MCHP · News · 20260806N
Revenue Performance and Mix
MICROCHIP TECHNOLOGY INC · 2026-08-06 · Importance 64 · Surprise 56 · No source text
Microchip Technology reported fiscal Q1 2027 net sales of $1.485 billion, up 38.0% year over year and above guidance. Growth was supported by demand recovery across data centers, industrial, automotive, and aerospace and defense markets. Data-center exposure is projected to reach approximately $1 billion in 2026, increasing the contribution of AI and infrastructure-related products.
Key facts
- Q1 fiscal 2027 net sales increased 38.0% year-over-year to $1.485 billion. source
- Q1 results beat analyst estimates with revenue of $1.48 billion, exceeding estimates by 1.8% and beating by $20 million in one report. source
- The company reported Q1 net income of $229.8 million, or $0.37 per diluted share, for the quarter ended June 30, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +27.5% | Q1 fiscal 2027 net sales increased 38.0% year-over-year to $1.485 billion. |
| net_income | positive | realized | — | The company reported Q1 net income of $229.8 million, or $0.37 per diluted share, for the quarter ended June 30, 2026. |