---
schema_version: "secwatch.filing_event.v1"
accession: "0000827054-22-000146"
form_type: "8-K"
ticker: "MCHP"
cik: "0000827054"
company_name: "MICROCHIP TECHNOLOGY INC"
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T06:11:19.641316+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Microchip posts record Q1 net sales of $1.964B, EPS beat; dividend raised 9.1%

## Summary
- Record net sales $1.964B, up 6.5% QoQ and 25.1% YoY; GAAP EPS $0.90 beat guidance of $0.85-$0.86.
- Non-GAAP EPS $1.37 (guidance $1.32-$1.36); record gross margin 67.1% non-GAAP.
- Record cash flow from operations $840.4M; debt paydown $233.6M in quarter; cumulative $5.21B over 16 quarters.
- Quarterly dividend increased 9.1% to $0.301/share (up 37.8% YoY); $195.2M shares repurchased in Q1.

## SEC filing metadata
- accession: 0000827054-22-000146
- form_type: 8-K
- ticker: MCHP
- cik: 0000827054
- company_name: MICROCHIP TECHNOLOGY INC
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827054/000082705422000146/0000827054-22-000146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827054/000082705422000146/mchp-20220802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000827054-22-000146
- JSON: https://secwatch.observer/filing/0000827054-22-000146.json
- Plain text: https://secwatch.observer/filing/0000827054-22-000146.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.