What is Microchip Technology's R&D?

Microchip Technology (MCHP) reported R&D of $293.8M in Q1 2026.

How has Microchip Technology's R&D changed year-over-year?

Microchip Technology's R&D increased by 15.1% year-over-year, from $255.2M to $293.8M.

What is the long-term trend for Microchip Technology's R&D?

Over 4 years (2022 to 2026), Microchip Technology's R&D has grown at a 2.4% compound annual growth rate (CAGR), from $989.1M to $1.09B.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Microchip Technology MCHP R&D

R&D at other companies

Analog DevicesADI

$509.32M+15.3%

Frequency ElectronicsFEIM

$1.76M+22.8%

IntelINTC

$3.38B-7.3%

Texas InstrumentsTXN

$510M-1.4%

Lattice SemiconductorLSCC

$50.84M+22.8%

Silicon LaboratoriesSLAB

$88.59M+0.4%

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:ResearchAndDevelopmentExpense.

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 R&D?: Microchip Technology (MCHP) reported R&D of $293.8M in Q1 2026.
How has Microchip Technology's R&D changed year-over-year?: Microchip Technology's R&D increased by 15.1% year-over-year, from $255.2M to $293.8M.
What is the long-term trend for Microchip Technology's R&D?: Over 4 years (2022 to 2026), Microchip Technology's R&D has grown at a 2.4% compound annual growth rate (CAGR), from $989.1M to $1.09B.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.