earnings
confidence high
sentiment positive
materiality 0.80
Microchip Q3 FY2026 beats: net sales $1.186B, non-GAAP EPS $0.44; guides Q4 net sales $1.26B
MICROCHIP TECHNOLOGY INC
2026-Q3 EPS reported
$0.00
revenue$3,401,900,000
- GAAP EPS $0.06, non-GAAP EPS $0.44; net sales $1.186B (+15.6% YoY), above guidance of $1.185B.
- Non-GAAP gross margin rose to 60.5% (from 52% in Mar Q); operating margin 28.5%.
- March quarter net sales guidance midpoint $1.260B (+6.2% seq, +29.8% YoY).
- Returned $246.1M to shareholders via dividends; declared $0.455 per share.
- Management expects further gross margin expansion toward long-term target of 65%.