Microchip Technology

Returned approximately $245.5 million to common stockholders in the June quarter through dividends.

SEC original ↗Microchip Technology — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Quarterly dividend on common stock declared for the September quarter of 45.5 cents per share.

SEC original ↗Microchip Technology — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Three Months Ended June 30, 2025 (1) Net sales $1,075.5 GAAP % Non-GAAP (2) % Gross profit $576.7 53.6% $584.4 54.3% Operating income $32.1 3.0% $222.3 20.7% Other expense $(47.9) $(47.9) Income tax provision $2.8 $19.7 Net (loss) income $(18.6) $154.7 Dividends on Series A Preferred Stock $(27.8) Net (loss) income attributable to common stockholders $(46.4) (4.3)% $154.7 14.4% Diluted net (loss) income per common share $(0.09) $0.27 (1) In millions, except per share amounts and percentages of net sales.

SEC original ↗Microchip Technology — Earnings release (8-K exhibit)EX-99Aug 7, 2025

For the first quarters of fiscal 2026 and fiscal 2025, our non-GAAP results exclude the effect of share-based compensation, restructuring charges, expenses related to our acquisition activities (including intangible asset amortization, severance, and other restructuring costs, and legal and other general and administrative expenses associated with acquisitions including legal fees and expenses for litigation and investigations related to our Microsemi acquisition), professional services associated with certain legal matters, and dividends on our Series A Mandatory Convertible Preferred Stock.

SEC original ↗Microchip Technology — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Microchip announced today that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share, which is payable on September 5, 2025 to stockholders of record on August 22, 2025.

SEC original ↗Microchip Technology — Earnings release (8-K exhibit)EX-99Aug 7, 2025

The Microchip Board also declared a quarterly cash dividend on Microchip's 7.50% Series A Mandatory Convertible Preferred Stock of $18.750 per share (which represents $0.9375 per depositary share) which is payable on September 15, 2025 to stockholders of record on September 1, 2025.

SEC original ↗Microchip Technology — Earnings release (8-K exhibit)EX-99Aug 7, 2025

As we execute our strategic imperatives under our nine-point recovery plan, we are seeing improvements across key financial metrics and emerging from the prolonged industry downturn with enhanced operational capabilities and a strengthened financial position.

SEC original ↗Microchip Technology — Earnings release (8-K exhibit)EX-99Aug 7, 2025

The momentum from the March quarter has accelerated into fiscal 2026, validating our strategic plan and positioning us well to capitalize on the recovery.

SEC original ↗Microchip Technology — Earnings release (8-K exhibit)EX-99Aug 7, 2025

We achieved solid sequential margin expansion driven by operational improvements, including declining inventory write-offs and reduced underutilization charges.

SEC original ↗Microchip Technology — Earnings release (8-K exhibit)EX-99Aug 7, 2025

As we execute our strategic plan and benefit from improving demand conditions, we expect this operational leverage to support sustained margin expansion and enhanced cash flow generation as we drive towards our long-term business model goals.

SEC original ↗Microchip Technology — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Rich Simoncic, Microchip's Chief Operating Officer, said, Our Total System Solutions strategy continues to secure design wins with tier-one cloud providers for AI infrastructure and defense applications amid accelerating global defense spending.

SEC original ↗Microchip Technology — Earnings release (8-K exhibit)EX-99Aug 7, 2025

For the first quarters of fiscal 2026 and fiscal 2025, our non-GAAP results exclude the effect of share-based compensation, restructuring charges, expenses related to our acquisition activities (including intangible asset amortization, severance, and other restructuring costs, and legal and other general and administrative expenses associated with acquisitions including legal fees and expenses for litigation and investigations related to our Microsemi acquisition), professional services associated with certain legal matters, and dividends on our Series A Mandatory Convertible Preferred Stock.

SEC original ↗Microchip Technology — Earnings release (8-K exhibit)EX-99Aug 7, 2025

- - more - - Microchip Technology Reports First Quarter Fiscal 2026 Financial Results Page 5 Use of Non-GAAP Financial Measures Our non-GAAP adjustments, where applicable, include the effect of share-based compensation, restructuring charges, expenses related to our acquisition activities (including intangible asset amortization, severance, and other restructuring costs, and legal and other general and administrative expenses associated with acquisitions including legal fees and expenses for litigation and investigations related to our Microsemi acquisition), professional services associated with certain legal matters, and dividends on our Series A Mandatory Convertible Preferred Stock.

SEC original ↗Microchip Technology — Earnings release (8-K exhibit)EX-99Aug 7, 2025

These statements involve risks and uncertainties that could cause our actual results to differ materially, including, but not limited to any continued uncertainty, fluctuations or weakness in the U.

SEC original ↗Microchip Technology — Earnings release (8-K exhibit)EX-99Aug 7, 2025

and world economies (including China and Europe) due to changes in the scope and level of tariffs, interest rates or high inflation, actions taken or which may be taken by the Trump administration or the U.

SEC original ↗Microchip Technology — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Legal Proceedings 36 Item 1A.

SEC original ↗Microchip Technology — 10-Q Quarterly report10-QAug 6, 2026

Litigation, governmental investigations and disputes relating to the semiconductor industry are not uncommon, and the Company is, from time to time, subject to such litigation, governmental investigations and disputes.

SEC original ↗Microchip Technology — 10-Q Quarterly report10-QAug 6, 2026