Microchip Technology(MCHP) - 2026 Q1 - Earnings Call Presentation

Financial Performance - GAAP Revenue for Q1 FY2026 was $1,075.5 million, up 10.8% QoQ and down 13.4% YoY[18] - Gross Margin for Q1 FY2026 was 54.3%, an increase of approximately 240 basis points QoQ[18] - Operating Margin for Q1 FY2026 was 20.7%, an increase of approximately 670 basis points QoQ[18] - Adjusted Free Cash Flow was $244.4 million, representing 22.7% of net sales[18] - Adjusted TTM EBITDA was $1,166.8 million, or 27.5% of TTM sales[18] Capital Allocation - The company has paid approximately $4.4 billion in dividends[41] - The company has repurchased approximately $2.4 billion in shares[41] - The company has reduced debt by $7.3 billion over the last 28 quarters[41] - Total cash return in FY2025 was $1.07 billion[41] Company Overview - The company reported $4.4 billion in FY25 net sales[7]