MCHP Q1 2023 Earnings — Microchip Technology Incorporated Revenue & Financial Results | Market Cap Arena

MCHPMicrochip Technology Incorporated

$36B

Q1 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$2.0B+25.1% YoY

Gross Profit

$1.3B66.7% margin

Operating Income

$701M35.7% margin

Net Income

$507M25.8% margin

EPS (Diluted)

$0.90

QoQ Revenue Growth

+6.5%

Cash Flow

Operating Cash Flow

$840M

Free Cash Flow

$719M

Stock-Based Comp.

$41M

Balance Sheet

Total Assets

$16.2B

Total Liabilities

$10.2B

Stockholders' Equity

$6.0B

Cash & Equivalents

$377M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.6B	+25.1%
Gross Profit	$1.3B	$1.0B	+30.0%
Operating Income	$701M	$369M	+90.2%
Net Income	$507M	$253M	+100.6%

Revenue Segments

Semiconductor Products Member

$1.9B98%

Technology Licensing Member

$38M2%