HighGravityDataMicrochip Technology — May 8, 2025 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000827054-25-000061
Showing in the filing
Net (loss) income (GAAP)
“$(47.9) to $(9.8) million”
Period
Q1 FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 27
Expected net sales for FY2025
“between $1.02 billion and $1.07 billion”
Quarterly dividend
“45.5 cents per share”
Quarterly dividend on common stock declared …
“45.5 cents per share”
Quarterly cash dividend on 7.50% Series A Ma… for FY2025
“$16.875 per share (which represents $0.8438 per depositary share)”
Quarterly cash dividend on 7.50% Series A Ma…
“$16.875 per share”
Net Sales for Q1 FY2026
“$1.020 to $1.070 billion”
Gross Profit (GAAP) for Q1 FY2026
“51.2% to 53.2%”
Gross Profit (Non-GAAP) for Q1 FY2026
“52.2% to 54.2%”
Operating Expenses (GAAP) for Q1 FY2026
“49.3% to 51.1%”
Operating Expenses (Non-GAAP) for Q1 FY2026
“33.4% to 34.8%”
Operating Income (GAAP) for Q1 FY2026
“0.2% to 3.9%”
Operating Income (Non-GAAP) for Q1 FY2026
“17.4% to 20.8%”
Other Expense, net (GAAP) for Q1 FY2026
“$53.2 to $54.8 million”
Other Expense, net (Non-GAAP) for Q1 FY2026
“$53.0 to $55.0 million”
Income Tax (Benefit) Provision (GAAP) for Q1 FY2026
“$(5.3) to $(1.7) million”
Income Tax (Benefit) Provision (Non-GAAP) for Q1 FY2026
“$14.7 to $20.3 million”
Net (loss) income (GAAP) for Q1 FY2026
“$(47.9) to $(9.8) million”
Dividends on preferred stock (GAAP) for Q1 FY2026
“$(27.8) million”
Net (loss) income attributable to common sto… for Q1 FY2026
“$(75.7) to $(37.6) million”
Net (loss) income attributable to common sto… for Q1 FY2026
“$107.8 to $149.2 million”
Diluted Common Shares Outstanding (GAAP) for Q1 FY2026
“Approximately 538.9 million shares”
Diluted Common Shares Outstanding (Non-GAAP) for Q1 FY2026
“Approximately 570.3 to 571.3 million shares”
Diluted net (loss) per common share (GAAP) for Q1 FY2026
“$(0.15) to $(0.07)”
Diluted net (loss) per common share (Non-GAAP) for Q1 FY2026
“$0.18 to $0.26”
Capital expenditures for FY2025
“between $20 million and $25 million”
Capital expenditures for FY2026
“at or below $100 million”
Assumed average Microchip stock price (used … for FY2025
“between $45 and $55 per share”
Exhibit 99.1 · the passage around this item
… earlier in the release
Microchip Consolidated Guidance Net Sales $1.020 to $1.070 billion GAAP (5) Non-GAAP Adjustments (1) Non-GAAP (1) Gross Profit 51.2% to 53.2% $9.8 to $10.8 million 52.2% to 54.2% Operating Expenses (2) 49.3% to 51.1% $166.1 to $170.1 million 33.4% to 34.8% Operating Income 0.2% to 3.9% $175.9 to $180.9 million 17.4% to 20.8% Other Expense, net $53.2 to $54.8 million $(0.2) to $0.2 million $53.0 to $55.0 million Income Tax (Benefit) Provision $(5.3) to $(1.7) million (3) $20.0 to $22.0 million $14.7 to $20.3 million (4) Net (loss) income $(47.9) to $(9.8) million $155.7 to $159.0 million $107.8 to $149.2 million Dividends on preferred stock $(27.8) million $27.8 million — Net (loss) income attributable to common stockholders $(75.7) to $(37.6) million $183.5 to $186.8 million $107.8 to $149.2 million Diluted Common Shares Outstanding Approximately 538.9 million shares 31.4 to 32.4 million shares Approximately 570.3 to 571.3 million shares Diluted net (loss) per common share $(0.15) to $(0.07) $0.33 $0.18 to $0.26 (1) See the "Use of Non-GAAP Financial Measures" section of this release for information regarding our non-GAAP guidance. (2) We are not able to estimate the amount of certain Special Charges and Other, net that may be incurred during the quarter ending June 30, 2025. Therefore, our estimate of GAAP operating expenses excludes certain amounts that may be recognized as Special Charges and Other, net in the quarter ending June 30, 2025. (3) The forecast for GAAP tax expense excludes any unexpected tax events that may occur during the quarter, as these amounts cannot be forecasted. (4) Represents the expected cash tax rate for fiscal 2026, excluding any transition tax payments associated with the Tax Cuts and Jobs Act. (5) Our GAAP g
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.