Microchip Technology Incorporated
TechnologyNASDAQ:MCHP · NASDAQ Global Select
+$2.30 today
Vol 6.89M · Avg 10.46M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$4.7B of revenue converted into $202.2M of net income for the selected period. Gross margin is 57.5% and net margin is 4.0%, showing how much revenue survives after costs and taxes. EPS is $0.26, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.7B +7.1% | $4.4B -42.3% | $7.6B -9.5% | $8.4B +23.7% | $6.8B | $1.0B | $809.6M | $921.6M |
| Cost of Revenue | $2.0B +3.0% | $1.9B -26.7% | $2.6B -3.7% | $2.7B +15.6% | $2.4B | $344.8M | $725.6M | $804.0M |
| Gross Profit | $2.7B +10.3% | $2.5B -50.6% | $5.0B -12.3% | $5.7B +28.1% | $4.4B | $10.3B | $8.9B | $7.6B |
| Gross Margin | 57.7% +1.7pp | 56.1% -9.4pp | 65.4% -2.1pp | 67.5% +2.3pp | 65.2% | 45.5% | 9.8% | 28.9% |
| Research & Development | $1.1B +10.4% | $983.8M -10.4% | $1.1B -1.9% | $1.1B +13.1% | $989.1M | $378.4M | $983.2M | $1.3B |
| Selling, General & Admin | $674.3M +9.2% | $617.7M -15.9% | $734.2M -8.0% | $797.7M +11.0% | $718.9M | $1.4B | $620.6M | $923.0M |
| Operating Expenses | $2.2B +2.7% | $2.2B -10.4% | $2.4B -6.1% | $2.6B -0.7% | $2.6B | $3.6B | $5.3B | $7.0B |
| Depreciation & Amortization | $0 -100.0% | $750.1M -14.7% | $879.5M -11.9% | $998.4M -12.7% | $1.1B | $1.2B | $374.2M | $1.2B |
| EBITDA | $711.4M -31.6% | $1.0B -69.7% | $3.4B -16.2% | $4.1B +42.9% | $2.9B | $12.6B | -$15.2B | $6.8B |
| EBITDA Margin | 15.1% -8.5pp | 23.6% -21.4pp | 45.0% -3.6pp | 48.6% +6.5pp | 42.1% | 10.0% | 5.6% | 46.3% |
| Operating Income | $490.1M +65.4% | $296.3M -88.5% | $2.6B -17.5% | $3.1B +68.5% | $1.8B | $10.6B | $12.3B | $14.0B |
| Operating Margin | 10.4% +3.7pp | 6.7% -26.9pp | 33.7% -3.2pp | 36.9% +9.8pp | 27.1% | 18.7% | 16.6% | 24.1% |
| Interest Income | $11.4M +23.9% | $9.2M +21.1% | $7.6M +261.9% | $2.1M +320.0% | $500.0K | $1.3B | -$1.5B | -$1.6B |
| Interest Expense | $221.3M -12.0% | $251.4M +26.8% | $198.3M -2.7% | $203.9M -20.7% | $257.0M | $969.2M | $1.1B | $1.0B |
| Other Income / Expenses | -$216.6M +15.9% | -$257.4M -25.5% | -$205.1M +0.6% | -$206.3M +43.8% | -$367.1M | -$1.6B | -$1.5B | $1.4B |
| Income Before Tax | $273.5M +603.1% | $38.9M -98.4% | $2.4B -18.7% | $2.9B +96.3% | $1.5B | -$15.6B | $3.3B | $4.9B |
| Pre-Tax Margin | 5.8% +4.9pp | 0.9% -30.1pp | 31.0% -3.5pp | 34.5% +12.7pp | 21.7% | 13.3% | 20.8% | 18.7% |
| Income Tax Expense | $43.5M +10.4% | $39.4M -91.4% | $459.0M -31.7% | $672.0M +241.1% | $197.0M | $666.8M | $1.3B | -$1.6B |
| Net Income | $202.2M +40540.0% | -$500.0K -100.0% | $1.9B -14.8% | $2.2B +74.1% | $1.3B | $5.0B | $4.9B | $4.8B |
| Net Margin | 4.3% +4.3pp | -0.0% -25.0pp | 25.0% -1.5pp | 26.5% +7.7pp | 18.8% | 7.4% | 12.4% | 17.5% |
| EPS (Basic) | $0 +5500.0% | -$0 -100.1% | $4 -13.5% | $4 +74.7% | $2 | $1.2B | $400.8M | $703.2M |
| EPS (Diluted) | $0 +5300.0% | -$0 -100.1% | $3 -13.4% | $4 +77.1% | $2 | $620.6M | $766.2M | $609.4M |
| Weighted Avg Shares | $541.5M +0.8% | $537.3M -0.9% | $542.0M -1.5% | $550.4M -0.3% | $552.3M | $892.2M | $757.8M | $925.8M |
| Weighted Avg Shares (Diluted) | $547.9M +2.0% | $537.3M -2.0% | $548.0M -1.7% | $557.3M -1.5% | $565.9M | $319.6M | $1.2B | $924.4M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
ASE Technology Holding Co., Ltd.
NYSE:ASX
$83.63B
STMicroelectronics N.V.
NYSE:STM
$68.70B
Hewlett Packard Enterprise Company
NYSE:HPE
$63.79B
Teradyne, Inc.
NASDAQ:TER
$63.12B
Astera Labs, Inc. Common Stock
NASDAQ:ALAB
$62.93B
Keysight Technologies, Inc.
NYSE:KEYS
$59.93B
GLOBALFOUNDRIES Inc.
NASDAQ:GFS
$44.63B
Telefonaktiebolaget LM Ericsson (publ)
NASDAQ:ERIC
$40.78B
Fiserv, Inc.
FI
$34.31B
Cognizant Technology Solutions Corporation
NASDAQ:CTSH
$24.72B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does MCHP generate?
Microchip Technology Incorporated (MCHP) reported $4.71B of revenue in fiscal 2026.
Is MCHP profitable?
Microchip Technology Incorporated (MCHP) reported $202.20M of net income, with a net margin of 4.3%.
Explore More
Continue the stock analysis
Jump to another research area for this company.