Microchip Technology vs Qorvo
Microchip Technology reported revenue of $4.7 billion in fiscal 2026, 1.3 times Qorvo's $3.7 billion in fiscal 2026. Microchip Technology's revenue grew 7.1% in its latest year, and Qorvo's fell 1.1%. Microchip Technology had an operating margin of 10.4%, against 11.2% at Qorvo. Free cash flow was $871 million at Microchip Technology and $680 million at Qorvo. Their fiscal years end in different months (March 31 and March 28), so the periods don't line up exactly.
Side by side
| Microchip Technology | Qorvo | |
|---|---|---|
| Latest fiscal year | FY2026, Mar 31, 2026 | FY2026, Mar 28, 2026 |
| Revenue | $4.7B | $3.7B |
| Revenue growth | 7.1% | −1.1% |
| Revenue growth a year, last 5 years | −2.8% | −1.7% |
| Gross margin | 57.7% | 45.9% |
| Operating margin | 10.4% | 11.2% |
| Net margin | 4.9% | 9.2% |
| Free cash flow | $871M | $680M |
| Free cash flow margin | 18.5% | 18.5% |
| Return on capital | 3.5% | 9.2% |
| Net debt to EBITDA | 4.5x | 0.5x |
| Dividends and buybacks | $984M | $533M |
| Change in diluted share count | 1.5% | −2.0% |
| Last close | $58.35 | $114.17 |
| P/E at the last close | 43.9× | 31.5× |
| Insider trades, last 12 months | sold $71.1 million | sold $210.5 million |
| Piotroski F-score | 6 of 9 | 8 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Microchip TechnologyQorvo
Operating margin
Percent of revenue
Microchip TechnologyQorvo
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Microchip TechnologyQorvo
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Microchip Technology and Qorvo pages.