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Microchip Technology MCHP Payments for finance leases

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Other financials

Income statement

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Revenue$1.5B+38.0%
Gross profit$938.9M+62.8%
Operating income$336.8M+949%
Net income$229.8M+1,335%
EPS (diluted)$0.37+511%

Balance sheet

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Cash & equivalents$272.3M-51.9%
Total debt$5.4B-1.7%
Total equity$6.5B-5.9%
Total assets$14.4B-3.8%

Cash flow

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Operating cash flow$511.5M+85.6%
CapEx$13.9M-22.3%
Free cash flow$497.6M+93.1%

Valuation

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Market cap$42.24B+18.3%
Enterprise value$47.37B+16.6%
P/E88.3×
P/S8.3×-0.2×

Profitability

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Gross margin60.2%+5.7pp
Operating margin15.5%
Net margin9.3%+7.3pp
FCF margin21.7%+4.6pp

Returns & leverage

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Return on equity7.2%+5.8pp
Debt / equity0.8×0.0×
Current ratio1.9×-0.4×

Where this comes from

Reported directly by Microchip Technology in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeasePrincipalPayments.

The source filing: Microchip Technology’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:21 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0000827054-26-000038
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025
Tax payments related to shares withheld for vested RSUs(27.7)(8.4)
Payment of cash dividends on Series A Preferred Stock(27.8)(25.1)
Payment of cash dividends on common stock(246.9)(245.5)
Capital lease payments(0.4)(0.4)
Other financing(0.1)(2.8)
Net cash used in financing activities(427.5)(443.9)
Net increase (decrease) in cash and cash equivalents32.0(205.2)
Cash and cash equivalents, at beginning of period240.3771.7

Item 1. Financial Statements (Unaudited)

FAQ

What is Microchip Technology's payments for finance leases?
Microchip Technology (MCHP) reported payments for finance leases of $400K in Q2 2026.
How has Microchip Technology's payments for finance leases changed year-over-year?
Microchip Technology's payments for finance leases decreased by 0.0% year-over-year, from $400K to $400K.
What does payments for finance leases mean?
Principal payments on finance lease obligations, reducing the lease liability on the balance sheet.

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