Microchip Technology Incorporated (MCHP) income statement
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
Microchip Technology Incorporated (MCHP) reported revenue of $1.48B for Q1 '27 (+38.0% year on year), operating income of $337M (22.7% of revenue) and net income of $230M. Over the last four quarters revenue was $5.12B.
Income statement
| Income statement | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.25B | $1.77B | $1.33B | $1.24B | $1.16B | $1.03B | $971M | $1.08B | $1.14B | $1.19B | $1.31B | $1.48B | |
| Cost of revenue | $727M | $646M | $536M | $504M | $495M | $465M | $469M | $499M | $503M | $479M | $512M | $546M | |
| Gross profit | $1.53B | $1.12B | $790M | $737M | $669M | $561M | $501M | $577M | $638M | $707M | $800M | $939M | |
| Research & development | $293M | $266M | $240M | $242M | $241M | $246M | $255M | $256M | $262M | $274M | $294M | $309M | |
| Other operating expenses | $153M | $152M | $134M | $126M | $124M | $126M | $194M | $130M | $108M | $112M | $121M | $109M | |
| Operating expenses | $642M | $591M | $536M | $518M | $522M | $531M | $601M | $545M | $543M | $555M | $589M | $602M | |
| Operating income | $885M | $529M | $254M | $219M | $147M | $30.9M | -$100M | $32.1M | $95.2M | $152M | $211M | $337M | |
| Interest income | $1.6M | $2M | $2.5M | $2.8M | $2M | $1.7M | $2.7M | $4.9M | $3.6M | $1.3M | $1.6M | $1.4M | |
| Interest expense | $46.8M | $49.2M | $55.1M | $59.8M | $56.8M | $66.9M | $67.9M | $57.4M | $56.3M | $55.9M | $51.7M | $48.8M | |
| Other non-operating income (gains on investments, FX ...) | $6.4M | -$2.4M | $300K | -$2.5M | -$1.7M | $10.1M | $100K | -$8.1M | $7.1M | -$4.8M | -$216M | -$1.9M | |
| Total non-operating income | -$51.4M | -$45.1M | -$53.8M | -$57.3M | -$55.1M | -$77M | -$68M | -$47.9M | -$63.4M | -$58.1M | -$47.2M | -$46.9M | |
| Income before tax | $834M | $484M | $200M | $162M | $91.5M | -$46.1M | -$168M | -$15.8M | $31.8M | $93.6M | $164M | $290M | |
| Income tax | $167M | $65.1M | $45M | $32.5M | $13.1M | $7.5M | -$13.7M | $2.8M | -$9.9M | $30.9M | $19.7M | $60.1M | |
| Net income | $667M | $419M | $155M | $129M | $78.4M | -$53.6M | -$155M | -$18.6M | $41.7M | $34.9M | $144M | $230M | |
| EPS (basic) | $1.23 | $0.78 | $0.29 | $0.24 | $0.15 | -$0.10 | -$0.29 | -$0.09 | $0.08 | $0.06 | $0.21 | $0.37 | |
| EPS (diluted) | $1.21 | $0.77 | $0.28 | $0.24 | $0.14 | -$0.10 | -$0.29 | -$0.09 | $0.08 | $0.06 | $0.21 | $0.37 | |
| Shares (basic, weighted) | 543M | 541M | 539M | 537M | 537M | 537M | 537M | 539M | 539M | 539M | 542M | 543M | |
| Shares (diluted, weighted) | 549M | 547M | 545M | 543M | 542M | 537M | 537M | 539M | 539M | 546M | 548M | 551M | |
| Depreciation & amortization | $219M | $219M | $218M | $189M | $188M | $187M | $187M | $171M | $173M | $172M | $174M | $157M | |
| EBITDA | $1.1B | $751M | $471M | $410M | $336M | $208M | $86.6M | $211M | $261M | $328M | $600M | $495M |
| Income statement | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.41B | $3.98B | $5.35B | $5.27B | $5.44B | $6.82B | $8.44B | $7.63B | $4.4B | $4.71B | |
| Cost of revenue | $1.65B | $1.56B | $2.42B | $2.03B | $2.06B | $2.37B | $2.74B | $2.64B | $1.93B | $1.99B | |
| Gross profit | $1.76B | $2.42B | $2.93B | $3.24B | $3.38B | $4.45B | $5.7B | $5B | $2.47B | $2.72B | |
| Research & development | $545M | $529M | $826M | $878M | $836M | $989M | $1.12B | $1.1B | $984M | $1.09B | |
| General & administrative | $500M | $452M | $683M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other operating expenses | $436M | $503M | $708M | $1.04B | $934M | $892M | $666M | $593M | $570M | $471M | |
| Operating expenses | $1.48B | $1.48B | $2.22B | $2.6B | $2.38B | $2.6B | $2.58B | $2.42B | $2.17B | $2.23B | |
| Operating income | $276M | $936M | $714M | $647M | $998M | $1.85B | $3.12B | $2.57B | $296M | $490M | |
| Interest income | $3.08M | $22M | $8.1M | $2.8M | $1.7M | $500K | $2.1M | $7.6M | $9.2M | $11.4M | |
| Interest expense | $146M | $199M | $503M | $497M | $357M | $257M | $204M | $198M | $251M | $221M | |
| Other non-operating income (gains on investments, FX ...) | $39.7M | $0 | $23.4M | $16.5M | $319M | $122M | $11.9M | $14.1M | $6M | -$221M | |
| Total non-operating income | -$186M | -$199M | -$510M | -$497M | -$659M | -$367M | -$206M | -$205M | -$257M | -$217M | |
| Income before tax | $89.8M | $737M | $205M | $150M | $340M | $1.48B | $2.91B | $2.37B | $38.9M | $274M | |
| Income tax | -$80.8M | $482M | -$151M | -$420M | -$9.9M | $197M | $672M | $459M | $39.4M | $43.5M | |
| Net income | $165M | $255M | $356M | $571M | $349M | $1.29B | $2.24B | $1.91B | -$500K | $202M | |
| EPS (basic) | $0.38 | $0.55 | $0.76 | $1.19 | $0.67 | $2.33 | $4.07 | $3.52 | -$0.01 | $0.27 | |
| EPS (diluted) | $0.36 | $0.51 | $0.71 | $1.11 | $0.65 | $2.27 | $4.02 | $3.48 | -$0.01 | $0.26 | |
| Shares (basic, weighted) | 434M | 466M | 472M | 478M | 519M | 552M | 550M | 542M | 537M | 542M | |
| Shares (diluted, weighted) | 470M | 498M | 500M | 512M | 541M | 566M | 557M | 548M | 537M | 548M | |
| Depreciation & amortization | $469M | $616M | $876M | $1.22B | $1.15B | $1.14B | $998M | $880M | $750M | $689M | |
| EBITDA | $705M | $1.55B | $1.57B | $1.85B | $1.83B | $2.87B | $4.1B | $3.44B | $1.04B | $1.4B |
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.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe 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