HighGravityDataMicrochip Technology — Aug 7, 2025 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000827054-25-000132
Showing in the filing
Net sales
“$1.130 billion plus or minus $20.0 million”
Period
Q2 FY2026
Measure
GAAP-tied
Source
Prose
All guidance in this release · 27
Net sales for Q2 FY2026
“$1.130 billion plus or minus $20.0 million”
Sequential net sales growth at midpoint for Q2 FY2026
“approximately 5.1% sequential growth at the midpoint”
Quarterly cash dividend on common stock for Q2 FY2026
“45.5 cents per share”
Quarterly dividend
“45.5 cents per share”
Quarterly cash dividend on 7.50% Series A Ma… for FY2025
“$18.750 per share (which represents $0.9375 per depositary share)”
Quarterly cash dividend on 7.50% Series A Ma…
“$18.750 per share”
GAAP Gross Profit (% of net sales) for Q2 FY2026
“54.3% to 56.2%”
Non-GAAP Gross Profit (% of net sales) for Q2 FY2026
“55.0% to 57.0%”
GAAP Operating Expenses (% of net sales) for Q2 FY2026
“47.4% to 48.0%”
Non-GAAP Operating Expenses (% of net sales) for Q2 FY2026
“32.4% to 32.8%”
GAAP Operating Income (% of net sales) for Q2 FY2026
“6.3% to 8.8%”
Non-GAAP Operating Income (% of net sales) for Q2 FY2026
“22.2% to 24.6%”
Other Expense, net (GAAP) for Q2 FY2026
“$54.7 to $55.3 million”
Other Expense, net (Non-GAAP) for Q2 FY2026
“$54.5 to $55.5 million”
Income Tax Provision (GAAP) for Q2 FY2026
“$10.2 to $23.4 million”
Income Tax Provision (Non-GAAP) for Q2 FY2026
“$18.1 to $21.7 million”
Net income (GAAP) for Q2 FY2026
“$4.4 to $23.4 million”
Dividends on Series A Preferred Stock (GAAP) for Q2 FY2026
“$(27.8) million”
Net (loss) income attributable to common sto… for Q2 FY2026
“$(23.5) to $(4.5) million”
Net (loss) income attributable to common sto… for Q2 FY2026
“$172.8 to $206.7 million”
Diluted Common Shares Outstanding (GAAP) for Q2 FY2026
“Approximately 539.8 million shares”
Diluted Common Shares Outstanding (Non-GAAP) for Q2 FY2026
“Approximately 568.3 to 569.3 million shares”
Diluted net (loss) per common share (GAAP) for Q2 FY2026
“$(0.04) to $(0.01)”
Diluted net (loss) per common share (Non-GAAP) for Q2 FY2026
“$0.30 to $0.36”
Capital expenditures for Q2 FY2025
“between $35 million and $40 million”
Capital expenditures for FY2026
“at or below $100 million”
Assumed average Microchip stock price (for d… for Q2 FY2025
“between $65 and $75 per share”
Exhibit 99.1 · the passage around this item
… earlier in the release
Our September quarter backlog is running ahead of June quarter levels, and July bookings were the highest since July 2022. Customer engagement levels continue strengthening across our diversified end markets. Taking all these factors into account, we expect September quarter net sales of $1.130 billion plus or minus $20.0 million, representing approximately 5.1% sequential growth at the midpoint. While we are maintaining a disciplined approach given the evolving macro environment, we believe we are well-positioned to deliver sustained growth and enhanced shareholder value as we execute our strategic roadmap throughout fiscal 2026." - - more - - Microchip Technology Reports First Quarter Fiscal 2026 Financial Results Page 3 The following table summarizes Microchip's reported result for the three months ended June 30, 2025. Three Months Ended June 30, 2025 (1) Net sales $1,075.5 GAAP % Non-GAAP (2) % Gross profit $576.7 53.6% $584.4 54.3% Operating income $32.1 3.0% $222.3 20.7% Other expense $(47.9) $(47.9) Income tax provision $2.8 $19.7 Net (loss) income $(18.6) $154.7 Dividends on Series A Preferred Stock $(27.8) — Net (loss) income attributable to common stockholders $(46.4) (4.3)% $154.7 14.4% Diluted net (loss) income per common share $(0.09) $0.27 (1) In millions, except per share amounts and percentages of net sales. (2) See the "Use of Non-GAAP Financial Measures" section of this release. Net sales for the first quarter of fiscal 2026 were $1.0755 billion, down 13.4% from net sales of $1.241 billio
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.