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| Date | Value |
|---|---|
| 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 |