Microchip Technology Incorporated stock research
FY2026 Q4
Microchip Technology (MCHP) Gross Margin & Quarterly History
Explore Microchip Technology Incorporated (MCHP) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q4
Revenue increased compared to both the prior quarter and the same quarter last year. Gross profit grew at a faster pace than revenue, leading to an improvement in gross margin.
- The primary observable driver of the margin improvement was the faster growth of gross profit relative to revenue.
- Compared to the immediately preceding quarter, gross margin was higher. Compared to the same quarter one year earlier, gross margin was also higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
61.0%
Gross profit
$799.6M
Revenue
$1.3B
Cost of revenue
$511.6M
Quarter-over-quarter change
+1.4 pts
Year-over-year change
+9.3 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2025 | $1.1B | $576.7M | $498.8M | 53.6% |
| Sep 30, 2025 | $1.1B | $637.9M | $502.5M | 55.9% |
| Dec 31, 2025 | $1.2B | $706.9M | $479.1M | 59.6% |
| Mar 31, 2026 | $1.3B | $799.6M | $511.6M | 61.0% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
+1.4 pts
Year-over-year change
Mar 31, 2025
+9.3 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The primary observable driver of the margin improvement was the faster growth of gross profit relative to revenue.
Compared to the immediately preceding quarter, gross margin was higher. Compared to the same quarter one year earlier, gross margin was also higher.
Monitor the relationship between cost of revenue and revenue in future quarters.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Microchip Technology Incorporated (MCHP) | 61.0% |