Revenue Growth
MCHP achieved a 15.6% increase in revenue, driven by strong demand across key segments.
Source: 10-Q Income Statement
Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
MCHP reported significant improvements in Q3 FY2026 with a 15.6% increase in revenue and a return to profitability, driven by strong operational performance and cost management.
Revenue
$1.19B
+15.59% YoY
EPS (Diluted)
$0.06
+160.00% YoY
Gross Margin
59.6%
+4.9 pts YoY
Operating Income
$151.7M
+390.94% YoY
Source: SEC XBRL
Microchip Technology (MCHP) reported Q3 FY2026 revenue of $1.19B, up 15.6% year over year. Operating margin was 12.8%, up 9.8 points from 3.0% a year earlier. MCHP's fiscal Q3 FY2026 corresponds to calendar Q4 2025.
Last 4 quarters: 4 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 0.76 | 0.71 | Beat +7.4% |
| Mar 2026 | 0.57 | 0.52 | Beat +10.6% |
| Dec 2025This filing | 0.44 | 0.42 | Beat +4.7% |
| Sep 2025 | 0.35 | 0.34 | Beat +2.6% |
Adjusted (non-GAAP) EPS of $0.44 versus the $0.42 analyst consensus — a +4.7% beat for Dec 2025. Analyst consensus is quoted on the adjusted (non-GAAP) basis the street uses. GAAP diluted EPS for this quarter was $0.06.
Compiled by AI from this SEC filing
MCHP achieved a 15.6% increase in revenue, driven by strong demand across key segments.
Source: 10-Q Income Statement
Operating income increased by 390.9%, reflecting improved operational efficiency and cost control.
Source: 10-Q Income Statement
The company returned to profitability with a net income of $62.7M, compared to a loss in the previous year.
Source: 10-Q Income Statement
Compiled by AI from this SEC filing · 1 high, 2 medium, 0 low
The significant decrease in cash and equivalents by 57.2% could impact MCHP's ability to manage short-term obligations.
Source: 10-Q Balance Sheet
Although long-term debt decreased by 20.5%, it remains substantial, which could affect future financial flexibility.
Source: 10-Q Balance Sheet
Fluctuations in market demand could impact revenue growth and profitability.
Source: General industry risk assessment
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 1.19 $B | 1.03 $B | +15.59% |
Cost of Revenue $M | 479.10 $M | 464.60 $M | +3.12% |
Gross Profit $M | 706.90 $M | 561.40 $M | +25.92% |
Operating Income $M | 151.70 $M | 30.90 $M | +390.94% |
Net Income $M | 62.70 $M | -53.60 $M | +216.98% |
EPS (Basic) $ | 0.06 $ | -0.10 $ | +160.00% |
EPS (Diluted) $ | 0.06 $ | -0.10 $ | +160.00% |
R&D Expense $M | 274.30 $M | 246.20 $M | +11.41% |
SG&A Expense $M | 168.50 $M | 158.20 $M | +6.51% |
Answers draw on this SEC filing and the data on this page
Microchip's Q1 FY2027 revenue jumped 38% and net income swung to a $229.8 million profit as demand recovered, margins improved, and operating leverage kicked in.
Microchip Technology (MCHP) delivered a strong fiscal year 2026 recovery, with revenue growing 7.1% to $4.71B, operating income surging 65.4% to $490.1M, and net income swinging to $230.0M from near breakeven, driven by improved gross margins and operational leverage.
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