MCHP · 8-K · 20261105PR000061
Gross Margin Drivers
MICROCHIP TECHNOLOGY INC · 2026-11-05 · Importance 62 · Surprise 46
GAAP gross profit was $1,068.0 million, or 65.9% of sales, compared with $637.9 million and 55.9% a year earlier. Non-GAAP gross profit was $1,077.8 million, or 66.5%, compared with $646.2 million and 56.7% a year earlier. The release identifies product mix, licensing revenue, manufacturing yields, fixed-cost absorption, fab loading, foundry wafer costs, inventory reserves, pricing, and competitive and economic conditions as factors that can affect gross profit.