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AI English summary of an SEC filing — figures as filed

Microchip Technology logoMicrochip Technology MCHP

Microchip said net sales for Q2 of fiscal 2026 (the 3 months ended September 30, 2025) were $1.140 billion, up 6.0% sequentially and down 2.0% from the year-ago quarter.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary

  1. Microchip said net sales for Q2 of fiscal 2026 (the 3 months ended September 30, 2025) were $1.140 billion, up 6.0% sequentially and down 2.0% from the year-ago quarter.

  2. On a Non-GAAP basis for Q2, the company said operating income was $277.2 million (24.3% of net sales), net income was $199.1 million ($0.35 per diluted share), and prior-year Non-GAAP net income was $250.2 million ($0.46 per share).

  3. Microchip provided guidance for net sales in Q3 of fiscal 2026 of $1.109 billion to $1.149 billion, noting that December is historically the company's seasonally weakest quarter.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

Q2 Net Sales $1.140 billion, Up 6.0% Sequentially

Microchip said net sales for Q2 of fiscal 2026 (the 3 months ended September 30, 2025) were $1.140 billion, up 6.0% sequentially and down 2.0% from the year-ago quarter.

Source · Based on the filing body and exhibits

Non-GAAP Operating Income $277.2 million, Net Income $199.1 million

On a Non-GAAP basis for Q2, the company said operating income was $277.2 million (24.3% of net sales), net income was $199.1 million ($0.35 per diluted share), and prior-year Non-GAAP net income was $250.2 million ($0.46 per share).

Source · Based on the filing body and exhibits

Q3 Net Sales Guidance $1.109 billion to $1.149 billion

Microchip provided guidance for net sales in Q3 of fiscal 2026 of $1.109 billion to $1.149 billion, noting that December is historically the company's seasonally weakest quarter.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗
Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.