Jun 2026 (Q1 FY27) — Aug 6, 2026
Microchip Q1 FY27 — Strong Data Center Growth and Margin Expansion
Read the full callMicrochip (MCHP) earnings
- Jun 2026
- Jun 2026 (Q1 FY27)
- Mar 2026
Microchip earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,485 | +38.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 22.7 | +19.7 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 230 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Guidance
What management said, and what became of it
51 of 59 judged targets kept · 22 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Factory underutilization charges (Q1 FY27) | come down nicely in the June quarter | Mar 2026 | On a non-GAAP basis, gross margins were 63.8%, including capacity underutilization charges of $38.5 million | Achieved |
| Full-year non-GAAP tax rate | about 10% | Mar 2026 | we expect to have a tax rate of about 7.5% for all of fiscal year 2027 | Revised Up |
| Sale of the Tempe Fab 2 wafer fabrication facility | completed in December 2025 | Sep 2025 | the remaining item left is selling our Tempe fab. We have several interested parties, but the deal has not closed yet | Missed |
8 of MICROCHIP TECHNOLOGY INC's 81 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 78 more targets are in the full ledger.
Claimed
- Net sales of $1.485 billion, up 13.2% sequentially and 38% YoY, exceeding guidance.
- Non-GAAP diluted EPS of $0.76, $0.07 above midpoint of guidance, up 165.7% YoY.
- Non-GAAP gross margin reached 63.8%, a sequential improvement of 222 basis points.
- Data center net sales grew 97.8% YoY in Q1 FY27, reaching 17.1% of total net sales.
- Book-to-bill ratio was well above 1 in Q1 FY27, the strongest booking quarter in 4 years.
Qualified
- Supply constraints in certain substrates, subcontracting capacity, and foundry nodes are stretching lead times.
- Net debt remains substantial at $5.2 billion, with continued focus on debt reduction over capital returns.
- Non-GAAP gross margin is not expected to continue rising above the guided 66-67% range due to non-repeatable benefits.
Price
$74.43 +0.79% · +$0.58
Performance +14.3% 1Y
1Y: $65.14 on 17 Oct 2025 → $74.43. High $102.92 (6 May 2026), low $49.02 (20 Nov 2025).
- Previous close
- $73.85
- 52-week range
- $49.02 – $102.92
- One year
- +10.97%
Overview
- Symbol
- MCHP
- Sector
- Information Technology
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
51 of 59 judged targets kept · 22 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Factory underutilization charges (Q1 FY27) | come down nicely in the June quarter | Mar 2026 | On a non-GAAP basis, gross margins were 63.8%, including capacity underutilization charges of $38.5 million | Achieved |
| Full-year non-GAAP tax rate | about 10% | Mar 2026 | we expect to have a tax rate of about 7.5% for all of fiscal year 2027 | Revised Up |
| Sale of the Tempe Fab 2 wafer fabrication facility | completed in December 2025 | Sep 2025 | the remaining item left is selling our Tempe fab. We have several interested parties, but the deal has not closed yet | Missed |
Claimed
- Net sales of $1.485 billion, up 13.2% sequentially and 38% YoY, exceeding guidance.
- Non-GAAP diluted EPS of $0.76, $0.07 above midpoint of guidance, up 165.7% YoY.
- Non-GAAP gross margin reached 63.8%, a sequential improvement of 222 basis points.
- Data center net sales grew 97.8% YoY in Q1 FY27, reaching 17.1% of total net sales.
- Book-to-bill ratio was well above 1 in Q1 FY27, the strongest booking quarter in 4 years.
Qualified
- Supply constraints in certain substrates, subcontracting capacity, and foundry nodes are stretching lead times.
- Net debt remains substantial at $5.2 billion, with continued focus on debt reduction over capital returns.
- Non-GAAP gross margin is not expected to continue rising above the guided 66-67% range due to non-repeatable benefits.
The full ledger
Open MICROCHIP TECHNOLOGY INC’s full ledger
A free account opens 5 company ledgers a month. All 81 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q4 FY26) — May 7, 2026
Microchip Technology Q4 FY26 — Strong Growth Across End Markets and Improved Margins
Read the full callDec 2025 (Q3 FY26) — Feb 5, 2026
Microchip Q3 FY26 — Strong Sequential Growth and Expanding Margins Driven by Broad Recovery
Read the full callEvery analysed call
Microchip earnings calls (MCHP)
Financials
What the filings say
Net profit, year on year: +1335% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,164 | 1,026 | 971 | 1,076 | 1,140 | 1,186 | 1,311 | 1,485 |
| Operating profit | 147 | 31 | -100 | 32 | 89 | 152 | 217 | 337 |
| Operating margin | 12.6% | 3.0% | −10.3% | 3.0% | 7.8% | 12.8% | 16.6% | 22.7% |
| Interest | 59 | 69 | 70 | 57 | 56 | 56 | 52 | 49 |
| Profit before tax | 92 | -46 | -168 | -16 | 32 | 94 | 164 | 290 |
| Tax rate | 14.3% | −16.3% | 8.1% | −17.7% | −31.1% | 33.0% | 12.0% | 20.7% |
| Net profit | 78 | -54 | -155 | -19 | 42 | 63 | 144 | 230 |
| EPS ($ per share) | 0.15 | -0.10 | — | -0.09 | 0.03 | 0.06 | — | 0.37 |
| Line item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 3,211 | 3,432 | 3,394 | 4,175 | 5,764 | 6,760 | 5,781 | 4,916 |
| Total liabilities | 13,063 | 11,841 | 11,142 | 10,305 | 9,857 | 9,215 | 8,296 | 7,938 |
| Fixed assets | 997 | 876 | 855 | 968 | 1,178 | 1,195 | 1,184 | 1,107 |
| Investments | 2 | 2 | 2 | 2 | 0 | — | — | — |
| Total assets | 18,350 | 17,426 | 16,479 | 16,200 | 16,370 | 15,873 | 15,375 | 14,370 |
| Line item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 1,675 | 1,544 | 1,917 | 2,843 | 3,621 | 2,893 | 898 | 962 |
| Cash from investing | -6,811 | -133 | -173 | -478 | -599 | -392 | -288 | -195 |
| Cash from financing | 4,664 | -1,438 | -1,864 | -2,328 | -3,105 | -2,415 | -158 | -1,298 |
| Net cash flow | -473 | -28 | -121 | 37 | -83 | 86 | 452 | -531 |
| Capital expenditure | -229 | -68 | -93 | -370 | -486 | -285 | -126 | -91 |
| Free cash flow | 1,446 | 1,476 | 1,824 | 2,473 | 3,135 | 2,608 | 772 | 871 |
MCHP revenue by segment
| Segment | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Semiconductor Products | 97% | 97% | 96% | 97% | 97% | 95% | 97% | 97% | +38.3% |
| Technology Licensing | 3% | 3% | 4% | 3% | 3% | 5% | 3% | 3% | +29.1% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Insider filings
247 filings between Nov 15, 2025 and Sep 1, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$71.01M
21 sales by 6 insiders
57% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 8
- Award — granted as compensation
- 112
- Option exercise — converted options into shares
- 105
- Tax withheld — shares kept back by the company to cover tax
Also filed: 1 gift.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Sanghi Steve | — | $64.38M | May 1, 2026 |
| SIMONCIC RICHARD J | — | $1.94M | Jun 4, 2026 |
| Bunker Mathew B | — | $1.81M | May 13, 2026 |
| Bjornholt James Eric | — | $1.29M | Aug 25, 2026 |
| CHAPMAN MATTHEW W | — | $1.25M | May 28, 2026 |
| Krawczyk Joseph R II | — | $345.7K | Feb 12, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 1, 2026 | Krawczyk Joseph R II SR. CORP VP, WW CLIENT ENGMT | Award | 41 | $2.5K |
| Sep 1, 2026 | Bunker Mathew B SR CORPORATE VP, OPERATIONS | Award | 53 | $3.2K |
| Sep 1, 2026 | Duvenhage Stephanus Sr. Corp VP, Analog Bus Unit | Award | 123 | $7.5K |
| Aug 25, 2026 | Bjornholt James Eric SENIOR CORPORATE VP AND CFO | Sale 10b5-1 plan | 4,112 | $309.7K |
| Aug 17, 2026 | Bjornholt James Eric SENIOR CORPORATE VP AND CFO | Option exercise | 1,952 | $156.7K |
| Aug 17, 2026 | Bjornholt James Eric SENIOR CORPORATE VP AND CFO | Tax withheld | 954 | $76.6K |
| Aug 17, 2026 | Bjornholt James Eric SENIOR CORPORATE VP AND CFO | Tax withheld | 837 | $67.2K |
| Aug 17, 2026 | Bjornholt James Eric SENIOR CORPORATE VP AND CFO | Option exercise | 2,226 | $178.7K |
| Aug 17, 2026 | Sanghi Steve President, CEO and Chair of Bd | Option exercise | 6,157 | $494.2K |
| Aug 17, 2026 | SIMONCIC RICHARD J CHIEF OPERATING OFFICER | Tax withheld | 827 | $66.4K |
| Aug 17, 2026 | SIMONCIC RICHARD J CHIEF OPERATING OFFICER | Option exercise | 2,226 | $178.7K |
| Aug 17, 2026 | Sanghi Steve President, CEO and Chair of Bd | Tax withheld | 2,903 | $233.0K |
| Aug 17, 2026 | Cassidy Richard B. II Director | Option exercise | 3,090 | $248.0K |
| Aug 17, 2026 | SIMONCIC RICHARD J CHIEF OPERATING OFFICER | Tax withheld | 943 | $75.7K |
| Aug 17, 2026 | PENG VICTOR Director | Option exercise | 3,090 | $248.0K |
| Aug 17, 2026 | LITTLE MITCHELL R Director | Option exercise | 472 | $37.9K |
| Aug 17, 2026 | Barker Ellen Director | Option exercise | 3,090 | $248.0K |
| Aug 17, 2026 | Sanghi Steve President, CEO and Chair of Bd | Tax withheld | 2,546 | $204.3K |
| Aug 17, 2026 | SIMONCIC RICHARD J CHIEF OPERATING OFFICER | Option exercise | 1,952 | $156.7K |
| Aug 17, 2026 | Rapp Karen Marie Director | Option exercise | 3,090 | $248.0K |
| Aug 17, 2026 | Sanghi Steve President, CEO and Chair of Bd | Option exercise | 7,020 | $563.4K |
| Aug 17, 2026 | CHAPMAN MATTHEW W Director | Option exercise | 3,090 | $248.0K |
| Aug 15, 2026 | Bjornholt James Eric SENIOR CORPORATE VP AND CFO | Tax withheld | 274 | $22.0K |
| Aug 15, 2026 | Bjornholt James Eric SENIOR CORPORATE VP AND CFO | Option exercise | 638 | $51.2K |
| Aug 15, 2026 | Bjornholt James Eric SENIOR CORPORATE VP AND CFO | Tax withheld | 108 | $8.7K |
| Aug 15, 2026 | Bjornholt James Eric SENIOR CORPORATE VP AND CFO | Option exercise | 252 | $20.2K |
| Aug 15, 2026 | Bjornholt James Eric SENIOR CORPORATE VP AND CFO | Tax withheld | 581 | $46.6K |
| Aug 15, 2026 | Sanghi Steve President, CEO and Chair of Bd | Tax withheld | 11,931 | $957.6K |
| Aug 15, 2026 | Bjornholt James Eric SENIOR CORPORATE VP AND CFO | Option exercise | 1,355 | $108.8K |
| Aug 15, 2026 | Sanghi Steve President, CEO and Chair of Bd | Option exercise | 28,853 | $2.32M |
| Aug 15, 2026 | Bjornholt James Eric SENIOR CORPORATE VP AND CFO | Tax withheld | 333 | $26.7K |
| Aug 15, 2026 | Bjornholt James Eric SENIOR CORPORATE VP AND CFO | Option exercise | 776 | $62.3K |
| Aug 15, 2026 | Bunker Mathew B SR CORPORATE VP, OPERATIONS | Tax withheld | 62 | $5.0K |
| Aug 15, 2026 | Krawczyk Joseph R II SR. CORP VP, WW CLIENT ENGMT | Tax withheld | 208 | $16.7K |
| Aug 15, 2026 | Krawczyk Joseph R II SR. CORP VP, WW CLIENT ENGMT | Option exercise | 485 | $38.9K |
| Aug 15, 2026 | Krawczyk Joseph R II SR. CORP VP, WW CLIENT ENGMT | Tax withheld | 99 | $7.9K |
| Aug 15, 2026 | Krawczyk Joseph R II SR. CORP VP, WW CLIENT ENGMT | Option exercise | 231 | $18.5K |
| Aug 15, 2026 | SIMONCIC RICHARD J CHIEF OPERATING OFFICER | Tax withheld | 360 | $28.9K |
| Aug 15, 2026 | SIMONCIC RICHARD J CHIEF OPERATING OFFICER | Option exercise | 849 | $68.1K |
| Aug 15, 2026 | Krawczyk Joseph R II SR. CORP VP, WW CLIENT ENGMT | Tax withheld | 325 | $26.1K |
| Aug 15, 2026 | Krawczyk Joseph R II SR. CORP VP, WW CLIENT ENGMT | Option exercise | 757 | $60.8K |
| Aug 15, 2026 | SIMONCIC RICHARD J CHIEF OPERATING OFFICER | Option exercise | 269 | $21.6K |
| Aug 15, 2026 | Krawczyk Joseph R II SR. CORP VP, WW CLIENT ENGMT | Tax withheld | 285 | $22.9K |
| Aug 15, 2026 | SIMONCIC RICHARD J CHIEF OPERATING OFFICER | Tax withheld | 518 | $41.6K |
| Aug 15, 2026 | SIMONCIC RICHARD J CHIEF OPERATING OFFICER | Option exercise | 1,222 | $98.1K |
| Aug 15, 2026 | SIMONCIC RICHARD J CHIEF OPERATING OFFICER | Tax withheld | 114 | $9.1K |
| Aug 15, 2026 | Krawczyk Joseph R II SR. CORP VP, WW CLIENT ENGMT | Option exercise | 664 | $53.3K |
| Aug 15, 2026 | SIMONCIC RICHARD J CHIEF OPERATING OFFICER | Tax withheld | 298 | $23.9K |
| Aug 15, 2026 | SIMONCIC RICHARD J CHIEF OPERATING OFFICER | Option exercise | 702 | $56.3K |
| Aug 15, 2026 | Krawczyk Joseph R II SR. CORP VP, WW CLIENT ENGMT | Tax withheld | 146 | $11.7K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Start an Inve Case for MICROCHIP TECHNOLOGY INC
Free account. Everything above stays public.
Write why you follow MICROCHIP TECHNOLOGY INC and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading