Microchip Technology Incorporated Depositary Shares Each Representing a 1/20th Interest in a Share of 7.50% Series A Mandatory Convertible Preferred Stock (MCHPP) Financial Statements

Microchip Technology Incorporated Depositary Shares Each Representing a 1/20th Interest in a Share of 7.50% Series A Mandatory Convertible Preferred Stock

MCHPP · NASDAQ-GS

	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Total Revenue	$4.71B	$4.40B	$7.63B	$8.44B	$6.82B	$5.44B	$5.27B	$5.35B
Cost of Revenue	$1.99B	$1.93B	$2.64B	$2.74B	$2.37B	$2.06B	$2.03B	$2.42B
Gross Profit	$2.72B	$2.47B	$5.00B	$5.70B	$4.45B	$3.38B	$3.24B	$2.93B
Research & Development	$1.09B	$983.80M	$1.10B	$1.12B	$989.10M	$836.40M	$877.80M	$826.30M
Selling, General & Administrative	$674.30M	$617.70M	$734.20M	$797.70M	$718.90M	$610.30M	$676.60M	$682.90M
Operating Expenses	$2.23B	$2.17B	$2.42B	$2.58B	$2.60B	$2.38B	$2.60B	$2.22B
Operating Income	$490.10M	$296.30M	$2.57B	$3.12B	$1.85B	$998.10M	$647.10M	$714.30M
Interest Expense	—	—	$198.30M	$203.90M	$257.00M	$356.90M	$497.30M	$502.90M
Other Income / (Expense)	-$6.70M	-$5.70M	-$2.20M	$3.80M	$2.80M	-$3.80M	$3.20M	-$2.20M
Income Before Taxes	$273.50M	$38.90M	$2.37B	$2.91B	$1.48B	$339.50M	$150.40M	$204.50M
Provision for Income Taxes	$43.50M	$39.40M	$459.00M	$672.00M	$197.00M	-$9.90M	-$420.20M	-$151.40M
Net Income	$230.00M	-$500.00K	$1.91B	$2.24B	$1.29B	$349.40M	$570.60M	$355.90M
Basic EPS	$0.22	-$0.01	$3.52	$4.07	$2.33	$0.67	$1.19	$1.51
Diluted EPS	$0.22	-$0.01	$3.48	$4.02	$2.27	$0.65	$1.11	$1.42
Basic Shares Outstanding	540.40M	537.30M	542.00M	550.40M	552.30M	519.20M	477.70M	236.20M
Diluted Shares Outstanding	545.20M	537.30M	548.00M	557.30M	565.90M	541.20M	512.40M	249.90M

Symbol: MCHPP
Type: Stock
Sector: Technology
Industry: Semiconductors
Country: North America
Exchange: NASDAQ-GS

Microchip Technology Inc. is a broadline supplier of semiconductors committed to making innovative design easier through total system solutions that address critical challenges at the intersection of emerging technologies and durable end markets. Its easy-to-use development tools and comprehensive product portfolio supports customers throughout the design process, from concept to completion. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support and delivers solutions across the industrial, automotive, consumer, aerospace and defense, communications and computing markets.

Key Issues

Bullish view

The 7.50% preferred dividend offers a defined income stream, while mandatory conversion could provide participation in Microchip common-stock appreciation.

Bearish view

Mandatory conversion into a variable number of common shares creates uncertainty over the eventual equity value and can dilute existing common-stock holders.

Analyst Consensus

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0 analysts

Earnings History

No reported EPS history yet.