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Here's What Key Metrics Tell Us About Microchip Tech (MCHP) Q2 Earnings

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For the quarter ended September 2026, Microchip Technology (MCHP - Free Report) reported revenue of $1.62 billion, up 42.2% over the same period last year. EPS came in at $0.97, compared to $0.35 in the year-ago quarter.

The reported revenue represents a surprise of +0.83% over the Zacks Consensus Estimate of $1.61 billion. With the consensus EPS estimate being $0.94, the EPS surprise was +3.19%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Microchip Tech performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Net Sales- Mixed-signal Microcontrollers: $774.4 million versus $809.53 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +32.5% change.
  • Net Sales- Other: $388.1 million versus the five-analyst average estimate of $353.95 million. The reported number represents a year-over-year change of +65.6%.
  • Net Sales- Analog: $459 million versus the five-analyst average estimate of $440.95 million. The reported number represents a year-over-year change of +42.8%.

View all Key Company Metrics for Microchip Tech here>>>

Shares of Microchip Tech have returned -3.4% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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