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
Assumed average Microchip stock price (used for diluted share count in)
“between $45 and $55 per share”
Period
FY2025
Measure
GAAP-tied
Source
Prose
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
- - more - - Microchip Technology Reports Fourth Quarter and Fiscal 2025 Financial Results Page 7 Diluted Common Shares Outstanding can vary for, among other things, the trading price of our common stock, the vesting of restricted stock units, the potential for incremental dilutive shares from our convertible debentures and our mandatory convertible preferred stock (additional information regarding our share count is available in the investor relations section of our website under the heading "Supplemental Information"), and repurchases or issuances of shares of our common stock. The diluted common shares outstanding presented in the guidance table above assumes an average Microchip stock price in the June 2025 quarter between $45 and $55 per share (however, we make no prediction as to what our actual share price will be for such period or any other period). - - more - - Page 8 MICROCHIP TECHNOLOGY INCORPORATED AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except per share amounts) Three Months Ended March 31, Twelve Months Ended March 31, 2025 2024 2025 2024 Net sales $ 970.5 $ 1,325.8 $ 4,401.6 $ 7,634.4 Cost of sales 469.4 535.9 1,933.7 2,638.7 Gross profit 501.1 789.9 2,467.9 4,995.7 Research and development 255.2 240.3 983.8 1,097.4 Selling, general and administrative 152.0 161.8 617.7 734.2 Amortization of acquired intangible assets 122.6 151.2 490.9 605.4 Special charges (income) and other, net 71.6 (16.9) 79.2 (12.3) Operating expenses 601.4 536.4 2,171.6 2,424.7 Operating (loss) income (100.3) 253.5 296.3 2,571.0 Other expense, net (68.0) (53.8) (257.4) (205.1) (Loss) income before income taxes (168.3) 199.7 38.9 2,365.9 Income tax (benefit) provision (13.7) 45.0 39.4 459.0 Net (loss) income (154.6) 154.7 (0.5) 1,906.9 Dividends on preferred stock (2.2) — (2.2) — Net (loss) income attributable to common stockholders $ (156.8) $ 154.7 $ (2.7) $ 1,906.
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.