← MICROCHIP TECHNOLOGY INC
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.4b | $4.0b | $5.3b | $5.3b | $5.4b | $6.8b | $8.4b | $7.6b | $4.4b | $4.7b | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $5.3b | — | — | — | — | — | — | — | |
| Cost of Revenue | $1.7b | $1.6b | $2.4b | $2.0b | $2.1b | $2.4b | $2.7b | $2.6b | $1.9b | $2.0b | |
| Gross Profit | $1.8b | $2.4b | $2.9b | $3.2b | $3.4b | $4.4b | $5.7b | $5.0b | $2.5b | $2.7b | |
| Operating Expenses | $1.5b | $1.5b | $2.2b | $2.6b | $2.4b | $2.6b | $2.6b | $2.4b | $2.2b | $2.2b | |
| Operating Income (Loss) | $275.8m | $936.3m | $714.3m | $647.1m | $998.1m | $1.8b | $3.1b | $2.6b | $296.3m | $490.1m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $346.3m | $492.2m | $695.8m | $1.0b | $992.7m | $934.4m | $753.7m | $689.1m | $584.3m | $534.3m | |
| Debt and Equity Securities, Gain (Loss) | — | — | — | $2.5m | $200k | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $1.0m | $9.3m | $1.7m | — | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | $0 | $0 | — | ($15.7m) | ($200k) | ($12.5m) | — | — | ($1.0m) | ($2.1m) | |
| Goodwill, Impairment Loss | — | — | $0 | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($279.3m) | ($127.3m) | ($593.4m) | ($485.2m) | ($301.7m) | $132.2m | $674.7m | $555.5m | ($131.5m) | ($33.8m) | |
| Income (Loss) from Continuing Operations, Per Basic Share | $1 | $1 | $2 | $1 | $1 | $1 | $1 | $2 | $2 | $2 | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $1 | $1 | $1 | $2 | $1 | $2 | $4 | $3 | ($0) | $0 | |
| Income (Loss) from Equity Method Investments | ($222k) | ($200k) | ($200k) | $0 | $0 | — | — | — | — | — | |
| Preferred Stock Dividends, Income Statement Impact | — | — | — | — | — | — | $0 | $0 | $2.2m | $111.2m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $89.8m | $737.3m | $204.5m | $150.4m | $339.5m | $1.5b | $2.9b | $2.4b | $38.9m | $273.5m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $170.6m | $255.4m | $355.9m | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $170.6m | $255.4m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($6.0m) | $0 | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | $0 | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Parent | $164.6m | $255.4m | $355.9m | $570.6m | $349.4m | $1.3b | $2.2b | $1.9b | ($500k) | $230.0m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $164.6m | $255.4m | $355.9m | $570.6m | $349.4m | $1.3b | $2.2b | $1.9b | ($2.7m) | $118.8m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | $0 | — | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | $0.38 | $0.55 | $0.76 | $1.20 | $1.35 | $2.33 | $4.07 | $3.52 | ($0.01) | $0.22 | |
| Earnings Per Share, Diluted | $0.35 | $0.52 | $0.71 | $1.11 | $1.29 | $2.27 | $4.02 | $3.48 | ($0.01) | $0.22 | |
| Common Stock, Dividends, Per Share, Declared | $0.72 | $0.72 | $0.73 | $0.73 | $1.49 | $0.91 | $1.26 | $1.68 | $1.82 | $1.82 | |
| Weighted Average Number of Shares Outstanding, Basic | 434.4m | 465.8m | 472.4m | 477.8m | 259.6m | 552.3m | 550.4m | 542.0m | 537.3m | 540.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | 469.6m | 497.8m | 499.8m | 512.4m | 270.6m | 565.9m | 557.3m | 548.0m | 537.3m | 545.2m | |
| Research and Development Expense | $545.3m | $529.3m | $826.3m | $877.8m | $836.4m | $989.1m | $1.1b | $1.1b | $983.8m | $1.1b | |
| Selling, General and Administrative Expense | $499.8m | $452.1m | $682.9m | $676.6m | $610.3m | $718.9m | $797.7m | $734.2m | $617.7m | $674.3m | |
| Other Nonoperating Income (Expense) | $1.3m | ($5.8m) | ($2.2m) | $3.2m | ($3.8m) | $2.8m | $3.8m | ($2.2m) | ($5.7m) | ($6.7m) | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $259.2m | $221.3m | |
| Current Income Tax Expense (Benefit) | $46.1m | $430.7m | ($89.2m) | $70.1m | $129.0m | $189.1m | $466.5m | $486.2m | $182.7m | $108.1m | |
| Interest Expense | $146.3m | $199.0m | $502.9m | $497.3m | $356.9m | $257.0m | $203.9m | $198.3m | $259.2m | $221.3m | |
| Income Tax Expense (Benefit) | ($80.8m) | $481.9m | ($151.4m) | ($420.2m) | ($9.9m) | $197.0m | $672.0m | $459.0m | $39.4m | $43.5m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ($511k) | $0 | $0 | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.