Operating Income for Microchip Technology (MCHP)
According to Microchip Technology's latest reported financial statements, the company's current operating income (TTM) is $178.70M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$178.70M
YoY change
-88.5%
5Y CAGR
-14.5%
Peak year (2023)
$3.12B
Cumulative operating income
$16.42B
Operating Income history chart for Microchip Technology (MCHP) from 1993 to 2025
Operating Income history table for Microchip Technology (MCHP) from 1993 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $296.30M | -88.5% | ||
| 2024 | $2.57B | -17.5% | ||
| 2023 | $3.12B | +68.5% | ||
| 2022 | $1.85B | +85.3% | ||
| 2021 | $998.10M | +54.2% | ||
| 2020 | $647.10M | -9.4% | ||
| 2019 | $714.30M | -23.7% | ||
| 2018 | $936.30M | +239.5% | ||
| 2017 | $275.80M | -21.7% | ||
| 2016 | $352.30M | -17.2% | ||
| 2015 | $425.62M | -7.2% | ||
| 2014 | $458.86M | +157.0% | ||
| 2013 | $178.55M | -55.0% | ||
| 2012 | $396.52M | -16.4% | ||
| 2011 | $474.18M | +93.6% | ||
| 2010 | $244.96M | +5.0% | ||
| 2009 | $233.33M | -22.7% | ||
| 2008 | $301.67M | -13.3% | ||
| 2007 | $347.81M | +6.6% | ||
| 2006 | $326.36M | +26.2% | ||
| 2005 | $258.65M | +51.0% | ||
| 2004 | $171.29M | +38.0% | ||
| 2003 | $124.12M | +1.3% | ||
| 2002 | $122.47M | -32.8% | ||
| 2001 | $182.14M | +144.1% | ||
| 2000 | $74.63M | +136.3% | ||
| 1999 | $31.58M | -65.5% | ||
| 1998 | $91.49M | +28.8% | ||
| 1997 | $71.06M | -1.0% | ||
| 1996 | $71.80M | +45.3% | ||
| 1995 | $49.40M | +105.0% | ||
| 1994 | $24.10M | +330.4% | ||
| 1993 | $5.60M | — |
Operating 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) operating income totalled $296.30M – plunged 88.5% year-over-year.
Microchip Technology operating income compound annual growth for the 2020–2025 (5 years) window is -14.5%, with a net decline across the window.
Microchip Technology operating income peaked at $3.12B in 2023; the latest annual figure is $296.30M in 2025 (90.5% below peak).
Across the available history, operating income reached its high of $3.12B in 2023 and its low of $5.60M in 1993.
Among 8 Technology peers, Microchip Technology (MCHP) ranks 9th; the peer median for operating income is $77.01B.
Microchip Technology Operating Income by Year
Microchip Technology Operating Income 2025: $296.30M
Microchip Technology operating income in 2025 was $296.30M, plunged 88.5% below 2024.
Microchip Technology Operating Income 2024: $2.57B
Microchip Technology operating income in 2024 was $2.57B, declined 17.5% below 2023.
Microchip Technology Operating Income 2023: $3.12B
Microchip Technology operating income in 2023 was $3.12B, surged 68.5% from 2022. This figure represents the highest annual value in the available history.
Microchip Technology Operating Income 2022: $1.85B
Microchip Technology operating income in 2022 was $1.85B, surged 85.3% from 2021.
Microchip Technology Operating Income 2021: $998.10M
Microchip Technology operating income in 2021 was $998.10M.
See more financial history for Microchip Technology (MCHP).
Sector peers — Operating Income
Companies in the same sector as Microchip Technology, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.96T | Technology |
| Apple Inc. (AAPL) | $133.05B | Technology |
| NVIDIA Corporation (NVDA) | $130.39B | Technology |
| Microsoft Corporation (MSFT) | $128.53B | Technology |
| Broadcom Inc. (AVGO) | $25.48B | Technology |
| ASML Holding N.V. (ASML) | $11.30B | Technology |
| Micron Technology, Inc. (MU) | $9.87B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $3.69B | Technology |
Frequently asked questions
What is Microchip Technology's operating income?
- Latest reported operating income for Microchip Technology (MCHP) is $178.70M (period ending December 31, 2025).
How has Microchip Technology operating income changed year-over-year?
- Microchip Technology (MCHP) operating income changed -88.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Microchip Technology operating income?
- Microchip Technology (MCHP) operating income compound annual growth rate is -14.5% over the most recent 5 years available.
When did Microchip Technology operating income hit its highest annual value?
- Microchip Technology operating income reached its highest annual value of $3.12B in 2023.
What was Microchip Technology operating income in 2024?
- Microchip Technology (MCHP) operating income in 2024 was $2.57B.
What was Microchip Technology operating income in 2025?
- Microchip Technology (MCHP) operating income in 2025 was $296.30M.
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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