Income StatementBalance SheetCash FlowSegments
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Microchip Technology Incorporated Depositary Shares Each Representing a 1/20th Interest in a Share of 7.50% Series A Mandatory Convertible Preferred Stock Income Statement

Revenue, expenses, and profitability over time
Total Revenue (TTM)$4.7BGross Profit (TTM)$2.7BOperating Income (TTM)$490.1MNet Income$144.2MEps Diluted$0.21
Market Cap$52.9B

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders-$53.6M-$156.8M-$46.4M$13.9M$34.9M$116.4M
Net income-$53.6M-$154.6M-$18.6M$41.7M$62.7M$144.2M
Preferred stock dividends$0.0$2.2M$27.8M$27.8M$27.8M—

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$-0.10$-0.30$-0.09$0.03$0.06$0.21
Diluted earnings per share$-0.10$-0.29$-0.09$0.03$0.06$0.21
Dividends Per Share Declared$0.46$0.46$0.46$0.46$0.46—
Weighted-average shares, basic537.4M—539.2M540M540.8M541.5M
Weighted-average shares, diluted537.4M—539.2M545M545.5M547.9M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gain (loss) on extinguishment of debt-$300.0K-$1.4M——$0.0—
Interest expense$68.7M$69.6M$57.4M$56.3M$55.9M—
Interest income$1.7M$2.7M$4.9M$3.6M$1.3M—

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$561.4M$501.1M$576.7M$637.9M$706.9M$799.6M
Operating income$30.9M—$32.1M$88.9M$151.7M$217.4M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes-$46.1M—-$15.8M$31.8M$93.6M$163.9M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$7.5M—$2.8M-$9.9M$30.9M-$19.7M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other nonrecurring (income) expense$3.5M$71.6M$22.2M$6.3M$4.8M—
Research and development$246.2M$255.2M$255.5M$262.3M$274.3M$293.8M
Selling, general and administrative$158.2M$152.0M$159.3M$172.3M$168.5M$174.2M
Total operating expenses$530.5M$601.4M$544.6M$549.0M$555.2M$582.2M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Amortization of acquired intangible assets$122.6M$122.6M$107.6M$108.1M$107.6M—
Other income, net (Note 6)-$9.7M$0.0$4.6M-$4.4M-$3.5M—

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$464.6M$469.4M$498.8M$502.5M$479.1M$511.6M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$1.0B$970.5M$1.1B$1.1B$1.2B$1.3B