MCHPMicrochip Technology

Technology · Semiconductors · Nasdaq

We develop, manufacture and sell smart, connected and secure embedded control solutions used by our customers for a wide variety of applications. 10-K, Item 1

Employees: 17,900
Headquarters: Chandler, AZ
CEO: Steve Sanghi
Next results: around Jan 4, 2027

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MCHP and 9 peers, year by year

The 9 Technology companies closest to MCHP in revenue over the last twelve months. Every number is from the 10-K and links to it in SEC's Inline XBRL viewer.

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Each company's latest fiscal year
Company	Year	Revenue	Sales growth	Gross margin	Operating margin	Net margin	FCF margin	Return on equity	Debt / equity
MCHP Microchip Technology	FY2026	$4.7B	+7.1%	57.7%	10.4%	4.9%	18.5%	3.6%	0.85
Q Qnity Electronics	FY2025	$4.8B	+9.7%	-	-	14.6%	20.8%	9.8%	0.58
CRWD CrowdStrike	FY2026	$4.8B	+21.7%	74.7%	−6.1%	−3.4%	27.2%	−3.7%	0.17
TWLO Twilio	FY2025	$5.1B	+13.7%	48.9%	3.1%	0.7%	-	0.4%	0.13
GEN Gen Digital	FY2026	$5.0B	+27.1%	78.5%	42.4%	19.5%	30.5%	37.3%	3.14
CIEN Ciena	FY2025	$4.8B	+18.8%	42.0%	4.1%	2.6%	13.9%	4.5%	0.56
GDDY GoDaddy	FY2025	$5.0B	+8.3%	-	22.8%	17.7%	31.8%	n/m	17.57
CDNS Cadence Design Systems	FY2025	$5.3B	+14.1%	-	28.2%	20.9%	30.0%	20.3%	0.45
ZBRA Zebra Technologies	FY2025	$5.4B	+8.3%	48.1%	13.0%	7.8%	15.4%	11.7%	0.70
FSLR First Solar	FY2025	$5.2B	+24.1%	40.6%	30.6%	29.3%	22.7%	16.0%	0.05

Revenuepeer median $5.0B

Sales growthpeer median +14.1%

Gross marginpeer median 48.5%

Operating marginpeer median 17.9%

Net marginpeer median 14.6%

FCF marginpeer median 25.0%

Return on equitypeer median 10.7%

Debt / equitypeer median 0.56

RevenueSales growthGross marginOperating marginNet marginFree cash flowFCF marginReturn on equityDebt / equityEPS (diluted)

Revenue, FY2017 to FY2026

Revenue as reported in the 10-K.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
MCHP Mar	$3.4B	$4.0B	$5.3B	$5.3B	$5.4B	$6.8B	$8.4B	$7.6B	$4.4B	$4.7B
Q Dec	-	-	-	-	-	-	$4.0B	$4.3B	$4.8B	-
CRWD Jan	-	$118.8M	$249.8M	$481.4M	$874.4M	$2.2B	$3.1B	$4.0B	-	$4.8B
TWLO Dec	$399.0M	$650.1M	$1.1B	$1.8B	$2.8B	$3.8B	$4.2B	$4.5B	$5.1B	-
GEN Apr	$4.0B	$2.6B	$2.5B	$2.5B	$2.6B	$2.8B	$3.3B	$3.8B	$3.9B	$5.0B
CIEN Nov	$2.8B	$3.1B	$3.6B	$3.5B	$3.6B	$3.6B	$4.4B	$4.0B	$4.8B	-
GDDY Dec	$2.2B	$2.7B	$3.0B	$3.3B	$3.8B	$4.1B	$4.3B	$4.6B	$5.0B	-
CDNS Dec	$1.9B	$2.1B	$2.3B	$2.7B	$3.0B	$3.6B	$4.1B	$4.6B	$5.3B	-
ZBRA Dec	$3.7B	$4.2B	$4.5B	$4.4B	$5.6B	$5.8B	$4.6B	$5.0B	$5.4B	-
FSLR Dec	$2.9B	$2.2B	$3.1B	$2.7B	$2.9B	$2.6B	$3.3B	$4.2B	$5.2B	-
Peer median	$2.8B	$2.4B	$2.7B	$2.7B	$3.0B	$3.6B	$4.1B	$4.3B	$5.0B	-

Sales growth, FY2017 to FY2026

Revenue against the fiscal year before.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
MCHP Mar	+56.8%	+16.8%	+34.4%	−1.4%	+3.1%	+25.4%	+23.7%	−9.5%	−42.3%	+7.1%
Q Dec	-	-	-	-	-	-	-	+7.4%	+9.7%	-
CRWD Jan	-	-	+110%	+92.7%	+81.6%	+54.4%	+36.3%	+29.4%	-	+21.7%
TWLO Dec	+43.9%	+62.9%	+74.5%	+55.3%	+61.3%	+34.6%	+8.6%	+7.3%	+13.7%	-
GEN Apr	+11.6%	+20.3%	−4.0%	+1.4%	+2.4%	+9.6%	+19.4%	+14.6%	+3.6%	+27.1%
CIEN Nov	-	+10.4%	+15.4%	−1.1%	+2.5%	+0.3%	+20.8%	−8.5%	+18.8%	-
GDDY Dec	+20.8%	+19.2%	+12.3%	+11.0%	+15.0%	+7.2%	+4.0%	+7.5%	+8.3%	-
CDNS Dec	+7.0%	+10.0%	+9.3%	+14.8%	+11.4%	+19.2%	+14.8%	+13.5%	+14.1%	-
ZBRA Dec	+4.1%	+13.3%	+6.3%	−0.8%	+26.5%	+2.7%	−20.7%	+8.7%	+8.3%	-
FSLR Dec	+1.3%	−23.7%	+36.5%	−11.5%	+7.8%	−10.4%	+26.7%	+26.7%	+24.1%	-
Peer median	+9.3%	+13.3%	+13.9%	+6.2%	+13.2%	+8.4%	+17.1%	+8.7%	+11.7%	-

Gross margin, FY2017 to FY2026

Gross profit / revenue.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
MCHP Mar	51.6%	60.8%	54.8%	61.5%	62.1%	65.2%	67.5%	65.4%	56.1%	57.7%
Q Dec	-	-	-	-	-	-	-	-	-	-
CRWD Jan	-	54.1%	65.1%	70.6%	73.7%	73.2%	75.2%	75.0%	-	74.7%
TWLO Dec	54.2%	53.7%	53.7%	52.0%	48.9%	47.4%	49.2%	51.1%	48.9%	-
GEN Apr	78.8%	81.9%	81.5%	84.2%	85.8%	85.4%	82.2%	80.8%	80.3%	78.5%
CIEN Nov	44.5%	42.5%	43.2%	46.8%	47.6%	43.0%	42.8%	42.8%	42.0%	-
GDDY Dec	-	-	-	-	-	-	-	-	-	-
CDNS Dec	-	-	-	-	-	-	-	-	-	-
ZBRA Dec	45.9%	47.0%	46.8%	45.0%	46.7%	45.4%	46.3%	48.4%	48.1%	-
FSLR Dec	18.7%	17.5%	17.9%	25.1%	25.0%	2.7%	39.2%	44.2%	40.6%	-
Peer median	45.9%	50.3%	50.2%	49.4%	48.2%	46.4%	47.8%	49.8%	48.1%	-

Operating margin, FY2017 to FY2026

Operating income / revenue.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
MCHP Mar	8.1%	23.5%	13.4%	12.3%	18.4%	27.1%	36.9%	33.7%	6.7%	10.4%
Q Dec	-	-	-	-	-	-	-	-	-	-
CRWD Jan	-	−110.7%	−54.8%	−30.3%	−10.6%	−8.5%	−0.6%	−2.9%	-	−6.1%
TWLO Dec	−16.6%	−17.7%	−32.6%	−28.0%	−32.2%	−31.5%	−21.1%	−1.2%	3.1%	-
GEN Apr	−2.5%	−6.0%	6.4%	14.3%	35.1%	35.9%	36.4%	29.2%	40.9%	42.4%
CIEN Nov	7.7%	7.4%	9.7%	13.8%	13.7%	6.1%	8.2%	4.1%	4.1%	-
GDDY Dec	3.0%	5.6%	6.8%	8.2%	10.0%	12.2%	12.9%	19.5%	22.8%	-
CDNS Dec	16.7%	18.5%	21.1%	24.1%	26.1%	30.1%	30.6%	29.1%	28.2%	-
ZBRA Dec	8.7%	14.5%	15.4%	14.6%	17.4%	9.2%	10.5%	14.9%	13.0%	-
FSLR Dec	6.0%	1.8%	−5.3%	11.7%	20.1%	−1.0%	25.8%	33.2%	30.6%	-
Peer median	6.0%	3.7%	6.6%	12.7%	15.5%	7.6%	11.7%	17.2%	22.8%	-

Net margin, FY2017 to FY2026

Net income / revenue.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
MCHP Mar	4.8%	6.4%	6.7%	10.8%	6.4%	18.8%	26.5%	25.0%	0.0%	4.9%
Q Dec	-	-	-	-	-	-	12.6%	16.0%	14.6%	-
CRWD Jan	-	−114.1%	−56.1%	−29.5%	−10.6%	−8.2%	2.4%	−0.4%	-	−3.4%
TWLO Dec	−16.0%	−18.8%	−27.1%	−27.9%	−33.4%	−32.8%	−24.4%	−2.5%	0.7%	-
GEN Apr	−2.6%	44.5%	1.3%	156.1%	21.7%	29.9%	40.2%	16.0%	16.3%	19.5%
CIEN Nov	45.0%	−11.1%	7.1%	10.2%	13.8%	4.2%	5.8%	2.1%	2.6%	-
GDDY Dec	6.1%	2.9%	4.6%	−14.9%	6.4%	8.6%	32.3%	20.5%	17.7%	-
CDNS Dec	10.5%	16.2%	42.3%	22.0%	23.3%	23.8%	25.5%	22.7%	20.9%	-
ZBRA Dec	0.5%	10.0%	12.1%	11.3%	14.9%	8.0%	6.5%	10.6%	7.8%	-
FSLR Dec	−5.6%	6.4%	−3.8%	14.7%	16.0%	−1.7%	25.0%	30.7%	29.3%	-
Peer median	0.5%	4.7%	2.9%	10.8%	14.3%	6.1%	12.6%	16.0%	15.4%	-

Free cash flow, FY2017 to FY2026

Cash from operations minus capital spending.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
MCHP Mar	$1.0B	$1.2B	$1.4B	$1.5B	$1.8B	$2.5B	$3.1B	$2.6B	$772.1M	$871.0M
Q Dec	-	-	-	-	-	-	$651.0M	$861.0M	$988.0M	-
CRWD Jan	-	−$81.7M	−$58.8M	$19.7M	$303.8M	$706.0M	$989.7M	$1.1B	-	$1.3B
TWLO Dec	−$12.5M	$2.9M	−$31.3M	$6.8M	−$104.2M	-	-	-	-	-
GEN Apr	−$279.0M	$808.0M	$1.3B	−$950.0M	$700.0M	$968.0M	$751.0M	$2.0B	$1.2B	$1.5B
CIEN Nov	$140.3M	$161.6M	$350.6M	$411.0M	$462.1M	−$258.6M	$62.1M	$377.9M	$665.3M	-
GDDY Dec	$392.4M	$472.1M	$635.8M	$698.1M	$778.2M	$920.0M	$1.0B	$1.3B	$1.6B	-
CDNS Dec	$412.8M	$543.2M	$655.0M	$810.1M	$1.0B	$1.1B	$1.2B	$1.1B	$1.6B	-
ZBRA Dec	$428.0M	$721.0M	$624.0M	$895.0M	$1.0B	$413.0M	−$91.0M	$954.0M	$831.0M	-
FSLR Dec	$826.3M	−$1.1B	−$494.5M	−$379.5M	−$302.7M	−$30.2M	−$784.5M	−$308.1M	$1.2B	-
Peer median	$392.4M	$316.9M	$487.3M	$215.4M	$581.0M	$706.0M	$701.0M	$1.0B	$1.2B	-

FCF margin, FY2017 to FY2026

Free cash flow / revenue.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
MCHP Mar	30.8%	30.5%	27.0%	28.0%	33.5%	36.3%	37.1%	34.2%	17.5%	18.5%
Q Dec	-	-	-	-	-	-	16.1%	19.9%	20.8%	-
CRWD Jan	-	−68.8%	−23.5%	4.1%	34.7%	31.5%	32.4%	28.5%	-	27.2%
TWLO Dec	−3.1%	0.4%	−2.8%	0.4%	−3.7%	-	-	-	-	-
GEN Apr	−6.9%	31.6%	52.4%	−38.2%	27.4%	34.6%	22.6%	53.8%	30.6%	30.5%
CIEN Nov	5.0%	5.2%	9.8%	11.6%	12.8%	−7.1%	1.4%	9.4%	13.9%	-
GDDY Dec	17.6%	17.7%	21.3%	21.0%	20.4%	22.5%	23.6%	27.6%	31.8%	-
CDNS Dec	21.2%	25.4%	28.0%	30.2%	34.7%	31.4%	30.5%	24.1%	30.0%	-
ZBRA Dec	11.5%	17.1%	13.9%	20.1%	17.9%	7.1%	−2.0%	19.2%	15.4%	-
FSLR Dec	28.1%	−47.5%	−16.1%	−14.0%	−10.4%	−1.2%	−23.6%	−7.3%	22.7%	-
Peer median	11.5%	11.2%	11.9%	7.9%	19.2%	22.5%	19.4%	22.0%	22.7%	-

Return on equity, FY2017 to FY2026

Net income / shareholders' equity at the year end.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
MCHP Mar	5.0%	7.8%	6.7%	10.2%	6.5%	21.8%	34.4%	28.6%	0.0%	3.6%
Q Dec	-	-	-	-	-	-	4.5%	6.5%	9.8%	-
CRWD Jan	-	n/m	n/m	−19.1%	−10.6%	−12.5%	3.1%	−0.5%	-	−3.7%
TWLO Dec	−17.7%	−27.8%	−7.2%	−5.8%	−8.6%	−11.9%	−10.4%	−1.4%	0.4%	-
GEN Apr	−3.0%	22.7%	0.5%	n/m	n/m	n/m	62.0%	28.4%	28.3%	37.3%
CIEN Nov	59.1%	−17.9%	11.7%	14.4%	16.6%	5.6%	8.9%	3.0%	4.5%	-
GDDY Dec	28.0%	9.7%	17.7%	n/m	n/m	n/m	n/m	135.4%	n/m	-
CDNS Dec	20.6%	26.8%	47.0%	23.7%	25.4%	30.9%	30.6%	22.6%	20.3%	-
ZBRA Dec	2.0%	31.5%	29.6%	23.5%	28.0%	16.9%	9.7%	14.7%	11.7%	-
FSLR Dec	−3.2%	2.8%	−2.3%	7.2%	7.9%	−0.8%	12.4%	16.2%	16.0%	-
Peer median	2.0%	9.7%	11.7%	10.8%	12.2%	2.4%	9.3%	14.7%	11.7%	-

Debt / equity, FY2017 to FY2026

Total debt / shareholders' equity at the year end.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
MCHP Mar	0.90	0.94	1.95	1.70	1.67	1.30	0.99	0.90	0.80	0.85
Q Dec	-	-	-	-	-	-	-	0.00	0.58	-
CRWD Jan	-	-	-	0.00	0.85	0.51	0.32	0.23	-	0.17
TWLO Dec	-	0.00	-	0.04	0.09	0.09	0.10	0.12	0.13	-
GEN Apr	2.35	1.00	0.78	n/m	n/m	n/m	4.54	4.02	3.64	3.14
CIEN Nov	0.18	0.36	0.32	0.27	0.22	0.39	0.55	0.55	0.56	-
GDDY Dec	4.99	3.04	3.10	n/m	n/m	n/m	n/m	5.48	17.57	-
CDNS Dec	-	-	-	-	-	-	-	-	0.45	-
ZBRA Dec	2.61	1.19	0.14	0.58	0.33	0.74	0.73	0.61	0.70	-
FSLR Dec	0.08	0.09	0.09	0.05	0.04	0.03	0.08	0.08	0.05	-
Peer median	2.35	0.68	0.32	0.05	0.22	0.39	0.43	0.39	0.57	-

EPS (diluted), FY2017 to FY2026

Diluted earnings per share, on today's share count after splits.

Company	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
MCHP Mar	$0.35	$0.52	$0.71	$1.11	$0.65	$2.27	$4.02	$3.48	−$0.01	$0.22
Q Dec	-	-	-	-	-	-	$2.42	$3.31	$3.30	-
CRWD Jan	-	−$3.38	−$3.12	−$0.96	−$0.43	−$0.79	$0.30	−$0.06	-	−$0.65
TWLO Dec	−$0.70	−$1.26	−$2.36	−$3.35	−$5.45	−$6.86	−$5.54	−$0.66	$0.21	-
GEN Apr	−$0.17	$1.70	$0.05	$6.05	$0.92	$1.41	$2.14	$0.95	$1.03	$1.57
CIEN Nov	$7.53	−$2.49	$1.61	$2.32	$3.19	$1.00	$1.71	$0.58	$0.85	-
GDDY Dec	-	-	-	-	-	-	$9.08	$6.45	$6.22	-
CDNS Dec	$0.73	$1.23	$3.53	$2.11	$2.50	$3.09	$3.82	$3.85	$4.06	-
ZBRA Dec	$0.32	$7.76	$9.97	$9.35	$15.52	$8.80	$5.72	$10.18	$8.18	-
FSLR Dec	−$1.59	$1.36	−$1.09	$3.73	$4.38	−$0.41	$7.74	$12.02	$14.21	-
Peer median	$0.07	$1.23	$0.05	$2.32	$2.50	$1.00	$2.42	$3.31	$3.68	-

Fiscal years are lined up as each company's 10-K names them; the month next to a ticker is when its year ends. Hover a number for the XBRL line items and the filing; click it to open the filing on sec.gov. "n/m" means not meaningful: equity below zero, or a base so close to zero that the ratio says nothing. The peer median leaves out MCHP and needs at least three peers with the number. P/E, P/S and P/FCF at each year end appear here once the site has daily prices. What the same companies write about AI, tariffs and more →

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