Microchip Technology Incorporated, a microcontroller (MCU) supplier, announced its first quarter of the 2026 conference year (ends June 30, 2025) financial report: annual revenue decreased by 13.4% (10.8% quarterly) to US$1.0755 billion, up from the updated mid-point of forecasts released on May 29, 2025 (10.575 2025 USD) is not subject to the US General Affiliate Principles (non-GAAP) dilute earnings per share decreased by 49.1% to USD 0.27 per year, better than the updated forecast area (USD 0.22-0.26) released on May 29, 2025.
(Source: Microchip Technology)
According to Reuters, the market consensus value of LSEG is displayed. Analysts expect Microchip Technology to earn in the first quarter, non-GAAP per share to earn US$1.05 billion and US$0.24 each.Microchip Technology estimates that the second quarter will be between US$1.11 billion and US$1.15 billion (the middle value is US$1.13 billion), and non-GAAP's dilute earnings per share are between US$0.30-0.36 (the middle value is US$0.33).
Analysts expect Microchip Technology to close in the second quarter, non-GAAP per share to earn US$1.13 billion and US$0.31 each.
Microchip's non-GAAP gross profit margin in the first quarter fell to 54.3% from 59.9% in the same period a year ago, and the quarter's estimate was between 55.0-57.0%.
Projection data shows that 50.4% of Microchip's revenues were from Asia in the first quarter, while the revenues in the Americas and Europe accounted for 28.6% and 21.0% respectively.
Microchip executive Steve Sanghi said on the 7th through a financial report that Microchip will reduce its overall inventory by US$124.4 billion in the first quarter. Among them, the number of inventory days in the channel was reduced by 4 to 29 days, and the number of inventory days on the asset debt table was reduced to 214 days.
Microchip Manager Rich Simoncic pointed out that with the accelerated growth of global defense spending, Microchip's overall system solution strategy has continued to win design wins from first-line cloud service providers in the field of artificial intelligence (AI) basic construction and national defense applications.
Microchip rose 0.08% on the 7th and closed at US$66.22, up 15.47% so far this year; it fell 6.40% to US$61.98 after the market.
If Microchip closed at $61.98 on the 8th, it will hit a new low since June 2.