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Side-by-side financial comparison of Microchip Technology (MCHP) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.
SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.2× Microchip Technology). Microchip Technology runs the higher net margin — 5.3% vs 3.1%, a 2.1% 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 $257.7M). Over the past eight quarters, SEALED AIR CORP's revenue compounded faster (2.7% 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.
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
MCHP vs SEE — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.4B |
| Net Profit | $62.7M | $43.8M |
| Gross Margin | 59.6% | 28.6% |
| Operating Margin | 12.8% | 11.4% |
| Net Margin | 5.3% | 3.1% |
| Revenue YoY | 15.6% | 2.6% |
| Net Profit YoY | 217.0% | 700.0% |
| EPS (diluted) | $0.06 | $0.30 |
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 | $1.4B | ||
| Q3 25 | $1.1B | $1.3B | ||
| Q2 25 | $1.1B | $1.3B | ||
| Q1 25 | $970.5M | $1.3B | ||
| Q4 24 | $1.0B | $1.4B | ||
| Q3 24 | $1.2B | $1.3B | ||
| Q2 24 | $1.2B | $1.3B | ||
| Q1 24 | $1.3B | $1.3B |
| Q4 25 | $62.7M | $43.8M | ||
| Q3 25 | $41.7M | $255.1M | ||
| Q2 25 | $-18.6M | $93.1M | ||
| Q1 25 | $-154.6M | $113.5M | ||
| Q4 24 | $-53.6M | $-7.3M | ||
| Q3 24 | $78.4M | $91.7M | ||
| Q2 24 | $129.3M | $98.3M | ||
| Q1 24 | $154.7M | $82.0M |
| Q4 25 | 59.6% | 28.6% | ||
| Q3 25 | 55.9% | 29.8% | ||
| Q2 25 | 53.6% | 30.7% | ||
| Q1 25 | 51.6% | 30.9% | ||
| Q4 24 | 54.7% | 30.0% | ||
| Q3 24 | 57.4% | 30.1% | ||
| Q2 24 | 59.4% | 31.2% | ||
| Q1 24 | 59.6% | 30.3% |
| Q4 25 | 12.8% | 11.4% | ||
| Q3 25 | 7.8% | 13.8% | ||
| Q2 25 | 3.0% | 15.0% | ||
| Q1 25 | -10.3% | 14.5% | ||
| Q4 24 | 3.0% | 11.7% | ||
| Q3 24 | 12.6% | 13.9% | ||
| Q2 24 | 17.7% | 15.4% | ||
| Q1 24 | 19.1% | 14.0% |
| Q4 25 | 5.3% | 3.1% | ||
| Q3 25 | 3.7% | 19.0% | ||
| Q2 25 | -1.7% | 7.0% | ||
| Q1 25 | -15.9% | 9.0% | ||
| Q4 24 | -5.2% | -0.5% | ||
| Q3 24 | 6.7% | 6.9% | ||
| Q2 24 | 10.4% | 7.4% | ||
| Q1 24 | 11.7% | 6.2% |
| Q4 25 | $0.06 | $0.30 | ||
| Q3 25 | $0.03 | $1.73 | ||
| Q2 25 | $-0.09 | $0.63 | ||
| Q1 25 | $-0.29 | $0.77 | ||
| Q4 24 | $-0.10 | $-0.05 | ||
| Q3 24 | $0.14 | $0.63 | ||
| Q2 24 | $0.24 | $0.67 | ||
| Q1 24 | $0.29 | $0.56 |
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 | $344.0M |
| Total DebtLower is stronger | $5.4B | $3.3B |
| Stockholders' EquityBook value | $6.6B | $1.2B |
| Total Assets | $14.3B | $7.0B |
| Debt / EquityLower = less leverage | 0.82× | 2.65× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $250.7M | $344.0M | ||
| Q3 25 | $236.8M | $282.5M | ||
| Q2 25 | $566.5M | $354.4M | ||
| Q1 25 | $771.7M | $335.2M | ||
| Q4 24 | $586.0M | $371.8M | ||
| Q3 24 | $286.1M | $386.0M | ||
| Q2 24 | $315.1M | $388.6M | ||
| Q1 24 | $319.7M | $352.8M |
| Q4 25 | $5.4B | $3.3B | ||
| Q3 25 | $5.4B | $4.0B | ||
| Q2 25 | $5.5B | $4.0B | ||
| Q1 25 | $5.6B | $4.2B | ||
| Q4 24 | $6.7B | $4.2B | ||
| Q3 24 | $6.4B | $4.3B | ||
| Q2 24 | $6.2B | $4.4B | ||
| Q1 24 | $6.0B | $4.5B |
| Q4 25 | $6.6B | $1.2B | ||
| Q3 25 | $6.7B | $1.2B | ||
| Q2 25 | $6.9B | $953.1M | ||
| Q1 25 | $7.1B | $797.9M | ||
| Q4 24 | $6.0B | $624.5M | ||
| Q3 24 | $6.3B | $771.2M | ||
| Q2 24 | $6.4B | $650.1M | ||
| Q1 24 | $6.7B | $598.3M |
| Q4 25 | $14.3B | $7.0B | ||
| Q3 25 | $14.5B | $7.1B | ||
| Q2 25 | $15.0B | $7.2B | ||
| Q1 25 | $15.4B | $7.0B | ||
| Q4 24 | $15.6B | $7.0B | ||
| Q3 24 | $15.6B | $7.3B | ||
| Q2 24 | $15.8B | $7.3B | ||
| Q1 24 | $15.9B | $7.2B |
| Q4 25 | 0.82× | 2.65× | ||
| Q3 25 | 0.80× | 3.34× | ||
| Q2 25 | 0.80× | 4.18× | ||
| Q1 25 | 0.80× | 5.26× | ||
| Q4 24 | 1.12× | 6.72× | ||
| Q3 24 | 1.02× | 5.62× | ||
| Q2 24 | 0.96× | 6.81× | ||
| Q1 24 | 0.90× | 7.49× |
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 | $293.6M |
| Free Cash FlowOCF − Capex | $318.9M | $257.7M |
| FCF MarginFCF / Revenue | 26.9% | 18.5% |
| Capex IntensityCapex / Revenue | 1.9% | 2.6% |
| Cash ConversionOCF / Net Profit | 5.44× | 6.70× |
| TTM Free Cash FlowTrailing 4 quarters | $819.9M | $458.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $341.4M | $293.6M | ||
| Q3 25 | $88.1M | $165.9M | ||
| Q2 25 | $275.6M | $136.6M | ||
| Q1 25 | $205.9M | $31.9M | ||
| Q4 24 | $271.5M | $244.2M | ||
| Q3 24 | $43.6M | $170.5M | ||
| Q2 24 | $377.1M | $188.2M | ||
| Q1 24 | $430.0M | $125.1M |
| Q4 25 | $318.9M | $257.7M | ||
| Q3 25 | $51.6M | $119.6M | ||
| Q2 25 | $257.7M | $93.2M | ||
| Q1 25 | $191.7M | $-12.0M | ||
| Q4 24 | $253.4M | $185.1M | ||
| Q3 24 | $22.8M | $115.2M | ||
| Q2 24 | $304.2M | $129.5M | ||
| Q1 24 | $389.9M | $78.0M |
| Q4 25 | 26.9% | 18.5% | ||
| Q3 25 | 4.5% | 8.9% | ||
| Q2 25 | 24.0% | 7.0% | ||
| Q1 25 | 19.8% | -0.9% | ||
| Q4 24 | 24.7% | 13.6% | ||
| Q3 24 | 2.0% | 8.6% | ||
| Q2 24 | 24.5% | 9.7% | ||
| Q1 24 | 29.4% | 5.9% |
| Q4 25 | 1.9% | 2.6% | ||
| Q3 25 | 3.2% | 3.4% | ||
| Q2 25 | 1.7% | 3.3% | ||
| Q1 25 | 1.5% | 3.5% | ||
| Q4 24 | 1.8% | 4.4% | ||
| Q3 24 | 1.8% | 4.1% | ||
| Q2 24 | 5.9% | 4.4% | ||
| Q1 24 | 3.0% | 3.6% |
| Q4 25 | 5.44× | 6.70× | ||
| Q3 25 | 2.11× | 0.65× | ||
| Q2 25 | — | 1.47× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.56× | 1.86× | ||
| Q2 24 | 2.92× | 1.91× | ||
| Q1 24 | 2.78× | 1.53× |
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% |
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
