Microchip Technology Incorporated (MCHP) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Cash from Operations | 257M | 341.4M | 88.1M | 275.6M | 205.9M | 271.5M | 43.6M | 377.1M | 430M | 853.3M | 616.2M | 993.2M | 709.5M | 1.28B | 793.2M | 840.4M | 747.7M | 853.4M | 611.7M | 629.9M |
| Operating CF Margin % | 19.6% | 28.79% | 7.73% | 25.63% | 21.22% | 26.46% | 3.75% | 30.38% | 32.43% | 48.33% | 27.33% | 43.4% | 31.78% | 58.91% | 38.26% | 42.8% | 40.54% | 48.56% | 37.08% | 40.14% |
| Operating CF Growth % | 24.82% | 25.75% | 102.06% | -26.92% | -52.12% | -68.18% | -92.92% | -62.03% | -39.39% | -33.23% | -22.31% | 18.18% | -5.11% | 49.74% | 29.67% | 33.42% | 66.45% | 67.43% | 34.2% | 25.53% |
| Net Income | 144.2M | 62.7M | 41.7M | -18.6M | -154.6M | -53.6M | 78.4M | 129.3M | 154.7M | 419.2M | 666.6M | 666.4M | 604M | 580.3M | 546.2M | 507.2M | 437.9M | 352.8M | 242M | 252.8M |
| Depreciation & Amortization | 173.7M | 171.8M | 172.7M | 171.1M | 187M | 186.8M | 187.6M | 188.7M | 218.2M | 219.4M | 219M | 222.9M | 243.2M | 244M | 251.8M | 259.4M | 293.2M | 300.6M | 277.5M | 272.2M |
| Stock-Based Compensation | 68.3M | 72.6M | 61.6M | 52.9M | 40.7M | 49.4M | 46.3M | 44M | 42.8M | 44.8M | 45.4M | 44.5M | 43.9M | 44M | 41.3M | 41.2M | 47M | 50.9M | 55.7M | 56.6M |
| Deferred Taxes | -51.3M | -15.6M | 5.3M | -3M | -17.5M | -76.1M | -41.6M | -8.1M | -71.3M | 17.1M | 3.1M | 23.9M | 20.1M | 54.1M | 56.6M | 74.7M | 1.8M | 17.3M | -31.3M | 20.1M |
| Other Non-Cash Items | 1.9M | 1.7M | 11.7M | 4.4M | -1.2M | 4.4M | 7.9M | 200K | 6.4M | 4.3M | 8.6M | 13.4M | 4.6M | 6.1M | 4.2M | 10.1M | 25.2M | 24M | 94.9M | 17.3M |
| Working Capital Changes | -79.8M | 48.2M | -204.9M | 68.8M | 151.5M | 160.6M | -235M | 23M | 79.2M | 148.5M | -326.5M | 22.1M | -206.3M | 349.4M | -106.9M | -52.2M | -57.4M | 107.8M | -27.1M | 10.9M |
| Change in Receivables | -163.6M | 15M | 19.9M | -75.8M | 167.5M | 187.1M | 51.5M | 47.9M | 254.4M | 308.1M | -241.2M | -159.7M | -130.3M | -41.8M | 11.8M | -72.4M | -142.5M | 55.5M | 15.1M | -3M |
| Change in Inventory | 24.3M | 39M | 76M | 125M | 66.7M | -16.8M | -27.5M | 9.2M | -3.4M | 21.3M | 5.5M | -10.6M | -158.4M | -134.6M | -125.2M | -65M | -72.8M | -55.2M | -30.6M | -19.2M |
| Change in Payables | 53.4M | -1.4M | -53.6M | 27.6M | -109M | -54.3M | -141.1M | -41.2M | -124.4M | -88M | 29.1M | 34.9M | 97.9M | 81.2M | -8.1M | 152.4M | 118.9M | 70.5M | 4.2M | -900K |
| Cash from Investing | -52.1M | -44.5M | -62M | -36.9M | -56M | -42.1M | -64.2M | -125.5M | -71.2M | -86.2M | -93.8M | -140.9M | -150.8M | -164.1M | -130.8M | -153.8M | -142.7M | -126.3M | -96M | -112.7M |
| Capital Expenditures | -14.2M | -22.5M | -36.5M | -17.9M | -14.2M | -18.1M | -20.8M | -72.9M | -40.1M | -59.5M | -74.4M | -111.1M | -112.7M | -141.3M | -110.3M | -121.9M | -114.6M | -90.7M | -78.5M | -86.3M |
| CapEx % of Revenue | 1.08% | 1.9% | 3.2% | 1.66% | 1.46% | 1.76% | 1.79% | 5.87% | 3.02% | 3.37% | 3.3% | 4.85% | 5.05% | 6.51% | 5.32% | 6.21% | 6.21% | 5.16% | 4.76% | 5.5% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -37.9M | -22M | -25.5M | -19M | -41.8M | -24M | -43.4M | -52.6M | -31.1M | -26.7M | -19.4M | -29.8M | -38.1M | -22.8M | -20.5M | -31.9M | -28.1M | -35.6M | -17.5M | -26.4M |
| Cash from Financing | -215.3M | -283M | -355.8M | -443.9M | 35.8M | 70.5M | -8.4M | -256.2M | -320.1M | -742.7M | -537M | -815.1M | -613.6M | -1.13B | -734.7M | -626.9M | -601.1M | -666.9M | -540.1M | -519.5M |
| Debt Issued (Net) | 146.3M | -11.7M | -88M | -174.5M | -1.12B | 324.4M | 246.4M | 169.9M | 299.6M | -391.3M | 14.9M | -465.5M | -153.2M | -719.3M | -325.1M | -272.7M | -206.8M | -368.1M | -416.3M | -393.3M |
| Equity Issued (Net) | -48.8M | 12.2M | 17.9M | 12.4M | 20M | 5.3M | 3.2M | -59.6M | -363M | -97.5M | -314.5M | -125M | -245.9M | -213M | -222.8M | -181.8M | -236.2M | -152.3M | 21.2M | 12.2M |
| Dividends Paid | -274.4M | -273.9M | -273.6M | -270.6M | -244.8M | -244.6M | -243.7M | -242.6M | -242.5M | -237.4M | -222.7M | -208.9M | -195.9M | -180.3M | -166.1M | -153M | -140.8M | -128.7M | -121.2M | -113.1M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -6.5M | -17.3M | -72.7M | -387.4M | -114.6M | -339.8M | -140.3M | -273.9M | -229.5M | -247.2M | -195.2M | -259.6M | -166M | 0 | 0 |
| Other Financing | -38.4M | -9.6M | -12.1M | -11.2M | 1.38B | -14.6M | -14.3M | -123.9M | -14.2M | -16.5M | -14.7M | -15.7M | -18.6M | -17.1M | -20.7M | -19.4M | -17.3M | -17.8M | -23.8M | -25.3M |
| Net Change in Cash | -10.4M | 13.9M | -329.7M | -205.2M | 185.7M | 299.9M | -29M | -4.6M | 38.7M | 24.4M | -14.6M | 37.2M | -54.9M | -15.9M | -72.3M | 59.7M | 3.9M | 60.2M | -24.4M | -2.3M |
| Free Cash Flow | 242.8M | 318.9M | 51.6M | 257.7M | 191.7M | 253.4M | 22.8M | 304.2M | 389.9M | 793.8M | 541.8M | 882.1M | 596.8M | 1.14B | 682.9M | 718.5M | 633.1M | 762.7M | 533.2M | 543.6M |
| FCF Margin % | 18.52% | 26.89% | 4.52% | 23.96% | 19.75% | 24.7% | 1.96% | 24.51% | 29.41% | 44.96% | 24.03% | 38.54% | 26.73% | 52.4% | 32.94% | 36.59% | 34.33% | 43.4% | 32.32% | 34.64% |
| FCF Growth % | 26.66% | 25.85% | 126.32% | -15.29% | -50.83% | -68.08% | -95.79% | -65.51% | -34.67% | -30.16% | -20.66% | 22.77% | -5.73% | 49.02% | 28.08% | 32.17% | 60.77% | 56.19% | 18.62% | 10.42% |
| FCF per Share | 0.44 | 0.58 | 0.10 | 0.48 | 0.36 | 0.47 | 0.04 | 0.56 | 0.72 | 1.45 | 0.99 | 1.60 | 1.08 | 2.05 | 1.22 | 1.28 | 1.12 | 1.34 | 0.94 | 0.96 |
| FCF Conversion (FCF/Net Income) | 1.78x | 9.78x | 2.11x | -14.82x | -1.33x | -5.07x | 0.56x | 2.92x | 2.78x | 2.04x | 0.92x | 1.49x | 1.17x | 2.20x | 1.45x | 1.66x | 1.71x | 2.42x | 2.53x | 2.49x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |