Microchip TechnologyMCHPEarnings & Financial Report
Microchip Technology Incorporated is an American publicly traded semiconductor corporation that manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits.
Revenue
$1.1B
Gross Profit
$637.9M
Operating Profit
$88.9M
Net Profit
$41.7M
Gross Margin
55.9%
Operating Margin
7.8%
Net Margin
3.7%
YoY Growth
-2.0%
EPS
$0.03
Microchip Technology Q2 FY2026 Financial Summary
Microchip Technology reported revenue of $1.1B (down 2.0% YoY) for Q2 FY2026, with a net profit of $41.7M (down 46.8% YoY) (3.7% margin). Cost of goods sold was $502.5M, operating expenses totaled $549.0M.
Key Financial Metrics
| Total Revenue | $1.1B |
|---|---|
| Net Profit | $41.7M |
| Gross Margin | 55.9% |
| Operating Margin | 7.8% |
| Report Period | Q2 FY2026 |
Revenue Breakdown
Microchip Technology Q2 FY2026 revenue of $1.1B breaks down across 5 segments, led by Sales Channel Through Intermediary at $515.9M (45.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sales Channel Through Intermediary | $515.9M | 45.2% |
| Analog | $321.5M | 28.2% |
| Other Product Line | $234.4M | 20.6% |
| Other | $36.2M | 3.2% |
| Technology Licensing | $32.4M | 2.8% |
Microchip Technology Revenue by Segment — Quarterly Trend
Microchip Technology revenue by segment across the last 4 reported quarters, showing how each business line (such as Sales Channel Through Intermediary and Analog) has evolved quarter over quarter.
| Segment | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 |
|---|---|---|---|---|
| Sales Channel Through Intermediary | — | — | $515.9M | $507.0M |
| Analog | — | $322.9M | $321.5M | $316.2M |
| Other Product Line | — | $276.6M | $234.4M | $226.7M |
| Other | — | — | $36.2M | — |
| Technology Licensing | — | — | $32.4M | $33.0M |
Microchip Technology Annual Revenue by Year
Microchip Technology annual revenue history includes year-by-year totals (for example, 2026 revenue was $4.7B).
| Year | Annual Revenue |
|---|---|
| 2026 | $4.7B |
| 2025 | $4.4B |
| 2024 | $7.6B |
| 2023 | $8.4B |
| 2022 | $6.8B |
Microchip Technology Quarterly Revenue & Net Profit History
Microchip Technology results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2026 | $1.3B | -72.2% | $144.2M | 11.0% |
| Q3 FY2026 | $1.2B | +15.6% | $62.7M | 5.3% |
| Q2 FY2026 | $1.1B | -2.0% | $41.7M | 3.7% |
| Q1 FY2026 | $1.1B | -13.4% | $-18.6M | -1.7% |
| Q4 FY2025 | $970.5M | -26.8% | $-154.6M | -15.9% |
| Q3 FY2025 | $1.0B | -41.9% | $-53.6M | -5.2% |
| Q2 FY2025 | $1.2B | -48.4% | $78.4M | 6.7% |
| Q1 FY2025 | $1.2B | -45.8% | $129.3M | 10.4% |
Income Statement
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.24B | $1.16B | $1.03B | $970.5M | $1.08B | $1.14B | $1.19B | $1.31B |
| YoY Growth | -45.8% | -48.4% | -41.9% | -26.8% | -13.4% | -2.0% | 15.6% | -72.2% |
Balance Sheet
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $15.84B | $15.62B | $15.63B | $15.37B | $14.98B | $14.47B | $14.33B | $14.37B |
| Liabilities | $9.43B | $9.35B | $9.60B | $8.30B | N/A | N/A | N/A | $7.94B |
| Equity | $6.41B | $6.28B | $6.03B | $7.08B | $6.86B | $6.70B | $6.56B | $6.43B |
Cash Flow
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $377.1M | $43.6M | $271.5M | $205.9M | $275.6M | $88.1M | $341.4M |