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Side-by-side financial comparison of Agilent Technologies (A) and Microchip Technology (MCHP). Click either name above to swap in a different company.
Agilent Technologies is the larger business by last-quarter revenue ($1.8B vs $1.2B, roughly 1.5× Microchip Technology). Agilent Technologies runs the higher net margin — 17.0% vs 5.3%, a 11.7% gap on every dollar of revenue. On growth, Microchip Technology posted the faster year-over-year revenue change (15.6% vs 7.0%). Microchip Technology produced more free cash flow last quarter ($318.9M vs $175.0M). Over the past eight quarters, Agilent Technologies's revenue compounded faster (6.9% CAGR vs -5.4%).
Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emissi...
Microchip Technology Incorporated is an American publicly traded semiconductor corporation that manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits.
A vs MCHP — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $1.2B |
| Net Profit | $305.0M | $62.7M |
| Gross Margin | 52.6% | 59.6% |
| Operating Margin | 19.6% | 12.8% |
| Net Margin | 17.0% | 5.3% |
| Revenue YoY | 7.0% | 15.6% |
| Net Profit YoY | -4.1% | 217.0% |
| EPS (diluted) | $1.07 | $0.06 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.9B | $1.2B | ||
| Q3 25 | $1.7B | $1.1B | ||
| Q2 25 | $1.7B | $1.1B | ||
| Q1 25 | $1.7B | $970.5M | ||
| Q4 24 | $1.7B | $1.0B | ||
| Q3 24 | $1.6B | $1.2B | ||
| Q2 24 | $1.6B | $1.2B |
| Q1 26 | $305.0M | — | ||
| Q4 25 | $434.0M | $62.7M | ||
| Q3 25 | $336.0M | $41.7M | ||
| Q2 25 | $215.0M | $-18.6M | ||
| Q1 25 | $318.0M | $-154.6M | ||
| Q4 24 | $351.0M | $-53.6M | ||
| Q3 24 | $282.0M | $78.4M | ||
| Q2 24 | $308.0M | $129.3M |
| Q1 26 | 52.6% | — | ||
| Q4 25 | 53.2% | 59.6% | ||
| Q3 25 | 51.1% | 55.9% | ||
| Q2 25 | 51.9% | 53.6% | ||
| Q1 25 | 53.5% | 51.6% | ||
| Q4 24 | 53.9% | 54.7% | ||
| Q3 24 | 54.2% | 57.4% | ||
| Q2 24 | 54.4% | 59.4% |
| Q1 26 | 19.6% | — | ||
| Q4 25 | 23.8% | 12.8% | ||
| Q3 25 | 20.7% | 7.8% | ||
| Q2 25 | 18.0% | 3.0% | ||
| Q1 25 | 22.4% | -10.3% | ||
| Q4 24 | 24.0% | 3.0% | ||
| Q3 24 | 21.1% | 12.6% | ||
| Q2 24 | 23.1% | 17.7% |
| Q1 26 | 17.0% | — | ||
| Q4 25 | 23.3% | 5.3% | ||
| Q3 25 | 19.3% | 3.7% | ||
| Q2 25 | 12.9% | -1.7% | ||
| Q1 25 | 18.9% | -15.9% | ||
| Q4 24 | 20.6% | -5.2% | ||
| Q3 24 | 17.9% | 6.7% | ||
| Q2 24 | 19.6% | 10.4% |
| Q1 26 | $1.07 | — | ||
| Q4 25 | $1.53 | $0.06 | ||
| Q3 25 | $1.18 | $0.03 | ||
| Q2 25 | $0.75 | $-0.09 | ||
| Q1 25 | $1.11 | $-0.29 | ||
| Q4 24 | $1.23 | $-0.10 | ||
| Q3 24 | $0.97 | $0.14 | ||
| Q2 24 | $1.05 | $0.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.8B | $250.7M |
| Total DebtLower is stronger | $3.0B | $5.4B |
| Stockholders' EquityBook value | $6.9B | $6.6B |
| Total Assets | $12.8B | $14.3B |
| Debt / EquityLower = less leverage | 0.44× | 0.82× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | $250.7M | ||
| Q3 25 | $1.5B | $236.8M | ||
| Q2 25 | $1.5B | $566.5M | ||
| Q1 25 | $1.5B | $771.7M | ||
| Q4 24 | $1.3B | $586.0M | ||
| Q3 24 | $1.8B | $286.1M | ||
| Q2 24 | $1.7B | $315.1M |
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.0B | $5.4B | ||
| Q3 25 | $3.4B | $5.4B | ||
| Q2 25 | $3.3B | $5.5B | ||
| Q1 25 | $3.3B | $5.6B | ||
| Q4 24 | $3.3B | $6.7B | ||
| Q3 24 | $2.1B | $6.4B | ||
| Q2 24 | $2.1B | $6.2B |
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.7B | $6.6B | ||
| Q3 25 | $6.4B | $6.7B | ||
| Q2 25 | $6.1B | $6.9B | ||
| Q1 25 | $6.0B | $7.1B | ||
| Q4 24 | $5.9B | $6.0B | ||
| Q3 24 | $5.9B | $6.3B | ||
| Q2 24 | $6.2B | $6.4B |
| Q1 26 | $12.8B | — | ||
| Q4 25 | $12.7B | $14.3B | ||
| Q3 25 | $12.2B | $14.5B | ||
| Q2 25 | $12.2B | $15.0B | ||
| Q1 25 | $11.9B | $15.4B | ||
| Q4 24 | $11.8B | $15.6B | ||
| Q3 24 | $11.0B | $15.6B | ||
| Q2 24 | $10.9B | $15.8B |
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.45× | 0.82× | ||
| Q3 25 | 0.53× | 0.80× | ||
| Q2 25 | 0.55× | 0.80× | ||
| Q1 25 | 0.56× | 0.80× | ||
| Q4 24 | 0.57× | 1.12× | ||
| Q3 24 | 0.36× | 1.02× | ||
| Q2 24 | 0.34× | 0.96× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $268.0M | $341.4M |
| Free Cash FlowOCF − Capex | $175.0M | $318.9M |
| FCF MarginFCF / Revenue | 9.7% | 26.9% |
| Capex IntensityCapex / Revenue | 5.2% | 1.9% |
| Cash ConversionOCF / Net Profit | 0.88× | 5.44× |
| TTM Free Cash FlowTrailing 4 quarters | $993.0M | $819.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $268.0M | — | ||
| Q4 25 | $545.0M | $341.4M | ||
| Q3 25 | $362.0M | $88.1M | ||
| Q2 25 | $221.0M | $275.6M | ||
| Q1 25 | $431.0M | $205.9M | ||
| Q4 24 | $481.0M | $271.5M | ||
| Q3 24 | $452.0M | $43.6M | ||
| Q2 24 | $333.0M | $377.1M |
| Q1 26 | $175.0M | — | ||
| Q4 25 | $452.0M | $318.9M | ||
| Q3 25 | $259.0M | $51.6M | ||
| Q2 25 | $107.0M | $257.7M | ||
| Q1 25 | $334.0M | $191.7M | ||
| Q4 24 | $388.0M | $253.4M | ||
| Q3 24 | $360.0M | $22.8M | ||
| Q2 24 | $230.0M | $304.2M |
| Q1 26 | 9.7% | — | ||
| Q4 25 | 24.3% | 26.9% | ||
| Q3 25 | 14.9% | 4.5% | ||
| Q2 25 | 6.4% | 24.0% | ||
| Q1 25 | 19.9% | 19.8% | ||
| Q4 24 | 22.8% | 24.7% | ||
| Q3 24 | 22.8% | 2.0% | ||
| Q2 24 | 14.6% | 24.5% |
| Q1 26 | 5.2% | — | ||
| Q4 25 | 5.0% | 1.9% | ||
| Q3 25 | 5.9% | 3.2% | ||
| Q2 25 | 6.8% | 1.7% | ||
| Q1 25 | 5.8% | 1.5% | ||
| Q4 24 | 5.5% | 1.8% | ||
| Q3 24 | 5.8% | 1.8% | ||
| Q2 24 | 6.5% | 5.9% |
| Q1 26 | 0.88× | — | ||
| Q4 25 | 1.26× | 5.44× | ||
| Q3 25 | 1.08× | 2.11× | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | 1.36× | — | ||
| Q4 24 | 1.37× | — | ||
| Q3 24 | 1.60× | 0.56× | ||
| Q2 24 | 1.08× | 2.92× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
A
| Service Other | $525.0M | 29% |
| Chemicaland Energy Market | $422.0M | 23% |
| Agilent Cross Lab | $273.0M | 15% |
| Environmentaland Forensics Market | $177.0M | 10% |
| Food Market | $166.0M | 9% |
| Academiaand Government Market | $130.0M | 7% |
| Applied Markets | $98.0M | 5% |
MCHP
| Mixed Signal Microcontrollers | $586.5M | 49% |
| Analog | $322.9M | 27% |
| Other Product Line | $276.6M | 23% |
