Microchip Technology (MCHP) Operating Expenses (2009 - 2026)
Microchip Technology (MCHP) posted Operating Expenses of $582.2 million for Q1 2026, up 4.86% sequentially from $555.2 million in Q4 2025, and down 3.19% YoY from $601.4 million in Q1 2025.
Microchip Technology (MCHP) Operating Expenses (2009 - 2026) Analysis & Trends
Microchip Technology has reported Operating Expenses for 18 years, with the latest figure at $582.2 million in Q1 2026.
- Quarterly Operating Expenses fell 3.19% year-over-year to $582.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.2 billion (up 2.74% YoY) and the FY2026 annual result came in at $2.2 billion, up 2.74% from the prior year.
- Operating Expenses advanced to $582.2 million in Q1 2026 per MCHP's latest filing, from $555.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $671.3 million in Q1 2023 and troughed at $517.8 million in Q2 2024.
- A 5-year average of $592.9 million and a median of $590.6 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses retreated 20.98% in 2024, then grew 12.12% in 2025.
- Over 5 years, Operating Expenses stood at $659.2 million in 2022, then declined by 10.41% to $590.6 million in 2023, then declined by 10.18% to $530.5 million in 2024, then increased by 4.66% to $555.2 million in 2025, then increased by 4.86% to $582.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $582.2 million, $555.2 million, and $549.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,000.69 Bn | 4,957.21 Bn | 61.16 Bn | 7.62 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,106.48 Bn | 2,009.53 Bn | 23.77 Bn | 2.97 Bn |
| 3 | Broadcom | 1,866.23 Bn | 1,846.60 Bn | 15.42 Bn | 4.63 Bn |
| 4 | Micron Technology | 1,057.61 Bn | 1,031.59 Bn | 35.06 Bn | 1.72 Bn |
| 5 | Advanced Micro Devices | 822.43 Bn | 810.09 Bn | 5.42 Bn | 3.94 Bn |
| 6 | Intel | 458.91 Bn | 444.79 Bn | 6.51 Bn | 4.71 Bn |
| 7 | Aeluma | 301.08 Bn | 301.05 Bn | 386,000.00 | 2.13 Mn |
| 8 | Arm Holdings | 255.32 Bn | 251.43 Bn | 1.25 Bn | -1.16 Bn |
| 9 | Texas Instruments | 245.36 Bn | 238.36 Bn | 3.35 Bn | 1.04 Bn |
| 10 | Microchip Technology | 43.51 Bn | 43.27 Bn | 799.60 Mn | 582.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 638.80 Mn |