Filing Flows › Microchip Technology (MCHP) › Q1 FY27 › vs Q1 FY26
Microchip Technology (MCHP) Q1 FY27 vs Q1 FY26 (year over year)
Microchip Technology's revenue rose $409M (+38%) from $1.1B in Q1 FY26 to $1.5B in Q1 FY27. The biggest changes: Mixed-signal Microcontrollers +$206M (+39%); Other +$108M (+48%); Analog +$94.7M (+30%). Gross margin 63.2% against 53.6% (+9.6 pts).
Microchip Technology, Q1 FY27: revenue $1.5B (+38% year over year), operating margin 22.7%, net earnings $230M, operating cash flow $512M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 63.2% | 53.6% | +9.6 pts |
| Operating margin | 22.7% | 3.0% | +19.7 pts |
| Net margin | 15.5% | -1.7% | +17.2 pts |
| Free cash flow margin | 33.5% | 24.0% | +9.6 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Mixed-signal Microcontrollers | $739M | $533M | $206M | +39% |
| Analog | $411M | $316M | $94.7M | +30% |
| Other | $335M | $227M | $108M | +48% |
| Revenue | $1.5B | $1.1B | $409M | +38% |
| Gross profit | $939M | $577M | $362M | +63% |
| Cost of revenue | $546M | $499M | $47.0M | +9% |
| Operating profit | $337M | $32.1M | $305M | +949% |
| Operating expenses | $602M | $545M | $57.5M | +11% |
| Pre-tax earnings | $290M | −$15.8M | $306M | — |
| Other expense, net | $46.9M | $47.9M | −$1.0M | -2% |
| Research & development | $309M | $256M | $53.4M | +21% |
| SG&A | $184M | $159M | $25.0M | +16% |
| Other operating costs | $109M | $130M | −$20.9M | -16% |
| Net earnings | $230M | −$18.6M | $248M | — |
| Income tax | $60.1M | $2.8M | $57.3M | 21× |
| Depreciation & amortization | $157M | $171M | −$14.4M | -8% |
| Share-based compensation | $75.0M | $52.9M | $22.1M | +42% |
| Working capital & other | $50.0M | $70.2M | −$20.2M | -29% |
| Operating cash flow | $512M | $276M | $236M | +86% |
| Free cash flow (OCF − capex) | $498M | $258M | $240M | +93% |
| Capital expenditures | $13.9M | $17.9M | −$4.0M | -22% |
Questions
How much did Microchip Technology's revenue grow year over year in Q1 FY27?
Microchip Technology's revenue rose $409M (+38%) from $1.1B in Q1 FY26 to $1.5B in Q1 FY27.
What drove Microchip Technology's revenue change in Q1 FY27?
Mixed-signal Microcontrollers +$206M (+39%); Other +$108M (+48%); Analog +$94.7M (+30%).