PerpEquities

Equity · Technology

Microchip Technology Incorporated (MCHP) perpetual futures

MCHP perpetual futures on 2 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade MCHPUSDT.

Microchip Technology Incorporated tracked across crypto venues with normalized contract specifications.

$74.51-0.4%NASDAQ closed
Open in terminal

Price chart

 

Use the left and right arrow keys to inspect points on the chart.

Collecting venue price data...
venue perp mark · Gate.io (MCHP/USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

2/2 live markets
Venues
2
Live markets
2/2
24h volume
$6.8K
Open interest
$62.2K
Best liquidity
$200K
Extended
Tightest spread
+98.1 bps
Extended
Highest volume
$4.4K
Gate.io
Settlement mix
USD · 1/2
Perp/spot vol.
0.00x
Spot volume $573.7M
OI / float
0.00%
Float $39.6B
Spot performance
1D-0.38%
5D+5.65%
1M+1.78%
6M+15.08%
YTD+18.53%
1Y+14.70%

Venue matrix

2 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
Gate.ioTradeMCHP/USDTTrading$74.890.0% APR
0.000% every 8h
+410.2 bps-$4.4K$61.1KUSDT20x
ExtendedTradeMCHP/USDTrading$74.51+4.4% APR
+0.00050% every 1h
+98.1 bps$200K$2.4K$1KUSD10x

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Thin liquidity · 1 of 2 venues absorb $10k · Typical cost: +76.5 bps

Cheapest execution: Extended · +76.5 bps

No fresh book data: Gate.io

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

MCHP

Tightest spread

MCHP

Highest volume

MCHP

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 1h ago
Market cap
$41B
Updated 1h ago
Revenue
$5.1B
Trailing 12 months
Revenue growth
+36%
Next fiscal year
Profit margin
+8.8%
P/E
104.7
Peer P/E 36.0
Free cash flow
$1.1B
Trailing 12 months
More metrics
Net income
$450.6M
Trailing 12 months
P/S
8.0
Peer P/E
36.0
Similar listed perps
Revenue estimate
$6.4B
Next fiscal year
Earnings
2026-11-05
Revenue est. $1.6B · Updated 1h ago
Dividend
$0.455
2026-08-24

Fundamental detail

Annual + quarterly
Latest revenue$4.7B
Net margin+4.3%
Free cash flow$871M
Net debt$5.3B
2021$5.4B
2022$6.8B
2023$8.4B
2024$7.6B
2025$4.4B
2026$4.7B
PeriodRevenueGrowthNet incomeFCF
2021$5.4B+3%$349.4M$1.8B
2022$6.8B+25%$1.3B$2.5B
2023$8.4B+24%$2.2B$3.1B
2024$7.6B-10%$1.9B$2.6B
2025$4.4B-42%-$500K$772.1M
2026$4.7B+7%$202.2M$871M
PeriodGross marginOperating marginNet marginROEROA
2021+62.1%+18.4%+6.4%+6.5%+2.1%
2022+65.2%+27.1%+18.8%+21.8%+7.9%
2023+67.5%+36.9%+26.5%+34.4%+13.7%
2024+65.4%+33.7%+25.0%+28.6%+12.0%
2025+56.1%+6.7%0.0%0.0%0.0%
2026+57.7%+10.4%+4.3%+3.1%+1.4%
PeriodCashDebtNet debtCurrent ratio
2021$280M$9.1B$8.8B0.89
2022$317.4M$7.8B$7.5B1.75
2023$234M$6.6B$6.4B0.98
2024$319.7M$6B$5.7B1.20
2025$771.7M$5.7B$4.9B2.59
2026$240.3M$5.5B$5.3B2.09
PeriodMarket capEnterprise valueP/SP/E
2021$40.3B$49.1B7.4115.8
2022$41.5B$49B6.132.2
2023$46.1B$52.5B5.520.6
2024$48.6B$54.4B6.425.5
2025$26B$30.9B5.9-9,682.0
2026$35B$40.3B7.4239.3
Q2 2025$1.2B
Q3 2025$1B
Q4 2025$970.5M
Q1 2026$1.1B
Q2 2026$1.1B
Q3 2026$1.2B
Q4 2026$1.3B
Q1 2027$1.5B
PeriodRevenueGrowthNet incomeFCF
Q2 2025$1.2B-48%$78.4M$22.8M
Q3 2025$1B-42%-$53.6M$253.4M
Q4 2025$970.5M-27%-$154.6M$191.7M
Q1 2026$1.1B-13%-$18.6M$257.7M
Q2 2026$1.1B-2%$41.7M$51.6M
Q3 2026$1.2B+16%$34.9M$318.9M
Q4 2026$1.3B+35%$144.2M$242.8M
Q1 2027$1.5B+38%$229.8M$497.6M
PeriodGross marginOperating marginNet marginROEROA
Q2 2025+57.4%+12.6%+6.7%+1.2%+0.5%
Q3 2025+54.7%+3.0%-5.2%-0.9%-0.3%
Q4 2025+51.6%-10.3%-15.9%-2.2%-1.0%
Q1 2026+53.6%+3.0%-1.7%-0.3%-0.1%
Q2 2026+55.9%+8.3%+3.7%+0.6%+0.3%
Q3 2026+59.6%+12.8%+2.9%+0.5%+0.2%
Q4 2026+61.0%+16.1%+11.0%+2.2%+1.0%
Q1 2027+63.2%+22.7%+15.5%+3.6%+1.6%
PeriodCashDebtNet debtCurrent ratio
Q2 2025$286.1M$6.5B$6.2B0.88
Q3 2025$586M$6.8B$6.2B2.25
Q4 2025$771.7M$5.7B$4.9B2.59
Q1 2026$566.5M$5.5B$4.9B2.31
Q2 2026$236.8M$5.4B$5.2B2.25
Q3 2026$250.7M$5.4B$5.2B2.16
Q4 2026$240.3M$5.5B$5.3B2.09
Q1 2027$272.3M$5.4B$5.1B1.92
PeriodMarket capEnterprise valueP/SP/E
Q2 2025$43.1B$49.3B37.0133.8
Q3 2025$30.8B$37B30.0-143.8
Q4 2025$26B$30.9B26.8-41.7
Q1 2026$37.9B$42.9B35.3-204.3
Q2 2026$34.6B$39.8B30.4208.5
Q3 2026$34.4B$39.5B29.0246.2
Q4 2026$35B$40.3B26.776.9
Q1 2027$49.5B$54.6B33.361.6

Refreshed 1h ago

Charts: revenue, profit, cash flow & valuation
Revenue$1.5BQ1 2027
$563.6M$1.1B$1.7B$2.3BQ2 2024: $2.3BQ3 2024: $1.8BQ4 2024: $1.3BQ1 2025: $1.2BQ2 2025: $1.2BQ3 2025: $1BQ4 2025: $970.5MQ1 2026: $1.1BQ2 2026: $1.1BQ3 2026: $1.2BQ4 2026: $1.3BQ1 2027: $1.5BQ2 2024Q1 2027
Net income$229.8MQ1 2027
$50.7M$256M$461.3M$666.6MQ2 2024: $666.6MQ3 2024: $419.2MQ4 2024: $154.7MQ1 2025: $129.3MQ2 2025: $78.4MQ3 2025: -$53.6MQ4 2025: -$154.6MQ1 2026: -$18.6MQ2 2026: $41.7MQ3 2026: $34.9MQ4 2026: $144.2MQ1 2027: $229.8MQ2 2024Q1 2027
EBITDA$495.4MQ1 2027
$274.4M$548.8M$823.2M$1.1BQ2 2024: $1.1BQ3 2024: $751.2MQ4 2024: $471.4MQ1 2025: $410.3MQ2 2025: $335.9MQ3 2025: $207.6MQ4 2025: $86.6MQ1 2026: $211.3MQ2 2026: $260.8MQ3 2026: $328.3MQ4 2026: $600.3MQ1 2027: $495.4MQ2 2024Q1 2027
Free cash flow$497.6MQ1 2027
$198.5M$396.9M$595.4M$793.8MQ2 2024: $541.8MQ3 2024: $793.8MQ4 2024: $389.9MQ1 2025: $304.2MQ2 2025: $22.8MQ3 2025: $253.4MQ4 2025: $191.7MQ1 2026: $257.7MQ2 2026: $51.6MQ3 2026: $318.9MQ4 2026: $242.8MQ1 2027: $497.6MQ2 2024Q1 2027
EPS$0.37Q1 2027
$0.09$0.46$0.84$1.21Q2 2024: $1.21Q3 2024: $0.77Q4 2024: $0.28Q1 2025: $0.24Q2 2025: $0.14Q3 2025: -$0.1Q4 2025: -$0.29Q1 2026: -$0.09Q2 2026: $0.08Q3 2026: $0.06Q4 2026: $0.21Q1 2027: $0.37Q2 2024Q1 2027
Cash / Debt$272.3MQ1 2027
$1.7B$3.4B$5.1B$6.8BQ2 2024 · Cash: $256.6MQ2 2024 · Debt: $6.1BQ3 2024 · Cash: $281MQ3 2024 · Debt: $5.7BQ4 2024 · Cash: $319.7MQ4 2024 · Debt: $6BQ1 2025 · Cash: $315.1MQ1 2025 · Debt: $6.2BQ2 2025 · Cash: $286.1MQ2 2025 · Debt: $6.5BQ3 2025 · Cash: $586MQ3 2025 · Debt: $6.8BQ4 2025 · Cash: $771.7MQ4 2025 · Debt: $5.7BQ1 2026 · Cash: $566.5MQ1 2026 · Debt: $5.5BQ2 2026 · Cash: $236.8MQ2 2026 · Debt: $5.4BQ3 2026 · Cash: $250.7MQ3 2026 · Debt: $5.4BQ4 2026 · Cash: $240.3MQ4 2026 · Debt: $5.5BQ1 2027 · Cash: $272.3MQ1 2027 · Debt: $5.4BQ2 2024Q1 2027
CashDebt
Profitability+63.2%Q1 2027
+5.0%+25.9%+46.8%+67.8%Q2 2024 · Gross margin: +67.8%Q3 2024 · Gross margin: +63.4%Q4 2024 · Gross margin: +59.6%Q1 2025 · Gross margin: +59.4%Q2 2025 · Gross margin: +57.4%Q3 2025 · Gross margin: +54.7%Q4 2025 · Gross margin: +51.6%Q1 2026 · Gross margin: +53.6%Q2 2026 · Gross margin: +55.9%Q3 2026 · Gross margin: +59.6%Q4 2026 · Gross margin: +61.0%Q1 2027 · Gross margin: +63.2%Q2 2024 · Operating margin: +39.3%Q3 2024 · Operating margin: +30.0%Q4 2024 · Operating margin: +19.1%Q1 2025 · Operating margin: +17.7%Q2 2025 · Operating margin: +12.6%Q3 2025 · Operating margin: +3.0%Q4 2025 · Operating margin: -10.3%Q1 2026 · Operating margin: +3.0%Q2 2026 · Operating margin: +8.3%Q3 2026 · Operating margin: +12.8%Q4 2026 · Operating margin: +16.1%Q1 2027 · Operating margin: +22.7%Q2 2024 · Net margin: +29.6%Q3 2024 · Net margin: +23.7%Q4 2024 · Net margin: +11.7%Q1 2025 · Net margin: +10.4%Q2 2025 · Net margin: +6.7%Q3 2025 · Net margin: -5.2%Q4 2025 · Net margin: -15.9%Q1 2026 · Net margin: -1.7%Q2 2026 · Net margin: +3.7%Q3 2026 · Net margin: +2.9%Q4 2026 · Net margin: +11.0%Q1 2027 · Net margin: +15.5%Q2 2024Q1 2027
Gross marginOperating marginNet margin
Revenue growth+38.0%Q1 2027
-26.8%-5.2%+16.4%+38.0%Q2 2025: -48.4%Q3 2025: -41.9%Q4 2025: -26.8%Q1 2026: -13.4%Q2 2026: -2.0%Q3 2026: +15.6%Q4 2026: +35.1%Q1 2027: +38.0%Q2 2024Q1 2027
Shares outstanding550.5MQ1 2027
137.6M275.3M412.9M550.5MQ2 2024: 549.2MQ3 2024: 546.5MQ4 2024: 544.8MQ1 2025: 542.8MQ2 2025: 542MQ3 2025: 537.4MQ4 2025: 537.4MQ1 2026: 539.2MQ2 2026: 539.2MQ3 2026: 545.5MQ4 2026: 547.9MQ1 2027: 550.5MQ2 2024Q1 2027
Valuation61.6Q1 2027
-91.720.9133.6246.2Q2 2024 · P/E: 15.9Q3 2024 · P/E: 28.9Q4 2024 · P/E: 77.4Q1 2025 · P/E: 95.4Q2 2025 · P/E: 133.8Q3 2025 · P/E: -143.8Q4 2025 · P/E: -41.7Q1 2026 · P/E: -204.3Q2 2026 · P/E: 208.5Q3 2026 · P/E: 246.2Q4 2026 · P/E: 76.9Q1 2027 · P/E: 61.6Q2 2024 · P/S: 18.8Q3 2024 · P/S: 27.6Q4 2024 · P/S: 36.5Q1 2025 · P/S: 39.6Q2 2025 · P/S: 37.0Q3 2025 · P/S: 30.0Q4 2025 · P/S: 26.8Q1 2026 · P/S: 35.3Q2 2026 · P/S: 30.4Q3 2026 · P/S: 29.0Q4 2026 · P/S: 26.7Q1 2027 · P/S: 33.3Q2 2024Q1 2027
P/EP/S
Revenue$4.7B2026
$2.1B$4.2B$6.3B$8.4B2019: $5.3B2020: $5.3B2021: $5.4B2022: $6.8B2023: $8.4B2024: $7.6B2025: $4.4B2026: $4.7B20192026
Net income$202.2M2026
$559.1M$1.1B$1.7B$2.2B2019: $355.9M2020: $570.6M2021: $349.4M2022: $1.3B2023: $2.2B2024: $1.9B2025: -$500K2026: $202.2M20192026
EBITDA$1.4B2026
$1B$2.1B$3.1B$4.1B2019: $1.6B2020: $1.8B2021: $1.8B2022: $2.9B2023: $4.1B2024: $3.4B2025: $1B2026: $1.4B20192026
Free cash flow$871M2026
$783.7M$1.6B$2.4B$3.1B2019: $1.4B2020: $1.5B2021: $1.8B2022: $2.5B2023: $3.1B2024: $2.6B2025: $772.1M2026: $871M20192026
EPS$0.262026
$1$2.01$3.01$4.022019: $0.712020: $1.112021: $0.652022: $2.272023: $4.022024: $3.482025: -$0.012026: $0.2620192026
Cash / Debt$240.3M2026
$2.6B$5.2B$7.7B$10.3B2019 · Cash: $428.6M2019 · Debt: $10.3B2020 · Cash: $401M2020 · Debt: $9.6B2021 · Cash: $280M2021 · Debt: $9.1B2022 · Cash: $317.4M2022 · Debt: $7.8B2023 · Cash: $234M2023 · Debt: $6.6B2024 · Cash: $319.7M2024 · Debt: $6B2025 · Cash: $771.7M2025 · Debt: $5.7B2026 · Cash: $240.3M2026 · Debt: $5.5B20192026
CashDebt
Profitability+57.7%2026
+16.9%+33.8%+50.6%+67.5%2019 · Gross margin: +54.8%2020 · Gross margin: +61.5%2021 · Gross margin: +62.1%2022 · Gross margin: +65.2%2023 · Gross margin: +67.5%2024 · Gross margin: +65.4%2025 · Gross margin: +56.1%2026 · Gross margin: +57.7%2019 · Operating margin: +13.4%2020 · Operating margin: +12.3%2021 · Operating margin: +18.4%2022 · Operating margin: +27.1%2023 · Operating margin: +36.9%2024 · Operating margin: +33.7%2025 · Operating margin: +6.7%2026 · Operating margin: +10.4%2019 · Net margin: +6.7%2020 · Net margin: +10.8%2021 · Net margin: +6.4%2022 · Net margin: +18.8%2023 · Net margin: +26.5%2024 · Net margin: +25.0%2025 · Net margin: 0.0%2026 · Net margin: +4.3%20192026
Gross marginOperating marginNet margin
Revenue growth+7.1%2026
-25.4%-8.5%+8.5%+25.4%2020: -1.4%2021: +3.1%2022: +25.4%2023: +23.7%2024: -9.5%2025: -42.3%2026: +7.1%20192026
Shares outstanding547.9M2026
141.5M283M424.4M565.9M2019: 499.8M2020: 512.4M2021: 541.2M2022: 565.9M2023: 557.3M2024: 548M2025: 537.3M2026: 547.9M20192026
Valuation239.32026
-7,201.7-4,721.4-2,241.0239.32019 · P/E: 57.52020 · P/E: 28.52021 · P/E: 115.82022 · P/E: 32.22023 · P/E: 20.62024 · P/E: 25.52025 · P/E: -9,682.02026 · P/E: 239.32019 · P/S: 3.92020 · P/S: 3.12021 · P/S: 7.42022 · P/S: 6.12023 · P/S: 5.52024 · P/S: 6.42025 · P/S: 5.92026 · P/S: 7.420192026
P/EP/S

Next catalyst

Catalysts

Earnings
2026-11-05
Revenue est. $1.6B · Updated 1h ago
Dividend
$0.455
2026-08-24

No unusual perp activity right now.

FMP reference data

Market context

Reference market

Closed
NASDAQ
Regular hours
09:30 AM04:00 PM
Next holiday
Nov 26, 2026 · Thanksgiving Day

After-hours reference

Bid74.23
Ask74.59
Volume11,084

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20273.64$6.4B+36%16
FY 20284.57$7.4B+58%16
FY 20295.23$8.2B+75%5
Q2 20271.07$1.8B+56%6
Q3 20271.16$1.9B+58%6
Q4 20271.14$1.9B+43%6

Company events

6
2026-11-05EarningsActual - / Estimate 0.92-
2026-08-24Dividend$0.455-
2026-08-06EarningsActual 0.76 / Estimate 0.7Beat
2026-05-22Dividend$0.455-
2026-05-07EarningsActual 0.57 / Estimate 0.51Beat
2026-02-23Dividend$0.455-

Peer comparison

Similar listed perps

Analyst track record

How the analysts covering MCHP have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings129378
Analysts2633
Buy / hold / sell91 / 38 / 0271 / 101 / 6
Upgrades / downgrades / initiations4 / 0 / 39 / 6 / 8
Price targets hit / missed26 / 96 (21%)121 / 232 (34%)
Avg. return after a rating (TipRanks)-14.2%-6.4%
Best / worst call+30.2% / -41.9%+115.8% / -41.9%

After buy calls on this stock: not enough measured cases yet

Latest ratings

DateAnalystCallTarget
Sep 18, 2026Joseph MooreMorgan StanleyHoldReiterated$103
Aug 20, 2026Unknown AnalystBMO CapitalBuyInitiated$95.00
Aug 20, 2026Harsh KumarBMO CapitalBuyInitiated$95.00
Aug 11, 2026William SteinTruist FinancialHoldMaintained$90.00
Aug 10, 2026Atif MalikCitiBuyMaintained$95.00

TipRanks data via FMP · computed Sep 24, 2026 · 129 ratings

Frequently asked questions

Where can I trade MCHP perpetual futures?

Microchip Technology Incorporated (MCHP) perpetual futures trade on 2 crypto venues, including Gate.io, Extended. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade MCHP around the clock?

Yes. Unlike the underlying stock, MCHP perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on MCHP perpetuals?

Right now the MCHP perp funding rate is +2.2% annualized (venue median), ranging from 0.0% to +4.4% across 2 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the MCHP perp price compare to the Microchip Technology Incorporated stock?

The venue-median MCHP perp mark is $74.7 versus a reference stock price of $74.5, a basis of +0.3%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a MCHP perpetual future?

A MCHP perpetual is a derivative that tracks the price of Microchip Technology Incorporated with no expiry date. It lets you take long or short exposure to Microchip Technology Incorporated on crypto venues, around the clock.

What is MCHPUSDT perpetual?

MCHPUSDT is the symbol most crypto exchanges use for the Microchip Technology Incorporated perpetual settled in USDT (Tether). It tracks the MCHP share price through an index, trades 24/7 with leverage and never expires.

Embed this asset

MCHP perpetuals · perpequities.comMCHP perpetuals · perpequities.com
<a href="https://perpequities.com/stocks/mchp-perp"><img src="https://perpequities.com/badge/mchp-perp.svg" width="240" height="64" alt="MCHP perpetuals · perpequities.com" loading="lazy"></a>

Next step

Stay on top of MCHP perps

Signals with a track record

Analysts who hit 70%+ of their targets on the perps we track, congress buys over $500k, 13F positions over $5M, funding spreads that have paid for days. Every post shows the evidence. Free, no sign-up.

Join on Telegram

Weekly digest by email

The listings, funding and moves that matter for MCHP — one email every Sunday.

Watchlist and alerts

Price and funding alerts for MCHP, via push or Telegram.

Set an alert

Follow the live feed

Daily movers, new listings and funding extremes as they happen.

Follow on X