Microchip Technology (MCHPP) Change in Taxes (2017 - 2026)

Microchip Technology (MCHPP) posted Change in Taxes of $19.8 million for Q1 2026, up 66.39% sequentially from $11.9 million in Q4 2025, and up 338.55% YoY from $4.5 million in Q1 2025.

Microchip Technology (MCHPP) Change in Taxes (2017 - 2026) Analysis & Trends

Microchip Technology (MCHPP) has 10 years of Change in Taxes data on file, last reported at $19.8 million in Q1 2026.

  • Quarterly Change in Taxes rose 338.55% year-over-year to $19.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$147.7 million (down 8105.56% YoY) and the FY2026 annual result came in at -$147.7 million, down 8105.56% from the prior year.
  • Change in Taxes grew to $19.8 million in Q1 2026 per MCHPP's latest filing, from $11.9 million in the prior quarter.
  • The five-year high for Change in Taxes was $107.0 million in Q2 2023, with the low at -$174.8 million in Q3 2025.
  • Average Change in Taxes over 5 years is -$13.3 million, with a median of -$8.3 million recorded in 2025.
  • Year-over-year, Change in Taxes sank 657.39% in 2023 and jumped 601.67% in 2024.
  • Microchip Technology's Change in Taxes stood at $26.0 million in 2022, then plunged by 378.46% to -$72.4 million in 2023, then soared by 192.96% to $67.3 million in 2024, then sank by 82.32% to $11.9 million in 2025, then surged by 66.39% to $19.8 million in 2026.
  • Business Quant data shows MCHPP's Change in Taxes at $19.8 million in Q1 2026, $11.9 million in Q4 2025, and -$174.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Taxes (Qtr)
1 Nvidia 4,798.43 Bn 4,754.95 Bn 61.16 Bn -
2 Micron Technology 1,164.41 Bn 1,138.39 Bn 35.06 Bn -
3 Advanced Micro Devices 882.18 Bn 869.83 Bn 5.42 Bn -
4 Intel 645.64 Bn 626.45 Bn 5.35 Bn 169.00 Mn
5 Aeluma 370.26 Bn 370.22 Bn 386,000.00 -
6 Arm Holdings 358.73 Bn 355.13 Bn 1.46 Bn 53.00 Mn
7 Texas Instruments 271.25 Bn 266.15 Bn 2.80 Bn 130.00 Mn
8 Marvell Technology 239.95 Bn 236.10 Bn 1.26 Bn -
9 Qualcomm 193.93 Bn 184.13 Bn 4.16 Bn -
10 Microchip Technology - - 799.60 Mn 19.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.80 Mn
Mar 31, 2026 19.80 Mn
Dec 31, 2025 11.90 Mn
Dec 31, 2025 11.90 Mn
Sep 30, 2025 -174.80 Mn
Sep 30, 2025 -174.80 Mn
Jun 30, 2025 -4.60 Mn
Jun 30, 2025 -4.60 Mn
Mar 31, 2025 -8.30 Mn
Mar 31, 2025 -8.30 Mn
Dec 31, 2024 67.30 Mn
Dec 31, 2024 67.30 Mn
Sep 30, 2024 -88.60 Mn
Sep 30, 2024 -88.60 Mn
Jun 30, 2024 27.80 Mn
Jun 30, 2024 27.80 Mn
Mar 31, 2024 60.20 Mn
Mar 31, 2024 60.20 Mn
Dec 31, 2023 -72.40 Mn
Dec 31, 2023 -72.40 Mn