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| Date | Value |
|---|---|
| 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 |