Microchip Technology Inc (MCHP) stock
MCHPNasdaqSemiconductors & Related DevicesFiscal year ends March 31Also trades as MCHPP
Financials through Q2 FY2027, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 13/3040% above fair value
$61.68−0.40 (-0.64%)
Close on Nov 13, 2026Market cap $33.49BP/E 46.7Yield 2.95%
Microchip Technology gross margin
Gross margin is gross profit as a percentage of revenue.
Microchip Technology's gross margin for the twelve months ending Sep 30, 2026 was 62.7%. For fiscal 2026 it was 57.7%, against 56.1% the year before. The highest annual figure on record is 67.5% in fiscal 2023.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Mar 31, 2026 | 57.7% | +1.7 |
| FY2025 | Mar 31, 2025 | 56.1% | −9.4 |
| FY2024 | Mar 31, 2024 | 65.4% | −2.1 |
| FY2023 | Mar 31, 2023 | 67.5% | +2.3 |
| FY2022 | Mar 31, 2022 | 65.2% | +3.1 |
| FY2021 | Mar 31, 2021 | 62.1% | +0.7 |
| FY2020 | Mar 31, 2020 | 61.5% | +6.7 |
| FY2019 | Mar 31, 2019 | 54.8% | −6.0 |
| FY2018 | Mar 31, 2018 | 60.8% | +9.2 |
| FY2017 | Mar 31, 2017 | 51.6% | −3.9 |
| FY2016 | Mar 31, 2016 | 55.5% | −1.8 |
| FY2015 | Mar 31, 2015 | 57.3% | −1.2 |
| FY2014 | Mar 31, 2014 | 58.4% | +5.4 |
| FY2013 | Mar 31, 2013 | 53.0% | −4.8 |
| FY2012 | Mar 31, 2012 | 57.8% | −1.5 |
| FY2011 | Mar 31, 2011 | 59.3% | +2.9 |
| FY2010 | Mar 31, 2010 | 56.4% | −0.8 |
| FY2009 | Mar 31, 2009 | 57.2% | −3.2 |
| FY2008 | Mar 31, 2008 | 60.3% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2027CQ3 2026 | Sep 30, 2026 | 65.9% | +9.9 |
| Q1 FY2027CQ2 2026 | Jun 30, 2026 | 63.2% | +9.6 |
| Q4 FY2026CQ1 2026 | Mar 31, 2026 | 61.0% | +9.3 |
| Q3 FY2026CQ4 2025 | Dec 31, 2025 | 59.6% | +4.9 |
| Q2 FY2026CQ3 2025 | Sep 30, 2025 | 55.9% | −1.5 |
| Q1 FY2026CQ2 2025 | Jun 30, 2025 | 53.6% | −5.7 |
| Q4 FY2025CQ1 2025 | Mar 31, 2025 | 51.6% | −7.9 |
| Q3 FY2025CQ4 2024 | Dec 31, 2024 | 54.7% | −8.7 |
| Q2 FY2025CQ3 2024 | Sep 30, 2024 | 57.4% | −10.3 |
| Q1 FY2025CQ2 2024 | Jun 30, 2024 | 59.4% | −8.7 |
| Q4 FY2024CQ1 2024 | Mar 31, 2024 | 59.6% | −8.5 |
| Q3 FY2024CQ4 2023 | Dec 31, 2023 | 63.4% | −4.4 |
| Q2 FY2024CQ3 2023 | Sep 30, 2023 | 67.8% | +0.3 |
| Q1 FY2024CQ2 2023 | Jun 30, 2023 | 68.1% | +1.4 |
| Q4 FY2023CQ1 2023 | Mar 31, 2023 | 68.0% | +1.9 |
| Q3 FY2023CQ4 2022 | Dec 31, 2022 | 67.8% | +2.2 |
| Q2 FY2023CQ3 2022 | Sep 30, 2022 | 67.4% | +2.7 |
| Q1 FY2023CQ2 2022 | Jun 30, 2022 | 66.7% | +2.5 |
| Q4 FY2022CQ1 2022 | Mar 31, 2022 | 66.2% | +3.0 |
| Q3 FY2022CQ4 2021 | Dec 31, 2021 | 65.6% | +3.1 |
| Q2 FY2022CQ3 2021 | Sep 30, 2021 | 64.8% | +3.1 |
| Q1 FY2022CQ2 2021 | Jun 30, 2021 | 64.2% | +3.2 |
| Q4 FY2021CQ1 2021 | Mar 31, 2021 | 63.2% | +1.8 |
| Q3 FY2021CQ4 2020 | Dec 31, 2020 | 62.6% | +1.5 |
| Q2 FY2021CQ3 2020 | Sep 30, 2020 | 61.7% | −0.2 |
| Q1 FY2021CQ2 2020 | Jun 30, 2020 | 61.0% | −0.7 |
| Q4 FY2020CQ1 2020 | Mar 31, 2020 | 61.4% | −0.3 |
| Q3 FY2020CQ4 2019 | Dec 31, 2019 | 61.0% | +4.3 |
| Q2 FY2020CQ3 2019 | Sep 30, 2019 | 61.9% | +13.7 |
| Q1 FY2020CQ2 2019 | Jun 30, 2019 | 61.6% | +8.7 |
| Q4 FY2019CQ1 2019 | Mar 31, 2019 | 61.7% | +0.3 |
| Q3 FY2019CQ4 2018 | Dec 31, 2018 | 56.7% | −4.4 |
| Q2 FY2019CQ3 2018 | Sep 30, 2018 | 48.1% | −12.6 |
| Q1 FY2019CQ2 2018 | Jun 30, 2018 | 52.9% | −7.2 |
| Q4 FY2018CQ1 2018 | Mar 31, 2018 | 61.4% | +2.3 |
| Q3 FY2018CQ4 2017 | Dec 31, 2017 | 61.1% | +5.3 |
| Q2 FY2018CQ3 2017 | Sep 30, 2017 | 60.7% | – |
| Q1 FY2018CQ2 2017 | Jun 30, 2017 | 60.1% | – |
| Q4 FY2017CQ1 2017 | Mar 31, 2017 | 59.0% | – |
| Q3 FY2017CQ4 2016 | Dec 31, 2016 | 55.8% | – |
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