# MICROCHIP TECHNOLOGY INCORPORATED (MCHP) FY2024 Q3 P&L / Income Statement

- Company: MICROCHIP TECHNOLOGY INCORPORATED (MCHP)
- Period: 2023-10-01 to 2023-12-31
- Filing: Q3 FY2024 10-Q, filed 2024-02-01, accession number 0000827054-24-000024
- Page: https://plicit.ai/financials/mchp/fy2024-q3-income-statement
- Chart image: https://plicit.ai/charts/mchp-fy2024-q3-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2023-10-01 through 2023-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 1,765,700,000 US dollars
- **Cost of sales**: 645,700,000 US dollars
- **Gross profit**: 1,120,000,000 US dollars
- **Operating expenses**: 590,600,000 US dollars
- **Operating income**: 529,400,000 US dollars
- **Other income (expense), net (calculated)**: negative 45,100,000 US dollars
- **Income before income taxes**: 484,300,000 US dollars
- **Income tax provision**: 65,100,000 US dollars
- **Net income**: 419,200,000 US dollars
- **Mixed-signal Microcontrollers**: 995,200,000 US dollars
- **Analog**: 430,600,000 US dollars
- **Other**: 339,900,000 US dollars
- **Research and development**: 266,000,000 US dollars
- **Selling, general and administrative**: 172,200,000 US dollars
- **Amortization of acquired intangible assets**: 151,300,000 US dollars
- **Special charges (income) and other, net**: 1,100,000 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-q3-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/mchp-fy2024-q3-revenue-by-business-segment-sankey.png

Income statement for 2023-10-01 through 2023-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 1,765,700,000 US dollars
- **Cost of sales**: 645,700,000 US dollars
- **Gross profit**: 1,120,000,000 US dollars
- **Operating expenses**: 590,600,000 US dollars
- **Operating income**: 529,400,000 US dollars
- **Other income (expense), net (calculated)**: negative 45,100,000 US dollars
- **Income before income taxes**: 484,300,000 US dollars
- **Income tax provision**: 65,100,000 US dollars
- **Net income**: 419,200,000 US dollars
- **Semiconductor products**: 1,741,500,000 US dollars
- **Technology licensing**: 24,200,000 US dollars
- **Research and development**: 266,000,000 US dollars
- **Selling, general and administrative**: 172,200,000 US dollars
- **Amortization of acquired intangible assets**: 151,300,000 US dollars
- **Special charges (income) and other, net**: 1,100,000 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-q3-income-statement/revenue-by-sales-channel
- Chart image: https://plicit.ai/charts/mchp-fy2024-q3-revenue-by-sales-channel-sankey.png

Income statement for 2023-10-01 through 2023-12-31. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 1,765,700,000 US dollars
- **Cost of sales**: 645,700,000 US dollars
- **Gross profit**: 1,120,000,000 US dollars
- **Operating expenses**: 590,600,000 US dollars
- **Operating income**: 529,400,000 US dollars
- **Other income (expense), net (calculated)**: negative 45,100,000 US dollars
- **Income before income taxes**: 484,300,000 US dollars
- **Income tax provision**: 65,100,000 US dollars
- **Net income**: 419,200,000 US dollars
- **Distributors**: 767,600,000 US dollars
- **Direct customers**: 973,900,000 US dollars
- **Licensees**: 24,200,000 US dollars
- **Research and development**: 266,000,000 US dollars
- **Selling, general and administrative**: 172,200,000 US dollars
- **Amortization of acquired intangible assets**: 151,300,000 US dollars
- **Special charges (income) and other, net**: 1,100,000 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.