Microchip Technology Reports Second Quarter Financial Performance for Fiscal Year 2026

November 6, 2025 - 23:00

Microchip Technology has released its financial results for the second quarter of fiscal year 2026, revealing net sales of $1.140 billion. This figure represents a 6.0% increase from the previous quarter, although it shows a decline of 2.0% compared to the same quarter last year. The company had previously projected net sales of $1.130 billion, indicating a slight overachievement in their latest results.

On a GAAP basis, the company reported a gross profit margin of 55.9%. Operating income stood at $88.9 million, which is 7.8% of net sales. The net income attributable to common stockholders was recorded at $13.9 million, resulting in earnings per share (EPS) of $0.03 per diluted share. In contrast, the guidance provided in August 2025 anticipated a GAAP EPS loss ranging from $0.04 to $0.01 per diluted share.

These results reflect the company's ongoing efforts to navigate market challenges while maintaining a solid financial foundation.