MCHP Q4 2023 Earnings — Microchip Technology Incorporated Revenue & Financial Results | Market Cap Arena

MCHPMicrochip Technology Incorporated

$36B

Q4 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$2.2B+21.1% YoY

Gross Profit

$1.5B68.0% margin

Operating Income

$848M38.0% margin

Net Income

$604M27.1% margin

EPS (Diluted)

$1.09

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$710M

Free Cash Flow

$597M

Stock-Based Comp.

$44M

Balance Sheet

Total Assets

$16.4B

Total Liabilities

$9.9B

Stockholders' Equity

$6.5B

Cash & Equivalents

$234M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$1.8B	+21.1%
Gross Profit	$1.5B	$1.2B	+24.5%
Operating Income	$848M	$550M	+54.3%
Net Income	$604M	$438M	+37.9%

Revenue Segments

Semiconductor Products Member

$2.2B98%

Technology Licensing Member

$34M2%