MCHP Q1 FY2027 earnings: EPS beat by 8.6%, revenue beat by 1.8%
MICROCHIP TECHNOLOGY INC reported Q1 FY2027. EPS came in at $0.76 against a $0.70 consensus, beat by 8.6%. Revenue was $1.5B versus $1.5B expected, beat by 1.8%. Gross margin was 63.2%, up 220 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $0.76 | $0.70 | beat by 8.6% |
| Revenue | $1.5B | $1.5B | beat by 1.8% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $1.5B | +13.2% | +38.0% |
| Gross profit | $938.9M | +17.4% | +62.8% |
| Operating income | $336.8M | +59.5% | +949.2% |
| Net income | $202.0M | +40.1% | +1186.0% |
| Diluted EPS | $0.00 | -100.0% | +100.0% |
| Gross margin: 63.2%. |
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The trend
Revenue is up 38.0% from the same quarter last year. Gross margin sits at 63.2%, a new high for the period charted.
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How it stacks up
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