# MICROCHIP TECHNOLOGY INCORPORATED (MCHP) FY2024 Annual P&L / Income Statement

- Company: MICROCHIP TECHNOLOGY INCORPORATED (MCHP)
- Period: 2023-04-01 to 2024-03-31
- Filing: FY2024 10-K, filed 2024-05-23, accession number 0000827054-24-000098
- Page: https://plicit.ai/financials/mchp/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/mchp-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2023-04-01 through 2024-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 7,634,400,000 US dollars
- **Cost of sales**: 2,638,700,000 US dollars
- **Gross profit**: 4,995,700,000 US dollars
- **Operating expenses**: 2,424,700,000 US dollars
- **Operating income**: 2,571,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 205,100,000 US dollars
- **Income before income taxes**: 2,365,900,000 US dollars
- **Income tax provision**: 459,000,000 US dollars
- **Net income**: 1,906,900,000 US dollars
- **Mixed-signal Microcontrollers**: 4,272,400,000 US dollars
- **Analog**: 2,016,400,000 US dollars
- **Other**: 1,345,600,000 US dollars
- **Research and development**: 1,097,400,000 US dollars
- **Selling, general and administrative**: 734,200,000 US dollars
- **Amortization of acquired intangible assets**: 605,400,000 US dollars
- **Special (income) charges and other, net**: negative 12,300,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/mchp/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/mchp-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2023-04-01 through 2024-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 7,634,400,000 US dollars
- **Cost of sales**: 2,638,700,000 US dollars
- **Gross profit**: 4,995,700,000 US dollars
- **Operating expenses**: 2,424,700,000 US dollars
- **Operating income**: 2,571,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 205,100,000 US dollars
- **Income before income taxes**: 2,365,900,000 US dollars
- **Income tax provision**: 459,000,000 US dollars
- **Net income**: 1,906,900,000 US dollars
- **Semiconductor products**: 7,531,100,000 US dollars
- **Technology licensing**: 103,300,000 US dollars
- **Research and development**: 1,097,400,000 US dollars
- **Selling, general and administrative**: 734,200,000 US dollars
- **Amortization of acquired intangible assets**: 605,400,000 US dollars
- **Special (income) charges and other, net**: negative 12,300,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Sales Channel

- Page: https://plicit.ai/financials/mchp/fy2024-annual-income-statement/revenue-by-sales-channel
- Chart image: https://plicit.ai/charts/mchp-fy2024-annual-revenue-by-sales-channel-sankey.png

Income statement for 2023-04-01 through 2024-03-31. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 7,634,400,000 US dollars
- **Cost of sales**: 2,638,700,000 US dollars
- **Gross profit**: 4,995,700,000 US dollars
- **Operating expenses**: 2,424,700,000 US dollars
- **Operating income**: 2,571,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 205,100,000 US dollars
- **Income before income taxes**: 2,365,900,000 US dollars
- **Income tax provision**: 459,000,000 US dollars
- **Net income**: 1,906,900,000 US dollars
- **Distributors**: 3,620,800,000 US dollars
- **Direct customers**: 3,910,300,000 US dollars
- **Licensees**: 103,300,000 US dollars
- **Research and development**: 1,097,400,000 US dollars
- **Selling, general and administrative**: 734,200,000 US dollars
- **Amortization of acquired intangible assets**: 605,400,000 US dollars
- **Special (income) charges and other, net**: negative 12,300,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.