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 (MCHP) has 10 years of Change in Taxes data on file, last reported 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.
  • The five-year high for Change in Taxes was $107.0 million in Q2 2023, with the low at -$174.8 million in Q3 2025.
  • Average Change in Taxes over 5 years is -$13.3 million, with a median of -$8.3 million recorded in 2025.
  • Year-over-year, Change in Taxes sank 657.39% in 2023 and jumped 601.67% in 2024.
  • Microchip Technology's Change in Taxes stood at $26.0 million in 2022, then plunged by 378.46% to -$72.4 million in 2023, then soared by 192.96% to $67.3 million in 2024, then sank by 82.32% to $11.9 million in 2025, then surged by 66.39% to $19.8 million in 2026.
  • Business Quant data shows MCHP's Change in Taxes at $19.8 million in Q1 2026, $11.9 million in Q4 2025, and -$174.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Taxes (Qtr)
1 Nvidia 4,798.43 Bn 4,754.95 Bn 61.16 Bn -
2 Micron Technology 1,164.41 Bn 1,138.39 Bn 35.06 Bn -
3 Advanced Micro Devices 882.18 Bn 869.83 Bn 5.42 Bn -
4 Intel 645.64 Bn 626.45 Bn 5.35 Bn 169.00 Mn
5 Aeluma 370.26 Bn 370.22 Bn 386,000.00 -
6 Arm Holdings 358.73 Bn 355.13 Bn 1.46 Bn 53.00 Mn
7 Texas Instruments 271.25 Bn 266.15 Bn 2.80 Bn 130.00 Mn
8 Marvell Technology 239.95 Bn 236.10 Bn 1.26 Bn -
9 Qualcomm 193.93 Bn 184.13 Bn 4.16 Bn -
10 Microchip Technology 47.93 Bn 47.69 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