Microchip Technology (MCHP) FY2025 results: revenue $4.4 billion, down 42.3% on the year
Microchip Technology Inc. (MCHP) reported revenue of $4.4 billion for fiscal 2025, the year ended 31 March 2025, down 42.3% on the year before. Net income was -$500,000, and diluted earnings per share $-0.01. The figures are the company's own, from the 10-K it filed with the SEC on 23 May 2025.
Revenue
$4.4 billion
-42.3% on the year
FY2018FY2025
Operating margin
6.7%
33.7% a year earlier
FY2018FY2025
Net income
-$500,000
FY2018FY2025
Diluted EPS
-$0.01
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
898
2,893
3,621
-69.0%
Capital expenditure
126
285
486
-55.8%
Free cash flow
772
2,608
3,135
-70.4%
Free cash flow margin
17.5%
34.2%
37.1%
Cash from investing
-288
-392
-600
Cash from financing
-158
-2,415
-3,105
Depreciation and amortisation
750
880
998
-14.7%
Share-based compensation
180
178
170
+1.6%
Buybacks
96.5
982
946
-90.2%
Dividends paid
976
912
695
+7.0%
Dividend per share
$1.82
$1.68
$1.26
+8.0%
Diluted shares, weighted
537m
548m
557m
-2.0%
Shares outstanding at period end
539m
537m
545m
+0.4%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
7,078
6,658
6,514
+6.3%
Debt
5,630
6,000
6,440
-6.2%
Operating lease liabilities
115
129
129
-10.6%
Other liabilities
2,551
3,087
3,288
-17.4%
Total liabilities and equity
15,375
15,873
16,370
-3.1%
Fixed assets
1,184
1,195
1,178
-0.9%
Goodwill
6,685
6,675
6,674
+0.1%
Intangible assets
2,389
2,782
3,369
-14.1%
Investments
n/a
n/a
0.0
Cash and equivalents
772
320
234
+141.4%
Receivables
690
1,144
1,305
-39.7%
Inventory
1,294
1,316
1,325
-1.7%
Other assets
2,362
2,442
2,286
-3.3%
Total assets
15,375
15,873
16,370
-3.1%
10-K for the year ended 31 March 2025, filed 23 May 2025: the filing.