Microchip Technology Inc (MCHP) Financials
Key financial figures for Microchip Technology Inc (Q1 2027).
Microchip Technology reported Q1 FY2027 net sales of $1.485 billion, up 38.0% year over year and 13.2% sequentially, above the high end of its own guidance. Net sales of $1.485B beat the high end of guidance (midpoint was $1.456B); GAAP diluted EPS of $0.37 and non-GAAP diluted EPS of $0.76 also beat management's own guidance ranges ($0.28-$0.29 GAAP, $0.67-$0.71 non-GAAP). Non-GAAP gross margin expanded sequentially to 63.8%, above the high end of guidance, on improving factory utilization; non-GAAP operating income rose to $521.1 million (35.1% of net sales) from $400.9 million in Q4 FY2026. On the outlook: Q2 FY2027 (September quarter): net sales of $1.589 to $1.618 billion, non-GAAP diluted EPS of $0.91 to $0.95, GAAP diluted EPS of $0.53 to $0.54. Figures are for Q1 FY2027, as Microchip Technology Incorporated reported them.
- Revenue
- $1.5B
- Net Income
- $230M
- EPS
- $0.37
- Total Assets
- $14.4B
- Operating Cash Flow
- $512M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| 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 | $0.08 | 8.35% | $52M |
| Q1 FY2026 | $1.1B | -$19M | -$0.09 | 2.98% | $258M |
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 $1.48 billion for Q1 FY2027, up 38.0% from the same period a year earlier.
Is Microchip Technology Incorporated profitable?
Yes. Microchip Technology Incorporated reported net income of $229.8 million for Q1 FY2027, a net margin of 15.48% on revenue.
How has Microchip Technology Incorporated's margin trended?
Operating margin was 22.68% in Q1 FY2027, compared with 2.98% 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 $497.6 million in Q1 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.