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Side-by-side financial comparison of Microchip Technology (MCHP) and Primoris Services Corp (PRIM). Click either name above to swap in a different company.
Primoris Services Corp is the larger business by last-quarter revenue ($1.9B vs $1.2B, roughly 1.6× Microchip Technology). Microchip Technology runs the higher net margin — 5.3% vs 2.8%, a 2.5% gap on every dollar of revenue. On growth, Microchip Technology posted the faster year-over-year revenue change (15.6% vs 6.7%). Microchip Technology produced more free cash flow last quarter ($318.9M vs $121.1M). Over the past eight quarters, Primoris Services Corp's revenue compounded faster (14.7% 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.
Primoris Services Corporation is a publicly traded specialty construction and infrastructure company based in the United States, with a particular focus on pipelines for natural gas, wastewater and water. As of 2014 it was a Fortune 1000 company.
MCHP vs PRIM — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.9B |
| Net Profit | $62.7M | $51.7M |
| Gross Margin | 59.6% | 9.4% |
| Operating Margin | 12.8% | 4.2% |
| Net Margin | 5.3% | 2.8% |
| Revenue YoY | 15.6% | 6.7% |
| Net Profit YoY | 217.0% | -4.2% |
| EPS (diluted) | $0.06 | $0.94 |
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.
| Q4 25 | $1.2B | $1.9B | ||
| Q3 25 | $1.1B | $2.2B | ||
| Q2 25 | $1.1B | $1.9B | ||
| Q1 25 | $970.5M | $1.6B | ||
| Q4 24 | $1.0B | $1.7B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $1.2B | $1.6B | ||
| Q1 24 | $1.3B | $1.4B |
| Q4 25 | $62.7M | $51.7M | ||
| Q3 25 | $41.7M | $94.6M | ||
| Q2 25 | $-18.6M | $84.3M | ||
| Q1 25 | $-154.6M | $44.2M | ||
| Q4 24 | $-53.6M | $54.0M | ||
| Q3 24 | $78.4M | $58.4M | ||
| Q2 24 | $129.3M | $49.5M | ||
| Q1 24 | $154.7M | $18.9M |
| Q4 25 | 59.6% | 9.4% | ||
| Q3 25 | 55.9% | 10.8% | ||
| Q2 25 | 53.6% | 12.3% | ||
| Q1 25 | 51.6% | 10.4% | ||
| Q4 24 | 54.7% | 10.6% | ||
| Q3 24 | 57.4% | 12.0% | ||
| Q2 24 | 59.4% | 11.9% | ||
| Q1 24 | 59.6% | 9.4% |
| Q4 25 | 12.8% | 4.2% | ||
| Q3 25 | 7.8% | 6.3% | ||
| Q2 25 | 3.0% | 6.7% | ||
| Q1 25 | -10.3% | 4.3% | ||
| Q4 24 | 3.0% | 5.0% | ||
| Q3 24 | 12.6% | 6.0% | ||
| Q2 24 | 17.7% | 5.5% | ||
| Q1 24 | 19.1% | 3.1% |
| Q4 25 | 5.3% | 2.8% | ||
| Q3 25 | 3.7% | 4.3% | ||
| Q2 25 | -1.7% | 4.5% | ||
| Q1 25 | -15.9% | 2.7% | ||
| Q4 24 | -5.2% | 3.1% | ||
| Q3 24 | 6.7% | 3.5% | ||
| Q2 24 | 10.4% | 3.2% | ||
| Q1 24 | 11.7% | 1.3% |
| Q4 25 | $0.06 | $0.94 | ||
| Q3 25 | $0.03 | $1.73 | ||
| Q2 25 | $-0.09 | $1.54 | ||
| Q1 25 | $-0.29 | $0.81 | ||
| Q4 24 | $-0.10 | $0.98 | ||
| Q3 24 | $0.14 | $1.07 | ||
| Q2 24 | $0.24 | $0.91 | ||
| Q1 24 | $0.29 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $250.7M | $535.5M |
| Total DebtLower is stronger | $5.4B | $469.9M |
| Stockholders' EquityBook value | $6.6B | $1.7B |
| Total Assets | $14.3B | $4.4B |
| Debt / EquityLower = less leverage | 0.82× | 0.28× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $250.7M | $535.5M | ||
| Q3 25 | $236.8M | $431.4M | ||
| Q2 25 | $566.5M | $390.3M | ||
| Q1 25 | $771.7M | $351.6M | ||
| Q4 24 | $586.0M | $455.8M | ||
| Q3 24 | $286.1M | $352.7M | ||
| Q2 24 | $315.1M | $207.4M | ||
| Q1 24 | $319.7M | $177.6M |
| Q4 25 | $5.4B | $469.9M | ||
| Q3 25 | $5.4B | $486.0M | ||
| Q2 25 | $5.5B | $603.1M | ||
| Q1 25 | $5.6B | $612.0M | ||
| Q4 24 | $6.7B | $734.8M | ||
| Q3 24 | $6.4B | $903.7M | ||
| Q2 24 | $6.2B | $933.0M | ||
| Q1 24 | $6.0B | $951.7M |
| Q4 25 | $6.6B | $1.7B | ||
| Q3 25 | $6.7B | $1.6B | ||
| Q2 25 | $6.9B | $1.5B | ||
| Q1 25 | $7.1B | $1.4B | ||
| Q4 24 | $6.0B | $1.4B | ||
| Q3 24 | $6.3B | $1.4B | ||
| Q2 24 | $6.4B | $1.3B | ||
| Q1 24 | $6.7B | $1.2B |
| Q4 25 | $14.3B | $4.4B | ||
| Q3 25 | $14.5B | $4.6B | ||
| Q2 25 | $15.0B | $4.5B | ||
| Q1 25 | $15.4B | $4.2B | ||
| Q4 24 | $15.6B | $4.2B | ||
| Q3 24 | $15.6B | $4.2B | ||
| Q2 24 | $15.8B | $4.0B | ||
| Q1 24 | $15.9B | $4.0B |
| Q4 25 | 0.82× | 0.28× | ||
| Q3 25 | 0.80× | 0.30× | ||
| Q2 25 | 0.80× | 0.39× | ||
| Q1 25 | 0.80× | 0.42× | ||
| Q4 24 | 1.12× | 0.52× | ||
| Q3 24 | 1.02× | 0.67× | ||
| Q2 24 | 0.96× | 0.72× | ||
| Q1 24 | 0.90× | 0.76× |
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 | $341.4M | $142.9M |
| Free Cash FlowOCF − Capex | $318.9M | $121.1M |
| FCF MarginFCF / Revenue | 26.9% | 6.5% |
| Capex IntensityCapex / Revenue | 1.9% | 1.2% |
| Cash ConversionOCF / Net Profit | 5.44× | 2.76× |
| TTM Free Cash FlowTrailing 4 quarters | $819.9M | $340.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $341.4M | $142.9M | ||
| Q3 25 | $88.1M | $182.9M | ||
| Q2 25 | $275.6M | $78.5M | ||
| Q1 25 | $205.9M | $66.2M | ||
| Q4 24 | $271.5M | $298.3M | ||
| Q3 24 | $43.6M | $222.5M | ||
| Q2 24 | $377.1M | $16.1M | ||
| Q1 24 | $430.0M | $-28.5M |
| Q4 25 | $318.9M | $121.1M | ||
| Q3 25 | $51.6M | $148.4M | ||
| Q2 25 | $257.7M | $45.3M | ||
| Q1 25 | $191.7M | $25.6M | ||
| Q4 24 | $253.4M | $270.0M | ||
| Q3 24 | $22.8M | $158.8M | ||
| Q2 24 | $304.2M | $-8.1M | ||
| Q1 24 | $389.9M | $-38.9M |
| Q4 25 | 26.9% | 6.5% | ||
| Q3 25 | 4.5% | 6.8% | ||
| Q2 25 | 24.0% | 2.4% | ||
| Q1 25 | 19.8% | 1.6% | ||
| Q4 24 | 24.7% | 15.5% | ||
| Q3 24 | 2.0% | 9.6% | ||
| Q2 24 | 24.5% | -0.5% | ||
| Q1 24 | 29.4% | -2.8% |
| Q4 25 | 1.9% | 1.2% | ||
| Q3 25 | 3.2% | 1.6% | ||
| Q2 25 | 1.7% | 1.8% | ||
| Q1 25 | 1.5% | 2.5% | ||
| Q4 24 | 1.8% | 1.6% | ||
| Q3 24 | 1.8% | 3.9% | ||
| Q2 24 | 5.9% | 1.5% | ||
| Q1 24 | 3.0% | 0.7% |
| Q4 25 | 5.44× | 2.76× | ||
| Q3 25 | 2.11× | 1.93× | ||
| Q2 25 | — | 0.93× | ||
| Q1 25 | — | 1.50× | ||
| Q4 24 | — | 5.53× | ||
| Q3 24 | 0.56× | 3.81× | ||
| Q2 24 | 2.92× | 0.32× | ||
| Q1 24 | 2.78× | -1.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MCHP
| Mixed Signal Microcontrollers | $586.5M | 49% |
| Analog | $322.9M | 27% |
| Other Product Line | $276.6M | 23% |
PRIM
| Energy Segment | $1.2B | 64% |
| Unit Price Contracts | $473.7M | 25% |
| Cost Reimbursable Contracts | $121.3M | 7% |
| Other | $74.9M | 4% |
