Microchip Technology Incorporated (MCHP)

Microchip Technology Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	4,402	7,634	8,439	6,821	5,438
Revenue Growth (YoY)	-42.34%	-9.53%	23.72%	25.42%	3.11%
Cost of Revenue	1,934	2,639	2,741	2,371	2,060
Gross Profit	2,468	4,996	5,698	4,450	3,379
Selling, General & Admin	617.7	734.2	797.7	718.9	610.3
Research & Development	983.8	1,097	1,118	989.1	836.4
Operating Expenses	2,092	2,437	2,586	2,571	2,379
Operating Income	375.5	2,559	3,112	1,879	999.8
Interest Expense	-259.2	-198.3	-203.9	-257	-356.9
Interest & Investment Income	9.2	7.6	2.1	0.5	1.7
Other Non Operating Income (Expenses)	-5.7	-2.2	3.8	2.8	-3.8
EBT Excluding Unusual Items	119.8	2,366	2,914	1,625	640.8
Merger & Restructuring Charges	-76.5	-6.2	-14.6	-	1.7
Legal Settlements	-1	1.3	19.4	-	-
Other Unusual Items	-3.4	5	-9.1	-142.9	-303
Pretax Income	38.9	2,366	2,910	1,483	339.5
Income Tax Expense	39.4	459	672	197	-9.9
Earnings From Continuing Operations	-0.5	1,907	2,238	1,286	349.4
Net Income to Company	-0.5	1,907	2,238	1,286	349.4
Net Income	-0.5	1,907	2,238	1,286	349.4
Preferred Dividends & Other Adjustments	2.2	-	-	-	-
Net Income to Common	-2.7	1,907	2,238	1,286	349.4
Net Income Growth	-	-14.78%	74.07%	267.92%	-38.77%
Shares Outstanding (Basic)	537	542	550	552	519
Shares Outstanding (Diluted)	537	548	557	566	541
Shares Change (YoY)	-1.95%	-1.67%	-1.52%	4.56%	5.62%
EPS (Basic)	-0.01	3.52	4.07	2.33	0.67
EPS (Diluted)	-0.01	3.48	4.02	2.27	0.65
EPS Growth	-	-13.43%	77.09%	249.23%	-41.44%
Free Cash Flow	772.1	2,608	3,135	2,473	1,824
Free Cash Flow Per Share	1.44	4.76	5.63	4.37	3.37
Dividend Per Share	1.816	1.682	1.263	0.910	0.747
Dividend Growth	7.97%	33.17%	38.79%	21.82%	1.91%
Gross Margin	56.07%	65.44%	67.52%	65.23%	62.13%
Operating Margin	8.53%	33.52%	36.88%	27.55%	18.38%
Profit Margin	-0.06%	24.98%	26.52%	18.85%	6.42%
Free Cash Flow Margin	17.54%	34.16%	37.15%	36.25%	33.54%
EBITDA	1,126	3,438	4,110	3,023	2,153
EBITDA Margin	25.57%	45.04%	48.71%	44.31%	39.59%
D&A For EBITDA	750.1	879.5	998.4	1,144	1,153
EBIT	375.5	2,559	3,112	1,879	999.8
EBIT Margin	8.53%	33.52%	36.88%	27.55%	18.38%
Effective Tax Rate	101.28%	19.40%	23.09%	13.29%	-

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q