vs

Side-by-side financial comparison of Microchip Technology (MCHP) and Spectrum Brands Holdings, Inc. (SPB). Click either name above to swap in a different company.

Microchip Technology is the larger business by last-quarter revenue ($1.2B vs $677.0M, roughly 1.8× Spectrum Brands Holdings, Inc.). Microchip Technology runs the higher net margin — 5.3% vs 4.2%, a 1.1% gap on every dollar of revenue. On growth, Microchip Technology posted the faster year-over-year revenue change (15.6% vs -3.3%). Microchip Technology produced more free cash flow last quarter ($318.9M vs $59.3M). Over the past eight quarters, Spectrum Brands Holdings, Inc.'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.

Spectrum Brands Holdings, Inc. is an American multinational consumer products conglomerate headquartered in Middleton, Wisconsin. It was established in 2005 as the successor to Rayovac Corporation.

MCHP vs SPB — Head-to-Head

Bigger by revenue
MCHP
MCHP
1.8× larger
MCHP
$1.2B
$677.0M
SPB
Growing faster (revenue YoY)
MCHP
MCHP
+18.9% gap
MCHP
15.6%
-3.3%
SPB
Higher net margin
MCHP
MCHP
1.1% more per $
MCHP
5.3%
4.2%
SPB
More free cash flow
MCHP
MCHP
$259.6M more FCF
MCHP
$318.9M
$59.3M
SPB
Faster 2-yr revenue CAGR
SPB
SPB
Annualised
SPB
-2.9%
-5.4%
MCHP

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
MCHP
MCHP
SPB
SPB
Revenue
$1.2B
$677.0M
Net Profit
$62.7M
$28.4M
Gross Margin
59.6%
35.7%
Operating Margin
12.8%
4.0%
Net Margin
5.3%
4.2%
Revenue YoY
15.6%
-3.3%
Net Profit YoY
217.0%
20.9%
EPS (diluted)
$0.06
$1.21

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.

Revenue
MCHP
MCHP
SPB
SPB
Q4 25
$1.2B
$677.0M
Q3 25
$1.1B
$733.5M
Q2 25
$1.1B
$699.6M
Q1 25
$970.5M
$675.7M
Q4 24
$1.0B
$700.2M
Q3 24
$1.2B
$773.8M
Q2 24
$1.2B
$779.4M
Q1 24
$1.3B
$718.5M
Net Profit
MCHP
MCHP
SPB
SPB
Q4 25
$62.7M
$28.4M
Q3 25
$41.7M
$55.6M
Q2 25
$-18.6M
$19.9M
Q1 25
$-154.6M
$900.0K
Q4 24
$-53.6M
$23.5M
Q3 24
$78.4M
$28.5M
Q2 24
$129.3M
$6.1M
Q1 24
$154.7M
$61.1M
Gross Margin
MCHP
MCHP
SPB
SPB
Q4 25
59.6%
35.7%
Q3 25
55.9%
35.0%
Q2 25
53.6%
37.8%
Q1 25
51.6%
37.5%
Q4 24
54.7%
36.8%
Q3 24
57.4%
37.2%
Q2 24
59.4%
38.9%
Q1 24
59.6%
38.1%
Operating Margin
MCHP
MCHP
SPB
SPB
Q4 25
12.8%
4.0%
Q3 25
7.8%
4.0%
Q2 25
3.0%
4.5%
Q1 25
-10.3%
2.9%
Q4 24
3.0%
6.4%
Q3 24
12.6%
2.8%
Q2 24
17.7%
6.1%
Q1 24
19.1%
10.6%
Net Margin
MCHP
MCHP
SPB
SPB
Q4 25
5.3%
4.2%
Q3 25
3.7%
7.6%
Q2 25
-1.7%
2.8%
Q1 25
-15.9%
0.1%
Q4 24
-5.2%
3.4%
Q3 24
6.7%
3.7%
Q2 24
10.4%
0.8%
Q1 24
11.7%
8.5%
EPS (diluted)
MCHP
MCHP
SPB
SPB
Q4 25
$0.06
$1.21
Q3 25
$0.03
$2.19
Q2 25
$-0.09
$0.80
Q1 25
$-0.29
$0.03
Q4 24
$-0.10
$0.84
Q3 24
$0.14
$1.03
Q2 24
$0.24
$0.21
Q1 24
$0.29
$2.01

Balance Sheet & Financial Strength

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

Metric
MCHP
MCHP
SPB
SPB
Cash + ST InvestmentsLiquidity on hand
$250.7M
$126.6M
Total DebtLower is stronger
$5.4B
Stockholders' EquityBook value
$6.6B
$1.9B
Total Assets
$14.3B
$3.4B
Debt / EquityLower = less leverage
0.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MCHP
MCHP
SPB
SPB
Q4 25
$250.7M
$126.6M
Q3 25
$236.8M
$123.6M
Q2 25
$566.5M
$122.0M
Q1 25
$771.7M
$96.0M
Q4 24
$586.0M
$179.9M
Q3 24
$286.1M
$368.9M
Q2 24
$315.1M
$306.8M
Q1 24
$319.7M
$1.2B
Total Debt
MCHP
MCHP
SPB
SPB
Q4 25
$5.4B
Q3 25
$5.4B
$496.1M
Q2 25
$5.5B
Q1 25
$5.6B
Q4 24
$6.7B
Q3 24
$6.4B
$496.1M
Q2 24
$6.2B
Q1 24
$6.0B
Stockholders' Equity
MCHP
MCHP
SPB
SPB
Q4 25
$6.6B
$1.9B
Q3 25
$6.7B
$1.9B
Q2 25
$6.9B
$1.9B
Q1 25
$7.1B
$1.9B
Q4 24
$6.0B
$2.0B
Q3 24
$6.3B
$2.1B
Q2 24
$6.4B
$2.1B
Q1 24
$6.7B
$2.3B
Total Assets
MCHP
MCHP
SPB
SPB
Q4 25
$14.3B
$3.4B
Q3 25
$14.5B
$3.4B
Q2 25
$15.0B
$3.5B
Q1 25
$15.4B
$3.5B
Q4 24
$15.6B
$3.6B
Q3 24
$15.6B
$3.8B
Q2 24
$15.8B
$3.8B
Q1 24
$15.9B
$4.8B
Debt / Equity
MCHP
MCHP
SPB
SPB
Q4 25
0.82×
Q3 25
0.80×
0.26×
Q2 25
0.80×
Q1 25
0.80×
Q4 24
1.12×
Q3 24
1.02×
0.23×
Q2 24
0.96×
Q1 24
0.90×

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
SPB
SPB
Operating Cash FlowLast quarter
$341.4M
$67.4M
Free Cash FlowOCF − Capex
$318.9M
$59.3M
FCF MarginFCF / Revenue
26.9%
8.8%
Capex IntensityCapex / Revenue
1.9%
1.2%
Cash ConversionOCF / Net Profit
5.44×
2.37×
TTM Free Cash FlowTrailing 4 quarters
$819.9M
$302.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MCHP
MCHP
SPB
SPB
Q4 25
$341.4M
$67.4M
Q3 25
$88.1M
$171.1M
Q2 25
$275.6M
$81.8M
Q1 25
$205.9M
$23.1M
Q4 24
$271.5M
$-72.4M
Q3 24
$43.6M
$80.7M
Q2 24
$377.1M
$82.7M
Q1 24
$430.0M
$3.5M
Free Cash Flow
MCHP
MCHP
SPB
SPB
Q4 25
$318.9M
$59.3M
Q3 25
$51.6M
$157.9M
Q2 25
$257.7M
$71.8M
Q1 25
$191.7M
$13.9M
Q4 24
$253.4M
$-78.3M
Q3 24
$22.8M
$67.7M
Q2 24
$304.2M
$72.6M
Q1 24
$389.9M
$-9.0M
FCF Margin
MCHP
MCHP
SPB
SPB
Q4 25
26.9%
8.8%
Q3 25
4.5%
21.5%
Q2 25
24.0%
10.3%
Q1 25
19.8%
2.1%
Q4 24
24.7%
-11.2%
Q3 24
2.0%
8.7%
Q2 24
24.5%
9.3%
Q1 24
29.4%
-1.3%
Capex Intensity
MCHP
MCHP
SPB
SPB
Q4 25
1.9%
1.2%
Q3 25
3.2%
1.8%
Q2 25
1.7%
1.4%
Q1 25
1.5%
1.4%
Q4 24
1.8%
0.8%
Q3 24
1.8%
1.7%
Q2 24
5.9%
1.3%
Q1 24
3.0%
1.7%
Cash Conversion
MCHP
MCHP
SPB
SPB
Q4 25
5.44×
2.37×
Q3 25
2.11×
3.08×
Q2 25
4.11×
Q1 25
25.67×
Q4 24
-3.08×
Q3 24
0.56×
2.83×
Q2 24
2.92×
13.56×
Q1 24
2.78×
0.06×

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%

SPB
SPB

HPC Segment$321.5M47%
Global Pet Supplies$168.7M25%
Home And Personal Care$109.8M16%
HG Segment$73.9M11%

Related Comparisons