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
Sequential net sales growth at midpoint
“approximately 5.1% sequential growth at the midpoint”
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
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 billion in the prior year's first fiscal quarter. GAAP net loss attributa
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.