cash conversion cycle | 221d | 271d | 207d | 180d | 136d | 133d |
| Valuation | ||||||
| P / E | 293.7x | - | 25.8x | 20.8x | 33.1x | 120.3x |
| P / B | 5.5x | 3.7x | 7.4x | 7.2x | 7.2x | 3.9x |
| P / S | 7.5x | 5.9x | 6.4x | 5.5x | 6.2x | 3.9x |
| EV / EBITDA | 34.3x | 29.5x | 15.6x | 12.5x | 16.7x | 13.2x |
| Growth | ||||||
| Revenue growth (YoY) | 7.1% | -42.3% | -9.5% | 23.7% | 25.4% | 3.1% |
| Revenue CAGR (3y) | -17.6% | -13.6% | 12.0% | 17.0% | 19.7% | 11.0% |
| Revenue CAGR (5y) | -2.8% | -3.6% | 13.9% | 16.2% | 14.9% | 20.1% |
| Gross profit growth (YoY) | 10.3% | -50.6% | -12.3% | 28.1% | 31.7% | 4.2% |
| Operating income growth (YoY) | 65.4% | -88.5% | -17.5% | 68.5% | 85.3% | 54.2% |
| Net income growth (YoY) | - | - | -14.8% | 74.1% | 267.9% | -38.8% |
| EPS growth (YoY) | - | - | -13.4% | 77.1% | 251.9% | -71.1% |
| EPS CAGR (3y) | -62.0% | - | 75.4% | 21.7% | 16.9% | -14.4% |
| EPS CAGR (5y) | -19.4% | - | 19.6% | 31.3% | 26.2% | -15.4% |
| FCF growth (YoY) | 12.8% | -70.4% | -16.8% | 26.8% | 35.6% | 23.6% |
| FCF CAGR (5y) | -13.7% | -12.2% | 9.5% | 17.3% | 18.7% | 19.9% |
| Book value growth (YoY) | -9.1% | 6.3% | 2.2% | 10.5% | 10.4% | -4.4% |
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%
Stability scores
Piotroski F-score
FY 2026 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
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 |