Microchip Technology (MCHP) Change in Taxes (2017 - 2026)
Microchip Technology's (MCHP) quarterly Change in Taxes came in at $29.4 million in Q2 2026, up 739.13% year-over-year from $3.5 million in Q2 2025, and up 48.48% quarter-over-quarter from $19.8 million in Q1 2026.
Analysis
Microchip Technology (MCHP) Change in Taxes (2017 - 2026) Analysis & Trends
Microchip Technology has disclosed Change in Taxes across 10 years of filings, most recently posting $29.4 million for Q2 2026.
- In Q2 2026, Change in Taxes rose 739.13% year-over-year to $29.4 million; the TTM figure through Jun 2026 stood at -$113.7 million (down 232.46% YoY), while the FY2026 annual figure was -$147.7 million, down 8105.56% from the prior year.
- Change in Taxes came in at $29.4 million for Q2 2026 at Microchip Technology, up from $19.8 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $107.0 million in Q2 2023 to a low of -$174.8 million in Q3 2025.
- Average Change in Taxes over 5 years is -$10.9 million, with a median of -$6.4 million recorded in 2025.
- Year-over-year, Change in Taxes slumped 657.39% in 2023 and soared 739.13% in 2026.
- Over 5 years, Change in Taxes stood at $26.0 million in 2022, then sank by 378.46% to -$72.4 million in 2023, then soared by 192.96% to $67.3 million in 2024, then slumped by 82.32% to $11.9 million in 2025, then surged by 147.06% to $29.4 million in 2026.
- Per Business Quant data, the three most recent Change in Taxes figures were $29.4 million in Q2 2026, $19.8 million in Q1 2026, and $11.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,257.24 Bn | 2,151.86 Bn | 27.22 Bn | -5.95 Bn |
| 2 | Micron Technology | 1,157.14 Bn | 1,131.11 Bn | 35.06 Bn | - |
| 3 | Intel | 540.11 Bn | 510.38 Bn | 6.51 Bn | -646.00 Mn |
| 4 | Texas Instruments | 238.20 Bn | 231.20 Bn | 3.35 Bn | -14.00 Mn |
| 5 | Analog Devices | 177.02 Bn | 174.69 Bn | 2.71 Bn | - |
| 6 | NXP Semiconductors | 56.40 Bn | 53.18 Bn | 2.00 Bn | - |
| 7 | United Microelectronics | 55.29 Bn | 51.33 Bn | 706.26 Mn | - |
| 8 | STMicroelectronics | 46.05 Bn | 41.79 Bn | 1.22 Bn | - |
| 9 | Microchip Technology | 39.55 Bn | 39.28 Bn | 938.90 Mn | 29.40 Mn |
| 10 | On Semiconductor | 27.67 Bn | 23.80 Bn | 616.30 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.40 Mn |
| Mar 31, 2026 | 19.80 Mn |
| Dec 31, 2025 | 11.90 Mn |
| Sep 30, 2025 | -174.80 Mn |
| Jun 30, 2025 | -4.60 Mn |
| Mar 31, 2025 | -8.30 Mn |
| Dec 31, 2024 | 67.30 Mn |
| Sep 30, 2024 | -88.60 Mn |
| Jun 30, 2024 | 27.80 Mn |
| Mar 31, 2024 | 60.20 Mn |
| Dec 31, 2023 | -72.40 Mn |
| Sep 30, 2023 | -133.30 Mn |
| Jun 30, 2023 | 107.00 Mn |
| Mar 31, 2023 | -12.00 Mn |
| Dec 31, 2022 | 26.00 Mn |
| Sep 30, 2022 | -17.60 Mn |
| Jun 30, 2022 | -24.40 Mn |
| Mar 31, 2022 | -10.10 Mn |
| Dec 31, 2021 | 45.80 Mn |
| Sep 30, 2021 | -27.40 Mn |