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Microchip Technology MCHP Long Term Supply Arrangement — Deferred revenue, non current

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AMEDeferred revenue, net of current portion
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Other financials

Income statement

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Revenue$1.3B+35.1%
Gross profit$799.6M+59.6%
Operating income$217.4M
Net income$144.2M+193%
EPS (diluted)$0.22+176%

Balance sheet

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Cash & equivalents$240.3M-68.9%
Total debt$5.6B-2.4%
Total equity$6.4B-9.1%
Total assets$14.4B-6.5%

Cash flow

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Operating cash flow$257.0M+24.8%
CapEx$14.2M0.0%
Free cash flow$242.8M+26.7%

Valuation

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Market cap$51.02B+37.1%
Enterprise value$56.42B+33.7%
P/E221.8×
P/S10.8×+2.4×

Profitability

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Gross margin57.7%+1.7pp
Operating margin10.4%
Net margin4.9%+4.9pp
FCF margin18.5%+0.9pp

Returns & leverage

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Return on equity3.4%+3.4pp
Debt / equity0.9×+0.1×
Current ratio2.1×-0.5×

Where this comes from

Reported directly by Microchip Technology in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The official record: Microchip Technology’s 10-K, filed May 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Microchip Technology's long term supply arrangement — deferred revenue, non current?
Microchip Technology (MCHP) reported long term supply arrangement — deferred revenue, non current of $259.5M in Q1 2026.
How has Microchip Technology's long term supply arrangement — deferred revenue, non current changed year-over-year?
Microchip Technology's long term supply arrangement — deferred revenue, non current decreased by 28.6% year-over-year, from $363.2M to $259.5M.
What is the long-term trend for Microchip Technology's long term supply arrangement — deferred revenue, non current?
Over 2 years (2024 to 2026), Microchip Technology's long term supply arrangement — deferred revenue, non current has grown at a -44.2% compound annual growth rate (CAGR), from $2.76B to $860.2M.
What does long term supply arrangement — deferred revenue, non current mean?
This represents the portion of long-term supply arrangement contract liabilities that will be recognized as revenue beyond the next twelve months. It reflects the long-term backlog and the extent to which customers have committed to future supply through prepayments or long-term capacity agreements. This metric is essential for assessing the durability of the company's long-term revenue model.