HighGravityDataMicrochip Technology — Aug 6, 2026 release
Fiscal 2027 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000827054-26-000037
Showing in the filing
Net Sales
“$1.589 to $1.618 billion”
Period
Q2 FY2027
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 36
Net sales for the September quarter
“up sequentially between 7% and 9%”
Net sales sequential growth
“up sequentially between 7% and 9%”
Net sales year-over-year growth (at midpoint)
“approximately 40.6%”
Quarterly dividend on common stock
“45.5 cents per share”
Quarterly dividend on Series A Mandatory Con… for FY2026
“$18.750 per share (which represents $0.9375 per depositary share)”
Quarterly cash dividend on Microchip's 7.50%…
“$18.750 per share”
Net Sales for Q2 FY2027
“$1.589 to $1.618 billion”
Gross Profit - GAAP for Q2 FY2027
“65.4% to 66.3%”
Gross Profit - Non-GAAP Adjustments for Q2 FY2027
“$10.3 to $11.3 million”
Gross Profit - Non-GAAP for Q2 FY2027
“66.0% to 67.0%”
Operating Expenses - GAAP for Q2 FY2027
“37.3% to 37.4%”
Operating Expenses - Non-GAAP Adjustments for Q2 FY2027
“$155.7 to $159.7 million”
Operating Expenses - Non-GAAP for Q2 FY2027
“27.5%”
Operating Income - GAAP for Q2 FY2027
“28.1% to 28.9%”
Operating Income - Non-GAAP Adjustments for Q2 FY2027
“$166.0 to $171.0 million”
Operating Income - Non-GAAP for Q2 FY2027
“38.5% to 39.5%”
Other Expense, net - GAAP for Q2 FY2027
“$48.7 to $49.3 million”
Other Expense, net - Non-GAAP Adjustments for Q2 FY2027
“$(0.2) to $0.2 million”
Other Expense, net - Non-GAAP for Q2 FY2027
“$48.5 to $49.5 million”
Income Tax Provision - GAAP for Q2 FY2027
“$75.3 to $96.5 million”
Income Tax Provision - Non-GAAP Adjustments for Q2 FY2027
“$(52.2) to $(33.1) million”
Income Tax Provision - Non-GAAP for Q2 FY2027
“$42.2 to $44.3 million”
Net income - GAAP for Q2 FY2027
“$321.0 to $323.0 million”
Net income - Non-GAAP Adjustments for Q2 FY2027
“$199.0 to $223.4 million”
Dividends on Series A Preferred Stock - Non-… for Q2 FY2027
“$27.8 million”
Net income attributable to common stockholde… for Q2 FY2027
“$293.2 to $295.2 million”
Net income attributable to common stockholde… for Q2 FY2027
“$226.8 to $251.2 million”
Net income attributable to common stockholde… for Q2 FY2027
“$520.0 to $546.4 million”
Diluted Common Shares Outstanding - GAAP for Q2 FY2027
“Approximately 550.7 to 551.7 million shares”
Diluted Common Shares Outstanding - Non-GAAP… for Q2 FY2027
“23.8 million shares”
Diluted Common Shares Outstanding - Non-GAAP for Q2 FY2027
“Approximately 574.5 to 575.5 million shares”
Diluted net income per common share - GAAP for Q2 FY2027
“$0.53 to $0.54”
Diluted net income per common share - Non-GA… for Q2 FY2027
“$0.38 to $0.41”
Diluted net income per common share - Non-GAAP for Q2 FY2027
“$0.91 to $0.95”
Capital expenditures for FY2026
“between $20 million and $25 million”
Capital expenditures for FY2027
“approximately $100 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
- - more - - Microchip Technology Reports First Quarter Fiscal 2027 Financial Results Page 4 Second 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 $1.589 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
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.