The earnings call reflected a company in transition, showing promising signs of recovery and strategic realignment, particularly in inventory management and customer relationships. However, the financial performance still faces challenges with declining revenues and operating losses. The positive book-to-bill ratio and strategic market growth provide optimism for future quarters.

Company Guidance -

Q4 2025

During the Microchip Q4 and FY 2025 Financial Results Conference Call, the company provided guidance for the upcoming fiscal year 2026. They anticipate net sales for the June quarter to be around $1.045 billion, plus or minus $25 million, marking an increase from the previous quarter. The non-GAAP gross margin is expected to be between 52.2% and 54.2%, while non-GAAP operating expenses are projected to be between 33.4% and 34.8% of sales. Operating profit is anticipated to range from 17.4% to 20.8% of sales, with diluted earnings per share expected between $0.18 and $0.26. The company also highlighted their intention to continue reducing inventory, aiming to lower it by over $350 million by the end of fiscal year 2026, which will help improve cash flow. They also noted that the book-to-bill ratio in the March quarter was a healthy 1.07, indicating strong demand and a positive outlook for the future.

Effective Inventory Management

Inventory was reduced from 266 days in December 2024 to 251 days in March 2025. The goal is to reduce inventory by over $350 million by March 31, 2026.

Improvement in Customer Relationships

78% of previously deteriorated customer relationships have been restored to approved or preferred status, leaving only 2.6% requiring further effort.

Strong Financial Leverage

With a $74.5 million increase in net sales projected for the June quarter, 85% of it is expected to fall to the bottom line as non-GAAP operating profit.

Positive Book-to-Bill Ratio

The book-to-bill ratio was 1.07 in the March quarter, signaling strong future demand.

Strategic Product Developments

Investments in next-generation technologies like the Switchtec PCIe switches and ARM-based microprocessors are driving innovation in various markets.

Aerospace and Defense Market Growth

Aerospace and defense segment has grown to 17-18% of business, driven by increased defense spending globally.

Microchip (MCHP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MCHP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 05, 2025	2026 (Q1)	0.23 / -	0.53	―	―	―
May 08, 2025	2025 (Q4)	0.10 / 0.11	0.57	-80.70% (-0.46)
Feb 06, 2025	2025 (Q3)	0.28 / 0.20	1.08	-81.48% (-0.88)
Nov 05, 2024	2025 (Q2)	0.43 / 0.46	1.62	-71.60% (-1.16)
Aug 01, 2024	2025 (Q1)	0.52 / 0.53	1.64	-67.68% (-1.11)
May 06, 2024	2024 (Q4)	0.57 / 0.57	1.64	-65.24% (-1.07)
Feb 01, 2024	2024 (Q3)	1.04 / 1.08	1.56	-30.77% (-0.48)
Nov 02, 2023	2024 (Q2)	1.62 / 1.62	1.46	10.96% (+0.16)
Aug 03, 2023	2024 (Q1)	1.64 / 1.64	1.37	19.71% (+0.27)
May 04, 2023	2023 (Q4)	1.62 / 1.64	1.35	21.48% (+0.29)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MCHP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 08, 2025	$48.76	$54.90	+12.59%
Feb 06, 2025	$52.31	$51.11	-2.29%
Nov 05, 2024	$73.45	$72.14	-1.78%
Aug 01, 2024	$82.08	$73.38	-10.60%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Microchip (MCHP) report earnings?

Microchip (MCHP) is schdueled to report earning on Aug 05, 2025, After Close (Confirmed).

What is Microchip (MCHP) earnings time?

Microchip (MCHP) earnings time is at Aug 05, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MCHP EPS forecast?

MCHP EPS forecast for the fiscal quarter 2026 (Q1) is 0.23.

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