Microchip Technology (MCHPP) Tax Provisions (2009 - 2026)
Microchip Technology (MCHPP) 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 (MCHPP) Tax Provisions (2009 - 2026) Analysis & Trends
Microchip Technology (MCHPP) has 18 years of Tax Provisions data on file, last reported 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 MCHPP's latest filing, from $30.9 million in the prior quarter.
- The five-year high for Tax Provisions was $197.8 million in Q1 2023, with the low at -$13.7 million in Q1 2025.
- Average Tax Provisions over 5 years is $73.8 million, with a median of $41.3 million recorded in 2022.
- Year-over-year, Tax Provisions surged 570.61% in 2022 and slumped 175.57% in 2025.
- Microchip Technology's Tax Provisions stood at $181.9 million in 2022, then tumbled by 64.21% to $65.1 million in 2023, then plunged by 88.48% to $7.5 million in 2024, then surged by 312.0% to $30.9 million in 2025, then tumbled by 36.25% to $19.7 million in 2026.
- Business Quant data shows MCHPP's Tax Provisions at $19.7 million in Q1 2026, $30.9 million in Q4 2025, and -$9.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,798.43 Bn | 4,754.95 Bn | 61.16 Bn | 11.60 Bn |
| 2 | Micron Technology | 1,164.41 Bn | 1,138.39 Bn | 35.06 Bn | 4.98 Bn |
| 3 | Advanced Micro Devices | 882.18 Bn | 869.83 Bn | 5.42 Bn | 238.00 Mn |
| 4 | Intel | 645.64 Bn | 626.45 Bn | 5.35 Bn | 335.00 Mn |
| 5 | Aeluma | 370.26 Bn | 370.22 Bn | 386,000.00 | - |
| 6 | Arm Holdings | 358.73 Bn | 355.13 Bn | 1.46 Bn | -168.00 Mn |
| 7 | Texas Instruments | 271.25 Bn | 266.15 Bn | 2.80 Bn | 169.00 Mn |
| 8 | Marvell Technology | 239.95 Bn | 236.10 Bn | 1.26 Bn | 48.80 Mn |
| 9 | Qualcomm | 193.93 Bn | 184.13 Bn | 4.16 Bn | -5.14 Bn |
| 10 | Microchip Technology | - | - | 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 |