Microchip Technology (MCHP) Tax Provisions (2009 - 2026)

Microchip Technology (MCHP) posted Tax Provisions of $19.7 million for Q1 2026, down 36.25% sequentially from $30.9 million in Q4 2025, and up 243.8% YoY from $5.7 million in Q1 2025.

Microchip Technology (MCHP) Tax Provisions (2009 - 2026) Analysis & Trends

Microchip Technology has reported Tax Provisions for 18 years, with the latest figure at $19.7 million in Q1 2026.

  • Quarterly Tax Provisions rose 243.8% year-over-year to $19.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $43.5 million (up 10.41% YoY) and the FY2026 annual result came in at $43.5 million, up 10.41% from the prior year.
  • Tax Provisions retreated to $19.7 million in Q1 2026 per MCHP's latest filing, from $30.9 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $197.8 million in Q1 2023 and troughed at -$13.7 million in Q1 2025.
  • A 5-year average of $73.8 million and a median of $41.3 million in 2022 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2022 and 2025: Tax Provisions soared 570.61% in 2022, then plunged 175.57% in 2025.
  • Over 5 years, Tax Provisions stood at $181.9 million in 2022, then slumped by 64.21% to $65.1 million in 2023, then tumbled by 88.48% to $7.5 million in 2024, then jumped by 312.0% to $30.9 million in 2025, then slumped by 36.25% to $19.7 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $19.7 million, $30.9 million, and -$9.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Nvidia 5,000.69 Bn 4,957.21 Bn 61.16 Bn 11.60 Bn
2 Taiwan Semiconductor Manufacturing 2,106.48 Bn 2,009.53 Bn 23.77 Bn 3.64 Bn
3 Broadcom 1,866.23 Bn 1,846.60 Bn 15.42 Bn 820.00 Mn
4 Micron Technology 1,057.61 Bn 1,031.59 Bn 35.06 Bn 4.98 Bn
5 Advanced Micro Devices 822.43 Bn 810.09 Bn 5.42 Bn 238.00 Mn
6 Intel 458.91 Bn 444.79 Bn 6.51 Bn 29.00 Mn
7 Aeluma 301.08 Bn 301.05 Bn 386,000.00 -
8 Arm Holdings 255.32 Bn 251.43 Bn 1.25 Bn 17.00 Mn
9 Texas Instruments 245.36 Bn 238.36 Bn 3.35 Bn 258.00 Mn
10 Microchip Technology 43.51 Bn 43.27 Bn 799.60 Mn 19.70 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 44.20 Mn