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Side-by-side financial comparison of BOYD GAMING CORP (BYD) and Microchip Technology (MCHP). Click either name above to swap in a different company.
Microchip Technology is the larger business by last-quarter revenue ($1.3B vs $997.4M, roughly 1.3× BOYD GAMING CORP). Microchip Technology runs the higher net margin — 11.0% vs 10.5%, a 0.5% gap on every dollar of revenue. On growth, BOYD GAMING CORP posted the faster year-over-year revenue change (0.6% vs -72.2%). Over the past eight quarters, Microchip Technology's revenue compounded faster (2.8% CAGR vs 1.5%).
Boyd Gaming Corporation is an American gambling and hospitality company based in Paradise, Nevada, US.
Microchip Technology Incorporated is an American publicly traded semiconductor corporation that manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits.
BYD vs MCHP — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2026
| Metric | | |
|---|---|---|
| Revenue | $997.4M | $1.3B |
| Net Profit | $104.3M | $144.2M |
| Gross Margin | — | 61.0% |
| Operating Margin | 16.4% | 16.6% |
| Net Margin | 10.5% | 11.0% |
| Revenue YoY | 0.6% | -72.2% |
| Net Profit YoY | -5.9% | 8.9% |
| EPS (diluted) | $1.37 | $0.21 |
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 | $997.4M | $1.3B | ||
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.0B | $1.1B | ||
| Q2 25 | $1.0B | $1.1B | ||
| Q1 25 | $991.6M | $970.5M | ||
| Q4 24 | $1.0B | $1.0B | ||
| Q3 24 | $961.2M | $1.2B | ||
| Q2 24 | $967.5M | $1.2B |
| Q1 26 | $104.3M | $144.2M | ||
| Q4 25 | $140.4M | $62.7M | ||
| Q3 25 | $1.4B | $41.7M | ||
| Q2 25 | $151.5M | $-18.6M | ||
| Q1 25 | $111.4M | $-154.6M | ||
| Q4 24 | $170.5M | $-53.6M | ||
| Q3 24 | $131.1M | $78.4M | ||
| Q2 24 | $139.8M | $129.3M |
| Q1 26 | — | 61.0% | ||
| Q4 25 | — | 59.6% | ||
| Q3 25 | — | 55.9% | ||
| Q2 25 | — | 53.6% | ||
| Q1 25 | — | 51.6% | ||
| Q4 24 | — | 54.7% | ||
| Q3 24 | — | 57.4% | ||
| Q2 24 | — | 59.4% |
| Q1 26 | 16.4% | 16.6% | ||
| Q4 25 | 15.7% | 12.8% | ||
| Q3 25 | 13.9% | 7.8% | ||
| Q2 25 | 23.4% | 3.0% | ||
| Q1 25 | 20.2% | -10.3% | ||
| Q4 24 | 25.1% | 3.0% | ||
| Q3 24 | 22.9% | 12.6% | ||
| Q2 24 | 23.5% | 17.7% |
| Q1 26 | 10.5% | 11.0% | ||
| Q4 25 | 13.2% | 5.3% | ||
| Q3 25 | 143.4% | 3.7% | ||
| Q2 25 | 14.6% | -1.7% | ||
| Q1 25 | 11.2% | -15.9% | ||
| Q4 24 | 16.4% | -5.2% | ||
| Q3 24 | 13.6% | 6.7% | ||
| Q2 24 | 14.5% | 10.4% |
| Q1 26 | $1.37 | $0.21 | ||
| Q4 25 | $1.60 | $0.06 | ||
| Q3 25 | $17.81 | $0.03 | ||
| Q2 25 | $1.84 | $-0.09 | ||
| Q1 25 | $1.31 | $-0.29 | ||
| Q4 24 | $1.89 | $-0.10 | ||
| Q3 24 | $1.43 | $0.14 | ||
| Q2 24 | $1.47 | $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 | — | $240.3M |
| Total DebtLower is stronger | — | $5.5B |
| Stockholders' EquityBook value | — | $6.4B |
| Total Assets | — | $14.4B |
| Debt / EquityLower = less leverage | — | 0.85× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $240.3M | ||
| Q4 25 | $353.4M | $250.7M | ||
| Q3 25 | $319.1M | $236.8M | ||
| Q2 25 | $320.1M | $566.5M | ||
| Q1 25 | $311.5M | $771.7M | ||
| Q4 24 | $316.7M | $586.0M | ||
| Q3 24 | $286.3M | $286.1M | ||
| Q2 24 | $280.8M | $315.1M |
| Q1 26 | — | $5.5B | ||
| Q4 25 | — | $5.4B | ||
| Q3 25 | — | $5.4B | ||
| Q2 25 | $3.6B | $5.5B | ||
| Q1 25 | $3.5B | $5.6B | ||
| Q4 24 | $3.2B | $6.7B | ||
| Q3 24 | $3.1B | $6.4B | ||
| Q2 24 | $3.0B | $6.2B |
| Q1 26 | — | $6.4B | ||
| Q4 25 | $2.6B | $6.6B | ||
| Q3 25 | $2.7B | $6.7B | ||
| Q2 25 | $1.4B | $6.9B | ||
| Q1 25 | $1.3B | $7.1B | ||
| Q4 24 | $1.6B | $6.0B | ||
| Q3 24 | $1.6B | $6.3B | ||
| Q2 24 | $1.7B | $6.4B |
| Q1 26 | — | $14.4B | ||
| Q4 25 | $6.6B | $14.3B | ||
| Q3 25 | $6.5B | $14.5B | ||
| Q2 25 | $6.6B | $15.0B | ||
| Q1 25 | $6.5B | $15.4B | ||
| Q4 24 | $6.4B | $15.6B | ||
| Q3 24 | $6.3B | $15.6B | ||
| Q2 24 | $6.3B | $15.8B |
| Q1 26 | — | 0.85× | ||
| Q4 25 | — | 0.82× | ||
| Q3 25 | — | 0.80× | ||
| Q2 25 | 2.56× | 0.80× | ||
| Q1 25 | 2.61× | 0.80× | ||
| Q4 24 | 2.01× | 1.12× | ||
| Q3 24 | 1.88× | 1.02× | ||
| Q2 24 | 1.73× | 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 | — | — |
| Free Cash FlowOCF − Capex | — | $242.8M |
| FCF MarginFCF / Revenue | — | 18.5% |
| Capex IntensityCapex / Revenue | — | 1.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $871.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $275.3M | $341.4M | ||
| Q3 25 | $240.0M | $88.1M | ||
| Q2 25 | $205.0M | $275.6M | ||
| Q1 25 | $256.4M | $205.9M | ||
| Q4 24 | $262.1M | $271.5M | ||
| Q3 24 | $231.2M | $43.6M | ||
| Q2 24 | $213.1M | $377.1M |
| Q1 26 | — | $242.8M | ||
| Q4 25 | $127.0M | $318.9M | ||
| Q3 25 | $94.4M | $51.6M | ||
| Q2 25 | $80.6M | $257.7M | ||
| Q1 25 | $86.5M | $191.7M | ||
| Q4 24 | $150.9M | $253.4M | ||
| Q3 24 | $146.0M | $22.8M | ||
| Q2 24 | $98.7M | $304.2M |
| Q1 26 | — | 18.5% | ||
| Q4 25 | 12.0% | 26.9% | ||
| Q3 25 | 9.4% | 4.5% | ||
| Q2 25 | 7.8% | 24.0% | ||
| Q1 25 | 8.7% | 19.8% | ||
| Q4 24 | 14.5% | 24.7% | ||
| Q3 24 | 15.2% | 2.0% | ||
| Q2 24 | 10.2% | 24.5% |
| Q1 26 | — | 1.1% | ||
| Q4 25 | 14.0% | 1.9% | ||
| Q3 25 | 14.5% | 3.2% | ||
| Q2 25 | 12.0% | 1.7% | ||
| Q1 25 | 17.1% | 1.5% | ||
| Q4 24 | 10.7% | 1.8% | ||
| Q3 24 | 8.9% | 1.8% | ||
| Q2 24 | 11.8% | 5.9% |
| Q1 26 | — | — | ||
| Q4 25 | 1.96× | 5.44× | ||
| Q3 25 | 0.17× | 2.11× | ||
| Q2 25 | 1.35× | — | ||
| Q1 25 | 2.30× | — | ||
| Q4 24 | 1.54× | — | ||
| Q3 24 | 1.76× | 0.56× | ||
| Q2 24 | 1.52× | 2.92× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BYD
| Gaming | $650.5M | 65% |
| Online reimbursements | $135.4M | 14% |
| Food & beverage | $75.8M | 8% |
| Other | $63.5M | 6% |
| Room | $45.9M | 5% |
| Management fee | $26.2M | 3% |
MCHP
Segment breakdown not available.
