Microchip Technology Incorporated (MCHP) balance sheet
NASDAQ · Technology · Semiconductors · 17,900 employees · CEO Steve Sanghi
- Price
- $77.34 -4.66%
- Market cap
- $42B
- Enterprise value
- $47.1B
- Last report
- Q1 '27 filed 2026-08-06
- Next report
- 2026-11-05 EPS est. $0.94
At the end of Q1 '27 Microchip Technology Incorporated (MCHP) held $272M in cash and short-term investments against $5.4B of debt incl. leases. Total assets $14.4B, total liabilities $7.96B, shareholders' equity $6.45B.
Balance sheet
| Balance sheet | Trend | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $257M | $281M | $320M | $315M | $286M | $586M | $772M | $567M | $237M | $251M | $240M | $272M | |
| Receivables | $1.71B | $1.4B | $1.14B | $1.1B | $1.04B | $857M | $690M | $766M | $746M | $731M | $895M | $968M | |
| Inventory | $1.33B | $1.31B | $1.32B | $1.31B | $1.34B | $1.36B | $1.29B | $1.17B | $1.1B | $1.06B | $1.04B | $1.05B | |
| Other current assets | $233M | $229M | $234M | $229M | $236M | $196M | $236M | $253M | $272M | $251M | $207M | $199M | |
| Current assets | $3.53B | $3.22B | $3.01B | $2.95B | $2.91B | $3B | $2.99B | $2.75B | $2.35B | $2.29B | $2.38B | $2.49B | |
| Property, plant & equipment (net) | $1.21B | $1.21B | $1.19B | $1.2B | $1.17B | $1.15B | $1.18B | $1.15B | $1.15B | $1.13B | $1.11B | $1.08B | |
| Goodwill | $6.68B | $6.68B | $6.68B | $6.68B | $6.68B | $6.68B | $6.68B | $6.7B | $6.7B | $6.7B | $6.7B | $6.7B | |
| Intangible assets | $3.09B | $2.94B | $2.78B | $2.78B | $2.65B | $2.52B | $2.39B | $2.29B | $2.17B | $2.1B | $2.03B | $2B | |
| Deferred tax assets | $1.58B | $1.54B | $1.6B | $1.6B | $1.64B | $1.7B | $1.73B | $1.73B | $1.74B | $1.74B | $1.79B | $1.78B | |
| Other non-current assets | $528M | $565M | $612M | $637M | $572M | $577M | $398M | $350M | $362M | $368M | $364M | $358M | |
| Non-current assets | $13.1B | $12.9B | $12.9B | $12.9B | $12.7B | $12.6B | $12.4B | $12.2B | $12.1B | $12B | $12B | $11.9B | |
| Total assets | $16.6B | $16.1B | $15.9B | $15.8B | $15.6B | $15.6B | $15.4B | $15B | $14.5B | $14.3B | $14.4B | $14.4B | |
| Liabilities | |||||||||||||
| Accounts payable | $284M | $242M | $213M | $196M | $204M | $196M | $161M | $162M | $170M | $161M | $206M | $229M | |
| Accrued expenses | $243M | $250M | $223M | $267M | $241M | $232M | $209M | $251M | $211M | $224M | $218M | $270M | |
| Short-term debt | $1.66B | $1.66B | $999M | $0 | $1.95B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxes payable | $108M | $65.1M | $90.8M | $111M | $86M | $146M | $99.1M | $86.2M | $561M | $573M | $0 | $580M | |
| Deferred revenue | $176M | $203M | $262M | $263M | $241M | $238M | $213M | $160M | $160M | $163M | $179M | $174M | |
| Other current liabilities | $909M | $838M | $698M | $649M | $532M | $485M | $438M | $495M | $466M | $474M | $471M | $541M | |
| Current liabilities | $3.41B | $3.29B | $2.52B | $1.52B | $3.29B | $1.33B | $1.16B | $1.19B | $1.04B | $1.06B | $1.14B | $1.29B | |
| Long-term debt | $4.41B | $4.03B | $5B | $6.17B | $4.48B | $6.75B | $5.63B | $5.46B | $5.38B | $5.37B | $5.5B | $5.36B | |
| Deferred revenue (non-current) | $0 | $0 | $0 | $652M | $630M | $568M | $0 | $0 | $226M | $0 | $0 | $257M | |
| Deferred tax liabilities | $34.1M | $33M | $28.8M | $32.2M | $29.8M | $22.9M | $33.8M | $36.3M | $35.2M | $29.6M | $25.1M | $25.4M | |
| Other non-current liabilities | $1.77B | $1.7B | $1.67B | $1.06B | $924M | $930M | $1.48B | $1.44B | $1.09B | $1.31B | $1.27B | $1.02B | |
| Non-current liabilities | $6.22B | $5.77B | $6.7B | $7.91B | $6.06B | $8.27B | $7.14B | $6.93B | $6.73B | $6.71B | $6.8B | $6.66B | |
| Total liabilities | $9.63B | $9.06B | $9.22B | $9.43B | $9.35B | $9.6B | $8.3B | $8.12B | $7.77B | $7.77B | $7.93B | $7.96B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $500K | $500K | $500K | $500K | $500K | $500K | $600K | $600K | $600K | $600K | $600K | $600K | |
| Retained earnings | $6.67B | $6.85B | $6.76B | $6.65B | $6.48B | $6.18B | $5.78B | $5.49B | $5.26B | $5.05B | $4.92B | $4.87B | |
| Accumulated other comprehensive income | -$2.8M | -$4.8M | -$3.5M | -$3.7M | -$7.8M | -$3.3M | -$1.7M | -$6.4M | -$6.2M | -$6.7M | -$4.2M | -$3.7M | |
| Shareholders' equity | $6.97B | $7.08B | $6.66B | $6.41B | $6.28B | $6.03B | $7.08B | $6.86B | $6.7B | $6.56B | $6.43B | $6.45B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $6.11B | $5.73B | $6.03B | $6.2B | $6.46B | $6.78B | $5.67B | $5.49B | $5.41B | $5.4B | $5.54B | $5.4B | |
| Net debt (debt - cash) | $5.85B | $5.45B | $5.71B | $5.89B | $6.17B | $6.2B | $4.89B | $4.93B | $5.18B | $5.15B | $5.29B | $5.13B | |
| Balance sheet | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $909M | $901M | $429M | $401M | $280M | $317M | $234M | $320M | $772M | $240M | |
| Short-term investments | $394M | $1.3B | $2.3M | $2M | $2M | $2M | $0 | $0 | $0 | $0 | |
| Receivables | $478M | $564M | $881M | $934M | $998M | $1.07B | $1.31B | $1.14B | $690M | $895M | |
| Inventory | $417M | $476M | $712M | $686M | $665M | $854M | $1.32B | $1.32B | $1.29B | $1.04B | |
| Other current assets | $65.3M | $120M | $192M | $195M | $201M | $206M | $205M | $234M | $236M | $207M | |
| Current assets | $2.31B | $3.36B | $2.21B | $2.22B | $2.15B | $2.45B | $3.07B | $3.01B | $2.99B | $2.38B | |
| Property, plant & equipment (net) | $683M | $768M | $997M | $876M | $855M | $968M | $1.18B | $1.19B | $1.18B | $1.11B | |
| Long-term investments | $107M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Goodwill | $2.3B | $2.3B | $6.66B | $6.66B | $6.67B | $6.67B | $6.67B | $6.68B | $6.68B | $6.7B | |
| Intangible assets | $2.15B | $1.66B | $6.69B | $5.7B | $4.79B | $4.04B | $3.37B | $2.78B | $2.39B | $2.03B | |
| Deferred tax assets | $68.9M | $100M | $1.68B | $1.75B | $1.75B | $1.8B | $1.62B | $1.6B | $1.73B | $1.79B | |
| Other non-current assets | $66.8M | $71.8M | $112M | $217M | $264M | $265M | $457M | $612M | $398M | $364M | |
| Non-current assets | $5.37B | $4.9B | $16.1B | $15.2B | $14.3B | $13.7B | $13.3B | $12.9B | $12.4B | $12B | |
| Total assets | $7.68B | $8.26B | $18.4B | $17.4B | $16.5B | $16.2B | $16.4B | $15.9B | $15.4B | $14.4B | |
| Liabilities | |||||||||||
| Accounts payable | $149M | $144M | $226M | $247M | $292M | $345M | $397M | $213M | $161M | $206M | |
| Accrued expenses | $213M | $115M | $240M | $209M | $194M | $277M | $335M | $223M | $209M | $218M | |
| Short-term debt | $50M | $1.31B | $1.36B | $609M | $1.32B | $0 | $1.4B | $999M | $0 | $0 | |
| Taxes payable | $0 | $27.5M | $46.9M | $38M | $43.4M | $122M | $106M | $90.8M | $99.1M | $0 | |
| Deferred revenue | $293M | $334M | $0 | $0 | $0 | $73.2M | $121M | $262M | $213M | $179M | |
| Other current liabilities | $0 | $87.6M | $500M | $491M | $517M | $549M | $730M | $698M | $438M | $471M | |
| Current liabilities | $704M | $2.02B | $2.37B | $1.64B | $2.41B | $1.4B | $3.12B | $2.52B | $1.16B | $1.14B | |
| Long-term debt | $2.9B | $1.76B | $8.95B | $8.87B | $7.58B | $7.69B | $5.04B | $5B | $5.63B | $5.5B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $94.7M | $125M | $129M | $129M | $0 | $0 | $0 | |
| Deferred tax liabilities | $409M | $206M | $706M | $319M | $43.9M | $39.8M | $42.7M | $28.8M | $33.8M | $25.1M | |
| Other non-current liabilities | $402M | $996M | $1.04B | $917M | $982M | $1.05B | $1.53B | $1.67B | $1.48B | $1.27B | |
| Non-current liabilities | $3.7B | $2.96B | $10.7B | $10.2B | $8.73B | $8.91B | $6.74B | $6.7B | $7.14B | $6.8B | |
| Total liabilities | $4.41B | $4.98B | $13.1B | $11.8B | $11.1B | $10.3B | $9.86B | $9.22B | $8.3B | $7.93B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $229K | $200K | $200K | $200K | $500K | $600K | $500K | $500K | $600K | $600K | |
| Retained earnings | $1.48B | $1.4B | $3.21B | $3.43B | $3.39B | $4.18B | $5.76B | $6.76B | $5.78B | $4.92B | |
| Accumulated other comprehensive income | -$14.4M | -$17.6M | -$20.7M | -$21.6M | -$26.2M | -$20.6M | -$4.1M | -$3.5M | -$1.7M | -$4.2M | |
| Shareholders' equity | $3.27B | $3.28B | $5.29B | $5.59B | $5.34B | $5.89B | $6.51B | $6.66B | $7.08B | $6.43B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $2.95B | $3.07B | $10.3B | $9.62B | $9.07B | $7.85B | $6.6B | $6.03B | $5.67B | $5.54B | |
| Net debt (debt - cash) | $2.04B | $2.17B | $9.88B | $9.22B | $8.79B | $7.53B | $6.37B | $5.71B | $4.89B | $5.29B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-K 2026-03-31, 10-Q 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-K 2025-03-31, 10-Q 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02