HighGravityDataMicrochip Technology — Nov 6, 2025 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000827054-25-000182
Showing in the filing
Net sales
“$1.129 billion plus or minus $20 million”
Period
Q3 FY2026
Measure
GAAP-tied
Source
Prose
All guidance in this release · 25
Net sales for Q3 FY2026
“$1.129 billion plus or minus $20 million”
Quarterly dividend on common stock
“45.5 cents per share”
Quarterly dividend on Series A Mandatory Con… for FY2025
“$18.750 per share (which represents $0.9375 per depositary share)”
Gross Profit (GAAP) for Q3 FY2026
“56.2% to 58.1%”
Gross Profit (Non-GAAP) for Q3 FY2026
“57.2% to 59.2%”
Operating Expenses (GAAP) for Q3 FY2026
“47.9% to 48.5%”
Operating Expenses (Non-GAAP) for Q3 FY2026
“32.3% to 32.7%”
Operating Income (GAAP) for Q3 FY2026
“7.7% to 10.3%”
Operating Income (Non-GAAP) for Q3 FY2026
“24.5% to 26.9%”
Other Expense, net (GAAP) for Q3 FY2026
“$55.9 to $56.5 million”
Other Expense, net (Non-GAAP) for Q3 FY2026
“$55.7 to $56.7 million”
Income Tax Provision (GAAP) for Q3 FY2026
“$14.6 to $24.9 million”
Income Tax Provision (Non-GAAP) for Q3 FY2026
“$22.0 to $26.0 million”
Net income (GAAP) for Q3 FY2026
“$14.6 to $37.3 million”
Net income (Non-GAAP) for Q3 FY2026
“$193.0 to $227.4 million”
Dividends on Series A Preferred Stock (GAAP) for Q3 FY2026
“$(27.8) million”
Net (loss) income attributable to common sto… for Q3 FY2026
“$(13.2) to $9.5 million”
Net (loss) income attributable to common sto… for Q3 FY2026
“$193.0 to $227.4 million”
Diluted Common Shares Outstanding (GAAP) for Q3 FY2026
“Approximately 540.8 to 545.2 million shares”
Diluted Common Shares Outstanding (Non-GAAP) for Q3 FY2026
“Approximately 568.3 to 569.3 million shares”
Diluted net (loss) income per common share (… for Q3 FY2026
“$(0.02) to $0.02”
Diluted net (loss) income per common share (… for Q3 FY2026
“$0.34 to $0.40”
Capital expenditures for FY2025
“between $15 million and $25 million”
Capital expenditures for FY2026
“at or below $100 million”
Assumed average stock price for FY2025
“between $60 and $70 per share”
Exhibit 99.1 · the passage around this item
… earlier in the release
Sanghi concluded, "While December is historically our seasonally weakest quarter, we are seeing encouraging business momentum with September quarter bookings growing 10% sequentially and a book-to-bill ratio of 1.06. Customer requests for expedited shipments have also increased significantly, indicating inventory normalization is progressing. However, given typical December seasonality, we expect net sales of $1.129 billion plus or minus $20 million. We remain confident in our strategic positioning as these positive leading indicators position us for stronger performance in the quarters ahead." - - more - - Microchip Technology Reports Second Quarter Fiscal 2026 Financial Results Page 3 The following table summarizes Microchip's reported result for the three months ended September 30, 2025. Three Months Ended September 30, 2025 (1) Net sales $1,140.4 GAAP % Non-GAAP (2) % Gross profit $637.9 55.9% $646.2 56.7% Operating income $88.9 7.8% $277.2 24.3% Other expense $(57.1) $(57.2) Income tax (benefit) provision $(9.9) $20.9 Net income $41.7 $199.1 Dividends on Series A Preferred Stock $(27.8) — Net income attributable to common stockholders $13.9 1.2% $199.1 17.5% Diluted net income per common share $0.03 $0.35 (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 second quarter of fiscal 2026 were $1.140 billion, down 2.0% from net sales of $1.164 billion in the prior year's second fiscal quarter. GAAP net income attributable to common stockholders for the second quarter of fiscal 2026 was $13.9 million, or $0.03 per
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.