Microchip Technology Incorporated FY 2026 10-K, explained in plain English
Key financials — as reported
| Total revenue | $4.7B |
| Gross margin | 57.7% |
| Operating income | $490.1M |
| Net income | $230.0M |
| Diluted EPS | $0.22 |
| Cash & equivalents | $240.3M |
| Total assets | $14.4B |
| Long-term debt | $5.5B |
Key takeaway
Fiscal 2026 revenue reached $4.71 billion with a 57.7% gross margin, but net income of only $230.0 million shows heavy cost pressure below the gross-profit line.
🔒 4 more takeaways in the full analysis
Beneath the surface
Dividends paid ($984.0 million) were more than 4x net income ($230.0 million), suggesting the payout is funded by cash/debt rather than current earnings, an unsustainable pattern if profits don't recover.
🔒 4 more insights a headline reader would miss
This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for MCHP.
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