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Side-by-side financial comparison of Microchip Technology (MCHP) and NEXSTAR MEDIA GROUP, INC. (NXST). Click either name above to swap in a different company.

NEXSTAR MEDIA GROUP, INC. is the larger business by last-quarter revenue ($1.3B vs $1.2B, roughly 1.1× Microchip Technology). Microchip Technology runs the higher net margin — 5.3% vs -12.9%, a 18.2% gap on every dollar of revenue. On growth, Microchip Technology posted the faster year-over-year revenue change (15.6% vs -13.4%). Microchip Technology produced more free cash flow last quarter ($318.9M vs $136.0M). Over the past eight quarters, NEXSTAR MEDIA GROUP, INC.'s revenue compounded faster (0.2% CAGR vs -5.4%).

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

Nexstar Media Group, Inc. is an American publicly traded media company with headquarters in Irving, Texas; Midtown Manhattan; and Chicago. Founded on June 17, 1996, the company is the largest television station owner in the United States, owning 197 television stations across the United States, most of which are affiliated with the four major American television networks and MyNetworkTV in markets as large as New York City and as small as San Angelo, Texas. It also operates all of the station...

MCHP vs NXST — Head-to-Head

Bigger by revenue
NXST
NXST
1.1× larger
NXST
$1.3B
$1.2B
MCHP
Growing faster (revenue YoY)
MCHP
MCHP
+29.0% gap
MCHP
15.6%
-13.4%
NXST
Higher net margin
MCHP
MCHP
18.2% more per $
MCHP
5.3%
-12.9%
NXST
More free cash flow
MCHP
MCHP
$182.9M more FCF
MCHP
$318.9M
$136.0M
NXST
Faster 2-yr revenue CAGR
NXST
NXST
Annualised
NXST
0.2%
-5.4%
MCHP

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
MCHP
MCHP
NXST
NXST
Revenue
$1.2B
$1.3B
Net Profit
$62.7M
$-166.0M
Gross Margin
59.6%
Operating Margin
12.8%
18.7%
Net Margin
5.3%
-12.9%
Revenue YoY
15.6%
-13.4%
Net Profit YoY
217.0%
-168.6%
EPS (diluted)
$0.06
$-5.57

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
MCHP
MCHP
NXST
NXST
Q4 25
$1.2B
$1.3B
Q3 25
$1.1B
$1.2B
Q2 25
$1.1B
$1.2B
Q1 25
$970.5M
$1.2B
Q4 24
$1.0B
$1.5B
Q3 24
$1.2B
$1.4B
Q2 24
$1.2B
$1.3B
Q1 24
$1.3B
$1.3B
Net Profit
MCHP
MCHP
NXST
NXST
Q4 25
$62.7M
$-166.0M
Q3 25
$41.7M
$70.0M
Q2 25
$-18.6M
$97.0M
Q1 25
$-154.6M
$108.0M
Q4 24
$-53.6M
$242.0M
Q3 24
$78.4M
$187.0M
Q2 24
$129.3M
$118.0M
Q1 24
$154.7M
$175.0M
Gross Margin
MCHP
MCHP
NXST
NXST
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
MCHP
MCHP
NXST
NXST
Q4 25
12.8%
18.7%
Q3 25
7.8%
14.6%
Q2 25
3.0%
17.3%
Q1 25
-10.3%
17.8%
Q4 24
3.0%
28.1%
Q3 24
12.6%
24.5%
Q2 24
17.7%
18.9%
Q1 24
19.1%
21.4%
Net Margin
MCHP
MCHP
NXST
NXST
Q4 25
5.3%
-12.9%
Q3 25
3.7%
5.8%
Q2 25
-1.7%
7.9%
Q1 25
-15.9%
8.8%
Q4 24
-5.2%
16.3%
Q3 24
6.7%
13.7%
Q2 24
10.4%
9.3%
Q1 24
11.7%
13.6%
EPS (diluted)
MCHP
MCHP
NXST
NXST
Q4 25
$0.06
$-5.57
Q3 25
$0.03
$2.14
Q2 25
$-0.09
$3.06
Q1 25
$-0.29
$3.37
Q4 24
$-0.10
$7.44
Q3 24
$0.14
$5.27
Q2 24
$0.24
$3.54
Q1 24
$0.29
$5.16

Balance Sheet & Financial Strength

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

Metric
MCHP
MCHP
NXST
NXST
Cash + ST InvestmentsLiquidity on hand
$250.7M
$280.0M
Total DebtLower is stronger
$5.4B
$6.3B
Stockholders' EquityBook value
$6.6B
$2.1B
Total Assets
$14.3B
$10.8B
Debt / EquityLower = less leverage
0.82×
3.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MCHP
MCHP
NXST
NXST
Q4 25
$250.7M
$280.0M
Q3 25
$236.8M
$236.0M
Q2 25
$566.5M
$234.0M
Q1 25
$771.7M
$253.0M
Q4 24
$586.0M
$144.0M
Q3 24
$286.1M
$181.0M
Q2 24
$315.1M
$146.0M
Q1 24
$319.7M
$237.0M
Total Debt
MCHP
MCHP
NXST
NXST
Q4 25
$5.4B
$6.3B
Q3 25
$5.4B
$6.4B
Q2 25
$5.5B
$6.4B
Q1 25
$5.6B
$6.5B
Q4 24
$6.7B
$6.5B
Q3 24
$6.4B
$6.7B
Q2 24
$6.2B
$6.8B
Q1 24
$6.0B
$6.8B
Stockholders' Equity
MCHP
MCHP
NXST
NXST
Q4 25
$6.6B
$2.1B
Q3 25
$6.7B
$2.3B
Q2 25
$6.9B
$2.3B
Q1 25
$7.1B
$2.2B
Q4 24
$6.0B
$2.3B
Q3 24
$6.3B
$2.2B
Q2 24
$6.4B
$2.3B
Q1 24
$6.7B
$2.3B
Total Assets
MCHP
MCHP
NXST
NXST
Q4 25
$14.3B
$10.8B
Q3 25
$14.5B
$11.2B
Q2 25
$15.0B
$11.3B
Q1 25
$15.4B
$11.4B
Q4 24
$15.6B
$11.5B
Q3 24
$15.6B
$11.7B
Q2 24
$15.8B
$11.8B
Q1 24
$15.9B
$11.9B
Debt / Equity
MCHP
MCHP
NXST
NXST
Q4 25
0.82×
3.07×
Q3 25
0.80×
2.78×
Q2 25
0.80×
2.83×
Q1 25
0.80×
2.89×
Q4 24
1.12×
2.89×
Q3 24
1.02×
3.02×
Q2 24
0.96×
2.99×
Q1 24
0.90×
2.93×

Cash Flow & Capital Efficiency

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

Metric
MCHP
MCHP
NXST
NXST
Operating Cash FlowLast quarter
$341.4M
$190.0M
Free Cash FlowOCF − Capex
$318.9M
$136.0M
FCF MarginFCF / Revenue
26.9%
10.6%
Capex IntensityCapex / Revenue
1.9%
4.2%
Cash ConversionOCF / Net Profit
5.44×
TTM Free Cash FlowTrailing 4 quarters
$819.9M
$743.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MCHP
MCHP
NXST
NXST
Q4 25
$341.4M
$190.0M
Q3 25
$88.1M
$117.0M
Q2 25
$275.6M
$247.0M
Q1 25
$205.9M
$337.0M
Q4 24
$271.5M
$411.0M
Q3 24
$43.6M
$387.0M
Q2 24
$377.1M
$176.0M
Q1 24
$430.0M
$276.0M
Free Cash Flow
MCHP
MCHP
NXST
NXST
Q4 25
$318.9M
$136.0M
Q3 25
$51.6M
$87.0M
Q2 25
$257.7M
$218.0M
Q1 25
$191.7M
$302.0M
Q4 24
$253.4M
$376.0M
Q3 24
$22.8M
$358.0M
Q2 24
$304.2M
$139.0M
Q1 24
$389.9M
$232.0M
FCF Margin
MCHP
MCHP
NXST
NXST
Q4 25
26.9%
10.6%
Q3 25
4.5%
7.3%
Q2 25
24.0%
17.7%
Q1 25
19.8%
24.5%
Q4 24
24.7%
25.3%
Q3 24
2.0%
26.2%
Q2 24
24.5%
11.0%
Q1 24
29.4%
18.1%
Capex Intensity
MCHP
MCHP
NXST
NXST
Q4 25
1.9%
4.2%
Q3 25
3.2%
2.5%
Q2 25
1.7%
2.4%
Q1 25
1.5%
2.8%
Q4 24
1.8%
2.4%
Q3 24
1.8%
2.1%
Q2 24
5.9%
2.9%
Q1 24
3.0%
3.4%
Cash Conversion
MCHP
MCHP
NXST
NXST
Q4 25
5.44×
Q3 25
2.11×
1.67×
Q2 25
2.55×
Q1 25
3.12×
Q4 24
1.70×
Q3 24
0.56×
2.07×
Q2 24
2.92×
1.49×
Q1 24
2.78×
1.58×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MCHP
MCHP

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

NXST
NXST

Distribution Service$704.0M55%
Advertising$491.0M38%
Other$78.0M6%
Corporate$3.0M0%

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