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
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