Microchip Technology (MCHP) 10-K Summary — Year Ended Mar 31, 2025
Microchip Technology filed its annual 10-K for the most recent fiscal year. The filing reports a significant decline in revenue and near-breakeven net income.
Key takeaway
Year ended Mar 31, 2025 · FY2026 10-K
Microchip Technology filed its annual 10-K for the most recent fiscal year. The filing reports a significant decline in revenue and near-breakeven net income.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$4.4B
Revenue reported for the fiscal year.
Operating income
$296.3M
Income from operations reported for the year.
Net income
-$500K
Net income reported for the year.
Operating cash flow
$898.1M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2022 | $6.8B | n/a |
| Mar 31, 2023 | $8.4B | +23.7% |
| Mar 31, 2024 | $7.6B | -9.5% |
| Mar 31, 2025 | $4.4B | -42.3% |
Business overview
The filing includes a Business overview section (Item 1) that describes the company's operations. The specific content of that section is not included in the supplied data.
Financial performance
Revenue decreased significantly compared to the prior year. Operating income was positive, while net income was approximately breakeven. Operating cash flow remained positive.
Material risks
The filing contains a Risk Factors section (Item 1A) that discusses material risks. The specific risks are not detailed in the supplied data.
Liquidity and capital
The filing discusses liquidity and capital resources, and the company generated positive operating cash flow during the period.
What to watch
Monitor revenue trends in the next filing, given the recent significant decline.