Microchip Technology (MCHP) Revenue — Quarter Ended Dec 31, 2024
Revenue declined in the current quarter compared to both the prior quarter and the same quarter a year earlier. The filing context notes a weak macroeconomic environment and a decision to close a wafer fabrication facility.
Key takeaway
Quarter ended Dec 31, 2024 · FY2025 Q3
Revenue declined in the current quarter compared to both the prior quarter and the same quarter a year earlier. The filing context notes a weak macroeconomic environment and a decision to close a wafer fabrication facility.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1B
Revenue reported for this quarter.
Quarter-over-quarter
-11.8%
Change from the immediately preceding quarter.
Year-over-year
-41.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $1.3B | -40.6% |
| Jun 30, 2024 | $1.2B | -45.8% |
| Sep 30, 2024 | $1.2B | -48.4% |
| Dec 31, 2024 | $1B | -41.9% |
Revenue performance
Reported revenue decreased from the immediately preceding quarter, continuing a downward trend observed over recent periods.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was substantially lower. The decline from the prior quarter was also significant, reflecting persistent headwinds.
What to watch
Monitor the impact of the planned wafer fabrication facility closure on future inventory levels and cost structure.