Microchip FY27 Q1 GAAP EPS swings to USD 0.37; net sales rise 38% year over year to USD 1.49 billion

Reuters2026/08/06 21:16

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Microchip posted Q1 fiscal 2027 net sales of $1.49 billion, up 38% year over year and 13.2% sequentially.
GAAP net income attributable to common stockholders returned to profit at $202 million, or $0.37 per diluted share.
Non-GAAP net income rose to $438.6 million, or $0.76 per diluted share; non-GAAP operating margin expanded to 35.1%.
Inventory days fell to 175 from 185 sequentially; PCIe Gen6 connectivity design wins more than doubled sequentially to 12 programs.
For Q2, net sales are forecast at $1.59 billion to $1.62 billion; GAAP EPS is seen at $0.53 to $0.54.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Microchip Technology Incorporated published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608061615PRIMZONEFULLFEED9805579) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Microchip FY27 Q1 GAAP EPS swings to USD 0.37; net sales rise 38% year over year to USD 1.49 billion

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