Filing Flows › Microchip Technology (MCHP) › Q4 FY26
Microchip Technology (MCHP) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed May 21, 2026
Microchip Technology (MCHP) reported revenue of $1.3B for the fourth quarter fiscal 2026 (Q4 FY26), +35% from a year earlier and +11% from the quarter before. Operating margin was 16.6%, net earnings $144M (11.0% of revenue).
Microchip Technology, Q4 FY26: revenue $1.3B (+35% year over year), operating margin 16.6%, net earnings $144M, operating cash flow $257M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +11% | +35% |
| Gross profit | $800M | +13% | +60% |
| Operating profit | $217M | +43% | — |
| Net earnings | $144M | +130% | — |
| Operating cash flow | $257M | -25% | +25% |
| Free cash flow | $243M | -24% | +27% |
What changed
Revenue was $1.3B in Q4 FY26, up 35% year over year and up 11% from the previous quarter. Mixed-signal Microcontrollers was the largest line at 50% of revenue.
Gross margin was 61.0%, up 9.3 points from Q4 FY25. Operating profit was $0.22B, a 16.6% margin (up 26.9 points year over year). Operating expenses fell 3% while revenue rose 35%. The fastest-growing cost line was Research & development (+15%). Net earnings were $0.14B. The effective tax rate was 12.0%.
Operating cash flow was $0.26B (up 25% year over year), 178% of net earnings. Non-cash charges added back $0.17B of depreciation and amortization and $0.07B of share-based compensation. Working capital and other items used $0.13B. Capital expenditures of $0.01B left free cash flow of $0.24B.
Questions
What was Microchip Technology's revenue in the fourth quarter fiscal 2026?
Microchip Technology (MCHP) reported revenue of $1.3B for the fourth quarter fiscal 2026 (Q4 FY26), +35% from a year earlier and +11% from the quarter before.
Was Microchip Technology profitable in the fourth quarter fiscal 2026?
Operating profit was $217M (16.6% of revenue) and net earnings $144M.