Microchip Technology (MCHP) Tax Rate (2009 - 2026)
Microchip Technology (MCHP) posted Tax Rate of 12.02% for Q1 2026, down 63.59% sequentially from 33.01% in Q4 2025, and up 388.0% YoY from 2.46% in Q1 2025.
Microchip Technology (MCHP) Tax Rate (2009 - 2026) Analysis & Trends
Microchip Technology has reported Tax Rate for 18 years, with the latest figure at 12.02% in Q1 2026.
- Quarterly Tax Rate rose 388.0% year-over-year to 12.02% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.9% (down 8538.0% YoY) and the FY2026 annual result came in at 15.9%, down 8538.0% from the prior year.
- Tax Rate eased to 12.02% in Q1 2026 per MCHP's latest filing, from 33.01% in the prior quarter.
- Over five years, Tax Rate peaked at 33.01% in Q4 2025 and troughed at 31.13% in Q3 2025.
- A 5-year average of 11.79% and a median of 20.03% in 2023 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 4928 bps in 2025, down 4545 bps in 2025.
- Over 5 years, Tax Rate stood at 23.87% in 2022, then slumped by 44 bps to 13.44% in 2023, then slumped by 221 bps to 16.27% in 2024, then surged by 303 bps to 33.01% in 2025, then sank by 64 bps to 12.02% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 12.02%, 33.01%, and 31.13% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,000.69 Bn | 4,957.21 Bn | 61.16 Bn | 16.59% |
| 2 | Taiwan Semiconductor Manufacturing | 2,106.48 Bn | 2,009.53 Bn | 23.77 Bn | 16.72% |
| 3 | Broadcom | 1,866.23 Bn | 1,846.60 Bn | 15.42 Bn | 8.09% |
| 4 | Micron Technology | 1,057.61 Bn | 1,031.59 Bn | 35.06 Bn | 14.99% |
| 5 | Advanced Micro Devices | 822.43 Bn | 810.09 Bn | 5.42 Bn | 14.84% |
| 6 | Intel | 458.91 Bn | 444.79 Bn | 6.51 Bn | -0.27% |
| 7 | Aeluma | 301.08 Bn | 301.05 Bn | 386,000.00 | - |
| 8 | Arm Holdings | 255.32 Bn | 251.43 Bn | 1.25 Bn | 6.72% |
| 9 | Texas Instruments | 245.36 Bn | 238.36 Bn | 3.35 Bn | 11.53% |
| 10 | Microchip Technology | 43.51 Bn | 43.27 Bn | 799.60 Mn | 12.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.02% |
| Mar 31, 2026 | 12.02% |
| Mar 31, 2026 | 12.02% |
| Dec 31, 2025 | 33.01% |
| Dec 31, 2025 | 33.01% |
| Dec 31, 2025 | 33.01% |
| Sep 30, 2025 | -31.13% |
| Sep 30, 2025 | -31.13% |
| Sep 30, 2025 | -31.13% |
| Jun 30, 2025 | -17.72% |
| Jun 30, 2025 | -17.72% |
| Jun 30, 2025 | -17.72% |
| Mar 31, 2025 | 8.14% |
| Mar 31, 2025 | 8.14% |
| Mar 31, 2025 | 8.14% |
| Dec 31, 2024 | -16.27% |
| Dec 31, 2024 | -16.27% |
| Dec 31, 2024 | -16.27% |
| Sep 30, 2024 | 14.32% |
| Sep 30, 2024 | 14.32% |