Microchip Q2 sales $1.140 billion, up 6% sequentially but down 2% year over year
Microchip reported second-quarter fiscal 2026 net sales of $1.140 billion, up 6% from the prior quarter and above the $1.130 billion guidance midpoint, but down 2% from a year earlier. GAAP net income attributable to common stockholders fell to $13.9 million from $78.4 million, and the company guided third-quarter net sales to a midpoint of $1.129 billion, slightly below the second quarter.
Key points
- Net sales of $1.140 billion, versus $1.164 billion in the year-ago quarter and a guidance midpoint of $1.130 billion.
- GAAP diluted EPS of $0.03 versus $0.14 a year earlier; non-GAAP diluted EPS of $0.35 versus $0.46.
- Third-quarter fiscal 2026 net sales guidance of $1.109 billion to $1.149 billion; GAAP diluted EPS guidance of $(0.02) to $0.02.
- Quarterly dividend of 45.5 cents per share declared, payable December 9, 2025 to holders of record on November 24, 2025.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.