Microchip Technology (MCHPP) Tax Rate (2009 - 2026)
Microchip Technology recorded quarterly Tax Rate of 12.02% in Q1 2026, down 63.59% quarter-over-quarter from 33.01% in Q4 2025, and up 388.0% year-over-year from 2.46% in Q1 2025.
Microchip Technology's Tax Rate history runs 18 years deep, the most recent figure standing at 12.02% for Q1 2026.
- In Q1 2026, Tax Rate rose 388.0% year-over-year to 12.02%; the TTM figure through Mar 2026 stood at 15.9% (down 8538.0% YoY), while the FY2026 annual figure was 15.9%, down 8538.0% from the prior year.
- Tax Rate came in at 12.02% for Q1 2026 at Microchip Technology, down from 33.01% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 33.01% in Q4 2025 to a low of 31.13% in Q3 2025.
- A 5-year average of 11.79% and a median of 20.03% in 2023 frame the typical range for Tax Rate.
- On a YoY basis, Tax Rate climbed as much as 4928 bps in 2025 and fell as far as 4545 bps in 2025.
- Microchip Technology's Tax Rate stood at 23.87% in 2022, then tumbled by 44 bps to 13.44% in 2023, then sank by 221 bps to 16.27% in 2024, then jumped by 303 bps to 33.01% in 2025, then plunged by 64 bps to 12.02% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 12.02%, 33.01%, and 31.13% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,127.75 Bn | 5,084.27 Bn | 61.16 Bn | 16.59 |
| 2 | Broadcom | 2,118.14 Bn | 2,103.96 Bn | 13.16 Bn | 10.32 |
| 3 | Micron Technology | 1,093.35 Bn | 1,078.76 Bn | 17.76 Bn | 14.67 |
| 4 | Advanced Micro Devices | 841.76 Bn | 829.41 Bn | 5.42 Bn | 14.84 |
| 5 | Intel | 582.92 Bn | 563.72 Bn | 5.35 Bn | -8.49 |
| 6 | Texas Instruments | 277.86 Bn | 272.76 Bn | 2.80 Bn | 9.86 |
| 7 | Qualcomm | 267.59 Bn | 257.79 Bn | 4.16 Bn | -230.20 |
| 8 | Analog Devices | 202.06 Bn | 198.62 Bn | 2.44 Bn | 11.21 |
| 9 | Marvell Technology | 176.51 Bn | 176.43 Bn | 1.15 Bn | -3.80 |
| 10 | Microchip Technology | - | - | 799.60 Mn | 12.02 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.02 |
| Mar 31, 2026 | 12.02 |
| Dec 31, 2025 | 33.01 |
| Dec 31, 2025 | 33.01 |
| Sep 30, 2025 | -31.13 |
| Sep 30, 2025 | -31.13 |
| Jun 30, 2025 | -17.72 |
| Jun 30, 2025 | -17.72 |
| Mar 31, 2025 | 8.14 |
| Mar 31, 2025 | 8.14 |
| Dec 31, 2024 | -16.27 |
| Dec 31, 2024 | -16.27 |
| Sep 30, 2024 | 14.32 |
| Sep 30, 2024 | 14.32 |
| Jun 30, 2024 | 20.09 |
| Jun 30, 2024 | 20.09 |
| Mar 31, 2024 | 22.53 |
| Mar 31, 2024 | 22.53 |
| Dec 31, 2023 | 13.44 |
| Dec 31, 2023 | 13.44 |
| Sep 30, 2023 | 20.03 |
| Sep 30, 2023 | 20.03 |
| Jun 30, 2023 | 21.44 |
| Jun 30, 2023 | 21.44 |
| Mar 31, 2023 | 24.67 |
| Mar 31, 2023 | 24.67 |
| Dec 31, 2022 | 23.87 |
| Dec 31, 2022 | 23.87 |
| Sep 30, 2022 | 21.87 |
| Sep 30, 2022 | 21.87 |
| Jun 30, 2022 | 21.56 |
| Jun 30, 2022 | 21.56 |
| Mar 31, 2022 | 8.62 |
| Mar 31, 2022 | 8.62 |
| Dec 31, 2021 | 20.09 |
| Dec 31, 2021 | 20.09 |
| Sep 30, 2021 | 8.61 |
| Sep 30, 2021 | 8.61 |
| Jun 30, 2021 | 14.88 |
| Jun 30, 2021 | 14.88 |
| Mar 31, 2021 | 19.67 |
| Mar 31, 2021 | 19.67 |
| Dec 31, 2020 | -115.48 |
| Dec 31, 2020 | -115.48 |
| Sep 30, 2020 | 17.12 |
| Sep 30, 2020 | 17.12 |
| Jun 30, 2020 | -38.10 |
| Jun 30, 2020 | -38.10 |
| Mar 31, 2020 | -118.12 |
| Mar 31, 2020 | -118.12 |
| Dec 31, 2019 | -2,834.91 |
| Dec 31, 2019 | -2,834.91 |
| Sep 30, 2019 | -103.55 |
| Sep 30, 2019 | -103.55 |
| Jun 30, 2019 | -25.19 |
| Jun 30, 2019 | -25.19 |
| Mar 31, 2019 | -15.54 |
| Mar 31, 2019 | -15.54 |
| Dec 31, 2018 | 10.55 |
| Dec 31, 2018 | 10.55 |
| Sep 30, 2018 | 344.42 |
| Sep 30, 2018 | 344.42 |
| Jun 30, 2018 | 5.31 |
| Jun 30, 2018 | 5.31 |
| Mar 31, 2018 | 22.05 |
| Mar 31, 2018 | 22.05 |
| Dec 31, 2017 | 227.66 |
| Dec 31, 2017 | 227.66 |
| Sep 30, 2017 | -1.61 |
| Sep 30, 2017 | -1.61 |
| Jun 30, 2017 | -2.65 |
| Jun 30, 2017 | -2.65 |
| Mar 31, 2017 | -90.65 |
| Mar 31, 2017 | -90.65 |
| Dec 31, 2016 | -28.55 |
| Dec 31, 2016 | -28.55 |
| Sep 30, 2016 | -40.98 |
| Sep 30, 2016 | -40.98 |
| Jun 30, 2016 | -20.36 |
| Jun 30, 2016 | -20.36 |
| Mar 31, 2016 | -16.85 |
| Mar 31, 2016 | -16.85 |
| Dec 31, 2015 | -22.04 |
| Dec 31, 2015 | -22.04 |
| Sep 30, 2015 | -20.28 |
| Sep 30, 2015 | -20.28 |
| Jun 30, 2015 | -9.11 |
| Jun 30, 2015 | -9.11 |
| Mar 31, 2015 | -58.95 |
| Mar 31, 2015 | -58.95 |
| Dec 31, 2014 | 1.62 |
| Dec 31, 2014 | 1.62 |
| Sep 30, 2014 | -1.47 |
| Sep 30, 2014 | -1.47 |
| Jun 30, 2014 | 15.97 |
| Jun 30, 2014 | 15.97 |
| Mar 31, 2014 | 5.69 |
| Mar 31, 2014 | 5.69 |
| Dec 31, 2013 | 6.38 |
| Dec 31, 2013 | 6.38 |
| Sep 30, 2013 | 10.25 |
| Sep 30, 2013 | 10.25 |
| Jun 30, 2013 | 13.01 |
| Jun 30, 2013 | 13.01 |
| Mar 31, 2013 | -20.58 |
| Mar 31, 2013 | -20.58 |
| Dec 31, 2012 | -4.96 |
| Dec 31, 2012 | -4.96 |
| Sep 30, 2012 | 1,099.72 |
| Sep 30, 2012 | 1,099.72 |
| Jun 30, 2012 | 13.38 |
| Jun 30, 2012 | 13.38 |
| Mar 31, 2012 | 12.28 |
| Mar 31, 2012 | 12.28 |
| Dec 31, 2011 | 7.40 |
| Dec 31, 2011 | 7.40 |
| Sep 30, 2011 | 12.17 |
| Sep 30, 2011 | 12.17 |
| Jun 30, 2011 | 12.77 |
| Jun 30, 2011 | 12.77 |
| Mar 31, 2011 | -8.82 |
| Mar 31, 2011 | -8.82 |
| Dec 31, 2010 | 10.89 |
| Dec 31, 2010 | 10.89 |
| Sep 30, 2010 | 13.43 |
| Sep 30, 2010 | 13.43 |
| Jun 30, 2010 | 12.73 |
| Jun 30, 2010 | 12.73 |
| Mar 31, 2010 | 9.82 |
| Mar 31, 2010 | 9.82 |
| Dec 31, 2009 | 0.68 |
| Dec 31, 2009 | 0.68 |
| Sep 30, 2009 | 13.25 |
| Sep 30, 2009 | 13.25 |
| Jun 30, 2009 | 16.19 |
| Jun 30, 2009 | 16.19 |
| Mar 31, 2009 | 20.42 |
| Mar 31, 2009 | 20.42 |