Microchip earnings date
Microchip's next results are scheduled for November 5, 2026. Watch whether continued demand comes with controlled inventory.
What has Microchip guided for the September quarter?
On August 6, Microchip gave the sales and earnings ranges shown below. It said the sales midpoint would represent approximately 40.6% growth from a year earlier. Earnings per share means the profit assigned to each share, including securities that could become shares. Growth against a weak quarter is an easier hurdle than growth after customers have finished rebuilding inventories.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| Net Sales — GAAP (US$ billions) | Quarter to Sep 2026 | 1.589 | 1.618 | Aug 6, 2026 |
| Gross Profit — GAAP (% of net sales) | Quarter to Sep 2026 | 65.4% | 66.3% | Aug 6, 2026 |
| Operating Expenses — GAAP (% of net sales) | Quarter to Sep 2026 | 37.3% | 37.4% | Aug 6, 2026 |
| Operating Income — GAAP (% of net sales) | Quarter to Sep 2026 | 28.1% | 28.9% | Aug 6, 2026 |
| Net income — GAAP | Quarter to Sep 2026 | 321.0 | 323.0 | Aug 6, 2026 |
| Diluted net income per common share — GAAP | Quarter to Sep 2026 | 0.53 | 0.54 | Aug 6, 2026 |
What this means. The company’s non-standard figures remove certain costs and charges, so they show higher profit and earnings per share than figures prepared under standard accounting rules.
Did Microchip keep its past promises?
There is evidence that Sanghi has delivered part of his undertaking: Fab 2 closed, inventories declined, and the August 6, 2026 results call reported results above guidance. The recovery remains unfinished, however. Shareholders should credit the operating improvements while asking whether the value created for each existing share exceeds the cost of management’s pay.
What is Microchip's revenue and profit trend over the last eight quarters?
The quarterly pattern is clearer. Revenue bottomed at $970.5 million in March 2025. By June 2026, it had reached $1,484.7 million after rising in every intervening quarter. The recovery is real, but sell-through will determine how much of it reflects final demand.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,484.7 | 1,311.2 | 1,186.0 | 1,140.4 | 1,075.5 | 970.5 | 1,026.0 | 1,163.8 |
| Gross margin | 63.2% | 61.0% | 59.6% | 55.9% | 53.6% | 51.6% | 54.7% | 57.4% |
| Operating income | 336.8 | 217.4 | 151.7 | 88.9 | 32.1 | -100.3 | 30.9 | 146.6 |
| Net income | 229.8 | 144.2 | 62.7 | 41.7 | -18.6 | -154.6 | -53.6 | 78.4 |
| EPS, diluted | 0.37 | 0.21 | 0.06 | 0.03 | -0.09 | -0.29 | -0.10 | 0.14 |
| = Free cash flow | 497.6 | 242.8 | 318.9 | 51.6 | 257.7 | 191.7 | 253.4 | 22.8 |
What this means. Microchip's net income includes profit owed to preferred shareholders, but its earnings per share counts only common shareholders after preferred dividends are removed.
What should Microchip watch in November?
Microchip schedules its September-quarter results call for November 5, 2026, at 5 p.m. Eastern. Investors should compare sales and earnings with guidance, then check whether receivables rose faster than profit or inventory began accumulating again.
December’s outlook will be more revealing. A strong quarter could reflect replenishment, favorable product mix, pricing or licensing. Continued demand with controlled inventory would offer better evidence of a lasting recovery. Debt reduction should be judged after dividends, equipment purchases and acquisition payments.