---
schema_version: "secwatch.filing_event.v1"
accession: "0000827054-22-000192"
form_type: "8-K"
ticker: "MCHP"
cik: "0000827054"
company_name: "MICROCHIP TECHNOLOGY INC"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T10:37:53.836024+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Microchip posts record Q2 FY2023 net sales of $2.07B, EPS beat; raises dividend 9%

## Summary
- Record net sales $2.073B (+5.6% QoQ, +25.7% YoY); GAAP EPS $0.98 vs guidance $0.94-0.95.
- Non-GAAP EPS $1.46 vs guidance $1.42-1.46; record gross margin 67.4% GAAP, 67.7% non-GAAP.
- Declared $0.328/share quarterly dividend (+9% QoQ, +41.4% YoY); paid down $264.9M debt in quarter.
- Repurchased $247.2M of stock at avg $68.18; cumulative $868M over four quarters.

## SEC filing metadata
- accession: 0000827054-22-000192
- form_type: 8-K
- ticker: MCHP
- cik: 0000827054
- company_name: MICROCHIP TECHNOLOGY INC
- filed_at: 2022-11-03T23:59:59+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/827054/000082705422000192/0000827054-22-000192-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827054/000082705422000192/mchp-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000827054-22-000192
- JSON: https://secwatch.observer/filing/0000827054-22-000192.json
- Plain text: https://secwatch.observer/filing/0000827054-22-000192.txt

## Key facts
- Earnings Releases
  MICROCHIP TECHNOLOGY INC reported financial results for the three months ended September 30, 2022.
  - Period: the three months ended September 30, 2022
  - Result: reported results
  source text: On November 3, 2022, we announced the results of our operations for the second quarter of fiscal year 2023. The complete release is attached to this report as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/827054/000082705422000192/0000827054-22-000192-index.htm

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