Revenue breakdown by Products & Services
Revenue breakdown by Geography

Microchip Technology Incorporated's Revenue by Segment

In fiscal year 2025, Microchip Technology Incorporated's revenue by segment (products & services) are as follows:

  • Merchant Network: $882.66 M
  • Virtual Card Network: $231.31 M

Learn more about Microchip Technology Incorporated’s Revenue by Geography

Check out competitors to Microchip Technology Incorporated in a side-by-side comparison.

Explore additional financial metrics for Microchip Technology Incorporated.

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The above chart shows Microchip Technology Incorporated's revenue percentage share by segment (products and services).

In fiscal year 2023, Microchip Technology Incorporated's revenue by segment is as follows:

  • Merchant Network generated $507.60 M in revenue, representing 80.96% of its total revenue.
  • Virtual Card Network generated $119.34 M in revenue, representing 19.04% of its total revenue.

The biggest segment for Microchip Technology Incorporated is the Merchant Network, which represents 80.96% of its total revenue.
The smallest segment for Microchip Technology Incorporated is the Virtual Card Network, which represents 19.04% of its total revenue.

The above chart shows Microchip Technology Incorporated's revenue percentage share by segment (products and services).

In fiscal year 2024, Microchip Technology Incorporated's revenue by segment is as follows:

  • Merchant Network generated $674.61 M in revenue, representing 81.67% of its total revenue.
  • Virtual Card Network generated $151.40 M in revenue, representing 18.33% of its total revenue.

The biggest segment for Microchip Technology Incorporated is the Merchant Network, which represents 81.67% of its total revenue.
The smallest segment for Microchip Technology Incorporated is the Virtual Card Network, which represents 18.33% of its total revenue.

The above chart shows Microchip Technology Incorporated's revenue percentage share by segment (products and services).

In fiscal year 2025, Microchip Technology Incorporated's revenue by segment is as follows:

  • Merchant Network generated $882.66 M in revenue, representing 79.24% of its total revenue.
  • Virtual Card Network generated $231.31 M in revenue, representing 20.76% of its total revenue.

The biggest segment for Microchip Technology Incorporated is the Merchant Network, which represents 79.24% of its total revenue.
The smallest segment for Microchip Technology Incorporated is the Virtual Card Network, which represents 20.76% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2023 2024 2025
Merchant Network 80.96% 81.67% 79.24%
Virtual Card Network 19.04% 18.33% 20.76%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Microchip Technology Incorporated.

In fiscal year 2025, the Merchant Network generated the most revenue ($882.66 M), and the Virtual Card Network generated the least revenue ($231.31 M).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Merchant Network revenue increased 30.84% ($208.05 M) from $674.61 M (in 2024) to $882.66 M (in 2025).
  • Virtual Card Network revenue increased 52.78% ($79.91 M) from $151.40 M (in 2024) to $231.31 M (in 2025).
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    Summary Table

    Products & Services 2023 2024 2025
    Merchant Network $507.60 M - $674.61 M
    32.90%
    $882.66 M
    30.84%
    Virtual Card Network $119.34 M - $151.40 M
    26.87%
    $231.31 M
    52.78%
    Total Revenue $626.94 M - $826.01 M
    31.75%
    $1.11 B
    34.86%