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Microchip (MCHP)
NASDAQ:MCHP
US Market
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Microchip (MCHP) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Jan 29, 2026
After Close (Confirmed)
Period Ending
2026 (Q3)
Consensus EPS Forecast
0.37
Last Year’s EPS
0.2
Same Quarter Last Year
Moderate Buy
Based on 16 Analysts Ratings

Earnings Call Summary

Q2 2026
Earnings Call Date:Nov 06, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment with strong growth in certain segments like data center and strategic advancements in high-performance products. However, there are ongoing challenges with inventory management, underutilization charges, and a seasonally weak December quarter. The company is focusing on operational discipline and strategic growth in advanced technologies.
Company Guidance
During the call, Microchip provided guidance for the third quarter of fiscal year 2026, indicating expected net sales of $1.129 billion, plus or minus $20 million, which is a 1% sequential decline. The company anticipates non-GAAP gross margins to be between 57.2% and 59.2%, with non-GAAP operating expenses projected to be between 32.3% and 32.7% of sales. Non-GAAP operating profit is expected to range from 24.5% to 26.9% of sales, and non-GAAP diluted earnings per share are forecasted to be between $0.34 and $0.40. Despite the seasonally challenging quarter, Microchip expects to see strong profit performance with an increase in non-GAAP operating profit by over $13 million sequentially at the midpoint of guidance. Looking ahead, the company anticipates strong quarters for March, June, and September 2026, driven by inventory corrections and favorable market conditions.
Sequential Sales Growth
6% sequential sales growth, with net sales up in Americas and Asia and flat in Europe. MCU business grew 9.7% sequentially, and the analog business increased 1.7% sequentially.
Data Center Segment Rebound
Strong sales growth in Gen 4 and Gen 5 data center products. Announcement of industry's first 3-nanometer-based PCIe Gen 6 switch for AI infrastructure.
Gross Margin Improvement
Non-GAAP gross margin up 236 basis points sequentially, with an incremental non-GAAP gross margin of 95% sequentially.
Inventory Reduction
Inventory reduced by $73.8 million sequentially, with a calendar year-to-date reduction of $261 million.
Operational Discipline
Non-GAAP operating profit projected to increase by over $13 million sequentially despite a challenging December quarter.
Long-term Strategic Focus
Strategic shift towards advanced nodes and high-performance products, including a new AI business unit and enhancements in FPGA products.

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

MCHP Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jan 29, 2026
2026 (Q3)
0.37 / -
0.2
Nov 06, 2025
2026 (Q2)
0.34 / 0.35
0.46-23.91% (-0.11)
Aug 07, 2025
2026 (Q1)
0.24 / 0.27
0.53-49.06% (-0.26)
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
1.4610.96% (+0.16)
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
Nov 06, 2025
$58.82$55.78-5.17%
Aug 07, 2025
$65.18$60.89-6.58%
May 08, 2025
$47.99$54.04+12.61%
Feb 06, 2025
$51.48$50.30-2.29%
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 Jan 29, 2026, After Close (Confirmed).
    What is Microchip (MCHP) earnings time?
    Microchip (MCHP) earnings time is at Jan 29, 2026, 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 (Q3) is 0.37.
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