MCHP Q3 2023 Earnings — Microchip Technology Incorporated Revenue & Financial Results | Market Cap Arena

MCHPMicrochip Technology Incorporated

$36B

Q3 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$2.2B+23.4% YoY

Gross Profit

$1.5B67.8% margin

Operating Income

$812M37.4% margin

Net Income

$580M26.8% margin

EPS (Diluted)

$1.04

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.1B

Stock-Based Comp.

$44M

Balance Sheet

Total Assets

$16.1B

Total Liabilities

$9.8B

Stockholders' Equity

$6.3B

Cash & Equivalents

$289M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$1.8B	+23.4%
Gross Profit	$1.5B	$1.2B	+27.5%
Operating Income	$812M	$515M	+57.6%
Net Income	$580M	$353M	+64.5%

Revenue Segments

Semiconductor Products Member

$2.1B98%

Technology Licensing Member

$44M2%