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Microchip Technology — May 7, 2026 release

Fiscal 2026 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000827054-26-000012
Open on SEC.gov ↗
Showing in the filing
Net Sales
“$1.442 to $1.469 billion”
Period
Q1 FY2027
Measure
GAAP-tied
Source
Guidance table
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
- - more - - Microchip Technology Reports Fourth Quarter and Fiscal 2026 Financial Results Page 5 First Quarter Fiscal Year 2027 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 $1.442 to $1.469 billion   GAAP (5) Non-GAAP Adjustments (1) Non-GAAP (1) Gross Profit 61.40% to 62.40% $11.7 to $12.7 million 62.25% to 63.25% Operating Expenses (2) 40.20% to 40.60% $164.0 to $168.0 million 28.75% to 29.25% Operating Income 20.80% to 22.20% $175.7 to $180.7 million 33.00% to 34.50% Other Expense, net $49.2 to $49.8 million $(0.2) to $0.2 million $49.0 to $50.0 million Income Tax Provision $67.6 to $89.9 million (3) $(44.2) to $(25.0) million $42.6 to $45.8 million (4) Net income $182.8 to $186.8 million $200.6 to $225.1 million $383.4 to $411.9 million Dividends on Series A Preferred Stock $(27.8) million $27.8 million — Net income attributable to common stockholders $155.0 to $159.0 million $228.4 to $252.9 million $383.4 to $411.9 million Diluted Common Shares Outstanding Approximately 549.7 to 550.4 million shares  22.7 to 23.0 million shares Approximately 572.4 to 573.4 million shares Diluted net income per common share $0.28 to $0.29 $0.39 to $0.42 $0.67 to $0.71 (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 inc
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.