Microchip Technology Incorporated (MCHP) Earnings Call Transcripts

Microchip Technology Incorporated's Latest Earnings Call - September 9, 2026

In the September quarter of fiscal 2026, Microchip Technology Incorporated (MCHP:US) reported a significant year-over-year revenue increase of 40%, driven by strong customer order patterns and a robust backlog. The company also indicated a seventh consecutive quarter of above-seasonal growth, with gross margins expected to remain stable between 66% and 67% through fiscal 2027. Management maintained a positive outlook, citing strong bookings across all product lines and end markets, particularly in automotive and industrial sectors.

Reported metrics

Guidance from management

Management maintained a positive outlook, expecting continued growth in revenue and stable gross margins between 66% and 67% for the upcoming quarters.

What management said

Yes. Bookings have been strong across the board. It's really all product lines, all business units, all geography. There's not really anything to point out as being unique or different or weak in any way, but it's been across the board strength in bookings.

I think on most customers, it really doesn't have an impact, right? They're looking at their business outlook. And if oil prices impact their business outlook, maybe they pump the brakes a little bit. But we haven't seen that as of yet. Like I said, the bookings activity has been really strong. Design win activity with customers continues to be very robust and some of the new products that we've been talking about pu...

What analysts pressed on

Analysts expressed concerns regarding the competitive landscape in China and the impact of supply chain constraints on production capacity. There were also questions about how design wins in the PCIe market would translate into future revenue.

Main topics on the call

• Revenue Growth Acceleration — Microchip is guiding for a 40% year-over-year revenue increase in the September quarter, marking the seventh consecutive quarter of above-seasonal growth. CFO Eric Bjornholt stated, "If you look at where we're guiding th...
• Strong Bookings Activity — The company reported the strongest bookings quarter in about four years, with consistent demand across all product lines and geographies. Bjornholt noted, "Bookings have been strong across the board. It's really all prod...
• Stable Gross Margins — Management expects gross margins to remain stable at 66% to 67% for the upcoming quarters, despite some one-time benefits in the current quarter. Bjornholt explained, "We expect because we'll have the price increase in p...
• Data Center Market Growth — Microchip anticipates data center revenue to grow by 69% this year, reaching around $1 billion. The company has broken out data center revenue into two segments, with both segments expected to contribute equally to this ...

Read the full Microchip Technology Incorporated transcript (September 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 121 Microchip Technology Incorporated earnings call transcripts on record, spanning January 7, 2020 to September 9, 2026. Based on this history, Microchip Technology Incorporated reports quarterly. The most recent call on file is dated September 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MCHP

Exchange

NasdaqGS

Country

US

Sector

Information Technology

Industry

Semiconductors and Semiconductor Equipment

Calls on record

121

First call

January 7, 2020

Most recent

September 9, 2026

Reporting cadence

quarterly