Net Income for Microchip Technology (MCHP)
According to Microchip Technology's latest reported financial statements, the company's current net income (TTM) is -$96.60M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
-$96.60M
YoY change
-100.0%
5Y CAGR
N/A
Peak year (2023)
$2.24B
Cumulative net income
$11.51B
Net Income history chart for Microchip Technology (MCHP) from 1993 to 2025
Net Income history table for Microchip Technology (MCHP) from 1993 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | -$500,000 | -100.0% | ||
| 2024 | $1.91B | -14.8% | ||
| 2023 | $2.24B | +74.1% | ||
| 2022 | $1.29B | +267.9% | ||
| 2021 | $349.40M | -38.8% | ||
| 2020 | $570.60M | +60.3% | ||
| 2019 | $355.90M | +39.4% | ||
| 2018 | $255.40M | +55.1% | ||
| 2017 | $164.64M | -49.2% | ||
| 2016 | $324.13M | -12.2% | ||
| 2015 | $369.01M | -6.6% | ||
| 2014 | $395.28M | +210.3% | ||
| 2013 | $127.39M | -62.2% | ||
| 2012 | $336.70M | -19.6% | ||
| 2011 | $418.95M | +93.1% | ||
| 2010 | $217.00M | -11.6% | ||
| 2009 | $245.59M | -17.5% | ||
| 2008 | $297.75M | -16.6% | ||
| 2007 | $357.03M | +47.3% | ||
| 2006 | $242.37M | +13.4% | ||
| 2005 | $213.78M | +55.7% | ||
| 2004 | $137.26M | +55.6% | ||
| 2003 | $88.23M | -6.9% | ||
| 2002 | $94.81M | -33.6% | ||
| 2001 | $142.84M | +24.0% | ||
| 2000 | $115.17M | +147.5% | ||
| 1999 | $46.54M | -27.7% | ||
| 1998 | $64.37M | +25.9% | ||
| 1997 | $51.13M | +16.7% | ||
| 1996 | $43.80M | +20.7% | ||
| 1995 | $36.30M | +89.1% | ||
| 1994 | $19.20M | +357.1% | ||
| 1993 | $4.20M | — |
Net Income 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
In 2025, Microchip Technology (MCHP) net income totalled -$500,000 – plunged 100.0% year-over-year.
Microchip Technology net income plunged from $2.24B in 2023 to -$500,000 in 2025, a 100.0% drawdown.
$2.24B stands as the all-time-high annual net income, posted in 2023, against a low of -$500,000 during 2025.
Microchip Technology (MCHP) sits 9th of 8 Technology peers we track on this metric, against a peer median of $62.48B.
Microchip Technology Net Income by Year
Microchip Technology Net Income 2025: -$500,000
Microchip Technology net income in 2025 was -$500,000, plunged 100.0% below 2024. This figure represents the lowest annual value in the available history.
Microchip Technology Net Income 2024: $1.91B
Microchip Technology net income in 2024 was $1.91B, declined 14.8% below 2023.
Microchip Technology Net Income 2023: $2.24B
Microchip Technology net income in 2023 was $2.24B, surged 74.1% from 2022. This figure represents the highest annual value in the available history.
Microchip Technology Net Income 2022: $1.29B
Microchip Technology net income in 2022 was $1.29B, surged 267.9% from 2021.
Microchip Technology Net Income 2021: $349.40M
Microchip Technology net income in 2021 was $349.40M.
See more financial history for Microchip Technology (MCHP).
Sector peers — Net Income
Companies in the same sector as Microchip Technology, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.74T | Technology |
| NVIDIA Corporation (NVDA) | $120.07B | Technology |
| Apple Inc. (AAPL) | $112.01B | Technology |
| Microsoft Corporation (MSFT) | $101.83B | Technology |
| Broadcom Inc. (AVGO) | $23.13B | Technology |
| ASML Holding N.V. (ASML) | $9.61B | Technology |
| Micron Technology, Inc. (MU) | $8.54B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $4.33B | Technology |
Frequently asked questions
What is Microchip Technology's net income?
- Latest reported net income for Microchip Technology (MCHP) is -$96.60M (period ending December 31, 2025).
How has Microchip Technology net income changed year-over-year?
- Microchip Technology (MCHP) net income changed -100.0% year-over-year on the latest annual filing.
When did Microchip Technology net income hit its highest annual value?
- Microchip Technology net income reached its highest annual value of $2.24B in 2023.
What was Microchip Technology net income in 2024?
- Microchip Technology (MCHP) net income in 2024 was $1.91B.
What was Microchip Technology net income in 2025?
- Microchip Technology (MCHP) net income in 2025 was -$500,000.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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