Filing Flows › Microchip Technology (MCHP) › Q1 FY27 › vs Q4 FY26
Microchip Technology (MCHP) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Microchip Technology's revenue rose $174M (+13%) from $1.3B in Q4 FY26 to $1.5B in Q1 FY27. The biggest changes: Mixed-signal Microcontrollers +$87.3M (+13%); Other +$43.7M (+15%); Analog +$42.5M (+12%). Gross margin 63.2% against 61.0% (+2.3 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 Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 63.2% | 61.0% | +2.3 pts |
| Operating margin | 22.7% | 16.6% | +6.1 pts |
| Net margin | 15.5% | 11.0% | +4.5 pts |
| Free cash flow margin | 33.5% | 18.5% | +15.0 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Mixed-signal Microcontrollers | $739M | $652M | $87.3M | +13% |
| Analog | $411M | $368M | $42.5M | +12% |
| Other | $335M | $291M | $43.7M | +15% |
| Revenue | $1.5B | $1.3B | $174M | +13% |
| Gross profit | $939M | $800M | $139M | +17% |
| Cost of revenue | $546M | $512M | $34.2M | +7% |
| Operating profit | $337M | $217M | $119M | +55% |
| Operating expenses | $602M | $582M | $19.9M | +3% |
| Pre-tax earnings | $290M | $164M | $126M | +77% |
| Other expense, net | $46.9M | $53.5M | −$6.6M | -12% |
| Research & development | $309M | $294M | $15.1M | +5% |
| SG&A | $184M | $174M | $10.1M | +6% |
| Other operating costs | $109M | $114M | −$5.3M | -5% |
| Net earnings | $230M | $144M | $85.6M | +59% |
| Income tax | $60.1M | $19.7M | $40.4M | +205% |
| Depreciation & amortization | $157M | $174M | −$17.0M | -10% |
| Share-based compensation | $75.0M | $68.3M | $6.7M | +10% |
| Working capital & other | $50.0M | −$129M | $179M | — |
| Operating cash flow | $512M | $257M | $254M | +99% |
| Free cash flow (OCF − capex) | $498M | $243M | $255M | +105% |
| Capital expenditures | $13.9M | $14.2M | −$300K | -2% |
Questions
How much did Microchip Technology's revenue grow quarter over quarter in Q1 FY27?
Microchip Technology's revenue rose $174M (+13%) from $1.3B in Q4 FY26 to $1.5B in Q1 FY27.
What drove Microchip Technology's revenue change in Q1 FY27?
Mixed-signal Microcontrollers +$87.3M (+13%); Other +$43.7M (+15%); Analog +$42.5M (+12%).