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| 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 |