MCHP - Earnings announcements

For the quarter ended March 31, 2026 Net sales of $1.311 billion, increased 35.1% from the year ago quarter and up 10.6% sequentially. The midpoint of our guidance provided on February 5, 2026 was net sales of $1.260 billion.On a GAAP basis: gross profit of 61.0%; operating income of $217.4 million and 16.6% of net sales; net income attributable to common stockholders of $116.4 million; and EPS of $0.21 per diluted share. Our guidance provided on February 5, 2026 was GAAP EPS per diluted share of $0.08 to $0.12.On a Non-GAAP basis: gross profit of 61.6%; operating income of $400.9 million and 30.6% of net sales; net income of $327.3 million; and EPS of $0.57 per diluted share. Our guidan

Net sales of $1.186 billion, increased 4.0% sequentially and up 15.6% from the year ago quarter. Our updated guidance provided on January 5, 2026 was net sales of $1.185 billion.On a GAAP basis: gross profit of 59.6%; operating income of $151.7 million and 12.8% of net sales; net income attributable to common stockholders of $34.9 million; and EPS of $0.06 per diluted share. Our updated guidance provided on December 2, 2025 was GAAP EPS of $0.02 per diluted share.On a Non-GAAP basis: gross profit of 60.5%; operating income of $337.8 million and 28.5% of net sales; net income of $252.8 million; and EPS of $0.44 per diluted share. Our updated guidance provided on December 2, 2025 was Non-GAAP

CHANDLER, Ariz., Jan. 05, 2026 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today commented that it expects its net sales for third quarter of fiscal 2026 ended December 31, 2025 to be about $1,185 million, well above its original guidance of $1,109 million to $1,149 million provided on November 6, 2025, and its subsequent revised guidance provided on December 2, 2025 of net sales being on the high end of its original guidance. Steve Sanghi, Microchip's CEO and President, commented, "We continue to experience a fairly broad-based recovery in most of our end markets driven by progress w

CHANDLER, Ariz., Dec. 02, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today updated the range of its prior guidance for net sales and GAAP and non-GAAP earnings per share for its third quarter of fiscal 2026 ending December 31, 2025. Microchip now expects its net sales and earnings per diluted share to be at the high end of its previously provided guidance, representing sequential growth of roughly 1% that exceeds the midpoint of our prior guidance which anticipated a sequential decline in net sales. Our revised December 2025 quarter revenue guidance would represent 12% year-over-

Net sales of $1.140 billion, increased 6.0% sequentially and declined 2.0% from the year ago quarter. The midpoint of our guidance provided on August 7, 2025 was net sales of $1.130 billion.On a GAAP basis: gross profit of 55.9%; operating income of $88.9 million and 7.8% of net sales; net income attributable to common stockholders of $13.9 million; and EPS of $0.03 per diluted share. Our guidance provided on August 7, 2025 was for GAAP EPS loss per diluted share of $0.04 to $0.01.On a Non-GAAP basis: gross profit of 56.7%; operating income of $277.2 million and 24.3% of net sales; net income of $199.1 million; and EPS of $0.35 per diluted share. Our guidance provided on August 7, 2025 was f

For the quarter ended June 30, 2025 Net sales of $1.0755 billion, increased 10.8% sequentially and declined 13.4% from the year ago quarter.  The midpoint of our updated guidance provided on May 29, 2025 was net sales of $1.0575 billion.On a GAAP basis: gross profit of 53.6%; operating income of $32.1 million and 3.0% of net sales; net loss attributable to common stockholders of $46.4 million; and loss of $0.09 per diluted share. Our updated guidance provided on May 29, 2025 was for GAAP EPS loss per diluted share of $0.11 to $0.07.On a Non-GAAP basis: gross profit of 54.3%; operating income of $222.3 million and 20.7% of net sales; net income of $154.7 million; and EPS of $0.27 per diluted

CHANDLER, Ariz., May 29, 2025 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today updated the range of its prior guidance for net Sales and GAAP and non-GAAP earnings per share for its fiscal first quarter of 2026 ending June 30, 2025. Microchip now expects consolidated net sales for the June quarter to be between $1.045 billion and $1.070 billion. Microchip previously provided guidance on May 8, 2025 of consolidated net sales to be between $1.025 billion and $1.070 billion. GAAP loss per share is now expected to be between $(0.11) and $(0.07), and non-GAAP earnings per share is now expected to be betwe

For the quarter ended March 31, 2025 Net sales of $970.5 million, declined 5.4% sequentially and 26.8% from the year ago quarter.  The midpoint of our guidance provided on February 6, 2025 was net sales of $960.0 million.On a GAAP basis: gross profit of 51.6%; operating loss of $100.3 million and 10.3% of net sales; net loss attributable to common stockholders of $156.8 million; and loss of $0.29 per diluted share. Our guidance provided on February 6, 2025 was for GAAP loss per diluted share of $0.24 to $0.14 and did not include the restructuring charges that we announced on March 3, 2025 or the preferred stock dividend related to our mandatory convertible preferred stock financing in March

Net sales of $1.026 billion, down 11.8% sequentially and down 41.9% from the year ago quarter. Our updated guidance provided on December 2, 2024 was net sales of $1.025 billion.On a GAAP basis: gross profit of 54.7%; operating income of $30.9 million and 3.0% of net sales; net loss of $53.6 million; and loss of $0.10 per diluted share. Our guidance provided on November 5, 2024 was for GAAP earnings (loss) per share of $(0.04) to $0.03 per diluted share. On a Non-GAAP basis: gross profit of 55.4%; operating income of $210.7 million and 20.5% of net sales; net income of $107.3 million; and EPS of $0.20 per diluted share. Our updated guidance provided on December 2, 2024 was for No

Net sales of $1.164 billion, down 6.2% sequentially and down 48.4% from the year ago quarter. The midpoint of our guidance provided on August 1, 2024 was net sales of $1.150 billion.Revenue, gross profit and non-GAAP gross profit were positively impacted by a $13.3 million legal settlement. This settlement also positively impacted GAAP and non-GAAP EPS by $0.02 per diluted share.On a GAAP basis: gross profit of 57.4%; operating income of $146.6 million and 12.6% of net sales; net income of $78.4 million; and EPS of $0.14 per diluted share. Our guidance provided on August 1, 2024 was for GAAP EPS of $0.10 to $0.14 per diluted share. On a Non-GAAP basis: gross profit of 59.5%; operating income

Net sales of $1.241 billion, down 6.4% sequentially and down 45.8% from the year ago quarter. The midpoint of our guidance provided on May 6, 2024 was net sales of $1,240 billion.On a GAAP basis: gross profit of 59.4%; operating income of $219.1 million and 17.7% of net sales; net income of $129.3 million; and EPS of $0.24 per diluted share. Our guidance provided on May 6, 2024 was for GAAP EPS of $0.19 to $0.24 per diluted share. On a Non-GAAP basis: gross profit of 59.9%; operating income of $390.5 million and 31.5% of net sales; net income of $289.9 million; and EPS of $0.53 per diluted share. Our guidance provided on May 6, 2024 was for Non-GAAP EPS of $0.48 to $0.56 per diluted share.Re

For the quarter ended March 31, 2024 Net sales of $1.326 billion, down 24.9% sequentially and down 40.6% from the year ago quarter. Our guidance provided on February 1, 2024 was for net sales to be down 25% sequentially.On a GAAP basis: gross profit of 59.6%; operating income of $253.5 million and 19.1% of net sales; net income of $154.7 million; and EPS of $0.28 per diluted share. Our guidance provided on February 1, 2024 was for GAAP EPS of $0.13 to $0.32 per diluted share. On a Non-GAAP basis: gross profit of 60.3%; operating income of $436.0 million and 32.9% of net sales; net income of $310.3 million and EPS of $0.57 per diluted share. Our guidance provided on February 1, 2024 was fo

Net sales of $1.766 billion, down 21.7% sequentially and down 18.6% from the year ago quarter. Our preliminary net sales results provided on January 8, 2024 was for net sales to be down 22% sequentially.On a GAAP basis: gross profit of 63.4%; operating income of $529.4 million and 30.0% of net sales; net income of $419.2 million; and EPS of $0.77 per diluted share. Our guidance provided on November 2, 2023 was for GAAP EPS of $0.68 to $0.76 per diluted share. On a Non-GAAP basis: gross profit of 63.8%; operating income of $728.1 million and 41.2% of net sales; net income of $592.7 million and EPS of $1.08 per diluted share. Our guidance provided on November 2, 2023 was for Non-GAAP EPS of $1

CHANDLER, Ariz., Jan. 08, 2024 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today provided preliminary revenue results for the three months ended December 31, 2023. "Today, based on preliminary financial information, we are providing our expected revenue for the fiscal third quarter ended December 31, 2023. The weakening economic environment that our customers and distributors faced during the December 2023 quarter resulted in many of them wanting to receive a lower level of shipments as they took actions to further de-risk their inventory positions," said Ganesh Moorthy, President and

Net sales of $2.254 billion, down 1.5% sequentially and up 8.7% from the year ago quarter. The midpoint of our guidance provided on August 3, 2023 was net sales of $2.266 billion.On a GAAP basis: gross profit of 67.8%; operating income of $885.0 million and 39.3% of net sales; record net income of $666.6 million; and record EPS of $1.21 per diluted share. Our guidance provided on August 3, 2023 was for GAAP EPS of $1.18 to $1.21 per diluted share. On a Non-GAAP basis: gross profit of 68.1%; operating income of $1.085 billion and 48.1% of net sales; net income of $889.3 million and EPS of $1.62 per diluted share. Our guidance provided on August 3, 2023 was for Non-GAAP EPS of $1.60 to $1.64 p

Record net sales of $2.289 billion, up 2.5% sequentially and up 16.6% from the year ago quarter. The midpoint of our guidance provided on May 4, 2023 was net sales of $2.289 billion.On a GAAP basis: record gross profit of 68.1%; record operating income of $903.1 million and a record 39.5% of net sales; record net income of $666.4 million; and record EPS of $1.21 per diluted share. Our guidance provided on May 4, 2023 was for GAAP EPS of $1.15 to $1.16 per diluted share. On a Non-GAAP basis: record gross profit of 68.4%; record operating income of $1.100 billion and a record 48.1% of net sales; net income of $905.3 million and record EPS of $1.64 per diluted share. Our guidance provided on Ma

For the quarter ended March 31, 2023 Record net sales of $2.233 billion, up 2.9% sequentially and up 21.1% from the year ago quarter. The midpoint of our guidance provided on February 2, 2023 was net sales of $2.224 billion.On a GAAP basis: record gross margin of 68.0%; record operating income of $848.0 million and a record 38.0% of net sales; record net income of $604.0 million; and record EPS of $1.09 per diluted share. Our guidance provided on February 2, 2023 was for GAAP EPS of $1.07 to $1.09 per diluted share. On a Non-GAAP basis: record gross margin of 68.3%; record operating income of $1.064 billion and a record 47.6% of net sales; record net income of $907.8 million and record EPS

Record net sales of $2.169 billion, up 4.6% sequentially and up 23.4% from the year ago quarter. The midpoint of our guidance provided on November 3, 2022 was net sales of $2.156 billion. On a GAAP basis: record gross margin of 67.8%; record operating income of $811.6 million and a record 37.4% of net sales; record net income of $580.3 million; and record EPS of $1.04 per diluted share. Our guidance provided on November 3, 2022 was for GAAP EPS of $1.03 to $1.07 per diluted share. On a Non-GAAP basis: record gross margin of 68.1%; record operating income of $1.030 billion and a record 47.5% of net sales; record net income of $863.7 million and record EPS of $1.56 per diluted share. Our gui

CHANDLER, Ariz., Nov. 28, 2022 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, reiterated its quarterly guidance initially issued on November 3, 2022. Microchip expects consolidated net sales for the December 2022 quarter to be $2.135 billion to $2.177 billion, which would result in sequential growth of between 3.0% and 5.0%, or 22.7% year-over-year growth, at the mid-point of the guidance range. The Company also reaffirms its expectations for sequential revenue growth for the March 2023 quarter.   "We expect to deliver our 9th consecutive quarter of record revenue in the December 2022 q

Record net sales of $2.073 billion, up 5.6% sequentially and up 25.7% from the year ago quarter. The midpoint of our guidance provided on August 2, 2022 was net sales of $2.062 billion.On a GAAP basis: record gross margin of 67.4%; record operating income of $755.1 million and a record 36.4% of net sales; record net income of $546.2 million; and record EPS of $0.98 per diluted share. Our guidance provided on August 2, 2022 was for GAAP EPS of $0.94 to $0.95 per diluted share. On a Non-GAAP basis: record gross margin of 67.7%; record operating income of $971.4 million and a record 46.9% of net sales; record net income of $814.4 million and record EPS of $1.46 per diluted share. Our guidance p

Record net sales of $1.964 billion, up 6.5% sequentially and up 25.1% from the year ago quarter. The midpoint of our guidance provided on May 9, 2022 was net sales of $1.955 billion.On a GAAP basis: record gross margin of 66.7%; record operating income of $701.3 million and 35.7% of net sales; record net income of $507.2 million; and record EPS of $0.90 per diluted share. Our guidance provided on May 9, 2022 was for GAAP EPS of $0.85 to $0.86 per diluted share. On a Non-GAAP basis: record gross margin of 67.1%; record operating income of $894.9 million and a record 45.6% of net sales; record net income of $767.2 million and record EPS of $1.37 per diluted share. Our guidance pr

For the quarter ended March 31, 2022 Record net sales of $1.844 billion, up 4.9% sequentially and up 25.7% from the year ago quarter. The midpoint of our guidance provided on February 3, 2022 was net sales of $1.819 billion.On a GAAP basis: record gross margin of 66.2%; record operating income of $549.5 million and 29.8% of net sales; net income of $437.9 million; and EPS of $0.77 per diluted share. Our guidance provided on February 3, 2022 was for GAAP EPS of $0.66 to $0.68 per diluted share. On a Non-GAAP basis: record gross margin of 66.6%; record operating income of $824.9 million and a record 44.7% of net sales; record net income of $764.6 million and record EPS of $1.35 per diluted sh

Record net sales of $1.758 billion, up 6.5% sequentially and up 30.0% from the year ago quarter. The midpoint of our guidance provided on November 4, 2021 was net sales of $1.749 billion.On a GAAP basis: record gross margin of 65.6%; record operating income of $515.0 million and 29.3% of net sales; net income of $352.8 million; and EPS of $0.62 per diluted share. Our guidance provided on November 4, 2021 was for GAAP EPS of $0.58 to $0.60 per diluted share. Our guidance did not include the $16.1 million loss on debt settlement associated with our debt refinancing activities in the quarter.On a Non-GAAP basis: record gross margin of 66.1%; record operating income of $784.5 million and a recor

Record net sales of $1.650 billion, up 5.1% sequentially and up 26.0% from the year ago quarter. The midpoint of our guidance provided on August 3, 2021 was net sales of $1.648 billion.On a GAAP basis: record gross margin of 64.8%; record operating income of $416.3 million; net income of $242.0 million; and EPS of $0.43 per diluted share. Our guidance provided on August 3, 2021 was for GAAP EPS of $0.47 to $0.49 per diluted share on a split-adjusted basis. Our guidance did not include the $85.2 million loss on debt settlement associated with our debt refinancing activities in the quarter. On a Non-GAAP basis: record gross margin of 65.3%; record operating income of $700.7 million and a recor

Record net sales of $1.569 billion, up 7.0% sequentially and up 19.8% from the year ago quarter. The midpoint of our guidance provided on May 6, 2021 was net sales of $1.548 billion.On a GAAP basis: record gross margin of 64.2%; record operating income of $368.8 million; net income of $252.8 million; and EPS of $0.89 per diluted share. Our guidance provided on May 6, 2021 was for GAAP EPS of $0.75 to $0.79 per diluted share. On a Non-GAAP basis: record gross margin of 64.8%; record operating income of $655.1 million and a record 41.7% of net sales; record net income of $558.8 million and record EPS of $1.98 per diluted share. Our guidance provided on May 6, 2021 was for Non-GAAP EPS of $1.85

Net sales of $1.35 billion, up 3.3% sequentially and up 5.0% from the year ago quarter. The midpoint of our guidance provided on November 5, 2020 was net sales of $1.34 billion.On a GAAP basis: record gross margin of 62.6%; operating income of $245.6 million; net income of $36.2 million; and EPS of $0.13 per diluted share. Our guidance provided on November 5, 2020 was for GAAP EPS of $0.38 to $0.45 per diluted share. Our guidance did not include the $142.1 million loss on debt settlement associated with our debt refinancing activities.On a Non-GAAP basis: record gross margin of 63.0%; operating income of $538.1 million and a record 39.8% of net sales; net income of $444.9 million and EPS of