Microchip Technology Inc (MCHP) Financials
Key financial figures for Microchip Technology Inc (Q2 2027).
Net sales of $1.622 billion rose 42.2% year over year and finished above the high end of the guidance given on August 6, 2026, with non-GAAP EPS of $0.97 against a $0.91 to $0.95 range. Net sales were $1.6215 billion, up 42.2% from $1.140 billion a year earlier and up 9.2% sequentially; the prior guidance midpoint was $1.604 billion (range $1.589 to $1.618 billion), so the print landed above the top of the range. Non-GAAP diluted EPS was $0.97 versus the company's own guidance of $0.91 to $0.95, and $0.35 in the year-ago quarter. GAAP diluted EPS was $0.68 versus guidance of $0.53 to $0.54, and $0.03 a year earlier. On the outlook: For the December quarter (Q3 FY2027) management guided net sales of $1.573 to $1.638 billion (down 3% to up 1% sequentially, midpoint down 1%, about 35.4% above the year-ago quarter), non-GAAP gross margin of 64.0% to 65.0% (GAAP 62.9% to 63.9%), non-GAAP operating expenses of 26.5% to 27.0% of net sales, non-GAAP EPS of $0.87 to $0.95 and GAAP EPS of $0.47 to $0.50; capital expenditures of about $35 million for the quarter and about $100 million for fiscal 2027. Figures are for Q2 FY2027, as Microchip Technology Incorporated reported them.
- Revenue
- $1.6B
- Net Income
- $401M
- EPS
- $0.69
- Total Assets
- $14.7B
- Operating Cash Flow
- $419M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2027 | $1.6B | $401M | $0.68 | 28.65% | $396M |
| Q1 FY2027 | $1.5B | $230M | $0.37 | 22.68% | $498M |
| Q4 FY2026 | $1.3B | $144M | $0.21 | 16.1% | $243M |
| Q3 FY2026 | $1.2B | $35M | $0.06 | 12.79% | $319M |
| Q2 FY2026 | $1.1B | $42M | $0.03 | 7.8% | $52M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2026 | $4.7B | $202M | $0.26 | 10.4% | $871M |
| FY2025 | $4.4B | -$500K | -$0.01 | 6.73% | $772M |
| FY2024 | $7.6B | $1.9B | $3.48 | 33.68% | $2.6B |
Frequently asked questions
What was Microchip Technology Incorporated's revenue last quarter?
Microchip Technology Incorporated reported revenue of $1.62 billion for Q2 FY2027, up 42.2% from the same period a year earlier.
Is Microchip Technology Incorporated profitable?
Yes. Microchip Technology Incorporated reported net income of $401.4 million for Q2 FY2027, a net margin of 24.75% on revenue.
How has Microchip Technology Incorporated's margin trended?
Operating margin was 28.65% in Q2 FY2027, compared with 7.8% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Microchip Technology Incorporated generate?
Microchip Technology Incorporated generated free cash flow of $396.1 million in Q2 FY2027, after capital expenditure.
Full income statement, balance sheet and cash flow for Microchip Technology Inc on SentiSense, with up to forty quarters and twenty fiscal years of history.