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

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

Income statement for 2023-04-01 through 2023-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales

6,308,600,000 US dollars

Cost of sales

2,102,800,000 US dollars

Gross profit

4,205,800,000 US dollars

Operating expenses

1,888,300,000 US dollars

Operating income

2,317,500,000 US dollars

Other income (expense), net (calculated)

negative 151,300,000 US dollars

Income before income taxes

2,166,200,000 US dollars

Income tax provision

414,000,000 US dollars

Net income

1,752,200,000 US dollars

Semiconductor products

6,224,000,000 US dollars

Technology licensing

84,600,000 US dollars

Research and development

857,100,000 US dollars

Selling, general and administrative

572,400,000 US dollars

Amortization of acquired intangible assets

454,200,000 US dollars

Special charges (income) and other, net

4,600,000 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.