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 operating margin
Operating margin is operating income as a percentage of revenue.
Microchip Technology's operating margin for the twelve months ending Sep 30, 2026 was 20.9%. For fiscal 2026 it was 10.4%, against 6.7% the year before. The highest annual figure on record is 36.9% in fiscal 2023.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Mar 31, 2026 | 10.4% | +3.7 |
| FY2025 | Mar 31, 2025 | 6.7% | −26.9 |
| FY2024 | Mar 31, 2024 | 33.7% | −3.2 |
| FY2023 | Mar 31, 2023 | 36.9% | +9.8 |
| FY2022 | Mar 31, 2022 | 27.1% | +8.8 |
| FY2021 | Mar 31, 2021 | 18.4% | +6.1 |
| FY2020 | Mar 31, 2020 | 12.3% | −1.1 |
| FY2019 | Mar 31, 2019 | 13.4% | −10.2 |
| FY2018 | Mar 31, 2018 | 23.5% | +15.4 |
| FY2017 | Mar 31, 2017 | 8.1% | −8.1 |
| FY2016 | Mar 31, 2016 | 16.2% | −3.6 |
| FY2015 | Mar 31, 2015 | 19.8% | −3.9 |
| FY2014 | Mar 31, 2014 | 23.8% | +12.5 |
| FY2013 | Mar 31, 2013 | 11.3% | −17.4 |
| FY2012 | Mar 31, 2012 | 28.7% | −3.2 |
| FY2011 | Mar 31, 2011 | 31.9% | +6.0 |
| FY2010 | Mar 31, 2010 | 25.8% | +0.0 |
| FY2009 | Mar 31, 2009 | 25.8% | −3.3 |
| FY2008 | Mar 31, 2008 | 29.1% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2027CQ3 2026 | Sep 30, 2026 | 28.6% | +20.9 |
| Q1 FY2027CQ2 2026 | Jun 30, 2026 | 22.7% | +19.7 |
| Q4 FY2026CQ1 2026 | Mar 31, 2026 | 16.6% | +26.9 |
| Q3 FY2026CQ4 2025 | Dec 31, 2025 | 12.8% | +9.8 |
| Q2 FY2026CQ3 2025 | Sep 30, 2025 | 7.8% | −4.8 |
| Q1 FY2026CQ2 2025 | Jun 30, 2025 | 3.0% | −14.7 |
| Q4 FY2025CQ1 2025 | Mar 31, 2025 | -10.3% | −29.5 |
| Q3 FY2025CQ4 2024 | Dec 31, 2024 | 3.0% | −27.0 |
| Q2 FY2025CQ3 2024 | Sep 30, 2024 | 12.6% | −26.7 |
| Q1 FY2025CQ2 2024 | Jun 30, 2024 | 17.7% | −21.8 |
| Q4 FY2024CQ1 2024 | Mar 31, 2024 | 19.1% | −18.9 |
| Q3 FY2024CQ4 2023 | Dec 31, 2023 | 30.0% | −7.4 |
| Q2 FY2024CQ3 2023 | Sep 30, 2023 | 39.3% | +2.8 |
| Q1 FY2024CQ2 2023 | Jun 30, 2023 | 39.5% | +3.7 |
| Q4 FY2023CQ1 2023 | Mar 31, 2023 | 38.0% | +8.2 |
| Q3 FY2023CQ4 2022 | Dec 31, 2022 | 37.4% | +8.1 |
| Q2 FY2023CQ3 2022 | Sep 30, 2022 | 36.4% | +11.2 |
| Q1 FY2023CQ2 2022 | Jun 30, 2022 | 35.7% | +12.2 |
| Q4 FY2022CQ1 2022 | Mar 31, 2022 | 29.8% | +8.8 |
| Q3 FY2022CQ4 2021 | Dec 31, 2021 | 29.3% | +11.1 |
| Q2 FY2022CQ3 2021 | Sep 30, 2021 | 25.2% | +8.0 |
| Q1 FY2022CQ2 2021 | Jun 30, 2021 | 23.5% | +6.8 |
| Q4 FY2021CQ1 2021 | Mar 31, 2021 | 21.0% | +8.9 |
| Q3 FY2021CQ4 2020 | Dec 31, 2020 | 18.2% | +8.0 |
| Q2 FY2021CQ3 2020 | Sep 30, 2020 | 17.3% | +3.5 |
| Q1 FY2021CQ2 2020 | Jun 30, 2020 | 16.7% | +3.7 |
| Q4 FY2020CQ1 2020 | Mar 31, 2020 | 12.1% | −9.3 |
| Q3 FY2020CQ4 2019 | Dec 31, 2019 | 10.2% | −4.0 |
| Q2 FY2020CQ3 2019 | Sep 30, 2019 | 13.7% | +6.6 |
| Q1 FY2020CQ2 2019 | Jun 30, 2019 | 13.0% | +2.1 |
| Q4 FY2019CQ1 2019 | Mar 31, 2019 | 21.4% | −3.0 |
| Q3 FY2019CQ4 2018 | Dec 31, 2018 | 14.2% | −10.5 |
| Q2 FY2019CQ3 2018 | Sep 30, 2018 | 7.2% | −15.1 |
| Q1 FY2019CQ2 2018 | Jun 30, 2018 | 10.9% | −11.9 |
| Q4 FY2018CQ1 2018 | Mar 31, 2018 | 24.4% | +7.3 |
| Q3 FY2018CQ4 2017 | Dec 31, 2017 | 24.7% | +10.5 |
| Q2 FY2018CQ3 2017 | Sep 30, 2017 | 22.3% | – |
| Q1 FY2018CQ2 2017 | Jun 30, 2017 | 22.8% | – |
| Q4 FY2017CQ1 2017 | Mar 31, 2017 | 17.1% | – |
| Q3 FY2017CQ4 2016 | Dec 31, 2016 | 14.2% | – |
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