MCHP · 8-K · 20260806PR000037
Revenue Performance and Mix
MICROCHIP TECHNOLOGY INC · 2026-08-06 · Importance 76 · Surprise 64 · No source text
First-quarter fiscal 2027 net sales were $1.485 billion, up 38.0% year over year from $1.076 billion and 13.2% sequentially. Revenue exceeded the $1.456 billion midpoint of the May 7, 2026 guidance. Management attributed the improvement to stronger demand, inventory normalization, and higher factory utilization. PCIe Gen6 connectivity design wins doubled sequentially from six programs at March quarter-end to 12 programs exiting June, indicating increased activity in data center and connectivity applications.
Key facts
- Net sales for the quarter ended June 30, 2026: $1.485 billion, up 38.0% year over year and up 13.2% sequentially. source
- GAAP net sales for prior year's first fiscal quarter (three months ended June 30, 2025): $1.076 billion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +27.6% | Net sales for the quarter ended June 30, 2026: $1.485 billion, up 38.0% year over year and up 13.2% sequentially. |
| revenue | positive | realized | +11.7% | Net sales for the quarter ended June 30, 2026: $1.485 billion, up 38.0% year over year and up 13.2% sequentially. |