HighGravityDataMicrochip Technology — May 7, 2026 release
Fiscal 2026 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000827054-26-000012
Showing in the filing
Net sales midpoint
“$1.456 billion”
Period
FY2026
Measure
GAAP-tied
Source
Prose
All guidance in this release · 31
Net sales midpoint for FY2026
“$1.456 billion”
Net sales
“$1.442 billion to $1.469 billion”
Non-GAAP gross margin
“approximately 62.25% to 63.25%”
Gross Profit (Non-GAAP) for Q1 FY2027
“62.25% to 63.25%”
Non-GAAP operating expense
“approximately 28.75% to 29.25%”
Operating Income (Non-GAAP) for Q1 FY2027
“33.00% to 34.50%”
Non-GAAP operating profit
“33.00% to 34.50%”
Non-GAAP earnings per share
“approximately $0.67 to $0.71”
Diluted net income per common share (Non-GAAP) for Q1 FY2027
“$0.67 to $0.71”
Quarterly cash dividend on common stock for FY2026
“45.5 cents per share”
Quarterly cash dividend
“45.5 cents per share”
Quarterly cash dividend on Series A Mandator… for FY2026
“$18.750 per share (which represents $0.9375 per depositary share)”
Quarterly cash dividend on 7.50% Series A Ma…
“$18.750 per share”
Net Sales for Q1 FY2027
“$1.442 to $1.469 billion”
Gross Profit (GAAP) for Q1 FY2027
“61.40% to 62.40%”
Operating Expenses (GAAP) for Q1 FY2027
“40.20% to 40.60%”
Operating Expenses (Non-GAAP) for Q1 FY2027
“28.75% to 29.25%”
Operating Income (GAAP) for Q1 FY2027
“20.80% to 22.20%”
Other Expense, net (GAAP) for Q1 FY2027
“$49.2 to $49.8 million”
Other Expense, net (Non-GAAP) for Q1 FY2027
“$49.0 to $50.0 million”
Income Tax Provision (GAAP) for Q1 FY2027
“$67.6 to $89.9 million”
Income Tax Provision (Non-GAAP) for Q1 FY2027
“$42.6 to $45.8 million”
Net income (GAAP) for Q1 FY2027
“$182.8 to $186.8 million”
Dividends on Series A Preferred Stock (GAAP) for Q1 FY2027
“$(27.8) million”
Net income attributable to common stockholde… for Q1 FY2027
“$155.0 to $159.0 million”
Net income attributable to common stockholde… for Q1 FY2027
“$383.4 to $411.9 million”
Diluted Common Shares Outstanding (GAAP) for Q1 FY2027
“Approximately 549.7 to 550.4 million shares”
Diluted Common Shares Outstanding (Non-GAAP) for Q1 FY2027
“Approximately 572.4 to 573.4 million shares”
Diluted net income per common share (GAAP) for Q1 FY2027
“$0.28 to $0.29”
Capital expenditures for FY2026
“approximately $20 million”
Capital expenditures for FY2027
“approximately $100 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
• On a Non-GAAP basis: gross profit of 61.6%; operating income of $400.9 million and 30.6% of net sales; net income of $327.3 million; and EPS of $0.57 per diluted share. Our guidance provided on February 5, 2026 was Non-GAAP EPS per diluted share of $0.48 to $0.52. • Midpoint of net sales guidance for the June 2026 quarter of $1.456 billion, which would be up 35.3% from a year ago quarter and 11.0% sequentially. For fiscal year 2026 • Net sales of $4.713 billion up 7.1% over the prior year. • On a GAAP basis: gross profit of 57.7%; operating income of $490.1 million; net income attributable to common stockholders of $118.8 million, adversely impacted by purchase accounting adjustments associated with our previous acquisitions, restructuring charges and the preferred stock dividend related to our Series A Preferred Stock and EPS of $0.22 per diluted share. • On a Non-GAAP basis: gross profit of 58.5%; operating income of $1.238 billion and 26.3% of net sales; net income of $933.9 million and EPS of $1.64 per diluted share. • Returned $984.0 million to shareholders through dividends. CHANDLER, Arizona - May 7, 2026 - (NASDAQ: MCHP) - Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today reported results for the three months and fiscal year ended March 31, 2026. "Our March quarter results significantly exceeded our expectations, with revenue of $1.311 billion coming in above the high end of our guidance and increasing 10.6% sequentially and 35.1% year ove
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.