Microchip Tech (MCHP) Reports Strong Q4 and FY 2026 Results, Exceeding EPS Guidance

2 days ago 4

Maham Fatima

Sun, May 17, 2026 astatine 11:15 PM CDT 2 min read

Microchip Technology Inc. (NASDAQ:MCHP) is 1 of the best ample headdress stocks to bargain nether $100. On May 7, Microchip reported FQ4 2026 nett income of $1.311 billion, up 35.1% year-over-year, with GAAP EPS of $0.21 and non-GAAP EPS of $0.57, exceeding erstwhile guidance. For the afloat fiscal twelvemonth 2026, nett income roseate 7.1% to $4.713 billion, generating GAAP nett income of $118.8 cardinal ($0.22 per diluted share) and non-GAAP nett income of $933.9 cardinal ($1.64 per diluted share).

The institution successfully executed its betterment plan, returning $984.0 cardinal to shareholders done dividends and reducing inventory by $320.9 cardinal from its highest successful precocious 2024 to bring days of inventory down to 185 days. Driven by improving request conditions, normalizing lawsuit inventory, and plan wins successful information halfway and AI applications, mill utilization is being accrued to seizure increasing operating leverage.

Microchip Tech (MCHP) Reports Strong Q4 and FY 2026 Results, Exceeding EPS Guidance

For FQ1 2027, Microchip Technology Inc. (NASDAQ:MCHP) expects beardown momentum to continue, forecasting a nett income midpoint of $1.456 billion, which represents an 11% sequential increase. Q1 non-GAAP gross margins are projected betwixt 62.25% and 63.25%, with non-GAAP EPS expected to emergence to a scope of $0.67 to $0.71, portion full-year superior expenditures volition beryllium managed astatine ~$100 million.

Microchip Technology Inc. (NASDAQ:MCHP) provides smart, connected, and unafraid embedded power solutions. Its semiconductor products concern designs, develops, manufactures, and markets mixed-signal microcontrollers, improvement tools, analog and interface products, timing and connectivity devices, and representation products.

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