Filing Flows › Microchip Technology (MCHP) › Q2 FY27 › vs Q1 FY27
Microchip Technology (MCHP) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Microchip Technology's revenue rose $137M (+9%) from $1.5B in Q1 FY27 to $1.6B in Q2 FY27. The biggest changes: Other +$53.4M (+16%); Analog +$48.1M (+12%); Mixed-signal Microcontrollers +$35.3M (+5%). Gross margin 65.9% against 63.2% (+2.6 pts).
Microchip Technology, Q2 FY27: revenue $1.6B (+42% year over year), operating margin 28.6%, net earnings $401M, operating cash flow $419M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 65.9% | 63.2% | +2.6 pts |
| Operating margin | 28.6% | 22.7% | +6.0 pts |
| Net margin | 24.8% | 15.5% | +9.3 pts |
| Free cash flow margin | 24.4% | 33.5% | -9.1 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Mixed-signal Microcontrollers | $774M | $739M | $35.3M | +5% |
| Analog | $459M | $411M | $48.1M | +12% |
| Other | $388M | $335M | $53.4M | +16% |
| Revenue | $1.6B | $1.5B | $137M | +9% |
| Gross profit | $1.1B | $939M | $129M | +14% |
| Cost of revenue | $554M | $546M | $7.7M | +1% |
| Operating profit | $464M | $337M | $128M | +38% |
| Operating expenses | $604M | $602M | $1.4M | +0.2% |
| Pre-tax earnings | $418M | $290M | $128M | +44% |
| Other expense, net | $47.0M | $46.9M | $100K | +0.2% |
| Research & development | $318M | $309M | $9.6M | +3% |
| SG&A | $187M | $184M | $2.6M | +1% |
| Other operating costs | $98.1M | $109M | −$10.8M | -10% |
| Net earnings | $401M | $230M | $172M | +75% |
| Income tax | $16.1M | $60.1M | −$44.0M | -73% |
| Depreciation & amortization | $156M | $157M | −$1.0M | -0.6% |
| Share-based compensation | $72.0M | $75.0M | −$3.0M | -4% |
| Working capital & other | $210M | −$50.0M | $260M | — |
| Operating cash flow | $419M | $512M | −$92.3M | -18% |
| Free cash flow (OCF − capex) | $396M | $498M | −$102M | -20% |
| Capital expenditures | $23.1M | $13.9M | $9.2M | +66% |
Questions
How much did Microchip Technology's revenue grow quarter over quarter in Q2 FY27?
Microchip Technology's revenue rose $137M (+9%) from $1.5B in Q1 FY27 to $1.6B in Q2 FY27.
What drove Microchip Technology's revenue change in Q2 FY27?
Other +$53.4M (+16%); Analog +$48.1M (+12%); Mixed-signal Microcontrollers +$35.3M (+5%).