Microchip Technology said gross profit for the 3 months ended September 30, 2025 was $637.9 million, or 55.9% of net sales, compared to $668.5 million, or 57.4% of net sales, for the same period in the prior year.

10-QQuarterly reportFiled Nov 6, 2025Period of report Sep 30, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

Microchip Technology said gross profit for the 3 months ended September 30, 2025 was $637.9 million, or 55.9% of net sales, compared to $668.5 million, or 57.4% of net sales, for the same period in the prior year.
The company said net sales of mixed-signal microcontroller products decreased 1.7% in the 3 months ended September 30, 2025 compared to the same period in the prior year, analog product line net sales increased 10.1%, and other product line net sales decreased 15.4%.
Microchip Technology said net cash provided by operating activities for the 6 months ended September 30, 2025 was $363.7 million, and net cash used in financing activities was $799.7 million. Cash and cash equivalents as of September 30, 2025 were $236.8 million, a decrease of $534.9 million from March 31, 2025.
Microchip Technology said it reached a settlement with the IRS on fiscal 2007 through 2015 matters on September 2025. The company explained that if the Malaysian Inland Revenue Board's fiscal 2020 adjustment is upheld by Malaysia's highest court of jurisdiction, income taxes and penalties could reach $410.0 million.

Key figures

Quarter ended September 30, 2025

Revenue: $1.1B
Operating income: $89M
Net income: $42M
EPS: $0.03
Gross profit: $638M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Quarterly Gross Margin 55.9%

Microchip Technology said gross profit for the 3 months ended September 30, 2025 was $637.9 million, or 55.9% of net sales, compared to $668.5 million, or 57.4% of net sales, for the same period in the prior year.

Source · Based on the MD&A text of the filing

Net Sales Changes by Product Line

The company said net sales of mixed-signal microcontroller products decreased 1.7% in the 3 months ended September 30, 2025 compared to the same period in the prior year, analog product line net sales increased 10.1%, and other product line net sales decreased 15.4%.

Source · Based on the MD&A text of the filing

6-Month Cash Flow and Cash Balance

Microchip Technology said net cash provided by operating activities for the 6 months ended September 30, 2025 was $363.7 million, and net cash used in financing activities was $799.7 million. Cash and cash equivalents as of September 30, 2025 were $236.8 million, a decrease of $534.9 million from March 31, 2025.

Source · Based on the MD&A text of the filing

Malaysian IRB and IRS Tax Disputes

Microchip Technology said it reached a settlement with the IRS on fiscal 2007 through 2015 matters on September 2025. The company explained that if the Malaysian Inland Revenue Board's fiscal 2020 adjustment is upheld by Malaysia's highest court of jurisdiction, income taxes and penalties could reach $410.0 million.

Source · Based on the MD&A text of the filing

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 ↗

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