Microchip Technology Incorporated · MCHP · Next earnings

Microchip Technology Incorporated reports Thursday, Nov 5, 2026

MCHP reports after market close with consensus EPS at $0.94 and revenue at $1.61B. Last quarter: Microchip beats guidance as data center drives Q2 FY2027 growth

Reports After market close1 day awayDate estimated Technology

What the street expects

Consensus for the coming report
Consensus EPS $0.94 Calendar consensus
Consensus revenue $1.61B Calendar consensus
Report date Nov 5, 2026 Thursday, date estimated
Session After market close 1 day away

Where MCHP left off: FY2027 Q1

Full report

Microchip beats guidance as data center drives Q2 FY2027 growth

EPS surprise +8.6% Reported $0.76 vs $0.70
Revenue surprise +1.8% Reported $1.48B vs $1.46B
Stock move +13.9% Event window
Subsequent drift -12.4% Up to 20 sessions

Management maintained its outlook, reaffirming an 8% sequential revenue rise and 66–67% non-GAAP gross-margin guidance for Q3.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Foundry and OSAT capacity constraints could extend lead times.
  • Input-cost inflation could pressure margins despite one-time pricing gains.
  • The company's overall debt level may limit financial flexibility.
  • Inventory normalization and the longevity of the current sales upturn remain uncertain.

Questions analysts left open

  • How long the current above-seasonal sales upturn can be sustained.
  • Whether the 66–67% gross-margin guidance is durable amid cost pressures.
  • The impact of inventory sell-through and distribution-channel dynamics on future sales.
  • Whether data-center growth reflects durable market-share gains.
  • Whether further price increases will be needed to offset costs.

Ask FN2 about MCHP next report

Transcript, numbers and history already loaded
What should I watch for in MCHP's next earnings report?How did MCHP guide last quarter, and is consensus above or below that?Give me the bull and bear case going into MCHP earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Get the MCHP recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Recent MCHP quarters

All MCHP earnings
+13.9%FY2027 Q1-2.6%FY2026 Q3-5.2%FY2026 Q2+2.2%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2027 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.