Filing Flows › Microchip Technology (MCHP) › Q2 FY27 › vs Q2 FY26
Microchip Technology (MCHP) Q2 FY27 vs Q2 FY26 (year over year)
Microchip Technology's revenue rose $481M (+42%) from $1.1B in Q2 FY26 to $1.6B in Q2 FY27. The biggest changes: Mixed-signal Microcontrollers +$190M (+32%); Other +$154M (+66%); Analog +$138M (+43%). Gross margin 65.9% against 55.9% (+9.9 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 Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 65.9% | 55.9% | +9.9 pts |
| Operating margin | 28.6% | 7.8% | +20.9 pts |
| Net margin | 24.8% | 3.7% | +21.1 pts |
| Free cash flow margin | 24.4% | 4.5% | +19.9 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Mixed-signal Microcontrollers | $774M | $584M | $190M | +32% |
| Analog | $459M | $322M | $138M | +43% |
| Other | $388M | $234M | $154M | +66% |
| Revenue | $1.6B | $1.1B | $481M | +42% |
| Gross profit | $1.1B | $638M | $430M | +67% |
| Cost of revenue | $554M | $502M | $51.0M | +10% |
| Operating profit | $464M | $88.9M | $376M | +422% |
| Operating expenses | $604M | $549M | $54.5M | +10% |
| Pre-tax earnings | $418M | $31.8M | $386M | 13× |
| Other expense, net | $47.0M | $57.1M | −$10.1M | -18% |
| Research & development | $318M | $262M | $56.2M | +21% |
| SG&A | $187M | $172M | $14.6M | +8% |
| Other operating costs | $98.1M | $114M | −$16.3M | -14% |
| Net earnings | $401M | $41.7M | $360M | +863% |
| Income tax | $16.1M | −$9.9M | $26.0M | — |
| Depreciation & amortization | $156M | $173M | −$17.0M | -10% |
| Share-based compensation | $72.0M | $61.6M | $10.4M | +17% |
| Working capital & other | $210M | $188M | $22.0M | +12% |
| Operating cash flow | $419M | $88.1M | $331M | +376% |
| Free cash flow (OCF − capex) | $396M | $51.6M | $344M | +668% |
| Capital expenditures | $23.1M | $36.5M | −$13.4M | -37% |
Questions
How much did Microchip Technology's revenue grow year over year in Q2 FY27?
Microchip Technology's revenue rose $481M (+42%) from $1.1B in Q2 FY26 to $1.6B in Q2 FY27.
What drove Microchip Technology's revenue change in Q2 FY27?
Mixed-signal Microcontrollers +$190M (+32%); Other +$154M (+66%); Analog +$138M (+43%).