Microchip 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
Quarterly dividend on common stock
“45.5 cents per share”
Period
No period stated
Measure
Declared action
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
For the second quarters of fiscal 2026 and fiscal 2025, our non-GAAP income tax expense is presented based on projected cash taxes for the applicable fiscal year, excluding transition tax payments under the Tax Cuts and Jobs Act. A reconciliation of our non-GAAP and GAAP results is included in this press release. Microchip announced today that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share, which is payable on December 9, 2025 to stockholders of record on November 24, 2025. The Microchip Board also declared a quarterly cash dividend on Microchip's 7.50% Series A Mandatory Convertible Preferred Stock of $18.750 per share (which represents $0.9375 per depositary share) which is payable on December 15, 2025 to stockholders of record on December 1, 2025. - - more - - Microchip Technology Reports Second Quarter Fiscal 2026 Financial Results Page 4 Third Quarter Fiscal Year 2026 Outlook: The following statements are based on current expectations. These statements are forward-looking, and actual results may differ materially. Microchip Consolidated Guidance Net Sales $1.109 to $1.149 billion GAAP (5) Non-GAAP Adjustments (1) Non-GAAP (1) Gross Profit 56.2% to 58.1% $11.1 to $12.1 million 57.2% to 59.2% Operating Expenses (2) 47.9% to 48.5% $174.9 to $178.9 million 32.3% to 32.7% Operating Income 7.7% to 10.3% $186.0 to $191.0 million 24.5% to 26.9% Other Expense, net $55.9 to $56.5 million $(0.2) to $0.2 million $55.7 to $56.7 million Income Tax Provision $14.6 to $24.9 million (3) $1.1 to $7.4 million $22.0 to $26.0 million (4) Net income $14.6 to $37.3 million $178.4 t
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.