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

Microchip Technology is the larger business by last-quarter revenue ($1.2B vs $1.0B, roughly 1.1× Pentair). Pentair runs the higher net margin — 16.6% vs 5.3%, a 11.3% gap on every dollar of revenue. On growth, Microchip Technology posted the faster year-over-year revenue change (15.6% vs 2.6%). Microchip Technology produced more free cash flow last quarter ($318.9M vs $-85.7M). Over the past eight quarters, Pentair's revenue compounded faster (-2.9% 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.

Pentair plc (PNR) is an American water treatment company incorporated in Ireland with tax residency in UK, with its main U.S. office in Golden Valley, Minnesota. Pentair was founded in the US, with 65% of company's revenue coming from the US and Canada as of 2017. PNR was reorganized in 2014, shifting the corporate domicile from Switzerland to Ireland.

MCHP vs PNR — Head-to-Head

Bigger by revenue
MCHP
MCHP
1.1× larger
MCHP
$1.2B
$1.0B
PNR
Growing faster (revenue YoY)
MCHP
MCHP
+13.0% gap
MCHP
15.6%
2.6%
PNR
Higher net margin
PNR
PNR
11.3% more per $
PNR
16.6%
5.3%
MCHP
More free cash flow
MCHP
MCHP
$404.6M more FCF
MCHP
$318.9M
$-85.7M
PNR
Faster 2-yr revenue CAGR
PNR
PNR
Annualised
PNR
-2.9%
-5.4%
MCHP

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
MCHP
MCHP
PNR
PNR
Revenue
$1.2B
$1.0B
Net Profit
$62.7M
$172.4M
Gross Margin
59.6%
41.8%
Operating Margin
12.8%
20.3%
Net Margin
5.3%
16.6%
Revenue YoY
15.6%
2.6%
Net Profit YoY
217.0%
11.3%
EPS (diluted)
$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
MCHP
MCHP
PNR
PNR
Q1 26
$1.0B
Q4 25
$1.2B
$1.0B
Q3 25
$1.1B
$1.0B
Q2 25
$1.1B
$1.1B
Q1 25
$970.5M
$1.0B
Q4 24
$1.0B
$972.9M
Q3 24
$1.2B
$993.4M
Q2 24
$1.2B
$1.1B
Net Profit
MCHP
MCHP
PNR
PNR
Q1 26
$172.4M
Q4 25
$62.7M
$166.1M
Q3 25
$41.7M
$184.3M
Q2 25
$-18.6M
$148.5M
Q1 25
$-154.6M
$154.9M
Q4 24
$-53.6M
$166.4M
Q3 24
$78.4M
$139.6M
Q2 24
$129.3M
$186.1M
Gross Margin
MCHP
MCHP
PNR
PNR
Q1 26
41.8%
Q4 25
59.6%
40.4%
Q3 25
55.9%
41.0%
Q2 25
53.6%
40.7%
Q1 25
51.6%
39.9%
Q4 24
54.7%
38.8%
Q3 24
57.4%
39.6%
Q2 24
59.4%
39.8%
Operating Margin
MCHP
MCHP
PNR
PNR
Q1 26
20.3%
Q4 25
12.8%
20.1%
Q3 25
7.8%
22.7%
Q2 25
3.0%
19.4%
Q1 25
-10.3%
20.1%
Q4 24
3.0%
20.1%
Q3 24
12.6%
18.1%
Q2 24
17.7%
22.6%
Net Margin
MCHP
MCHP
PNR
PNR
Q1 26
16.6%
Q4 25
5.3%
16.3%
Q3 25
3.7%
18.0%
Q2 25
-1.7%
13.2%
Q1 25
-15.9%
15.3%
Q4 24
-5.2%
17.1%
Q3 24
6.7%
14.1%
Q2 24
10.4%
16.9%
EPS (diluted)
MCHP
MCHP
PNR
PNR
Q1 26
Q4 25
$0.06
$1.01
Q3 25
$0.03
$1.12
Q2 25
$-0.09
$0.90
Q1 25
$-0.29
$0.93
Q4 24
$-0.10
$0.99
Q3 24
$0.14
$0.84
Q2 24
$0.24
$1.11

Balance Sheet & Financial Strength

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

Metric
MCHP
MCHP
PNR
PNR
Cash + ST InvestmentsLiquidity on hand
$250.7M
$67.7M
Total DebtLower is stronger
$5.4B
$1.9B
Stockholders' EquityBook value
$6.6B
$3.8B
Total Assets
$14.3B
$7.1B
Debt / EquityLower = less leverage
0.82×
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MCHP
MCHP
PNR
PNR
Q1 26
$67.7M
Q4 25
$250.7M
Q3 25
$236.8M
$128.4M
Q2 25
$566.5M
$143.0M
Q1 25
$771.7M
$140.6M
Q4 24
$586.0M
$118.7M
Q3 24
$286.1M
$218.1M
Q2 24
$315.1M
$214.3M
Total Debt
MCHP
MCHP
PNR
PNR
Q1 26
$1.9B
Q4 25
$5.4B
$1.6B
Q3 25
$5.4B
$1.6B
Q2 25
$5.5B
$1.4B
Q1 25
$5.6B
$1.8B
Q4 24
$6.7B
$1.6B
Q3 24
$6.4B
Q2 24
$6.2B
$1.8B
Stockholders' Equity
MCHP
MCHP
PNR
PNR
Q1 26
$3.8B
Q4 25
$6.6B
$3.9B
Q3 25
$6.7B
$3.8B
Q2 25
$6.9B
$3.7B
Q1 25
$7.1B
$3.6B
Q4 24
$6.0B
$3.6B
Q3 24
$6.3B
$3.5B
Q2 24
$6.4B
$3.4B
Total Assets
MCHP
MCHP
PNR
PNR
Q1 26
$7.1B
Q4 25
$14.3B
$6.9B
Q3 25
$14.5B
$6.8B
Q2 25
$15.0B
$6.5B
Q1 25
$15.4B
$6.7B
Q4 24
$15.6B
$6.4B
Q3 24
$15.6B
$6.5B
Q2 24
$15.8B
$6.5B
Debt / Equity
MCHP
MCHP
PNR
PNR
Q1 26
0.51×
Q4 25
0.82×
0.42×
Q3 25
0.80×
0.42×
Q2 25
0.80×
0.38×
Q1 25
0.80×
0.51×
Q4 24
1.12×
0.46×
Q3 24
1.02×
Q2 24
0.96×
0.51×

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
PNR
PNR
Operating Cash FlowLast quarter
$341.4M
Free Cash FlowOCF − Capex
$318.9M
$-85.7M
FCF MarginFCF / Revenue
26.9%
-8.3%
Capex IntensityCapex / Revenue
1.9%
1.8%
Cash ConversionOCF / Net Profit
5.44×
TTM Free Cash FlowTrailing 4 quarters
$819.9M
$716.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MCHP
MCHP
PNR
PNR
Q1 26
Q4 25
$341.4M
$50.8M
Q3 25
$88.1M
$196.3M
Q2 25
$275.6M
$606.6M
Q1 25
$205.9M
$-38.9M
Q4 24
$271.5M
$86.5M
Q3 24
$43.6M
$248.6M
Q2 24
$377.1M
$539.2M
Free Cash Flow
MCHP
MCHP
PNR
PNR
Q1 26
$-85.7M
Q4 25
$318.9M
$27.1M
Q3 25
$51.6M
$178.9M
Q2 25
$257.7M
$595.7M
Q1 25
$191.7M
$-55.7M
Q4 24
$253.4M
$63.8M
Q3 24
$22.8M
$233.2M
Q2 24
$304.2M
$522.2M
FCF Margin
MCHP
MCHP
PNR
PNR
Q1 26
-8.3%
Q4 25
26.9%
2.7%
Q3 25
4.5%
17.5%
Q2 25
24.0%
53.0%
Q1 25
19.8%
-5.5%
Q4 24
24.7%
6.6%
Q3 24
2.0%
23.5%
Q2 24
24.5%
47.5%
Capex Intensity
MCHP
MCHP
PNR
PNR
Q1 26
1.8%
Q4 25
1.9%
2.3%
Q3 25
3.2%
1.7%
Q2 25
1.7%
1.0%
Q1 25
1.5%
1.7%
Q4 24
1.8%
2.3%
Q3 24
1.8%
1.6%
Q2 24
5.9%
1.5%
Cash Conversion
MCHP
MCHP
PNR
PNR
Q1 26
Q4 25
5.44×
0.31×
Q3 25
2.11×
1.07×
Q2 25
4.08×
Q1 25
-0.25×
Q4 24
0.52×
Q3 24
0.56×
1.78×
Q2 24
2.92×
2.90×

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%

PNR
PNR

Water Solutions$391.0M38%
Pool$387.1M37%
Flow$258.1M25%

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