Form 8-K · Current report
Microchip Technology 8-K, filed Nov 5, 2026
- Filed
- CIK
- 0000827054
- Accession no.
- 0000827054-26-000061
Summary
Microchip Technology reported fiscal 2027 second-quarter net sales of $1.622 billion, up 42.2% year over year, and GAAP and non-GAAP EPS above prior guidance, with CEO Steve Sanghi citing broad-based growth and robust bookings. The company guided December-quarter net sales to a midpoint 1% lower sequentially but about 35.4% higher year over year, declared a 45.5-cent common dividend, completed acquisitions of Hailo and Vorago Technologies, and said director Victor Peng would step down.
Key points
- Net sales were $1.622 billion, up 42.2% year over year and 9.2% sequentially, above the $1.604 billion guidance midpoint.
- GAAP EPS was $0.68 versus prior guidance of $0.53 to $0.54, and non-GAAP EPS was $0.97 versus prior guidance of $0.91 to $0.95.
- December-quarter net sales guidance was $1.573 billion to $1.638 billion, a midpoint down 1% sequentially and up about 35.4% year over year.
- The board declared a 45.5-cent quarterly common dividend payable December 8, 2026; Microchip completed acquisitions of Hailo and Vorago Technologies and said Victor Peng would step down from its board.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition The information pursuant to Item 2.02 in this report on Form 8-K is being furnished as contemplated by General Instruction B(2) to Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. On November 5, 2026, we announced the results of our operations for the second quarter of fiscal year 2027. The complete release is attached to this report as Exhibit 99.1. Item 9.01. …
An excerpt of the text as filed with the SEC, cut for length.
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