Microchip Technology Incorporated (MCHP) Net Income
The annual net income for Microchip Technology Incorporated (MCHP) is $202.20 Million with a year-over-year change of +40540.00%. Net income represents the company's bottom line profit after all expenses, taxes, and interest.
Annual Net Income (TTM)
$202.20M
$202.20 Million
Year-over-Year Change
+40540.00%
vs. ($500,000) prior year
Net Income CAGR
(10.36%)
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
(28.82%)
3 Year
(55.12%)
5 Year
(10.36%)
10 Year
(4.61%)
15 Year
(4.74%)
20 Year
(0.90%)
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2026 | $202.20M | +$202.70M | — |
| 2025 | ($500,000) | ($1.91B) | (100.03%) |
| 2024 | $1.91B | ($330.80M) | (14.78%) |
| 2023 | $2.24B | +$952.20M | +74.07% |
| 2022 | $1.29B | +$936.10M | +267.92% |
| 2021 | $349.40M | ($221.20M) | (38.77%) |
| 2020 | $570.60M | +$214.70M | +60.33% |
| 2019 | $355.90M | +$100.50M | +39.35% |
| 2018 | $255.40M | +$90.76M | +55.13% |
| 2017 | $164.64M | ($159.49M) | (49.21%) |
Net Income Growth Summary
TTM Growth
(28.82%)
3-Year Avg Growth
(55.12%)
5-Year Avg Growth
(10.36%)
About Microchip Technology Incorporated
Microchip Technology Incorporated creates, produces, and sells intelligent, interconnected, and secure embedded control solutions to customers throughout the Americas, Europe, and Asia. The company's core offerings include a range of microcontrollers, such as general-purpose 8-bit, 16-bit, and 32-bit models, as well as 32-bit embedded microprocessors. These specialized microcontrollers are designed for numerous applications across industries like automotive, industrial, computing, communications, lighting, power supplies, motor control, human-machine interfaces, security, and various wired and wireless connectivity needs. Beyond its processors, Microchip provides development tools that enable system designers to program its microcontroller and microprocessor units for specific tasks. Its product lineup also features Field-Programmable Gate Arrays (FPGAs) and a broad selection of analog, interface, mixed-signal, and timing components. This extensive category encompasses power management, linear, high-voltage, thermal management, discrete diodes and MOSFETs, radio frequency (RF), drivers, safety, security, USB, Ethernet, wireless, and other interface products. For compact device applications, the company supplies memory products such as serial EEPROM, serial and parallel flash, serial SRAM, and serial EERAM. A significant aspect of Microchip's business involves licensing its SuperFlash embedded flash and NVM technologies. These are provided to foundries, integrated device manufacturers, and design partners for use in manufacturing their own microcontrollers, gate arrays, RF, analog, and neuromorphic computing products that require integrated non-volatile memory. Moreover, Microchip delivers engineering services, along with wafer foundry, assembly, and test subcontracting manufacturing services. It also produces specialized timing systems, application-specific integrated circuits (ASICs), and aerospace products. Microchip Technology Incorporated was established in 1989 and is headquartered in Chandler, Arizona.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Stephen Sanghi