MCHP · Full Picture

MICROCHIP TECHNOLOGY INC — the full picture

Trailing window · 2026-05-11 to 2026-08-09

One earnings window, everything merged: the filing, the call, press releases and news digests, folded into ranked threads.

What to look at first

  1. Operating Expense Trends · Operating expenses (SG&A)Priority 78
    +25.4% operating_income; 2 forward row(s); quote_verified
    Second quarter fiscal 2027 GAAP operating expenses guidance: 37.3% to 37.4% of net sales (or $155.7 to $159.7 million); Non-GAAP operating expenses guidance: 27.5% of net sales.
  2. Operating Income and Margins · Operating income & profitabilityPriority 78
    +8.2% margin; 2 forward row(s); quote_verified
    Second quarter fiscal 2027 GAAP operating income guidance: 28.1% to 28.9% ($166.0 to $171.0 million); Non-GAAP operating income guidance: 38.5% to 39.5%.
  3. Guidance and Outlook · Guidance & outlookPriority 76
    +4.5% margin; 2 sources (news, press_release); 5 forward row(s); quote_verified
    Guidance for second quarter fiscal 2027 net sales: $1.589 to $1.618 billion.
  4. Revenue Performance and Mix · Revenue growth & mixPriority 74
    +39.2% revenue (realized); 2 sources (news, press_release); quote_verified
    Net sales for the quarter ended June 30, 2026: $1.485 billion, up 38.0% year over year and up 13.2% sequentially.
  5. Income Tax Rate Changes · TaxPriority 71
    -7.4% net_income; 2 forward row(s); quote_verified
    Second quarter fiscal 2027 GAAP income tax provision guidance: $75.3 to $96.5 million; Non-GAAP income tax provision guidance: $42.2 to $44.3 million (represents expected cash tax rate for fiscal 2027, excluding transition tax payments).
  6. Malaysian Tax Dispute · UnclassifiedPriority 62
    1 forward row(s); quote_verified
    If resolved unfavorably, a Malaysian tax dispute could result in up to $474.7 million in taxes and penalties.
  7. Gross Margin Drivers · Gross marginPriority 59
    2 sources (news, press_release); quote_verified
    GAAP gross profit dollars for quarter ended June 30, 2026: $938.9 million; Non-GAAP gross profit dollars: $947.6 million (share-based compensation expense adjustment $8.7 million).
  8. Capital Expenditure Outlook · UnclassifiedPriority 56
    1 forward row(s); quote_verified
    Company stated it is adding capital equipment to selectively expand production capacity and add research and development equipment through fiscal 2027.
  9. Market Demand Trends · Demand, orders & backlogPriority 56
    2 sources (news, press_release); quote_verified
    Management said data-center market exposure is projected to reach $1 billion in 2026.
  10. Operating Cash Flow Trends · Cash flow generationPriority 56
    quote_verified
    GAAP cash flow from operations for the quarter ended June 30, 2026: $511.5 million.
  11. Liquidity and Debt Position · UnclassifiedPriority 49
    quote_verified
    Operating cash flow for the quarter reached $511.5 million.
  12. Quarterly Dividend Declaration · Buybacks & dividendsPriority 46
    -1.5% cash; 2 sources (news, press_release); 4 forward row(s); quote_verified
    Quarterly cash dividend on common stock declared for the September quarter: 45.5 cents per share, payable on September 9, 2026 to stockholders of record on August 24, 2026.

Threads by pillar

Revenue & Demand Priority 77 · 2 threads

Costs & Margins Priority 84 · 6 threads

Capital & Balance Sheet Priority 79 · 5 threads

Strategy & Portfolio Priority 32 · 1 thread

Guidance & Outlook Priority 76 · 1 thread

Macro & Market Conditions Priority 45 · 2 threads

Unclassified Priority 70 · 4 threads

Expected impact by metric

metricforward netforward grossrealized
operating_income+25.4%+25.4%+21.9%
margin+13.8%+13.8%—
net_income-10.2%+10.2%+0.1%
cash-2.2%+2.2%—
liability-1.5%+1.5%+1.2%
assets+0.7%+0.7%+0.8%
revenue——+39.2%