MICROCHIP TECHNOLOGY INC

Listed Company

MCHPCIK 0000827054NasdaqLarge AcceleratedSemiconductors & Related DevicesDelawareFY ends Mar 31

Period

FY 2026

Revenue

$4.71B

Net Income

$230.00M

Total Assets

$14.37B

Equity

$6.43B

Shares Out

542.08M

Op. Cash Flow

$962.10M

MCHP$80.76+8.72% · past yearDBEQ Basic

Daily closing prices

Business

Microchip Technology develops, manufactures and sells smart, connected and secure embedded control solutions including mixed-signal microcontrollers, microprocessors, analog, FPGA, data center, networking and memory products. The company serves automotive, aerospace and defense, communications, consumer, industrial and data-center end markets through direct sales and a distributor network. Products range from 8-bit through 64-bit architectures with integrated hardware, software and development tools forming a Total System Solution offering.

Summary from 10-K filed 2026-05-21

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Net sales	4,713	4,402	7,634	8,439	6,821
Cost of sales	1,992	1,934	2,639	2,741	2,371
Gross profit	2,721	2,468	4,996	5,698	4,450
Research and development	1,086	984	1,097	1,118	989
Selling, general and administrative	674	618	734	798	719
Amortization of acquired intangible assets	431	491	605	670	—
Special charges (income) and other, net	40	79	−12	−4	30
Operating expenses	2,231	2,172	2,425	2,582	2,600
Operating income	490	296	2,571	3,116	1,850
Interest income	11	9	8	2	500,000
Interest expense	−221	−259	−198	−204	—
Loss on settlement of debt	0	−2	−12	−8	−113
Other loss, net	−7	−6	−2	4	3
Income before income taxes	274	39	2,366	2,910	1,483
Income tax provision	44	39	459	672	197
Net income (loss)	230	−500,000	1,907	2,238	1,286
Dividends on Series A Preferred Stock	−111	−2	0	0	—
Net income (loss) attributable to common stockholders	119	−3	1,907	2,238	—
Basic net income (loss) per common share (in dollars per share)	0.22	−0.01	3.52	4.07	2.33
Diluted net income (loss) per common share (in dollars per share)	0.22	−0.01	3.48	4.02	2.27
Dividends declared per common share (in dollars per share)	1.82	1.82	1.68	1.26	0.91
Basic common shares outstanding (in shares)	540	537	542	550	552
Diluted common shares outstanding (in shares)	545	537	548	557	566

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Cash and cash equivalents	240	772	320	234	317
Accounts receivable, net	895	690	1,144	1,305	1,073
Inventories	1,035	1,294	1,316	1,325	854
Other current assets	207	236	234	205	206
Total current assets	2,378	2,991	3,013	3,069	2,453
Property, plant and equipment, net	1,107	1,184	1,195	1,178	968
Goodwill	6,696	6,685	6,675	6,674	6,674
Net Amount	2,033	2,389	2,782	3,369	4,043
Long-term deferred tax assets	1,793	1,728	1,597	1,623	1,797
Other assets	364	398	612	457	265
Total assets	14,370	15,375	15,873	16,370	16,200
Accounts payable	206	161	213	397	345
Accrued liabilities	931	995	1,307	1,324	1,054
Total current liabilities	1,136	1,155	2,519	3,119	1,399
Long-term debt	5,496	5,630	5,000	5,042	7,687
Long-term income tax payable	571	633	649	706	705
Long-term deferred tax liability	25	34	29	43	40
Other long-term liabilities	709	844	1,018	948	474
Preferred stock, $0.001 par value per share; authorized 5,000,000 shares; 7.50% Series A mandatory convertible preferred stock, 1,485,000 shares issued and outstanding at March 31, 2026 and March 31, 2025, with a liquidation preference of $1,000 per share, or $1,485.0 million in the aggregate	0	0	0	0	0
Common stock, $0.001 par value per share; authorized 900,000,000 shares; 578,423,967 shares issued and 542,079,011 shares outstanding at March 31, 2026; 577,996,915 shares issued and 538,704,604 shares outstanding at March 31, 2025	600,000	600,000	500,000	500,000	600,000
Additional paid-in capital	4,072	3,910	2,483	2,413	2,536
Common stock held in treasury: 36,344,956 shares at March 31, 2026; 39,292,311 shares at March 31, 2025	−2,551	−2,612	−2,582	−1,660	−796
Accumulated other comprehensive loss	−4	−2	−4	−4	−21
Retained earnings	4,916	5,781	6,760	5,764	4,175
Total stockholders' equity	6,432	7,078	6,658	6,514	5,895
Total liabilities and stockholders' equity	14,370	15,375	15,873	16,370	16,200

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Depreciation and amortization	689	750	880	998	1,144
Deferred income taxes	−65	−143	−27	206	8
Share-based compensation expense related to equity incentive plans	255	180	178	170	210
Amortization of debt discount	27	65	38	7	45
Amortization of debt issuance costs	6	8	7	10	12
Impairment of intangible assets	4	0	2	2	3
Other	−18	−63	−26	−2	−11
(Increase) decrease in accounts receivable	−205	454	162	−233	−75
Decrease in inventories	264	32	13	−483	−178
Increase (decrease) in accounts payable and accrued liabilities	26	−346	−148	323	193
Change in other assets and liabilities	−106	−38	−64	405	79
Change in income tax payable	−148	−2	−39	−28	15
Net cash provided by operating activities	962	898	2,893	3,621	2,843
Other investing	1	2	400,000	900,000	—
Proceeds from capital-related government incentives	5	400,000	6	0	0
Investments in other assets	−111	−165	−113	−114	−122
Capital expenditures	−91	−126	−285	−486	−370
Net cash used in investing activities	−196	−288	−392	−600	−478
Proceeds from borrowings on Revolving Credit Facility	0	68	6,271	5,935	4,176
Repayments of Revolving Credit Facility	0	−68	−6,371	−7,234	−5,124
Proceeds from borrowings on 2025 Term Loan Facility	0	0	750	0	0
Repayments of 2025 Term Loan Facility	0	−750	0	0	—
Proceeds from issuance of Commercial Paper	6,416	13,938	9,039	0	0
Repayments of Commercial Paper	−6,243	−15,114	−7,689	0	0
Proceeds from issuance of senior notes	0	1,992	995	0	997
Repayment of senior notes	−1,200	−1,000	−3,400	0	−1,000
Proceeds from issuance of convertible debt	900	1,250	0	0	—
Payments on settlement of convertible debt	0	−672	−133	−170	−425
Issuance of Series A Preferred Stock	0	1,450	0	0	—
Deferred financing costs	−17	−20	−3	0	−9
Purchase of capped call options	−68	−160	0	0	—
Proceeds from sale of common stock	62	65	82	82	71
Tax payments related to shares withheld for vested RSUs	−51	−58	−61	−76	−84
Repurchase of common stock	0	−97	−982	−946	−426
Payment of cash dividends on Series A Preferred Stock	−109	0	0	—	—
Payment of cash dividends on common stock	−984	−976	−912	—	—
Capital lease payments	−2	−2	−2	−800,000	−800,000
Other Financing	−3	−6	0	0	—
Net cash used in financing activities	−1,298	−158	−2,415	−3,105	−2,328
Net (decrease) increase in cash and cash equivalents	−531	452	86	−83	37
ROU assets obtained in exchange of lease liabilities	29	10	28	38	28
Cash paid for interest	211	236	191	182	208
Cash paid for income taxes	—	175	517	483	141
U.S. federal	166	—	—	—	—
U.S. state and local	3	—	—	—	—
Operating lease payments in operating cash flows	42	40	39	40	46

Filings

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Frequently asked questions

What is MICROCHIP TECHNOLOGY INC's CIK number?

MICROCHIP TECHNOLOGY INC's SEC CIK number is 0000827054 (827054). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find MICROCHIP TECHNOLOGY INC's SEC filings?

All of MICROCHIP TECHNOLOGY INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did MICROCHIP TECHNOLOGY INC last report earnings?

MICROCHIP TECHNOLOGY INC (MCHP) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000827054-26-000012). This is MICROCHIP TECHNOLOGY INC's most recent earnings filing of record — not a forecast of its next earnings date.

What is MICROCHIP TECHNOLOGY INC's most recent earnings 8-K?

MICROCHIP TECHNOLOGY INC's latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0000827054-26-000012. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

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