Name: Microchip Technology Inc. (NASDAQ:MCHP) | Analysis of Revenues
Creator: Stock Analysis on Net

Analysis of Revenues

Revenues as Reported

Revenues as Reported

Microchip Technology Inc., income statement, revenues

US$ in thousands

12 months ended:	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017
Microcontrollers	3,814,800)	2,961,000)	2,817,900)	2,921,900)	—)	—)
Analog	1,939,100)	1,519,800)	1,511,100)	1,530,700)	—)	—)
Other	1,067,000)	957,600)	945,200)	896,900)	—)	—)
Net sales	6,820,900)	5,438,400)	5,274,200)	5,349,500)	—)	—)

Based on: 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31).

Revenue Trends for Microcontrollers: The revenue generated from microcontrollers showed a slight decline initially, decreasing from 2,921,900 thousand US dollars in 2020 to 2,817,900 thousand US dollars in 2021. However, there was a significant rebound in 2022, with revenue rising sharply to 3,814,800 thousand US dollars. This indicates volatility but an overall positive trend over the observed periods.
Revenue Trends for Analog: The analog segment maintained relatively stable revenue figures from 2020 through 2021, with a modest fluctuation from 1,530,700 thousand US dollars in 2020 to 1,511,100 thousand US dollars in 2021. The segment experienced a notable increase in 2022, reaching 1,939,100 thousand US dollars. This suggests renewed growth momentum in this category during the most recent year.
Revenue Trends for Other: The revenue from other product lines displayed consistent growth across the years under review. Starting at 896,900 thousand US dollars in 2020, revenue steadily increased to 945,200 thousand US dollars in 2021, and further to 1,067,000 thousand US dollars in 2022. This consistent growth indicates an expanding contribution of miscellaneous revenues to the company's total sales.
Total Net Sales Analysis: Total net sales exhibited a slight downward trend from 5,349,500 thousand US dollars in 2020 to 5,274,200 thousand US dollars in 2021. This was followed by a recovery in 2022, with net sales increasing considerably to 6,820,900 thousand US dollars. The overall pattern shows some short-term variability but a clear upward trajectory in the latest fiscal year.
Summary of Overall Observations: The data reflects a degree of variability in annual revenues across the segments, with a general pattern of stable to moderate declines followed by a strong recovery in 2022. The microcontrollers segment experienced the most pronounced rebound, whereas the analog segment remained relatively stable before increasing. The 'Other' segment consistently contributed increasing revenues. Collectively, these patterns culminated in an overall increase in net sales in 2022, suggesting improving market conditions or enhanced operational performance during that period.

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