Microchip Technology Inc reports results for the quarter ended June 30 - Earnings Summary

Microchip Technology

06/08/2026 23:41

Microchip Technology Inc MCHP.OQ reported quarterly adjusted earnings of 76 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 27 cents.  The mean expectation of twenty two analysts for the quarter was for earnings of 69 cents per share. Wall Street expected results to range from 56 cents to 76 cents per share.
Revenue rose 38% to $1.48 billion from a year ago; analysts expected $1.46 billion. 
Microchip Technology Inc's reported EPS for the quarter was 37 cents​.
The company reported quarterly net income of $202 million.
Microchip Technology Inc shares had fallen by 14.7% this quarter and gained 22.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 9.3% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy" 
Wall Street's median 12-month price target for Microchip Technology Inc is $117.00, about 33.5% above its last closing price of $77.79
This summary was machine generated from LSEG data August 6 at 10:41 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.69
0.76
Beat
Mar. 31 2026 
0.51
0.57
Beat
Dec. 31 2025 
0.41
0.44
Beat
Sep. 30 2025 
0.33
0.35
Beat