MCHP financial statements

The full income statement, balance sheet, and cash-flow statement for Microchip Technology Incorporated (MCHP), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 536.5M2024-09 537.0M2024-12 537.8M2025-03 539.4M2025-06 539.7M2025-09 540.4M2025-12 541.1M2026-03 542.1M2026-06 543.0M+1.2% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2026	FY2025	FY2024	FY2023	FY2022
Income Statement	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
Revenue	4.71B YoY+7.1%	4.40B YoY-42.3%	7.63B YoY-9.5%	8.44B YoY+23.7%	6.82B YoY+25.4%
	2.72B YoY+10.3%	2.47B YoY-50.6%	5.00B YoY-12.3%	5.70B YoY+28.1%	4.45B YoY+31.7%
Cost of revenue	1.99B YoY+3.0%	1.93B YoY-26.7%	2.64B YoY-3.7%	2.74B YoY+15.6%	2.37B YoY+15.1%
	2.23B YoY+2.7%	2.17B YoY-10.4%	2.42B YoY-6.1%	2.58B YoY-0.7%	2.60B YoY+9.2%
Research & development	1.09B YoY+10.4%	984M YoY-10.4%	1.10B YoY-1.9%	1.12B YoY+13.1%	989M YoY+18.3%
Selling, general & administrative	674M YoY+9.2%	618M YoY-15.9%	734M YoY-8.0%	798M YoY+11.0%	719M YoY+17.8%
Restructuring	37.2M YoY-51.4%	76.5M	—	—	21.1M YoY+40.7%
Amortization of intangibles	534M YoY-8.6%	584M YoY-15.2%	689M YoY-8.6%	754M YoY-19.3%	934M YoY-5.9%
Operating income	490M YoY+65.4%	296M YoY-88.5%	2.57B YoY-17.5%	3.12B YoY+68.5%	1.85B YoY+85.3%
Interest expense	221M YoY-14.6%	259M YoY+30.7%	198M YoY-2.7%	204M YoY-20.7%	257M YoY-28.0%
Interest & investment income	11.4M YoY+23.9%	9.20M YoY+21.1%	7.60M YoY+261.9%	2.10M YoY+320.0%	500K YoY-70.6%
Other non-operating income	-6.70M YoY-17.5%	-5.70M YoY-159.1%	-2.20M YoY-157.9%	3.80M YoY+35.7%	2.80M YoY+173.7%
Pre-tax income	274M YoY+603.1%	38.9M YoY-98.4%	2.37B YoY-18.7%	2.91B YoY+96.3%	1.48B YoY+336.7%
Income tax	43.5M YoY+10.4%	39.4M YoY-91.4%	459M YoY-31.7%	672M YoY+241.1%	197M YoY+2089.9%
	230M YoY+46100.0%	-500K YoY-100.0%	1.91B YoY-14.8%	2.24B YoY+74.1%	1.29B YoY+267.9%
Net income to common	119M YoY+4500.0%	-2.70M YoY-100.1%	1.91B YoY-14.8%	2.24B	—
	$0.22 YoY+2300.0%	-$0.01 YoY-100.3%	$3.48 YoY-13.4%	$4.02 YoY+77.1%	$2.27 YoY+249.2%
EPS (basic)	$0.22 YoY+2300.0%	-$0.01 YoY-100.3%	$3.52 YoY-13.5%	$4.07 YoY+74.7%	$2.33 YoY+247.8%
	540M YoY+0.6%	537M YoY-0.9%	542M YoY-1.5%	550M YoY-0.3%	552M YoY+6.4%
	545M YoY+1.5%	537M YoY-2.0%	548M YoY-1.7%	557M YoY-1.5%	566M YoY+4.6%
Dividends per share	$1.82 YoY+0.2%	$1.82 YoY+8.0%	$1.68 YoY+33.2%	$1.26 YoY+38.8%	$0.91 YoY+21.8%
Balance Sheet	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
	2.38B YoY-20.5%	2.99B YoY-0.7%	3.01B YoY-1.8%	3.07B YoY+25.1%	2.45B YoY+14.3%
Cash & equivalents	240M YoY-68.9%	772M YoY+141.4%	320M YoY+36.6%	234M YoY-26.3%	317M YoY+13.4%
Short-term investments	—	—	—	0.00 YoY-100.0%	2.00M YoY+0.0%
Accounts receivable	895M YoY+29.7%	690M YoY-39.7%	1.14B YoY-12.4%	1.31B YoY+21.7%	1.07B YoY+7.5%
Inventory	1.04B YoY-20.0%	1.29B YoY-1.7%	1.32B YoY-0.7%	1.32B YoY+55.1%	854M YoY+28.5%
Other current assets	207M YoY-12.4%	236M YoY+1.2%	234M YoY+13.9%	205M YoY-0.5%	206M YoY+2.8%
	14.4B YoY-6.5%	15.4B YoY-3.1%	15.9B YoY-3.0%	16.4B YoY+1.1%	16.2B YoY-1.7%
Property, plant & equipment	1.11B YoY-6.5%	1.18B YoY-0.9%	1.19B YoY+1.4%	1.18B YoY+21.7%	968M YoY+13.2%
Operating lease right-of-use	138M YoY-6.0%	146M YoY-6.4%	156M YoY+1.5%	154M YoY+0.5%	153M YoY-0.6%
Goodwill	6.70B YoY+0.2%	6.68B YoY+0.1%	6.68B YoY+0.0%	6.67B YoY+0.0%	6.67B YoY+0.0%
Intangible assets	2.03B YoY-14.9%	2.39B YoY-14.1%	2.78B YoY-17.4%	3.37B YoY-16.7%	4.04B YoY-15.7%
Deferred tax assets	1.79B YoY+3.7%	1.73B YoY+8.2%	1.60B YoY-1.7%	1.62B YoY-9.7%	1.80B YoY+2.7%
Other non-current assets	364M YoY-8.4%	398M YoY-35.0%	612M YoY+33.8%	457M YoY+72.4%	265M YoY+0.3%
	1.14B YoY-1.6%	1.16B YoY-54.2%	2.52B YoY-19.2%	3.12B YoY+122.9%	1.40B YoY-41.9%
Accounts payable	206M YoY+28.0%	161M YoY-24.6%	213M YoY-46.3%	397M YoY+15.1%	345M YoY+17.9%
Accrued liabilities	931M YoY-6.4%	995M YoY-23.9%	1.31B YoY-1.2%	1.32B YoY+25.5%	1.05B YoY+32.7%
Deferred revenue	179M YoY-16.0%	213M YoY-18.5%	262M YoY+115.7%	121M YoY+65.8%	73.2M
Short-term & current debt	0.00	0.00 YoY-100.0%	999M YoY-28.5%	1.40B	0.00 YoY-100.0%
Current lease liability	38.8M YoY+8.7%	35.7M YoY+9.5%	32.6M YoY+3.5%	31.5M YoY-6.8%	33.8M YoY-15.1%
Long-term debt	5.50B YoY-2.4%	5.63B YoY+12.6%	5.00B YoY-0.8%	5.04B YoY-34.4%	7.69B YoY+1.4%
Non-current lease liability	107M YoY-7.0%	115M YoY-10.6%	129M YoY+0.1%	129M YoY-0.2%	129M YoY+2.8%
Operating lease liability (total)	146M YoY-3.3%	151M YoY-6.5%	161M YoY+0.7%	160M YoY-1.6%	163M YoY-1.5%
Deferred tax liabilities	25.1M YoY-25.7%	33.8M YoY+17.4%	28.8M YoY-32.6%	42.7M YoY+7.3%	39.8M YoY-9.3%
Other non-current liabilities	709M YoY-16.0%	844M YoY-17.1%	1.02B YoY+7.3%	948M YoY+100.0%	474M YoY+13.6%
	6.43B YoY-9.1%	7.08B YoY+6.3%	6.66B YoY+2.2%	6.51B YoY+10.5%	5.89B YoY+10.4%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	600K YoY+0.0%	600K YoY+20.0%	500K YoY+0.0%	500K YoY-16.7%	600K YoY+20.0%
Additional paid-in capital	4.07B YoY+4.1%	3.91B YoY+57.5%	2.48B YoY+2.9%	2.41B YoY-4.8%	2.54B YoY+5.5%
Retained earnings	4.92B YoY-15.0%	5.78B YoY-14.5%	6.76B YoY+17.3%	5.76B YoY+38.1%	4.18B YoY+23.0%
Treasury stock	2.55B YoY-2.3%	2.61B YoY+1.2%	2.58B YoY+55.5%	1.66B YoY+108.5%	796M YoY+83.6%
Accumulated other comprehensive income	-4.20M YoY-147.1%	-1.70M YoY+51.4%	-3.50M YoY+14.6%	-4.10M YoY+80.1%	-20.6M YoY+21.4%
Total liabilities & equity	14.4B YoY-6.5%	15.4B YoY-3.1%	15.9B YoY-3.0%	16.4B YoY+1.1%	16.2B YoY-1.7%
	578M YoY+0.1%	578M YoY+0.0%	578M YoY+0.0%	578M YoY+0.0%	578M YoY+1.6%
	542M YoY+0.6%	539M YoY+0.4%	537M YoY-1.6%	545M YoY-1.6%	555M YoY+1.4%
	542M YoY+0.5%	539M YoY+0.5%	537M YoY-1.6%	545M YoY-1.6%	555M YoY+1.4%
Cash Flow	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
	962M YoY+7.1%	898M YoY-69.0%	2.89B YoY-20.1%	3.62B YoY+27.4%	2.84B YoY+48.3%
Depreciation & amortization	689M YoY-8.1%	750M YoY-14.7%	880M YoY-11.9%	998M YoY-12.7%	1.14B YoY-0.8%
Intangible amortization	534M YoY-8.6%	584M YoY-15.2%	689M YoY-8.6%	754M YoY-19.3%	934M YoY-5.9%
Share-based compensation	255M YoY+41.6%	180M YoY+1.6%	178M YoY+4.2%	170M YoY-18.9%	210M YoY+6.0%
Deferred income taxes	-64.6M YoY+54.9%	-143M YoY-426.8%	-27.2M YoY-113.2%	206M YoY+2501.3%	7.90M YoY+105.7%
Change in receivables	205M YoY+145.0%	-454M YoY-180.9%	-162M YoY-169.4%	233M YoY+210.7%	74.9M YoY+17.6%
Change in inventory	-264M YoY-736.4%	-31.6M YoY-146.9%	-12.8M YoY-102.6%	483M YoY+171.8%	178M YoY+1066.3%
Other operating activities	-17.5M YoY+72.2%	-63.0M YoY-141.4%	-26.1M YoY-1350.0%	-1.80M YoY+84.2%	-11.4M
	-196M YoY+32.1%	-288M YoY+26.6%	-392M YoY+34.6%	-600M YoY-25.5%	-478M YoY-175.6%
Capital expenditure	91.1M YoY-27.7%	126M YoY-55.8%	285M YoY-41.4%	486M YoY+31.4%	370M YoY+299.7%
Free cash flow	871M YoY+12.8%	772M YoY-70.4%	2.61B YoY-16.8%	3.13B YoY+26.8%	2.47B YoY+35.6%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Sales/maturities of investments	—	—	—	—	0.00
Other investing activities	-1.30M YoY+45.8%	-2.40M YoY-500.0%	-400K YoY+55.6%	-900K	—
	-1.30B YoY-720.0%	-158M YoY+93.4%	-2.41B YoY+22.2%	-3.10B YoY-33.4%	-2.33B YoY-24.9%
Long-term debt issued	0.00 YoY-100.0%	1.99B YoY+100.3%	995M	0.00 YoY-100.0%	997M YoY-72.1%
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	61.7M YoY-5.7%	65.4M YoY-20.3%	82.1M YoY-0.2%	82.3M YoY+16.7%	70.5M YoY+16.9%
Common stock repurchased	0.00 YoY-100.0%	96.5M YoY-90.2%	982M YoY+3.8%	946M YoY+122.2%	426M
Dividends paid	984M YoY+0.9%	976M YoY+7.0%	912M YoY+31.1%	695M YoY+38.0%	504M YoY+29.7%
Other financing activities	-3.30M YoY+41.1%	-5.60M	0.00	0.00	—
Net change in cash	-531M YoY-217.6%	452M YoY+427.4%	85.7M YoY+202.8%	-83.4M YoY-323.0%	37.4M YoY+130.9%
Interest paid	211M YoY-10.6%	236M YoY+23.5%	191M YoY+5.3%	182M YoY-12.7%	208M YoY-21.7%
Income taxes paid	—	175M YoY-66.1%	517M YoY+7.1%	483M YoY+241.3%	141M YoY+62.0%
Valuation Ratios	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
Market cap	35.0B YoY+34.1%	26.1B YoY-46.1%	48.5B YoY+6.1%	45.7B YoY+9.7%	41.7B YoY-1.9%
P/E	152.3×	—	20.6× YoY+0.8%	20.4× YoY-37.0%	32.4× YoY-73.3%
P/S	7.4× YoY+25.3%	5.9× YoY+4.5%	5.7× YoY+4.8%	5.4× YoY-11.4%	6.1× YoY-21.8%
P/B	5.4× YoY+47.6%	3.7× YoY-46.1%	6.8× YoY-2.4%	7.0× YoY-0.8%	7.1× YoY-11.2%
P/FCF	40.2× YoY+18.9%	33.8× YoY+96.3%	17.2× YoY+18.2%	14.6× YoY-13.5%	16.9× YoY-27.6%
	0.66%	—	4.9% YoY-0.8%	4.9% YoY+58.7%	3.1% YoY+274.9%
	2.5% YoY-15.9%	3.0% YoY-49.1%	5.8% YoY-15.4%	6.9% YoY+15.6%	5.9% YoY+38.1%
	2.8% YoY-24.9%	3.8% YoY+100.1%	1.9% YoY+24.4%	1.5% YoY+24.5%	1.2% YoY+25.8%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: MCHP's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all MCHP filings on SEC EDGAR → Not investment advice.