Operating Income

Gross Profit

Microchip Technology Gross Profit increased by 13.1% to $799.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 59.6%, from $501.10M to $799.60M. Over 4 years (FY 2022 to FY 2026), Gross Profit shows a downward trend with a -11.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.

Detailed definition

The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...

Peer comparison

Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.

Metric ID: gross_profit

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.01B$1.07B$1.15B$1.22B$1.31B$1.40B$1.47B$1.52B$1.56B$1.53B$1.12B$789.90M$736.90M$668.50M$561.40M$501.10M$576.70M$637.90M$706.90M$799.60M
QoQ Change+6.0%+8.0%+5.8%+7.3%+6.7%+5.2%+3.3%+2.6%-2.0%-26.7%-29.5%-6.7%-9.3%-16.0%-10.7%+15.1%+10.6%+10.8%+13.1%
YoY Change+30.0%+30.9%+27.5%+24.5%+19.0%+9.3%-23.9%-48.0%-52.7%-56.2%-49.9%-36.6%-21.7%-4.6%+25.9%+59.6%
Range$501.10M$1.56B
CAGR-4.8%
Avg YoY Growth-4.2%
Median YoY Growth+2.3%
Current Streak4 quarters growth

Business Segments

View all
SegmentQ1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Semiconductor products$771.20M$714.70M$629.70M$530.40M$462.00M$543.70M$605.50M$648.00M
Technology Licensing Member$18.70M$22.20M$38.80M$31.00M$39.10M$33.00M$32.40M$58.90M
Total$789.90M$736.90M$668.50M$561.40M$501.10M$576.70M$637.90M$706.90M

Frequently Asked Questions

What is Microchip Technology's gross profit?
Microchip Technology (MCHP) reported gross profit of $799.60M in Q1 2026.
How has Microchip Technology's gross profit changed year-over-year?
Microchip Technology's gross profit increased by 59.6% year-over-year, from $501.10M to $799.60M.
What is the long-term trend for Microchip Technology's gross profit?
Over 4 years (2022 to 2026), Microchip Technology's gross profit has grown at a -11.6% compound annual growth rate (CAGR), from $4.45B to $2.72B.
What does gross profit mean?
The money left over from sales after paying for the direct cost of goods sold.