Microchip Technology (MCHP) Tax Provisions (2009 - 2026)
Microchip Technology's (MCHP) quarterly Tax Provisions came in at $60.1 million in Q2 2026, up 2046.43% year-over-year from $2.8 million in Q2 2025, and up 205.08% quarter-over-quarter from $19.7 million in Q1 2026.
Analysis
Microchip Technology (MCHP) Tax Provisions (2009 - 2026) Analysis & Trends
Microchip Technology has disclosed Tax Provisions across 18 years of filings, most recently posting $60.1 million for Q2 2026.
- In Q2 2026, Tax Provisions rose 2046.43% year-over-year to $60.1 million; the TTM figure through Jun 2026 stood at $100.8 million (up 939.18% YoY), while the FY2026 annual figure was $43.5 million, up 10.41% from the prior year.
- Tax Provisions came in at $60.1 million for Q2 2026 at Microchip Technology, up from $19.7 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $197.8 million in Q1 2023 to a low of -$13.7 million in Q1 2025.
- Average Tax Provisions over 5 years is $73.1 million, with a median of $43.2 million recorded in 2022.
- Year-over-year, Tax Provisions tumbled 175.57% in 2025 and jumped 2046.43% in 2026.
- Over 5 years, Tax Provisions stood at $181.9 million in 2022, then plunged by 64.21% to $65.1 million in 2023, then sank by 88.48% to $7.5 million in 2024, then surged by 312.0% to $30.9 million in 2025, then soared by 94.5% to $60.1 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $60.1 million in Q2 2026, $19.7 million in Q1 2026, and $30.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,257.24 Bn | 2,151.86 Bn | 27.22 Bn | 4.92 Bn |
| 2 | Micron Technology | 1,157.14 Bn | 1,131.11 Bn | 35.06 Bn | 4.98 Bn |
| 3 | Intel | 540.11 Bn | 510.38 Bn | 6.51 Bn | 29.00 Mn |
| 4 | Texas Instruments | 238.20 Bn | 231.20 Bn | 3.35 Bn | 258.00 Mn |
| 5 | Analog Devices | 177.02 Bn | 174.69 Bn | 2.71 Bn | 205.78 Mn |
| 6 | NXP Semiconductors | 56.40 Bn | 53.18 Bn | 2.00 Bn | 189.00 Mn |
| 7 | United Microelectronics | 55.29 Bn | 51.33 Bn | 706.26 Mn | -93.72 Mn |
| 8 | STMicroelectronics | 46.05 Bn | 41.79 Bn | 1.22 Bn | -30.00 Mn |
| 9 | Microchip Technology | 39.55 Bn | 39.28 Bn | 938.90 Mn | 60.10 Mn |
| 10 | On Semiconductor | 27.67 Bn | 23.80 Bn | 616.30 Mn | 43.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 60.10 Mn |
| Mar 31, 2026 | 19.70 Mn |
| Dec 31, 2025 | 30.90 Mn |
| Sep 30, 2025 | -9.90 Mn |
| Jun 30, 2025 | 2.80 Mn |
| Mar 31, 2025 | -13.70 Mn |
| Dec 31, 2024 | 7.50 Mn |
| Sep 30, 2024 | 13.10 Mn |
| Jun 30, 2024 | 32.50 Mn |
| Mar 31, 2024 | 45.00 Mn |
| Dec 31, 2023 | 65.10 Mn |
| Sep 30, 2023 | 167.00 Mn |
| Jun 30, 2023 | 181.90 Mn |
| Mar 31, 2023 | 197.80 Mn |
| Dec 31, 2022 | 181.90 Mn |
| Sep 30, 2022 | 152.90 Mn |
| Jun 30, 2022 | 139.40 Mn |
| Mar 31, 2022 | 41.30 Mn |
| Dec 31, 2021 | 88.70 Mn |
| Sep 30, 2021 | 22.80 Mn |