Microchip Technology Inc income statement MCHPP

Annual Quarterly

In fiscal 2026, which ended Mar 31, 2026, Microchip Technology Inc reported revenue of $4.7 billion, up 7.1% from the year before. Net income was $230.0 million, a profit margin of 4.9%. Operating income came to $490.1 million, an operating margin of 10.4%. Diluted earnings per share were $0.22. Over the twelve months ended Sep 30, 2026, revenue was $5.6 billion and net income was $838.1 million. Across the 10 fiscal years shown, revenue grew from $3.4 billion in fiscal 2017 to $4.7 billion in fiscal 2026, about 3.7% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2027 Sep 30, 2026	FY 2026 Mar 31, 2026	FY 2025 Mar 31, 2025	FY 2024 Mar 31, 2024	FY 2023 Mar 31, 2023	FY 2022 Mar 31, 2022	FY 2021 Mar 31, 2021	FY 2020 Mar 31, 2020	FY 2019 Mar 31, 2019	FY 2018 Mar 31, 2018	FY 2017 Mar 31, 2017
Revenue	5,603 +33.0%	4,713 +7.1%	4,402 -42.3%	7,634 -9.5%	8,439 +23.7%	6,821 +25.4%	5,438 +3.1%	5,274 -1.4%	5,350 +34.4%	3,981 +16.8%	3,408 +56.8%
Cost of revenue	2,090 +8.0%	1,992 +3.0%	1,934 -26.7%	2,639 -3.7%	2,741 +15.6%	2,371 +15.1%	2,060 +1.4%	2,032 -16.0%	2,418 +55.0%	1,560 -5.5%	1,651 +70.6%
Gross profit	3,513 +54.3%	2,721 +10.3%	2,468 -50.6%	4,996 -12.3%	5,698 +28.1%	4,450 +31.7%	3,379 +4.2%	3,242 +10.6%	2,931 +21.1%	2,421 +37.8%	1,757 +45.8%
Research and development	1,196 +17.3%	1,086 +10.4%	984 -10.4%	1,097 -1.9%	1,118 +13.1%	989 +18.3%	836 -4.7%	878 +6.2%	826 +56.1%	529 -2.9%	545 +46.3%
Selling, general and administrative	714 +11.2%	674 +9.2%	618 -15.9%	734 -8.0%	798 +11.0%	719 +17.8%	610 -9.8%	677 -0.9%	683 +51.1%	452 -9.5%	500 +65.7%
Restructuring and impairment	—	37 -51.4%	76	—	—	21 +40.7%	15 -16.7%	18	0 -100.0%	22 -73.7%	83
Operating income	1,170 +2168.2%	490 +65.4%	296 -88.5%	2,571 -17.5%	3,116 +68.5%	1,850 +85.3%	998 +54.2%	647 -9.4%	714 -23.7%	936 +239.5%	276 -21.7%
Interest income	6 -53.5%	11 +23.9%	9 +21.1%	8 +261.9%	2 +320.0%	0 -70.6%	2 -39.3%	3 -65.4%	8 -63.2%	22 +609.7%	3 -87.3%
Interest expense	204	221 -14.6%	259	—	—	—	—	—	—	—	—
Other non-operating income (expense)	-8 +15.2%	-7 -17.5%	-6 -159.1%	-2 -157.9%	4 +35.7%	3 +173.7%	-4 -218.8%	3 +245.5%	-2 +62.1%	-6 -546.2%	1 -85.4%
Pretax income	965 +586.3%	274 +603.1%	39 -98.4%	2,366 -18.7%	2,910 +96.3%	1,482 +336.7%	340 +125.7%	150 -26.5%	204 -72.3%	737 +721.0%	90 -68.1%
Income tax	127 +1053.4%	44 +10.4%	39 -91.4%	459 -31.7%	672 +241.1%	197 +2089.9%	-10 +97.6%	-420 -177.5%	-151 -131.4%	482 +696.4%	-81 -89.7%
Net income	838 +552.8%	230 +46100.0%	-0 -100.0%	1,907 -14.8%	2,238 +74.1%	1,286 +267.9%	349 -38.8%	571 +60.3%	356 +39.4%	255 +55.2%	165 -49.2%
Net income to common	727	119 +4500.0%	-3	—	—	—	—	—	—	—	—
Basic EPS	1.34 +490.2%	0.22 +2300.0%	-0.01 -100.3%	3.52 -13.5%	4.07 +74.7%	2.33 +247.8%	0.67 -43.7%	1.19 -21.2%	1.51 +37.3%	1.10 +44.7%	0.76 -52.2%
Diluted EPS	1.32 +482.2%	0.22 +2300.0%	-0.01 -100.3%	3.48 -13.4%	4.02 +77.1%	2.27 +249.2%	0.65 -41.4%	1.11 -21.8%	1.42 +37.9%	1.03 +45.1%	0.71 -52.3%
Weighted average shares, basic	542 +0.6%	540 +0.6%	537 -0.9%	542 -1.5%	550 -0.3%	552 +6.4%	519 +8.7%	478 +102.2%	236 +1.4%	233 +7.2%	217 +6.8%
Weighted average shares, diluted	551 +2.8%	545 +1.5%	537 -2.0%	548 -1.7%	557 -1.5%	566 +4.6%	541 +5.6%	512 +105.0%	250 +0.4%	249 +6.0%	235 +8.0%
Other measures
Depreciation and amortization	658 -8.3%	689 -8.1%	750 -14.7%	880 -11.9%	998 -12.7%	1,144 -0.8%	1,153 -5.1%	1,216 +38.7%	876 +42.3%	616 +31.3%	469 +65.7%
EBITDA	1,828 +137.7%	1,179 +12.7%	1,046 -69.7%	3,450 -16.1%	4,114 +37.5%	2,993 +39.1%	2,151 +15.5%	1,863 +17.1%	1,591 +2.5%	1,552 +108.3%	745 +17.2%
Interest coverage	5.75x	2.21x	1.14x	—	—	—	—	—	—	—	—
Margins
Gross margin	62.70%	57.73%	56.07%	65.44%	67.52%	65.23%	62.13%	61.47%	54.80%	60.81%	51.56%
Operating margin	20.89%	10.40%	6.73%	33.68%	36.93%	27.12%	18.35%	12.27%	13.35%	23.52%	8.09%
Pretax margin	17.22%	5.80%	0.88%	30.99%	34.48%	21.73%	6.24%	2.85%	3.82%	18.52%	2.64%
Profit margin	14.96%	4.88%	-0.01%	24.98%	26.52%	18.85%	6.42%	10.82%	6.65%	6.42%	4.83%
EBITDA margin	32.63%	25.02%	23.77%	45.20%	48.76%	43.88%	39.56%	35.32%	29.74%	38.99%	21.86%
Effective tax rate	13.14%	15.90%	101.29%	19.40%	23.10%	13.29%	-2.92%	-279.39%	-74.03%	65.36%	-89.98%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Semiconductors & Related Devices (SIC 3674)
Listed as: MCHP (Nasdaq), MCHPP (Nasdaq)
Fiscal year ends: March 31
Incorporated in: DE
Headquarters: Chandler, AZ
SEC filer status: Large accelerated filer
SEC CIK: 827054

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.