AI brief of an SEC Form 8-K · Microchip Technology (MCHP)

Microchip Q1 fiscal 2027 net sales rise 38% to $1.485 billion, above guidance

Positive Impact 4 of 5 earnings Written later

Microchip reported first-quarter fiscal 2027 results for the period ended June 30, 2026. Net sales of $1.485 billion were up 38.0% from a year earlier and above the midpoint of its May 7 guidance, and GAAP and non-GAAP EPS both exceeded the guided ranges. The company guided September-quarter net sales up 7% to 9% sequentially and declared a 45.5-cent common dividend.

Key points

  • Net sales $1.485 billion, up 38.0% year over year from $1.076 billion; guidance midpoint was $1.456 billion
  • GAAP EPS $0.37 per diluted share versus guidance of $0.28 to $0.29; non-GAAP EPS $0.76 versus guidance of $0.67 to $0.71
  • Net income attributable to common stockholders $202.0 million, compared with a loss of $46.4 million a year earlier
  • Quarterly common dividend of 45.5 cents per share declared, payable September 9, 2026 to holders of record August 24, 2026

The filing

CompanyMicrochip Technology (MCHP)
Form8-K, current report
Filed with the SECAug 6, 2026, 4:17 PM ET
Accession number0000827054-26-000037

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 August 06, 2026.

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.