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

KeyCorp is the larger business by last-quarter revenue ($2.0B vs $1.2B, roughly 1.7× Microchip Technology). KeyCorp runs the higher net margin — 25.4% vs 5.3%, a 20.1% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs 15.6%). KeyCorp produced more free cash flow last quarter ($2.1B vs $318.9M). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% CAGR vs -5.4%).

Key is a Japanese visual novel studio known for making dramatic and plot-oriented titles. It was formed on July 21, 1998, as a brand under the publisher Visual Arts, and is located in Kita, Osaka.

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

KEY vs MCHP — Head-to-Head

Bigger by revenue
KEY
KEY
1.7× larger
KEY
$2.0B
$1.2B
MCHP
Growing faster (revenue YoY)
KEY
KEY
+116.2% gap
KEY
131.8%
15.6%
MCHP
Higher net margin
KEY
KEY
20.1% more per $
KEY
25.4%
5.3%
MCHP
More free cash flow
KEY
KEY
$1.8B more FCF
KEY
$2.1B
$318.9M
MCHP
Faster 2-yr revenue CAGR
KEY
KEY
Annualised
KEY
14.4%
-5.4%
MCHP

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
KEY
KEY
MCHP
MCHP
Revenue
$2.0B
$1.2B
Net Profit
$510.0M
$62.7M
Gross Margin
59.6%
Operating Margin
32.3%
12.8%
Net Margin
25.4%
5.3%
Revenue YoY
131.8%
15.6%
Net Profit YoY
309.0%
217.0%
EPS (diluted)
$0.43
$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
KEY
KEY
MCHP
MCHP
Q4 25
$2.0B
$1.2B
Q3 25
$1.9B
$1.1B
Q2 25
$1.8B
$1.1B
Q1 25
$1.8B
$970.5M
Q4 24
$865.0M
$1.0B
Q3 24
$695.0M
$1.2B
Q2 24
$1.5B
$1.2B
Q1 24
$1.5B
$1.3B
Net Profit
KEY
KEY
MCHP
MCHP
Q4 25
$510.0M
$62.7M
Q3 25
$489.0M
$41.7M
Q2 25
$425.0M
$-18.6M
Q1 25
$405.0M
$-154.6M
Q4 24
$-244.0M
$-53.6M
Q3 24
$-410.0M
$78.4M
Q2 24
$274.0M
$129.3M
Q1 24
$219.0M
$154.7M
Gross Margin
KEY
KEY
MCHP
MCHP
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 24
59.6%
Operating Margin
KEY
KEY
MCHP
MCHP
Q4 25
32.3%
12.8%
Q3 25
31.8%
7.8%
Q2 25
29.3%
3.0%
Q1 25
29.0%
-10.3%
Q4 24
-92.6%
3.0%
Q3 24
-72.8%
12.6%
Q2 24
22.0%
17.7%
Q1 24
18.1%
19.1%
Net Margin
KEY
KEY
MCHP
MCHP
Q4 25
25.4%
5.3%
Q3 25
25.8%
3.7%
Q2 25
23.1%
-1.7%
Q1 25
22.8%
-15.9%
Q4 24
-54.7%
-5.2%
Q3 24
-59.0%
6.7%
Q2 24
18.0%
10.4%
Q1 24
14.3%
11.7%
EPS (diluted)
KEY
KEY
MCHP
MCHP
Q4 25
$0.43
$0.06
Q3 25
$0.41
$0.03
Q2 25
$0.35
$-0.09
Q1 25
$0.33
$-0.29
Q4 24
$-0.30
$-0.10
Q3 24
$-0.47
$0.14
Q2 24
$0.25
$0.24
Q1 24
$0.20
$0.29

Balance Sheet & Financial Strength

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

Metric
KEY
KEY
MCHP
MCHP
Cash + ST InvestmentsLiquidity on hand
$10.2B
$250.7M
Total DebtLower is stronger
$9.9B
$5.4B
Stockholders' EquityBook value
$20.4B
$6.6B
Total Assets
$184.4B
$14.3B
Debt / EquityLower = less leverage
0.49×
0.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KEY
KEY
MCHP
MCHP
Q4 25
$10.2B
$250.7M
Q3 25
$13.3B
$236.8M
Q2 25
$11.6B
$566.5M
Q1 25
$15.3B
$771.7M
Q4 24
$17.5B
$586.0M
Q3 24
$22.8B
$286.1M
Q2 24
$15.5B
$315.1M
Q1 24
$13.2B
$319.7M
Total Debt
KEY
KEY
MCHP
MCHP
Q4 25
$9.9B
$5.4B
Q3 25
$10.9B
$5.4B
Q2 25
$12.1B
$5.5B
Q1 25
$12.4B
$5.6B
Q4 24
$12.1B
$6.7B
Q3 24
$15.7B
$6.4B
Q2 24
$16.9B
$6.2B
Q1 24
$20.8B
$6.0B
Stockholders' Equity
KEY
KEY
MCHP
MCHP
Q4 25
$20.4B
$6.6B
Q3 25
$20.1B
$6.7B
Q2 25
$19.5B
$6.9B
Q1 25
$19.0B
$7.1B
Q4 24
$18.2B
$6.0B
Q3 24
$16.9B
$6.3B
Q2 24
$14.8B
$6.4B
Q1 24
$14.5B
$6.7B
Total Assets
KEY
KEY
MCHP
MCHP
Q4 25
$184.4B
$14.3B
Q3 25
$187.4B
$14.5B
Q2 25
$185.5B
$15.0B
Q1 25
$188.7B
$15.4B
Q4 24
$187.2B
$15.6B
Q3 24
$189.8B
$15.6B
Q2 24
$187.4B
$15.8B
Q1 24
$187.5B
$15.9B
Debt / Equity
KEY
KEY
MCHP
MCHP
Q4 25
0.49×
0.82×
Q3 25
0.54×
0.80×
Q2 25
0.62×
0.80×
Q1 25
0.65×
0.80×
Q4 24
0.67×
1.12×
Q3 24
0.93×
1.02×
Q2 24
1.14×
0.96×
Q1 24
1.43×
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
KEY
KEY
MCHP
MCHP
Operating Cash FlowLast quarter
$2.2B
$341.4M
Free Cash FlowOCF − Capex
$2.1B
$318.9M
FCF MarginFCF / Revenue
104.8%
26.9%
Capex IntensityCapex / Revenue
5.3%
1.9%
Cash ConversionOCF / Net Profit
4.33×
5.44×
TTM Free Cash FlowTrailing 4 quarters
$3.5B
$819.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KEY
KEY
MCHP
MCHP
Q4 25
$2.2B
$341.4M
Q3 25
$396.0M
$88.1M
Q2 25
$1.2B
$275.6M
Q1 25
$-140.0M
$205.9M
Q4 24
$664.0M
$271.5M
Q3 24
$-1.2B
$43.6M
Q2 24
$-217.0M
$377.1M
Q1 24
$359.0M
$430.0M
Free Cash Flow
KEY
KEY
MCHP
MCHP
Q4 25
$2.1B
$318.9M
Q3 25
$367.0M
$51.6M
Q2 25
$1.2B
$257.7M
Q1 25
$-150.0M
$191.7M
Q4 24
$599.0M
$253.4M
Q3 24
$-1.2B
$22.8M
Q2 24
$-230.0M
$304.2M
Q1 24
$347.0M
$389.9M
FCF Margin
KEY
KEY
MCHP
MCHP
Q4 25
104.8%
26.9%
Q3 25
19.4%
4.5%
Q2 25
65.8%
24.0%
Q1 25
-8.5%
19.8%
Q4 24
69.2%
24.7%
Q3 24
-175.8%
2.0%
Q2 24
-15.1%
24.5%
Q1 24
22.6%
29.4%
Capex Intensity
KEY
KEY
MCHP
MCHP
Q4 25
5.3%
1.9%
Q3 25
1.5%
3.2%
Q2 25
1.3%
1.7%
Q1 25
0.6%
1.5%
Q4 24
7.5%
1.8%
Q3 24
2.4%
1.8%
Q2 24
0.9%
5.9%
Q1 24
0.8%
3.0%
Cash Conversion
KEY
KEY
MCHP
MCHP
Q4 25
4.33×
5.44×
Q3 25
0.81×
2.11×
Q2 25
2.90×
Q1 25
-0.35×
Q4 24
Q3 24
0.56×
Q2 24
-0.79×
2.92×
Q1 24
1.64×
2.78×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KEY
KEY

Segment breakdown not available.

MCHP
MCHP

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

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