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

Microchip Technology's (MCHPP) quarterly Tax Provisions came in at $19.7 million in Q1 2026, up 243.8% year-on-year from $5.7 million in Q1 2025, and down 36.25% quarter-over-quarter from $30.9 million in Q4 2025.

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

Microchip Technology has disclosed Tax Provisions across 18 years of filings, most recently posting $19.7 million for Q1 2026.

  • Tax Provisions for Q1 2026 came in at $19.7 million, up 243.8% year-over-year; the trailing twelve-month figure through Mar 2026 was $43.5 million (up 10.41% YoY), and the FY2026 annual result was $43.5 million, up 10.41% from the prior year.
  • Tax Provisions came in at $19.7 million for Q1 2026 at Microchip Technology, down from $30.9 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.
  • The 5-year median for Tax Provisions is $41.3 million (2022), against an average of $73.8 million.
  • Across the five-year window, Tax Provisions jumped 570.61% in 2022 and plunged 175.57% in 2025, its largest moves.
  • Microchip Technology's 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 surged by 312.0% to $30.9 million in 2025, then slumped by 36.25% to $19.7 million in 2026.
  • The last three Tax Provisions figures came in at $19.7 million (Q1 2026), $30.9 million (Q4 2025), and -$9.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Nvidia 5,119.49 Bn 5,076.01 Bn 61.16 Bn 11.60 Bn
2 Broadcom 1,946.04 Bn 1,926.41 Bn 15.42 Bn 820.00 Mn
3 Micron Technology 1,288.71 Bn 1,274.12 Bn 17.76 Bn 2.37 Bn
4 Taiwan Semiconductor Manufacturing 1,080.21 Bn 983.26 Bn 23.77 Bn 3.64 Bn
5 Advanced Micro Devices 879.94 Bn 867.59 Bn 5.42 Bn 238.00 Mn
6 Intel 681.83 Bn 662.64 Bn 5.35 Bn 335.00 Mn
7 Texas Instruments 293.38 Bn 288.27 Bn 2.80 Bn 169.00 Mn
8 Marvell Technology 274.06 Bn 270.21 Bn 1.26 Bn 48.80 Mn
9 Qualcomm 241.64 Bn 231.84 Bn 4.16 Bn -5.14 Bn
10 Microchip Technology - - 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