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
Non-GAAP Operating Income (% of net sales)
“22.2% to 24.6%”
Period
Q2 FY2026
Measure
Company-defined measure
Source
Guidance table
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
Microchip Consolidated Guidance Net Sales $1.110 to $1.150 billion GAAP (5) Non-GAAP Adjustments (1) Non-GAAP (1) Gross Profit 54.3% to 56.2% $7.7 to $8.7 million 55.0% to 57.0% Operating Expenses (2) 47.4% to 48.0% $168.8 to $172.8 million 32.4% to 32.8% Operating Income 6.3% to 8.8% $176.5 to $181.5 million 22.2% to 24.6% Other Expense, net $54.7 to $55.3 million $(0.2) to $0.2 million $54.5 to $55.5 million Income Tax Provision $10.2 to $23.4 million (3) $(1.7) to $7.9 million $18.1 to $21.7 million (4) Net income $4.4 to $23.4 million $168.4 to $183.3 million $172.8 to $206.7 million Dividends on Series A Preferred Stock $(27.8) million $27.8 million — Net (loss) income attributable to common stockholders $(23.5) to $(4.5) million $196.3 to $211.2 million $172.8 to $206.7 million Diluted Common Shares Outstanding Approximately 539.8 million shares 28.5 to 29.5 million shares Approximately 568.3 to 569.3 million shares Diluted net (loss) per common share $(0.04) to $(0.01) $0.34 to $0.37 $0.30 to $0.36 (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 September 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 September 30, 2025. (3) The forecast for GAAP tax expense excludes any unex
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.