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Side-by-side financial comparison of Microchip Technology (MCHP) and QVC INC (QVCD). Click either name above to swap in a different company.
QVC INC is the larger business by last-quarter revenue ($2.4B vs $1.3B, roughly 1.8× Microchip Technology). Microchip Technology runs the higher net margin — 11.0% vs 1.5%, a 9.5% gap on every dollar of revenue. On growth, QVC INC posted the faster year-over-year revenue change (-8.9% vs -72.2%). Over the past eight quarters, QVC INC's revenue compounded faster (7.1% CAGR vs 2.8%).
Microchip Technology Incorporated is an American publicly traded semiconductor corporation that manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits.
QVC Group, is an American media conglomerate controlled by company chairman John C. Malone, who owns a majority of the voting shares.
MCHP vs QVCD — Head-to-Head
Income Statement — Q4 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $2.4B |
| Net Profit | $144.2M | $37.0M |
| Gross Margin | 61.0% | 32.5% |
| Operating Margin | 16.6% | 5.6% |
| Net Margin | 11.0% | 1.5% |
| Revenue YoY | -72.2% | -8.9% |
| Net Profit YoY | 8.9% | 103.0% |
| EPS (diluted) | $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 | $1.3B | — | ||
| Q4 25 | $1.2B | $2.4B | ||
| Q3 25 | $1.1B | $2.0B | ||
| Q2 25 | $1.1B | $2.0B | ||
| Q1 25 | $970.5M | $1.9B | ||
| Q4 24 | $1.0B | $2.7B | ||
| Q3 24 | $1.2B | $2.1B | ||
| Q2 24 | $1.2B | $2.1B |
| Q1 26 | $144.2M | — | ||
| Q4 25 | $62.7M | $37.0M | ||
| Q3 25 | $41.7M | $2.0M | ||
| Q2 25 | $-18.6M | $-2.2B | ||
| Q1 25 | $-154.6M | $-42.0M | ||
| Q4 24 | $-53.6M | $-1.2B | ||
| Q3 24 | $78.4M | $51.0M | ||
| Q2 24 | $129.3M | $53.0M |
| Q1 26 | 61.0% | — | ||
| Q4 25 | 59.6% | 32.5% | ||
| Q3 25 | 55.9% | 33.6% | ||
| Q2 25 | 53.6% | 35.4% | ||
| Q1 25 | 51.6% | 33.3% | ||
| Q4 24 | 54.7% | 32.6% | ||
| Q3 24 | 57.4% | 34.7% | ||
| Q2 24 | 59.4% | 35.6% |
| Q1 26 | 16.6% | — | ||
| Q4 25 | 12.8% | 5.6% | ||
| Q3 25 | 7.8% | 4.6% | ||
| Q2 25 | 3.0% | -114.5% | ||
| Q1 25 | -10.3% | 1.5% | ||
| Q4 24 | 3.0% | -47.1% | ||
| Q3 24 | 12.6% | 7.8% | ||
| Q2 24 | 17.7% | 7.6% |
| Q1 26 | 11.0% | — | ||
| Q4 25 | 5.3% | 1.5% | ||
| Q3 25 | 3.7% | 0.1% | ||
| Q2 25 | -1.7% | -109.1% | ||
| Q1 25 | -15.9% | -2.2% | ||
| Q4 24 | -5.2% | -46.0% | ||
| Q3 24 | 6.7% | 2.4% | ||
| Q2 24 | 10.4% | 2.5% |
| Q1 26 | $0.21 | — | ||
| Q4 25 | $0.06 | — | ||
| Q3 25 | $0.03 | — | ||
| Q2 25 | $-0.09 | — | ||
| Q1 25 | $-0.29 | — | ||
| Q4 24 | $-0.10 | — | ||
| Q3 24 | $0.14 | — | ||
| Q2 24 | $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 | $1.5B |
| Total DebtLower is stronger | $5.5B | $1.0M |
| Stockholders' EquityBook value | $6.4B | $1.2B |
| Total Assets | $14.4B | $8.5B |
| Debt / EquityLower = less leverage | 0.85× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $240.3M | — | ||
| Q4 25 | $250.7M | $1.5B | ||
| Q3 25 | $236.8M | — | ||
| Q2 25 | $566.5M | — | ||
| Q1 25 | $771.7M | — | ||
| Q4 24 | $586.0M | $297.0M | ||
| Q3 24 | $286.1M | $297.0M | ||
| Q2 24 | $315.1M | $315.0M |
| Q1 26 | $5.5B | — | ||
| Q4 25 | $5.4B | $1.0M | ||
| Q3 25 | $5.4B | $5.0B | ||
| Q2 25 | $5.5B | $4.0B | ||
| Q1 25 | $5.6B | $4.0B | ||
| Q4 24 | $6.7B | $3.3B | ||
| Q3 24 | $6.4B | $3.4B | ||
| Q2 24 | $6.2B | $3.7B |
| Q1 26 | $6.4B | — | ||
| Q4 25 | $6.6B | $1.2B | ||
| Q3 25 | $6.7B | $1.2B | ||
| Q2 25 | $6.9B | $1.2B | ||
| Q1 25 | $7.1B | $3.3B | ||
| Q4 24 | $6.0B | $3.3B | ||
| Q3 24 | $6.3B | $4.6B | ||
| Q2 24 | $6.4B | $4.3B |
| Q1 26 | $14.4B | — | ||
| Q4 25 | $14.3B | $8.5B | ||
| Q3 25 | $14.5B | $8.3B | ||
| Q2 25 | $15.0B | $7.4B | ||
| Q1 25 | $15.4B | $9.7B | ||
| Q4 24 | $15.6B | $9.9B | ||
| Q3 24 | $15.6B | $9.9B | ||
| Q2 24 | $15.8B | $11.2B |
| Q1 26 | 0.85× | — | ||
| Q4 25 | 0.82× | 0.00× | ||
| Q3 25 | 0.80× | 4.30× | ||
| Q2 25 | 0.80× | 3.42× | ||
| Q1 25 | 0.80× | 1.22× | ||
| Q4 24 | 1.12× | 1.01× | ||
| Q3 24 | 1.02× | 0.73× | ||
| Q2 24 | 0.96× | 0.87× |
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 | — | $245.0M |
| Free Cash FlowOCF − Capex | $242.8M | — |
| FCF MarginFCF / Revenue | 18.5% | — |
| Capex IntensityCapex / Revenue | 1.1% | — |
| Cash ConversionOCF / Net Profit | — | 6.62× |
| TTM Free Cash FlowTrailing 4 quarters | $871.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $341.4M | $245.0M | ||
| Q3 25 | $88.1M | $76.0M | ||
| Q2 25 | $275.6M | $52.0M | ||
| Q1 25 | $205.9M | $46.0M | ||
| Q4 24 | $271.5M | $189.0M | ||
| Q3 24 | $43.6M | $98.0M | ||
| Q2 24 | $377.1M | $164.0M |
| Q1 26 | $242.8M | — | ||
| Q4 25 | $318.9M | — | ||
| Q3 25 | $51.6M | — | ||
| Q2 25 | $257.7M | — | ||
| Q1 25 | $191.7M | — | ||
| Q4 24 | $253.4M | — | ||
| Q3 24 | $22.8M | — | ||
| Q2 24 | $304.2M | — |
| Q1 26 | 18.5% | — | ||
| Q4 25 | 26.9% | — | ||
| Q3 25 | 4.5% | — | ||
| Q2 25 | 24.0% | — | ||
| Q1 25 | 19.8% | — | ||
| Q4 24 | 24.7% | — | ||
| Q3 24 | 2.0% | — | ||
| Q2 24 | 24.5% | — |
| Q1 26 | 1.1% | — | ||
| Q4 25 | 1.9% | — | ||
| Q3 25 | 3.2% | — | ||
| Q2 25 | 1.7% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 1.8% | — | ||
| Q2 24 | 5.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | 5.44× | 6.62× | ||
| Q3 25 | 2.11× | 38.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.56× | 1.92× | ||
| Q2 24 | 2.92× | 3.09× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MCHP
Segment breakdown not available.
QVCD
| Home | $754.0M | 31% |
| QVC International | $661.0M | 27% |
| Beauty | $260.0M | 11% |
| Apparel | $254.0M | 10% |
| Electronics | $187.0M | 8% |
| Accessories | $181.0M | 7% |
| Jewelry | $87.0M | 4% |
| Otherrevenue | $38.0M | 2% |
