Microchip Technology — Aug 6, 2026 release

Microchip Consolidated Guidance Net Sales $1.589 to $1.618 billion GAAP (5) Non-GAAP Adjustments (1) Non-GAAP (1) Gross Profit 65.4% to 66.3% $10.3 to $11.3 million 66.0% to 67.0% Operating Expenses (2) 37.3% to 37.4% $155.7 to $159.7 million 27.5% Operating Income 28.1% to 28.9% $166.0 to $171.0 million 38.5% to 39.5% Other Expense, net $48.7 to $49.3 million $(0.2) to $0.2 million $48.5 to $49.5 million Income Tax Provision $75.3 to $96.5 million (3) $(52.2) to $(33.1) million $42.2 to $44.3 million (4) Net income $321.0 to $323.0 million $199.0 to $223.4 million $520.0 to $546.4 million Dividends on Series A Preferred Stock $(27.8) million $27.8 million — Net income attributable to common stockholders $293.2 to $295.2 million $226.8 to $251.2 million $520.0 to $546.4 million Diluted Common Shares Outstanding Approximately 550.7 to 551.7 million shares  23.8 million shares Approximately 574.5 to 575.5 million shares Diluted net income per common share $0.53 to $0.54 $0.38 to $0.41 $0.91 to $0.95 (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, 2026. 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, 2026. (3) The forecast for GAAP tax expense excludes any unexpected tax events that may occur during the quarter, as these amounts cannot be forecasted. (4) Represents the expected cash tax rate f