Microchip Technology MCHP
NASDAQ MCHP
$73.01 -0.37 (-0.50%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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