AI brief of an SEC Form 8-K · Microchip Technology (MCHP)
Microchip Technology Reports Q2 Fiscal 2027 Net Sales of $1.622 Billion
Microchip Technology reported net sales of $1.622 billion for the second quarter of fiscal year 2027, representing a 42.2% increase from the same period last year. GAAP net income attributable to common stockholders reached $373.6 million, or $0.68 per diluted share, while non-GAAP net income was $559.2 million, or $0.97 per diluted share.
Key points
- Net sales for the September 30, 2026 quarter were $1.622 billion, up 42.2% year-over-year and 9.2% sequentially.
- GAAP EPS was $0.68 and Non-GAAP EPS was $0.97 per diluted share for the quarter.
- The company returned approximately $247.6 million to common stockholders through dividends during the September quarter.
- December quarter net sales are projected to be down 3% to up 1% sequentially, with a midpoint of down 1%.
The filing
CompanyMicrochip Technology (MCHP)
Form8-K, current report
Filed with the SECNov 5, 2026, 4:18 PM ET
Accession number0000827054-26-000061
Written by AI on Nov 5, 2026, 5:17 PM ET, from this filing only.
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.