Microchip Technology (MCHP) Operating Expenses (2009 - 2026)
Microchip Technology's (MCHP) quarterly Operating Expenses came in at $602.1 million in Q2 2026, up 10.56% year-over-year from $544.6 million in Q2 2025, and up 3.42% quarter-over-quarter from $582.2 million in Q1 2026.
Analysis
Microchip Technology (MCHP) Operating Expenses (2009 - 2026) Analysis & Trends
Microchip Technology has disclosed Operating Expenses across 18 years of filings, most recently posting $602.1 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 10.56% year-over-year to $602.1 million; the TTM figure through Jun 2026 stood at $2.3 billion (up 4.1% YoY), while the FY2026 annual figure was $2.2 billion, up 2.74% from the prior year.
- Operating Expenses came in at $602.1 million for Q2 2026 at Microchip Technology, up from $582.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $671.3 million in Q1 2023 to a low of $517.8 million in Q2 2024.
- Average Operating Expenses over 5 years is $593.5 million, with a median of $596.0 million recorded in 2023.
- Year-over-year, Operating Expenses fell 20.98% in 2024 and climbed 12.12% in 2025.
- Over 5 years, Operating Expenses stood at $659.2 million in 2022, then slipped by 10.41% to $590.6 million in 2023, then slipped by 10.18% to $530.5 million in 2024, then climbed by 4.66% to $555.2 million in 2025, then gained by 8.45% to $602.1 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $602.1 million in Q2 2026, $582.2 million in Q1 2026, and $555.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,257.24 Bn | 2,151.86 Bn | 27.22 Bn | 3.13 Bn |
| 2 | Micron Technology | 1,157.14 Bn | 1,131.11 Bn | 35.06 Bn | 1.72 Bn |
| 3 | Intel | 540.11 Bn | 510.38 Bn | 6.51 Bn | 4.71 Bn |
| 4 | Texas Instruments | 238.20 Bn | 231.20 Bn | 3.35 Bn | 1.04 Bn |
| 5 | Analog Devices | 177.02 Bn | 174.69 Bn | 2.71 Bn | 1.09 Bn |
| 6 | NXP Semiconductors | 56.40 Bn | 53.18 Bn | 2.00 Bn | 926.00 Mn |
| 7 | United Microelectronics | 55.29 Bn | 51.33 Bn | 706.26 Mn | -226.94 Mn |
| 8 | STMicroelectronics | 46.05 Bn | 41.79 Bn | 1.22 Bn | -1.03 Bn |
| 9 | Microchip Technology | 39.55 Bn | 39.28 Bn | 938.90 Mn | 602.10 Mn |
| 10 | On Semiconductor | 27.67 Bn | 23.80 Bn | 616.30 Mn | 357.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 602.10 Mn |
| Mar 31, 2026 | 582.20 Mn |
| Dec 31, 2025 | 555.20 Mn |
| Sep 30, 2025 | 549.00 Mn |
| Jun 30, 2025 | 544.60 Mn |
| Mar 31, 2025 | 601.40 Mn |
| Dec 31, 2024 | 530.50 Mn |
| Sep 30, 2024 | 521.90 Mn |
| Jun 30, 2024 | 517.80 Mn |
| Mar 31, 2024 | 536.40 Mn |
| Dec 31, 2023 | 590.60 Mn |
| Sep 30, 2023 | 642.40 Mn |
| Jun 30, 2023 | 655.30 Mn |
| Mar 31, 2023 | 671.30 Mn |
| Dec 31, 2022 | 659.20 Mn |
| Sep 30, 2022 | 642.80 Mn |
| Jun 30, 2022 | 608.60 Mn |
| Mar 31, 2022 | 670.90 Mn |
| Dec 31, 2021 | 638.30 Mn |
| Sep 30, 2021 | 652.00 Mn |