Microchip Technology (MCHP) Change in Taxes (2017 - 2026)

Microchip Technology (MCHP) posted Change in Taxes of $19.8 million for Q1 2026, up 66.39% sequentially from $11.9 million in Q4 2025, and up 338.55% YoY from $4.5 million in Q1 2025.

Microchip Technology (MCHP) Change in Taxes (2017 - 2026) Analysis & Trends

Microchip Technology has reported Change in Taxes for 10 years, with the latest figure at $19.8 million in Q1 2026.

  • Quarterly Change in Taxes rose 338.55% year-over-year to $19.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$147.7 million (down 8105.56% YoY) and the FY2026 annual result came in at -$147.7 million, down 8105.56% from the prior year.
  • Change in Taxes grew to $19.8 million in Q1 2026 per MCHP's latest filing, from $11.9 million in the prior quarter.
  • Over five years, Change in Taxes peaked at $107.0 million in Q2 2023 and troughed at -$174.8 million in Q3 2025.
  • A 5-year average of -$13.3 million and a median of -$8.3 million in 2025 frame the typical range for Change in Taxes.
  • The sharpest annual moves came in 2023 and 2024: Change in Taxes tumbled 657.39% in 2023, then surged 601.67% in 2024.
  • Over 5 years, Change in Taxes stood at $26.0 million in 2022, then tumbled by 378.46% to -$72.4 million in 2023, then surged by 192.96% to $67.3 million in 2024, then plunged by 82.32% to $11.9 million in 2025, then jumped by 66.39% to $19.8 million in 2026.
  • According to Business Quant data, Change in Taxes over the past three periods registered $19.8 million, $11.9 million, and -$174.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Nvidia 5,000.69 Bn 4,957.21 Bn 61.16 Bn -
2 Taiwan Semiconductor Manufacturing 2,106.48 Bn 2,009.53 Bn 23.77 Bn -47.50 Mn
3 Broadcom 1,866.23 Bn 1,846.60 Bn 15.42 Bn -
4 Micron Technology 1,057.61 Bn 1,031.59 Bn 35.06 Bn -
5 Advanced Micro Devices 822.43 Bn 810.09 Bn 5.42 Bn -
6 Intel 458.91 Bn 444.79 Bn 6.51 Bn -646.00 Mn
7 Aeluma 301.08 Bn 301.05 Bn 386,000.00 -
8 Arm Holdings 255.32 Bn 251.43 Bn 1.25 Bn -3.00 Mn
9 Texas Instruments 245.36 Bn 238.36 Bn 3.35 Bn -14.00 Mn
10 Microchip Technology 43.51 Bn 43.27 Bn 799.60 Mn 19.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.80 Mn
Mar 31, 2026 19.80 Mn
Dec 31, 2025 11.90 Mn
Dec 31, 2025 11.90 Mn
Sep 30, 2025 -174.80 Mn
Sep 30, 2025 -174.80 Mn
Jun 30, 2025 -4.60 Mn
Jun 30, 2025 -4.60 Mn
Mar 31, 2025 -8.30 Mn
Mar 31, 2025 -8.30 Mn
Dec 31, 2024 67.30 Mn
Dec 31, 2024 67.30 Mn
Sep 30, 2024 -88.60 Mn
Sep 30, 2024 -88.60 Mn
Jun 30, 2024 27.80 Mn
Jun 30, 2024 27.80 Mn
Mar 31, 2024 60.20 Mn
Mar 31, 2024 60.20 Mn
Dec 31, 2023 -72.40 Mn
Dec 31, 2023 -72.40 Mn