---
title: "Microchip Tech Pref Shares MCHP 7.50 Perp 03/15/2028 | 8-K: FY2026 Q4 Revenue: USD 1.311 B"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285656718.md"
datetime: "2026-05-08T03:14:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285656718.md)
  - [en](https://longbridge.com/en/news/285656718.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285656718.md)
generator: "portal-rs"
---

# Microchip Tech Pref Shares MCHP 7.50 Perp 03/15/2028 | 8-K: FY2026 Q4 Revenue: USD 1.311 B

Revenue: As of FY2026 Q4, the actual value is USD 1.311 B.

EPS: As of FY2026 Q4, the actual value is USD 0.21.

### Fourth Quarter Ended March 31, 2026 (Q4 FY26)

#### Operational Metrics

-   GAAP Gross Profit was 61.0% .
-   GAAP Operating Income was $217.4 million, representing 16.6% of net sales .
-   GAAP Net Income Attributable to Common Stockholders was $116.4 million, compared to a GAAP net loss of - $156.8 million in the prior year’s fourth fiscal quarter .
-   Non-GAAP Gross Profit was 61.6% .
-   Non-GAAP Operating Income was $400.9 million, representing 30.6% of net sales .
-   Non-GAAP Net Income was $327.3 million, up from $61.4 million in the prior year’s fourth fiscal quarter .
-   GAAP Operating Expenses were $582.2 million, or 44.4% of net sales .
-   Non-GAAP Operating Expenses were $407.1 million, or 31.0% of net sales .

#### Cash Flow

-   GAAP Cash Flow from Operations was $257.0 million .
-   Free Cash Flow was $242.8 million .

#### Unique Metrics

-   Inventory was reduced by $22.3 million during the quarter, decreasing days of inventory from 201 days in December to 185 days in March . Distributor inventory declined to 26 days . Total inventory has been reduced by $320.9 million from the high point at the end of December 2024 .

### Fiscal Year Ended March 31, 2026 (FY26)

#### Operational Metrics

-   GAAP Gross Profit was 57.7% .
-   GAAP Operating Income was $490.1 million .
-   GAAP Net Income Attributable to Common Stockholders was $118.8 million, compared to a net loss of - $2.7 million in the prior fiscal year .
-   Non-GAAP Gross Profit was 58.5% .
-   Non-GAAP Operating Income was $1.238 billion, representing 26.3% of net sales .
-   Non-GAAP Net Income was $933.9 million, an increase of 31.8% from $708.8 million in the prior fiscal year .
-   GAAP Operating Expenses were $2,231.0 million, or 47.3% of net sales .
-   Non-GAAP Operating Expenses were $1,517.8 million, or 32.2% of net sales .

#### Cash Flow

-   GAAP Cash Flow from Operations was $962.1 million .
-   Free Cash Flow was $871.0 million .

#### Unique Metrics

-   Microchip Technology Incorporated returned $984.0 million to shareholders through dividends .

### Outlook / Guidance (First Quarter Fiscal Year 2027)

-   For the first quarter of fiscal year 2027, Non-GAAP Gross Margin is anticipated to be between 62.25% and 63.25%, and Non-GAAP Operating Profit is forecasted to be between 33.00% and 34.50% . Capital expenditures are expected to be approximately $20 million for the quarter ending June 30, 2026, and approximately $100 million for all of fiscal 2027, as the company ramps factories to correct inventory towards its long-term model .

### Related Stocks

- [MCHPP.US](https://longbridge.com/en/quote/MCHPP.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**