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Side-by-side financial comparison of AMN HEALTHCARE SERVICES INC (AMN) and Microchip Technology (MCHP). Click either name above to swap in a different company.

Microchip Technology is the larger business by last-quarter revenue ($1.2B vs $748.2M, roughly 1.6× AMN HEALTHCARE SERVICES INC). Microchip Technology runs the higher net margin — 5.3% vs -1.0%, a 6.3% gap on every dollar of revenue. On growth, Microchip Technology posted the faster year-over-year revenue change (15.6% vs 1.8%). Microchip Technology produced more free cash flow last quarter ($318.9M vs $67.6M). Over the past eight quarters, AMN HEALTHCARE SERVICES INC's revenue compounded faster (-4.5% CAGR vs -5.4%).

AMN Healthcare Services Inc. is a leading US healthcare sector workforce solutions and staffing provider. It offers temporary and permanent placement for nurses, physicians, allied health and other clinical/non-clinical staff, plus workforce management tools and consulting for hospitals, clinics and other medical facilities.

Microchip Technology Incorporated is an American publicly traded semiconductor corporation that manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits.

AMN vs MCHP — Head-to-Head

Bigger by revenue
MCHP
MCHP
1.6× larger
MCHP
$1.2B
$748.2M
AMN
Growing faster (revenue YoY)
MCHP
MCHP
+13.8% gap
MCHP
15.6%
1.8%
AMN
Higher net margin
MCHP
MCHP
6.3% more per $
MCHP
5.3%
-1.0%
AMN
More free cash flow
MCHP
MCHP
$251.3M more FCF
MCHP
$318.9M
$67.6M
AMN
Faster 2-yr revenue CAGR
AMN
AMN
Annualised
AMN
-4.5%
-5.4%
MCHP

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
AMN
AMN
MCHP
MCHP
Revenue
$748.2M
$1.2B
Net Profit
$-7.7M
$62.7M
Gross Margin
26.1%
59.6%
Operating Margin
1.1%
12.8%
Net Margin
-1.0%
5.3%
Revenue YoY
1.8%
15.6%
Net Profit YoY
95.9%
217.0%
EPS (diluted)
$-0.19
$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.

Revenue
AMN
AMN
MCHP
MCHP
Q4 25
$748.2M
$1.2B
Q3 25
$634.5M
$1.1B
Q2 25
$658.2M
$1.1B
Q1 25
$689.5M
$970.5M
Q4 24
$734.7M
$1.0B
Q3 24
$687.5M
$1.2B
Q2 24
$740.7M
$1.2B
Q1 24
$820.9M
$1.3B
Net Profit
AMN
AMN
MCHP
MCHP
Q4 25
$-7.7M
$62.7M
Q3 25
$29.3M
$41.7M
Q2 25
$-116.2M
$-18.6M
Q1 25
$-1.1M
$-154.6M
Q4 24
$-187.5M
$-53.6M
Q3 24
$7.0M
$78.4M
Q2 24
$16.2M
$129.3M
Q1 24
$17.3M
$154.7M
Gross Margin
AMN
AMN
MCHP
MCHP
Q4 25
26.1%
59.6%
Q3 25
29.1%
55.9%
Q2 25
29.8%
53.6%
Q1 25
28.7%
51.6%
Q4 24
29.8%
54.7%
Q3 24
31.0%
57.4%
Q2 24
31.0%
59.4%
Q1 24
31.4%
59.6%
Operating Margin
AMN
AMN
MCHP
MCHP
Q4 25
1.1%
12.8%
Q3 25
7.5%
7.8%
Q2 25
-18.8%
3.0%
Q1 25
1.8%
-10.3%
Q4 24
-27.6%
3.0%
Q3 24
3.2%
12.6%
Q2 24
5.1%
17.7%
Q1 24
4.9%
19.1%
Net Margin
AMN
AMN
MCHP
MCHP
Q4 25
-1.0%
5.3%
Q3 25
4.6%
3.7%
Q2 25
-17.7%
-1.7%
Q1 25
-0.2%
-15.9%
Q4 24
-25.5%
-5.2%
Q3 24
1.0%
6.7%
Q2 24
2.2%
10.4%
Q1 24
2.1%
11.7%
EPS (diluted)
AMN
AMN
MCHP
MCHP
Q4 25
$-0.19
$0.06
Q3 25
$0.76
$0.03
Q2 25
$-3.02
$-0.09
Q1 25
$-0.03
$-0.29
Q4 24
$-4.90
$-0.10
Q3 24
$0.18
$0.14
Q2 24
$0.42
$0.24
Q1 24
$0.45
$0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMN
AMN
MCHP
MCHP
Cash + ST InvestmentsLiquidity on hand
$34.0M
$250.7M
Total DebtLower is stronger
$767.1M
$5.4B
Stockholders' EquityBook value
$642.1M
$6.6B
Total Assets
$2.1B
$14.3B
Debt / EquityLower = less leverage
1.19×
0.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMN
AMN
MCHP
MCHP
Q4 25
$34.0M
$250.7M
Q3 25
$52.6M
$236.8M
Q2 25
$41.5M
$566.5M
Q1 25
$55.8M
$771.7M
Q4 24
$10.6M
$586.0M
Q3 24
$30.6M
$286.1M
Q2 24
$48.0M
$315.1M
Q1 24
$50.6M
$319.7M
Total Debt
AMN
AMN
MCHP
MCHP
Q4 25
$767.1M
$5.4B
Q3 25
$5.4B
Q2 25
$5.5B
Q1 25
$5.6B
Q4 24
$1.1B
$6.7B
Q3 24
$6.4B
Q2 24
$6.2B
Q1 24
$6.0B
Stockholders' Equity
AMN
AMN
MCHP
MCHP
Q4 25
$642.1M
$6.6B
Q3 25
$644.4M
$6.7B
Q2 25
$607.6M
$6.9B
Q1 25
$715.1M
$7.1B
Q4 24
$706.6M
$6.0B
Q3 24
$890.7M
$6.3B
Q2 24
$876.9M
$6.4B
Q1 24
$854.2M
$6.7B
Total Assets
AMN
AMN
MCHP
MCHP
Q4 25
$2.1B
$14.3B
Q3 25
$2.1B
$14.5B
Q2 25
$2.2B
$15.0B
Q1 25
$2.4B
$15.4B
Q4 24
$2.4B
$15.6B
Q3 24
$2.7B
$15.6B
Q2 24
$2.8B
$15.8B
Q1 24
$2.9B
$15.9B
Debt / Equity
AMN
AMN
MCHP
MCHP
Q4 25
1.19×
0.82×
Q3 25
0.80×
Q2 25
0.80×
Q1 25
0.80×
Q4 24
1.49×
1.12×
Q3 24
1.02×
Q2 24
0.96×
Q1 24
0.90×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMN
AMN
MCHP
MCHP
Operating Cash FlowLast quarter
$75.6M
$341.4M
Free Cash FlowOCF − Capex
$67.6M
$318.9M
FCF MarginFCF / Revenue
9.0%
26.9%
Capex IntensityCapex / Revenue
1.1%
1.9%
Cash ConversionOCF / Net Profit
5.44×
TTM Free Cash FlowTrailing 4 quarters
$233.8M
$819.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMN
AMN
MCHP
MCHP
Q4 25
$75.6M
$341.4M
Q3 25
$22.7M
$88.1M
Q2 25
$78.5M
$275.6M
Q1 25
$92.7M
$205.9M
Q4 24
$72.8M
$271.5M
Q3 24
$66.7M
$43.6M
Q2 24
$99.5M
$377.1M
Q1 24
$81.4M
$430.0M
Free Cash Flow
AMN
AMN
MCHP
MCHP
Q4 25
$67.6M
$318.9M
Q3 25
$14.8M
$51.6M
Q2 25
$68.7M
$257.7M
Q1 25
$82.7M
$191.7M
Q4 24
$56.6M
$253.4M
Q3 24
$47.4M
$22.8M
Q2 24
$72.2M
$304.2M
Q1 24
$63.2M
$389.9M
FCF Margin
AMN
AMN
MCHP
MCHP
Q4 25
9.0%
26.9%
Q3 25
2.3%
4.5%
Q2 25
10.4%
24.0%
Q1 25
12.0%
19.8%
Q4 24
7.7%
24.7%
Q3 24
6.9%
2.0%
Q2 24
9.8%
24.5%
Q1 24
7.7%
29.4%
Capex Intensity
AMN
AMN
MCHP
MCHP
Q4 25
1.1%
1.9%
Q3 25
1.2%
3.2%
Q2 25
1.5%
1.7%
Q1 25
1.4%
1.5%
Q4 24
2.2%
1.8%
Q3 24
2.8%
1.8%
Q2 24
3.7%
5.9%
Q1 24
2.2%
3.0%
Cash Conversion
AMN
AMN
MCHP
MCHP
Q4 25
5.44×
Q3 25
0.77×
2.11×
Q2 25
Q1 25
Q4 24
Q3 24
9.54×
0.56×
Q2 24
6.13×
2.92×
Q1 24
4.70×
2.78×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMN
AMN

Travel Nurse Staffing$208.3M28%
Allied Staffing$146.9M20%
Labor Disruption Services$124.3M17%
Technology And Workforce Solutions$88.0M12%
Language Services$69.9M9%
Other$29.6M4%
International Nurse Staffing$29.6M4%
Interim Leadership Staffing$24.1M3%
Vendor Management Systems$16.3M2%
Local Staffing$8.6M1%
International Nurse Permanent Placement$2.6M0%

MCHP
MCHP

Mixed Signal Microcontrollers$586.5M49%
Analog$322.9M27%
Other Product Line$276.6M23%

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