Gross Profit for Microchip Technology (MCHP)
According to Microchip Technology's latest reported financial statements, the company's current gross profit (TTM) is $2.25B USD. 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 .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$2.25B
YoY change
-50.6%
5Y CAGR
-5.3%
Peak year (2023)
$5.70B
Cumulative gross profit
$43.60B
Gross Profit history chart for Microchip Technology (MCHP) from 1993 to 2025
Gross Profit history table for Microchip Technology (MCHP) from 1993 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 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 (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Microchip Technology (MCHP) reported gross profit of $2.47B – plunged 50.6% year-over-year.
Microchip Technology gross profit has contracted on net over the period, with a -5.3% compound annual growth rate over 2020–2025 (5 years).
Microchip Technology gross profit plunged from $5.70B in 2023 to $2.47B in 2025, a 56.7% 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 (MCHP) sits 9th of 8 Technology peers we track on this metric, against a peer median of $98.38B.
Microchip Technology Gross Profit by Year
Microchip Technology Gross Profit 2025: $2.47B
Microchip Technology gross profit in 2025 was $2.47B, plunged 50.6% below 2024.
Microchip Technology Gross Profit 2024: $5.00B
Microchip Technology gross profit in 2024 was $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, surged 31.7% from 2021.
Microchip Technology Gross Profit 2021: $3.38B
Microchip Technology gross profit in 2021 was $3.38B.
See more financial history for Microchip Technology (MCHP).
Sector peers — Gross Profit
Companies in the same sector as Microchip Technology, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.30T | Technology |
| Apple Inc. (AAPL) | $195.20B | Technology |
| Microsoft Corporation (MSFT) | $193.89B | Technology |
| NVIDIA Corporation (NVDA) | $153.46B | Technology |
| Broadcom Inc. (AVGO) | $43.29B | Technology |
| ASML Holding N.V. (ASML) | $17.26B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $17.15B | Technology |
| Micron Technology, Inc. (MU) | $14.87B | Technology |
Frequently asked questions
What is Microchip Technology's gross profit?
- Latest reported gross profit for Microchip Technology (MCHP) is $2.25B (period ending December 31, 2025).
How has Microchip Technology gross profit changed year-over-year?
- Microchip Technology (MCHP) gross profit changed -50.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Microchip Technology gross profit?
- Microchip Technology (MCHP) gross profit compound annual growth rate is -5.3% over the most recent 5 years available.
When did Microchip Technology gross profit hit its highest annual value?
- Microchip Technology gross profit reached its highest annual value of $5.70B in 2023.
What was Microchip Technology gross profit in 2024?
- Microchip Technology (MCHP) gross profit in 2024 was $5.00B.
What was Microchip Technology gross profit in 2025?
- Microchip Technology (MCHP) gross profit in 2025 was $2.47B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
MCHP Overview
Company profile, financial tools, and key metrics
MCHP Revenue Counter
Earns $138.65 every second. See per minute, hour, and day.
MCHP Earnings Counter
Loses −$3.06 per second. See per minute, hour, and day.
MCHP Economic Scale
Exceeds Aruba's GDP. Compare with world economies.
MCHP What If Invested
What if you had invested $1,000? See historical returns from any date.
MCHP How It Makes Money
Discover visual breakdown of $4.37B in revenue — where it comes from and where it goes.
MCHP Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
MCHP Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
MCHP Daily Price Character
Explosive · 49.7% historical win rate (green days). Streaks & record days.
MCHP Buybacks
Recent repurchase activity. Shareholder yield & SBC comparison.
MCHP Stock Split History
8 splits on record. Dates, ratios, and cumulative multiple.
MCHP Dividend Profile
Yield: 2.02%. Safety: 4/8. See full history.
MCHP Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
MCHP Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.