---
title: "Microchip Tech Pref Shares MCHP 7.50 Perp 03/15/2028 | 8-K: FY2026 Q3 Revenue: USD 1.186 B"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275032914.md"
datetime: "2026-02-05T21:23:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275032914.md)
  - [en](https://longbridge.com/en/news/275032914.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275032914.md)
generator: "portal-rs"
---

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

Revenue: As of FY2026 Q3, the actual value is USD 1.186 B.

EPS: As of FY2026 Q3, the actual value is USD 0.06.

### Financial Performance for the Three Months Ended December 31, 2025 (Q3 FY2026)

#### Gross Profit

-   **GAAP Gross Profit**: $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 .
-   **Non-GAAP Gross Profit**: $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 .

#### Operating Income

-   **GAAP Operating Income**: $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 .
-   **Non-GAAP Operating Income**: $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 .

#### Net Income

-   **GAAP Net Income Attributable to Common Stockholders**: $34.9 million, an improvement from a GAAP net loss of -$53.6 million in the prior year’s third fiscal quarter .
-   **Non-GAAP Net Income**: $252.8 million, an increase from $107.3 million in the prior year’s third fiscal quarter .

#### Other Expenses and Income Tax

-   **GAAP Other Expense, Net**: -$58.1 million, compared to -$77.0 million in the prior year’s third fiscal quarter .
-   **Non-GAAP Other Expense, Net**: -$58.1 million, compared to -$76.7 million in the prior year’s third fiscal quarter .
-   **GAAP Income Tax Provision**: $30.9 million, compared to $7.5 million in the prior year’s third fiscal quarter .
-   **Non-GAAP Income Tax Provision**: $26.9 million, compared to $26.7 million in the prior year’s third fiscal quarter .

#### Cash Flow

-   **GAAP Cash Flow from Operations**: $341.4 million, up from $271.5 million in the prior year’s third fiscal quarter .
-   **Capital Expenditures**: -$22.5 million, compared to -$18.1 million in the prior year’s third fiscal quarter .
-   **Free Cash Flow**: $318.9 million, up from $253.4 million in the prior year’s third fiscal quarter .

#### Other Operational Metrics

-   Microchip Technology Incorporated returned approximately $246.1 million to common stockholders through dividends in the December quarter .
-   The company declared a quarterly dividend on common stock of 45.5 cents per share for the March quarter .
-   Net debt was reduced by $26 million during the quarter .
-   Non-GAAP gross margins expanded significantly from 52% in the March 2025 quarter to 60.5% this quarter .

### Outlook / Guidance for the Fourth Quarter of Fiscal Year 2026 (Quarter Ending March 31, 2026)

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 . The company expects GAAP gross profit between 59.5% and 60.5%, and Non-GAAP gross profit between 60.5% and 61.5% . 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 .

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