Microchip

OverviewSuggest Edit

Microchip Technology is a company that develops and manufactures specialized semiconductor products for various embedded control applications. It designs, produces and markets microcontrollers, microprocessors, field-programmable gate array (FPGA) products, a range of linear, mixed-signal, power management, thermal management, discrete diodes, metal oxide semiconductor field effect transistors (MOSFETs), radio frequency (RF), timing, timing systems, safety, security, and wired connectivity and wireless connectivity devices, as well as a variety of memory products, and Flash-IP solutions. The company serves the automotive, aerospace, defense, space, communications, computing, consumer, and industrial control markets.

TypePublic
Founded1989
HQChandler, USMap
Websitemicrochip.com
Employee Ratings3.8More
View Jobs (425)

Recent NewsAll News

Latest Updates

Employees (est.) (Mar 2019)18,286(+29%)
Job Openings425
Revenue (FY, 2020)$5.3 B(-1%)
Share Price (Sept 2020)$102.2 (+2%)
Cybersecurity ratingCMore

Key People/Management at Microchip

Steve Sanghi

Steve Sanghi

Chairman of the Board and Chief Executive Officer
Ganesh Moorthy

Ganesh Moorthy

President & Chief Operating Officer
Matthew W. Chapman

Matthew W. Chapman

Board Member
L.b. Day

L.b. Day

Board Member
Kathryn A. Clevenger

Kathryn A. Clevenger

Vice President, Fab 4 Operations
Lauren A. Carr

Lauren A. Carr

Senior Vice President, Global Human Resources
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Microchip Office Locations

Microchip has offices in Chandler, Austin, Duluth, Hauppauge and in 62 other locations
Chandler, US (HQ)
2355 W Chandler Blvd
Austin, US
8601 Ranch Rd 2222 Bldg. 3
Duluth, US
2055 Sugarloaf Cir #525
Hauppauge, US
80 Arkay Dr #100
Houston, US
19500 TX-249 #555, Houston, TX 77070, USA
Itasca, US
333 Pierce Rd #180
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Microchip Financials and Metrics

Microchip Revenue

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Microchip's revenue was reported to be $5.27 b in FY, 2020
USD

Revenue (Q1, 2021)

1.3b

Gross profit (Q1, 2021)

798.3m

Gross profit margin (Q1, 2021), %

61%

Net income (Q1, 2021)

123.6m

EBIT (Q1, 2021)

218.3m

Market capitalization (14-Sept-2020)

25.8b

Closing stock price (14-Sept-2020)

102.2

Cash (30-Jun-2020)

378.2m

EV

27.0b
Microchip's current market capitalization is $25.8 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

3.4b4.0b5.3b5.3b

Revenue growth, %

57%17%34%

Cost of goods sold

1.7b1.6b2.4b2.0b

Gross profit

1.8b2.4b2.9b3.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

972.1m1.0b994.2m1.2b1.4b1.4b1.3b1.3b1.3b1.3b

Cost of goods sold

387.7m398.0m387.1m570.5m743.2m595.1m507.4m510.3m501.9m511.4m

Gross profit

584.4m614.1m607.1m642.0m689.3m779.6m815.2m827.5m785.5m798.3m

Gross profit Margin, %

60%61%61%53%48%57%62%62%61%61%
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Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

908.7m901.3m428.6m

Accounts Receivable

478.4m563.7m880.6m

Prepaid Expenses

41.4m63.9m28.4m

Inventories

417.2m476.2m711.7m685.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

773.0m826.4m672.1m635.2m459.7m432.2m434.0m401.8m397.1m378.2m

Accounts Receivable

529.0m545.4m553.1m789.4m668.8m544.8m936.8m848.6m807.5m894.3m

Prepaid Expenses

43.8m44.4m60.1m

Inventories

426.8m456.9m487.1m1.1b836.7m702.5m733.1m734.2m708.8m657.2m
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Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

323.9m164.6m255.4m355.9m570.6m

Depreciation and Amortization

283.2m469.2m615.9m876.4m1.2b

Inventories

48.2m223.7m(59.2m)341.6m28.8m

Accounts Payable

(20.8m)(16.1m)(13.9m)(180.7m)11.4m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(113.4m)(79.4m)27.7m170.6m359.7m108.7m35.7m132.0m181.2m50.7m159.6m470.7m123.6m

Depreciation and Amortization

113.1m226.0m340.9m151.8m304.4m459.0m172.8m393.8m637.7m307.1m604.7m904.7m292.8m

Inventories

121.1m216.0m220.7m(9.9m)(40.1m)(70.2m)83.8m261.5m344.5m(20.5m)(20.2m)5.6m24.9m

Accounts Payable

(18.0m)22.0m(22.3m)36.3m25.8m41.8m(2.2m)(37.8m)(143.5m)49.7m(8.4m)(53.3m)(46.6m)
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Microchip Operating Metrics

Microchip's Backlog was reported to be $2.4b in FY, 2019.
FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Backlog

$765 m$1.21 b$1.62 b$1.83 b$2.38 b

Microcontrollers Shipped

15 b17 b19 b22 b25 b

Microcontrollers Offered

1.30 k1.40 k2.80 k3 k3.70 k

Development Tools Shipped to Date

1.80 m2 m2.20 m2.40 m
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Microchip Acquisitions / Subsidiaries

Company NameDateDeal Size
MicrosemiMarch 01, 2018$10.20 b
AtmelJanuary 19, 2016$3.60 b
MicrelMay 08, 2015$839 m
ISSC Technologies CorpJuly 14, 2014$328.50 m
SupertexFebruary 10, 2014
EqcoLogicNovember 21, 2013
Novocell SemiconductorJune 04, 2013
IDENT TechnologyMay 02, 2012
SMSCMay 02, 2012
Roving NetworksApril 20, 2012
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Microchip Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

Learn more about about our premium products
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Microchip Revenue Breakdown

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Microchip revenue breakdown by business segment: 97.5% from Semiconductor Products and 2.5% from Other

Microchip revenue breakdown by geographic segment: 25.3% from Americas, 51.8% from Asia and 22.9% from Europe

Microchip Online and Social Media Presence

Microchip's Trends

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Microchip News and Updates

September 05, 2020

Kaskela Law LLC Announces Investigation of Microchip Technology Inc. (MCHP) and Encourages Long-Term Investors to Contact the Firm

PHILADELPHIA, Sept. 5, 2020 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Microchip Technology Inc. ("Microchip Technology" or the "Company") (Nasdaq: MCHP) on behalf of the Company's stockholders. Recently a shareholder class action complaint was filed in federal...
August 17, 2020

Dog Microchip Sales, Price, Revenue, Gross Margin and Market Share (2020-2025)

The Dog Microchip market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, rece…
August 04, 2020

Microchip Technology stock falls on outlook

Microchip Technology Inc. shares fell in the extended session Tuesday after the chip maker's outlook range book-ended the Wall Street forecast. Microchip Technology shares fell 6.5% after hours, following a 2.3% rise in the regular session to close at $107.32. Microchip Technology expects adjusted …
August 03, 2020

Microchip Technology Now Fully Valued?

After a 83% rise since its low in March, at the current price of around $102 per share we believe Microchip Technology stock has reached its near term potential. MCHP stock has rallied from $56 to $102 off the recent bottom compared to the S&P which moved 45%. Further, MCHP stock is up about 45%…
July 25, 2020

What Is A Microchip Worth?

Intel has announced a delay of more than a year in its 7nm chip manufacturing process, which gives an idea of the reasons why Apple recently announced it was abandoning the US company’s chips and would make its own and use ARM architecture instead.
June 26, 2020

Vaccine Makers Turn to Microchip Tech to Beat Glass Shortages

We'll need millions of vials to distribute the vaccine. The US government thinks manufacturing methods from the semiconductor industry can help.
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 Microchip Frequently Asked Questions

  • When was Microchip founded?

    Microchip was founded in 1989.

  • Who are Microchip key executives?

    Microchip's key executives are Steve Sanghi, Ganesh Moorthy and Matthew W. Chapman.

  • How many employees does Microchip have?

    Microchip has 18,286 employees.

  • What is Microchip revenue?

    Latest Microchip annual revenue is $5.3 b.

  • What is Microchip revenue per employee?

    Latest Microchip revenue per employee is $288.4 k.

  • Who are Microchip competitors?

    Competitors of Microchip include Silicon Labs, Maxim Integrated and Analog Devices.

  • Where is Microchip headquarters?

    Microchip headquarters is located at 2355 W Chandler Blvd, Chandler.

  • Where are Microchip offices?

    Microchip has offices in Chandler, Austin, Duluth, Hauppauge and in 62 other locations.

  • How many offices does Microchip have?

    Microchip has 67 offices.