<span item_type="fundamental" item_id="5b94548051d302aa29a15d586c079cd0" counter_id="ST/US/MCHPP" env="prod"></span><span item_type="announcement" item_id="612877609519286401" env="prod"></span><p>Revenue: As of FY2026 Q3, the actual value is USD 1.186 B.</p><p>EPS: As of FY2026 Q3, the actual value is USD 0.06.</p><p></p><h3>Financial Performance for the Three Months Ended December 31, 2025 (Q3 FY2026)</h3><h4>Gross Profit</h4><ul><li><strong>GAAP Gross Profit</strong>: $706.9 million, representing 59.6% of net sales, an increase from $561.4 million (54.7% of net sales) in the prior year’s third fiscal quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li><li><strong>Non-GAAP Gross Profit</strong>: $717.4 million, representing 60.5% of net sales, an increase from $568.8 million (55.4% of net sales) in the prior year’s third fiscal quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li></ul><h4>Operating Income</h4><ul><li><strong>GAAP Operating Income</strong>: $151.7 million, representing 12.8% of net sales, an increase from $30.9 million (3.0% of net sales) in the prior year’s third fiscal quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li><li><strong>Non-GAAP Operating Income</strong>: $337.8 million, representing 28.5% of net sales, an increase from $210.7 million (20.5% of net sales) in the prior year’s third fiscal quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li></ul><h4>Net Income</h4><ul><li><strong>GAAP Net Income Attributable to Common Stockholders</strong>: $34.9 million, an improvement from a GAAP net loss of -$53.6 million in the prior year’s third fiscal quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li><li><strong>Non-GAAP Net Income</strong>: $252.8 million, an increase from $107.3 million in the prior year’s third fiscal quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li></ul><h4>Other Expenses and Income Tax</h4><ul><li><strong>GAAP Other Expense, Net</strong>: -$58.1 million, compared to -$77.0 million in the prior year’s third fiscal quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li><li><strong>Non-GAAP Other Expense, Net</strong>: -$58.1 million, compared to -$76.7 million in the prior year’s third fiscal quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li><li><strong>GAAP Income Tax Provision</strong>: $30.9 million, compared to $7.5 million in the prior year’s third fiscal quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li><li><strong>Non-GAAP Income Tax Provision</strong>: $26.9 million, compared to $26.7 million in the prior year’s third fiscal quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li></ul><h4>Cash Flow</h4><ul><li><strong>GAAP Cash Flow from Operations</strong>: $341.4 million, up from $271.5 million in the prior year’s third fiscal quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li><li><strong>Capital Expenditures</strong>: -$22.5 million, compared to -$18.1 million in the prior year’s third fiscal quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li><li><strong>Free Cash Flow</strong>: $318.9 million, up from $253.4 million in the prior year’s third fiscal quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li></ul><h4>Other Operational Metrics</h4><ul><li>Microchip Technology Incorporated returned approximately $246.1 million to common stockholders through dividends in the December quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li><li>The company declared a quarterly dividend on common stock of 45.5 cents per share for the March quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li><li>Net debt was reduced by $26 million during the quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li><li>Non-GAAP gross margins expanded significantly from 52% in the March 2025 quarter to 60.5% this quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</li></ul><h3>Outlook / Guidance for the Fourth Quarter of Fiscal Year 2026 (Quarter Ending March 31, 2026)</h3><p>Microchip Technology Incorporated anticipates net sales between $1.240 billion and $1.280 billion, with a midpoint of $1.260 billion, reflecting approximately 6.2% sequential growth and 29.8% year-over-year growth <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>. The company expects GAAP gross profit between 59.5% and 60.5%, and Non-GAAP gross profit between 60.5% and 61.5% <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>. Capital expenditures for the quarter are projected to be between $20 million and $23 million, with full fiscal year 2026 capital expenditures at or below $100 million <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/827054/000082705426000008/exhibit991q3fy26.htm"></span>.</p>

MCHPP

Microchip Tech Pref Shares MCHP 7.50 Perp 03/15/2028 | 8-K: FY2026 Q3 Revenue: USD 1.186 B