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Guidance history, every release

Microchip Technology (MCHP) · 8 releases, Nov 5, 2024 to Aug 6, 2026 · rows are metrics, columns are releases

Raised · a change from the previous releaseSame · restated unchanged— · not stated in that releaseEvery value links to its sentence in the filing

Metric	Nov 5, 2024 FY25 Q2	Feb 6, 2025 FY25 Q3	May 8, 2025 FY25 Q4	Aug 7, 2025 FY26 Q1	Nov 6, 2025 FY26 Q2	Jan 5, 2026 FY26 Q3	May 7, 2026 FY26 Q4	Aug 6, 2026 FY27 Q1
For FY2027
Net Sales	—	—	—	—	—	—	—	New“$1.589 to $1.618 billion”
Net Sales	—	—	—	—	—	—	New“$1.442 to $1.469 billion”	—
Diluted net income per common share - GAAP	—	—	—	—	—	—	—	New“$0.53 to $0.54”
Diluted net income per common share - Non-GAAP	—	—	—	—	—	—	—	New“$0.91 to $0.95”
Diluted net income per common share - Non-GAAP Adjustments	—	—	—	—	—	—	—	New“$0.38 to $0.41”
Diluted net income per common share (GAAP)	—	—	—	—	—	—	New“$0.28 to $0.29”	—
Diluted net income per common share (Non-GAAP)	—	—	—	—	—	—	New“$0.67 to $0.71”	—
Gross Profit - GAAP	—	—	—	—	—	—	—	New“65.4% to 66.3%”
Gross Profit - Non-GAAP	—	—	—	—	—	—	—	New“66.0% to 67.0%”
Gross Profit - Non-GAAP Adjustments	—	—	—	—	—	—	—	New“$10.3 to $11.3 million”
Gross Profit (GAAP)	—	—	—	—	—	—	New“61.40% to 62.40%”	—
Gross Profit (Non-GAAP)	—	—	—	—	—	—	New“62.25% to 63.25%”	—
Net income - GAAP	—	—	—	—	—	—	—	New“$321.0 to $323.0 million”
Net income - Non-GAAP Adjustments	—	—	—	—	—	—	—	New“$199.0 to $223.4 million”
Net income (GAAP)	—	—	—	—	—	—	New“$182.8 to $186.8 million”	—
Net income attributable to common stockholders - GAAP	—	—	—	—	—	—	—	New“$293.2 to $295.2 million”
Net income attributable to common stockholders - Non-GAAP	—	—	—	—	—	—	—	New“$520.0 to $546.4 million”
Net income attributable to common stockholders - Non-GAAP Adjustments	—	—	—	—	—	—	—	New“$226.8 to $251.2 million”
Net income attributable to common stockholders (GAAP)	—	—	—	—	—	—	New“$155.0 to $159.0 million”	—
Net income attributable to common stockholders (Non-GAAP)	—	—	—	—	—	—	New“$383.4 to $411.9 million”	—
Operating Income - GAAP	—	—	—	—	—	—	—	New“28.1% to 28.9%”
Operating Income - Non-GAAP	—	—	—	—	—	—	—	New“38.5% to 39.5%”
Operating Income - Non-GAAP Adjustments	—	—	—	—	—	—	—	New“$166.0 to $171.0 million”
Operating Income (GAAP)	—	—	—	—	—	—	New“20.80% to 22.20%”	—
Operating Income (Non-GAAP)	—	—	—	—	—	—	New“33.00% to 34.50%”	—
Capital expenditures	—	—	—	—	—	—	New“approximately $100 million”	Reiterated“approximately $100 million”
Diluted Common Shares Outstanding - GAAP	—	—	—	—	—	—	—	New“Approximately 550.7 to 551.7 million shares”
Diluted Common Shares Outstanding - Non-GAAP	—	—	—	—	—	—	—	New“Approximately 574.5 to 575.5 million shares”
Diluted Common Shares Outstanding - Non-GAAP Adjustments	—	—	—	—	—	—	—	New“23.8 million shares”
Diluted Common Shares Outstanding (GAAP)	—	—	—	—	—	—	New“Approximately 549.7 to 550.4 million shares”	—
Diluted Common Shares Outstanding (Non-GAAP)	—	—	—	—	—	—	New“Approximately 572.4 to 573.4 million shares”	—
Dividends on Series A Preferred Stock - Non-GAAP Adjustments	—	—	—	—	—	—	—	New“$27.8 million”
Dividends on Series A Preferred Stock (GAAP)	—	—	—	—	—	—	New“$(27.8) million”	—
Income Tax Provision - GAAP	—	—	—	—	—	—	—	New“$75.3 to $96.5 million”
Income Tax Provision - Non-GAAP	—	—	—	—	—	—	—	New“$42.2 to $44.3 million”
Income Tax Provision - Non-GAAP Adjustments	—	—	—	—	—	—	—	New“$(52.2) to $(33.1) million”
Income Tax Provision (GAAP)	—	—	—	—	—	—	New“$67.6 to $89.9 million”	—
Income Tax Provision (Non-GAAP)	—	—	—	—	—	—	New“$42.6 to $45.8 million”	—
Operating Expenses - GAAP	—	—	—	—	—	—	—	New“37.3% to 37.4%”
Operating Expenses - Non-GAAP	—	—	—	—	—	—	—	New“27.5%”
Operating Expenses - Non-GAAP Adjustments	—	—	—	—	—	—	—	New“$155.7 to $159.7 million”
Operating Expenses (GAAP)	—	—	—	—	—	—	New“40.20% to 40.60%”	—
Operating Expenses (Non-GAAP)	—	—	—	—	—	—	New“28.75% to 29.25%”	—
Other Expense, net - GAAP	—	—	—	—	—	—	—	New“$48.7 to $49.3 million”
Other Expense, net - Non-GAAP	—	—	—	—	—	—	—	New“$48.5 to $49.5 million”
Other Expense, net - Non-GAAP Adjustments	—	—	—	—	—	—	—	New“$(0.2) to $0.2 million”
Other Expense, net (GAAP)	—	—	—	—	—	—	New“$49.2 to $49.8 million”	—
Other Expense, net (Non-GAAP)	—	—	—	—	—	—	New“$49.0 to $50.0 million”	—
For FY2026
GAAP Gross Profit (% of net sales)	—	—	—	New“54.3% to 56.2%”	—	—	—	—
GAAP Operating Expenses (% of net sales)	—	—	—	New“47.4% to 48.0%”	—	—	—	—
GAAP Operating Income (% of net sales)	—	—	—	New“6.3% to 8.8%”	—	—	—	—
Net sales	—	—	—	—	New“$1.129 billion plus or minus $20 million”	—	—	—
Net sales	—	—	—	New“$1.130 billion plus or minus $20.0 million”	—	—	—	—
Net Sales	—	—	New“$1.020 to $1.070 billion”	—	—	—	—	—
Net sales for third quarter of fiscal 2026	—	—	—	—	—	New“about $1,185 million”	—	—
Net sales midpoint	—	—	—	—	—	—	New“$1.456 billion”	—
Non-GAAP Gross Profit (% of net sales)	—	—	—	New“55.0% to 57.0%”	—	—	—	—
Non-GAAP Operating Expenses (% of net sales)	—	—	—	New“32.4% to 32.8%”	—	—	—	—
Non-GAAP Operating Income (% of net sales)	—	—	—	New“22.2% to 24.6%”	—	—	—	—
Sequential net sales growth at midpoint	—	—	—	New“approximately 5.1% sequential growth at the midpoint”	—	—	—	—
Gross Profit (GAAP)	—	—	—	—	New“56.2% to 58.1%”	—	—	—
Gross Profit (GAAP)	—	—	New“51.2% to 53.2%”	—	—	—	—	—
Gross Profit (Non-GAAP)	—	—	—	—	New“57.2% to 59.2%”	—	—	—
Gross Profit (Non-GAAP)	—	—	New“52.2% to 54.2%”	—	—	—	—	—
Net income (GAAP)	—	—	—	—	New“$14.6 to $37.3 million”	—	—	—
Net income (GAAP)	—	—	—	New“$4.4 to $23.4 million”	—	—	—	—
Net income (Non-GAAP)	—	—	—	—	New“$193.0 to $227.4 million”	—	—	—
Operating Income (GAAP)	—	—	—	—	New“7.7% to 10.3%”	—	—	—
Operating Income (GAAP)	—	—	New“0.2% to 3.9%”	—	—	—	—	—
Operating Income (Non-GAAP)	—	—	—	—	New“24.5% to 26.9%”	—	—	—
Operating Income (Non-GAAP)	—	—	New“17.4% to 20.8%”	—	—	—	—	—
Capital expenditures	—	—	New“at or below $100 million”	Reiterated“at or below $100 million”	Reiterated“at or below $100 million”	—	Raised“approximately $20 million”	Raised“between $20 million and $25 million”
Diluted Common Shares Outstanding (GAAP)	—	—	—	—	New“Approximately 540.8 to 545.2 million shares”	—	—	—
Diluted Common Shares Outstanding (GAAP)	—	—	—	New“Approximately 539.8 million shares”	—	—	—	—
Diluted Common Shares Outstanding (GAAP)	—	—	New“Approximately 538.9 million shares”	—	—	—	—	—
Diluted Common Shares Outstanding (Non-GAAP)	—	—	—	—	New“Approximately 568.3 to 569.3 million shares”	—	—	—
Diluted Common Shares Outstanding (Non-GAAP)	—	—	—	New“Approximately 568.3 to 569.3 million shares”	—	—	—	—
Diluted Common Shares Outstanding (Non-GAAP)	—	—	New“Approximately 570.3 to 571.3 million shares”	—	—	—	—	—
Diluted net (loss) income per common share (GAAP)	—	—	—	—	New“$(0.02) to $0.02”	—	—	—
Diluted net (loss) income per common share (Non-GAAP)	—	—	—	—	New“$0.34 to $0.40”	—	—	—
Diluted net (loss) per common share (GAAP)	—	—	—	New“$(0.04) to $(0.01)”	—	—	—	—
Diluted net (loss) per common share (GAAP)	—	—	New“$(0.15) to $(0.07)”	—	—	—	—	—
Diluted net (loss) per common share (Non-GAAP)	—	—	—	New“$0.30 to $0.36”	—	—	—	—
Diluted net (loss) per common share (Non-GAAP)	—	—	New“$0.18 to $0.26”	—	—	—	—	—
Dividends on preferred stock (GAAP)	—	—	New“$(27.8) million”	—	—	—	—	—
Dividends on Series A Preferred Stock (GAAP)	—	—	—	—	New“$(27.8) million”	—	—	—
Dividends on Series A Preferred Stock (GAAP)	—	—	—	New“$(27.8) million”	—	—	—	—
Income Tax (Benefit) Provision (GAAP)	—	—	New“$(5.3) to $(1.7) million”	—	—	—	—	—
Income Tax (Benefit) Provision (Non-GAAP)	—	—	New“$14.7 to $20.3 million”	—	—	—	—	—
Income Tax Provision (GAAP)	—	—	—	—	New“$14.6 to $24.9 million”	—	—	—
Income Tax Provision (GAAP)	—	—	—	New“$10.2 to $23.4 million”	—	—	—	—
Income Tax Provision (Non-GAAP)	—	—	—	—	New“$22.0 to $26.0 million”	—	—	—
Income Tax Provision (Non-GAAP)	—	—	—	New“$18.1 to $21.7 million”	—	—	—	—
Net (loss) income (GAAP)	—	—	New“$(47.9) to $(9.8) million”	—	—	—	—	—
Net (loss) income attributable to common stockholders (GAAP)	—	—	—	—	New“$(13.2) to $9.5 million”	—	—	—
Net (loss) income attributable to common stockholders (GAAP)	—	—	—	New“$(23.5) to $(4.5) million”	—	—	—	—
Net (loss) income attributable to common stockholders (GAAP)	—	—	New“$(75.7) to $(37.6) million”	—	—	—	—	—
Net (loss) income attributable to common stockholders (Non-GAAP)	—	—	—	—	New“$193.0 to $227.4 million”	—	—	—
Net (loss) income attributable to common stockholders (Non-GAAP)	—	—	—	New“$172.8 to $206.7 million”	—	—	—	—
Net (loss) income attributable to common stockholders (Non-GAAP)	—	—	New“$107.8 to $149.2 million”	—	—	—	—	—
Operating Expenses (GAAP)	—	—	—	—	New“47.9% to 48.5%”	—	—	—
Operating Expenses (GAAP)	—	—	New“49.3% to 51.1%”	—	—	—	—	—
Operating Expenses (Non-GAAP)	—	—	—	—	New“32.3% to 32.7%”	—	—	—
Operating Expenses (Non-GAAP)	—	—	New“33.4% to 34.8%”	—	—	—	—	—
Other Expense, net (GAAP)	—	—	—	—	New“$55.9 to $56.5 million”	—	—	—
Other Expense, net (GAAP)	—	—	—	New“$54.7 to $55.3 million”	—	—	—	—
Other Expense, net (GAAP)	—	—	New“$53.2 to $54.8 million”	—	—	—	—	—
Other Expense, net (Non-GAAP)	—	—	—	—	New“$55.7 to $56.7 million”	—	—	—
Other Expense, net (Non-GAAP)	—	—	—	New“$54.5 to $55.5 million”	—	—	—	—
Other Expense, net (Non-GAAP)	—	—	New“$53.0 to $55.0 million”	—	—	—	—	—
Quarterly cash dividend on common stock	—	—	—	—	—	—	New“45.5 cents per share”	—
Quarterly cash dividend on common stock	—	—	—	New“45.5 cents per share”	—	—	—	—
Quarterly cash dividend on Series A Mandatory Convertible Preferred Stock	—	—	—	—	—	—	New“$18.750 per share (which represents $0.9375 per depositary share)”	—
Quarterly dividend on Series A Mandatory Convertible Preferred Stock	—	—	—	—	—	—	—	New“$18.750 per share (which represents $0.9375 per depositary share)”
For FY2025
Expected net sales	—	—	New“between $1.02 billion and $1.07 billion”	—	—	—	—	—
Net sales	New“between $1.025 billion and $1.095 billion”	—	—	—	—	—	—	—
Net Sales	—	New“$920.0 million to $1.000 billion”	—	—	—	—	—	—
Earnings (loss) per Diluted Share (GAAP)	—	New“$(0.24) to $(0.14)”	—	—	—	—	—	—
Earnings (Loss) per Diluted Share (GAAP)	New“($0.04) to $0.03”	—	—	—	—	—	—	—
Earnings (loss) per Diluted Share (Non-GAAP)	—	New“$0.05 to $0.15”	—	—	—	—	—	—
Earnings (Loss) per Diluted Share (Non-GAAP)	New“$0.25 to $0.35”	—	—	—	—	—	—	—
Gross Profit (GAAP)	—	New“51.2% to 53.1%”	—	—	—	—	—	—
Gross Profit (GAAP)	New“56.2% to 58.1%”	—	—	—	—	—	—	—
Gross Profit (Non-GAAP)	—	New“52.0% to 54.0%”	—	—	—	—	—	—
Gross Profit (Non-GAAP)	New“57.0% to 59.0%”	—	—	—	—	—	—	—
Net Income (loss) (GAAP)	—	New“$(128.5) to $(79.4) million”	—	—	—	—	—	—
Net Income (loss) (GAAP)	New“($21.1) to $16.5 million”	—	—	—	—	—	—	—
Net Income (loss) (Non-GAAP)	—	New“$29.3 to $79.9 million”	—	—	—	—	—	—
Net Income (loss) (Non-GAAP)	New“$135.9 to $187.4 million”	—	—	—	—	—	—	—
Operating Income (GAAP)	New“4.8% to 9.1%”	—	—	—	—	—	—	—
Operating Income (loss) (GAAP)	—	New“(8.9)% to (2.9)%”	—	—	—	—	—	—
Operating Income (loss) (Non-GAAP)	—	New“11.5% to 16.3%”	—	—	—	—	—	—
Operating Income (Non-GAAP)	New“22.2% to 25.8%”	—	—	—	—	—	—	—
Assumed average Microchip stock price (for diluted share count)	—	—	—	New“between $65 and $75 per share”	—	—	—	—
Assumed average Microchip stock price (used for diluted share count in)	—	—	New“between $45 and $55 per share”	—	—	—	—	—
Assumed average stock price	—	New“between $55 and $65 per share”	—	—	Raised“between $60 and $70 per share”	—	—	—
Capital expenditures	New“about $150 million”	Lowered“about $135 million”	Lowered“between $20 million and $25 million”	—	Widened“between $15 million and $25 million”	—	—	—
Capital expenditures	—	—	—	New“between $35 million and $40 million”	—	—	—	—
Diluted Common Shares Outstanding (GAAP)	—	New“Approximately 538.4 million shares”	—	—	—	—	—	—
Diluted Common Shares Outstanding (GAAP)	New“Approximately 537.3 to 543.0 million shares”	—	—	—	—	—	—	—
Diluted Common Shares Outstanding (Non-GAAP)	—	New“Approximately 541.5 to 542.5 million shares”	—	—	—	—	—	—
Diluted Common Shares Outstanding (Non-GAAP)	New“Approximately 543.0 million shares”	—	—	—	—	—	—	—
Income Tax (Benefit) Provision (GAAP)	—	New“$(24.5) to $(19.8) million”	—	—	—	—	—	—
Income Tax (Benefit) Provision (Non-GAAP)	—	New“$5.0 to $13.6 million”	—	—	—	—	—	—
Income Tax Provision (GAAP)	New“$1.0 to $13.0 million”	—	—	—	—	—	—	—
Income Tax Provision (Non-GAAP)	New“$22.1 to $25.6 million”	—	—	—	—	—	—	—
Operating Expenses (GAAP)	—	New“56.1% to 60.0%”	—	—	—	—	—	—
Operating Expenses (GAAP)	New“49.1% to 51.4%”	—	—	—	—	—	—	—
Operating Expenses (Non-GAAP)	—	New“37.7% to 40.5%”	—	—	—	—	—	—
Operating Expenses (Non-GAAP)	New“33.2% to 34.8%”	—	—	—	—	—	—	—
Other Expense, net (GAAP)	—	New“$69.7 to $71.3 million”	—	—	—	—	—	—
Other Expense, net (GAAP)	New“$69.3 to $69.7 million”	—	—	—	—	—	—	—
Other Expense, net (Non-GAAP)	—	New“$69.5 to $71.5 million”	—	—	—	—	—	—
Other Expense, net (Non-GAAP)	New“$69.5 million”	—	—	—	—	—	—	—
Quarterly cash dividend	New“45.5 cents per share”	—	—	—	—	—	—	—
Quarterly cash dividend on 7.50% Series A Mandatory Convertible Preferred Stock	—	—	New“$16.875 per share (which represents $0.8438 per depositary share)”	Raised“$18.750 per share (which represents $0.9375 per depositary share)”	—	—	—	—
Quarterly dividend on Series A Mandatory Convertible Preferred Stock	—	—	—	—	New“$18.750 per share (which represents $0.9375 per depositary share)”	—	—	—
For FY2024
Capital expenditures	New“about $20 million”	—	—	—	—	—	—	—
No period stated
Net sales	—	—	—	—	—	—	New“$1.442 billion to $1.469 billion”	—
Net sales for the September quarter	—	—	—	—	—	—	—	New“up sequentially between 7% and 9%”
Net sales sequential growth	—	—	—	—	—	—	—	New“up sequentially between 7% and 9%”
Net sales year-over-year growth (at midpoint)	—	—	—	—	—	—	—	New“approximately 40.6%”
Non-GAAP earnings per share	—	—	—	—	—	—	New“approximately $0.67 to $0.71”	—
Non-GAAP gross margin	—	—	—	—	—	—	New“approximately 62.25% to 63.25%”	—
Non-GAAP operating profit	—	—	—	—	—	—	New“33.00% to 34.50%”	—
Non-GAAP operating expense	—	—	—	—	—	—	New“approximately 28.75% to 29.25%”	—
Quarterly cash dividend	—	—	—	—	—	—	New“45.5 cents per share”	—
Quarterly cash dividend on 7.50% Series A Mandatory Convertible Preferred Stock	—	—	New“$16.875 per share”	Raised“$18.750 per share”	—	—	Reiterated“$18.750 per share”	—
Quarterly cash dividend on Microchip's 7.50% Series A Mandatory Convertible Preferred Stock	—	—	—	—	—	—	—	New“$18.750 per share”
Quarterly dividend	New“45.5 cents per share”	—	Reiterated“45.5 cents per share”	Reiterated“45.5 cents per share”	—	—	—	—
Quarterly dividend declared	—	New“45.5 cents per share”	—	—	—	—	—	—
Quarterly dividend on common stock	—	—	—	—	New“45.5 cents per share”	—	—	Reiterated“45.5 cents per share”
Quarterly dividend on common stock declared for the June quarter	—	—	New“45.5 cents per share”	—	—	—	—	—

Values in quotation marks are the company’s words. Change labels compare each statement with the same metric and target year in the previous release. HighGravityData does not judge whether guidance was met.