TTM
$2.72B
YoY change
+10.3%
5Y CAGR
-4.2%
Peak year (2023)
$5.70B
Cumulative gross profit
$46.32B
Gross Profit history chart for Microchip Technology (MCHP) from 1993 to 2026
Latest: $2.72B
Gross Profit growth chart for Microchip Technology (MCHP) from 1993 to 2026
Latest: +10.3%
Gross Profit history table for Microchip Technology (MCHP) from 1993 to 2026
| 2026 | $2.72B | +10.3% | +$253.20M | ||
| 2025 | $2.47B | -50.6% | −$2.53B | ||
| 2024 | $5.00B | -12.3% | −$702.20M | ||
| 2023 | $5.70B | +28.1% | +$1.25B | ||
| 2022 | $4.45B | +31.7% | +$1.07B | ||
| 2021 | $3.38B | +4.2% | +$136.70M | ||
| 2020 | $3.24B | +10.6% | +$310.80M | ||
| 2019 | $2.93B | +21.1% | +$510.60M | ||
| 2018 | $2.42B | +37.8% | +$663.50M | ||
| 2017 | $1.76B | +45.8% | +$551.70M | ||
| 2016 | $1.21B | -2.0% | −$24.06M | ||
| 2015 | $1.23B | +8.9% | +$100.82M | ||
| 2014 | $1.13B | +34.6% | +$290.28M | ||
| 2013 | $838.46M | +4.9% | +$39.16M | ||
| 2012 | $799.29M | -9.3% | −$81.96M | ||
| 2011 | $881.25M | +65.0% | +$347.01M | ||
| 2010 | $534.24M | +3.4% | +$17.74M | ||
| 2009 | $516.50M | -17.4% | −$108.43M | ||
| 2008 | $624.94M | +0.0% | +$182.00K | ||
| 2007 | $624.76M | +13.4% | +$73.88M | ||
| 2006 | $550.88M | +13.8% | +$66.90M | ||
| 2005 | $483.98M | +38.3% | +$134.02M | ||
| 2004 | $349.96M | -0.6% | −$2.28M | ||
| 2003 | $352.24M | +22.8% | +$65.50M | ||
| 2002 | $286.74M | -24.7% | −$93.98M | ||
| 2001 | $380.71M | +7.8% | +$27.58M | ||
| 2000 | $353.14M | +21.5% | +$62.48M | ||
| 1999 | $290.65M | +15.7% | +$39.46M | ||
| 1998 | $251.19M | +50.5% | +$84.27M | ||
| 1997 | $166.92M | -6.3% | −$11.28M | ||
| 1996 | $178.20M | +43.5% | +$54.00M | ||
| 1995 | $124.20M | +67.4% | +$50.00M | ||
| 1994 | $74.20M | +103.8% | +$37.80M | ||
| 1993 | $36.40M | — | — |
- 2026$2.72B+10.3%
- 2025$2.47B-50.6%
- 2024$5.00B-12.3%
- 2023$5.70B+28.1%
- 2022$4.45B+31.7%
- 2021$3.38B+4.2%
- 2020$3.24B+10.6%
- 2019$2.93B+21.1%
- 2018$2.42B+37.8%
- 2017$1.76B+45.8%
- 2016$1.21B-2.0%
- 2015$1.23B+8.9%
- 2014$1.13B+34.6%
- 2013$838.46M+4.9%
- 2012$799.29M-9.3%
- 2011$881.25M+65.0%
- 2010$534.24M+3.4%
- 2009$516.50M-17.4%
- 2008$624.94M+0.0%
- 2007$624.76M+13.4%
- 2006$550.88M+13.8%
- 2005$483.98M+38.3%
- 2004$349.96M-0.6%
- 2003$352.24M+22.8%
- 2002$286.74M-24.7%
- 2001$380.71M+7.8%
- 2000$353.14M+21.5%
- 1999$290.65M+15.7%
- 1998$251.19M+50.5%
- 1997$166.92M-6.3%
- 1996$178.20M+43.5%
- 1995$124.20M+67.4%
- 1994$74.20M+103.8%
- 1993$36.40M—
Gross Profit values are taken from Microchip Technology's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at Microchip Technology (MCHP)
According to Microchip Technology's latest reported financial statements, the company's current gross profit (TTM) is $2.72B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2026 fiscal year, Microchip Technology (MCHP) reported gross profit of $2.72B – grew 10.3% year-over-year.
Microchip Technology gross profit has contracted on net over the period, with a -4.2% compound annual growth rate over 2021–2026 (5 years).
Microchip Technology gross profit plunged from $5.70B in 2023 to $2.72B in 2026, a 52.2% drawdown.
Across the available history, gross profit reached its high of $5.70B in 2023 and its low of $36.40M in 1993.
Microchip Technology Gross Profit by Year
Microchip Technology Gross Profit 2026: $2.72B
2026's gross profit for Microchip Technology came in at $2.72B, grew 10.3% from 2025.
Microchip Technology Gross Profit 2025: $2.47B
Microchip Technology posted gross profit of $2.47B in 2025, plunged 50.6% below 2024.
Microchip Technology Gross Profit 2024: $5.00B
In 2024, Microchip Technology reported gross profit of $5.00B, declined 12.3% below 2023.
Microchip Technology Gross Profit 2023: $5.70B
Microchip Technology gross profit in 2023 was $5.70B, grew 28.1% from 2022. This figure represents the highest annual value in the available history.
Microchip Technology Gross Profit 2022: $4.45B
Microchip Technology gross profit in 2022 was $4.45B.
See more financial history for Microchip Technology (MCHP).
Sector peers by Gross Profit
Technology peers of Microchip Technology (MCHP), ranked by their latest gross profit
| $195.20B | |
| $193.89B | |
| $153.46B | |
| $74.32B | |
| $43.29B | |
| $20.09B | |
| $17.15B | |
| $14.87B |
- $195.20B
- $193.89B
- $153.46B
- $74.32B
- $43.29B
- $20.09B
- $17.15B
- $14.87B
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