MCHP Q2 2023 Earnings — Microchip Technology Incorporated Revenue & Financial Results | Market Cap Arena

MCHPMicrochip Technology Incorporated

$36B

Q2 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$2.1B+25.7% YoY

Gross Profit

$1.4B67.4% margin

Operating Income

$755M36.4% margin

Net Income

$546M26.3% margin

EPS (Diluted)

$0.98

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

$793M

Free Cash Flow

$683M

Stock-Based Comp.

$41M

Balance Sheet

Total Assets

$16.1B

Total Liabilities

$10.0B

Stockholders' Equity

$6.1B

Cash & Equivalents

$305M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$1.6B	+25.7%
Gross Profit	$1.4B	$1.1B	+30.9%
Operating Income	$755M	$416M	+81.4%
Net Income	$546M	$242M	+125.7%

Revenue Segments

Semiconductor Products Member

$2.0B98%

Technology Licensing Member

$45M2%