---
schema_version: "secwatch.filing_event.v1"
accession: "0000827054-23-000060"
form_type: "8-K"
ticker: "MCHP"
cik: "0000827054"
company_name: "MICROCHIP TECHNOLOGY INC"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:45:46.525737+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Microchip Q4 record sales $2.233B; EPS $1.09/$1.64; dividend +38.8%

## Summary
- Record net sales $2.233B (+21.1% YoY); GAAP EPS $1.09, Non-GAAP EPS $1.64, above guidance midpoints.
- Quarterly dividend raised 38.8% to $0.383/share, declared for June quarter.
- Paid down $153M debt in quarter; cumulative $6.3B debt reduction over 19 quarters; net leverage 1.45x.
- Returned $469.8M to shareholders: $195.9M dividends + $273.9M buybacks (3.3M shares at avg $82.55).
- Fiscal 2023 record net sales $8.439B; GAAP EPS $4.02, Non-GAAP EPS $6.02.

## SEC filing metadata
- accession: 0000827054-23-000060
- form_type: 8-K
- ticker: MCHP
- cik: 0000827054
- company_name: MICROCHIP TECHNOLOGY INC
- filed_at: 2023-05-04T23:59:59+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/827054/000082705423000060/0000827054-23-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827054/000082705423000060/mchp-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000827054-23-000060
- JSON: https://secwatch.observer/filing/0000827054-23-000060.json
- Plain text: https://secwatch.observer/filing/0000827054-23-000060.txt

## Key facts
- Earnings Releases
  MICROCHIP TECHNOLOGY INC reported financial results for the fourth quarter and fiscal year 2023.
  - Period: the fourth quarter and fiscal year 2023
  - Result: reported results
  source text: On May 4, 2023, we announced the results of our operations for the fourth quarter and fiscal year 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/827054/000082705423000060/0000827054-23-000060-index.htm

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