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

Microchip Technology's (MCHPP) quarterly Tax Rate came in at 12.02% in Q1 2026, up 388.0% year-on-year from 2.46% in Q1 2025, and down 63.59% quarter-over-quarter from 33.01% in Q4 2025.

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

Microchip Technology has disclosed Tax Rate across 18 years of filings, most recently posting 12.02% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 12.02%, up 388.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.9% (down 8538.0% YoY), and the FY2026 annual result 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.
  • The 5-year median for Tax Rate is 20.03% (2023), against an average of 11.79%.
  • Peak annual rise in Tax Rate reached 4928 bps in 2025, while the deepest fall reached 4545 bps in 2025.
  • Microchip Technology's Tax Rate stood at 23.87% in 2022, then plunged by 44 bps to 13.44% in 2023, then slumped by 221 bps to 16.27% in 2024, then soared by 303 bps to 33.01% in 2025, then sank by 64 bps to 12.02% in 2026.
  • The last three Tax Rate figures came in at 12.02% (Q1 2026), 33.01% (Q4 2025), and 31.13% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Nvidia 5,119.49 Bn 5,076.01 Bn 61.16 Bn 16.59
2 Broadcom 1,946.04 Bn 1,926.41 Bn 15.42 Bn 8.09
3 Micron Technology 1,288.71 Bn 1,274.12 Bn 17.76 Bn 14.67
4 Taiwan Semiconductor Manufacturing 1,080.21 Bn 983.26 Bn 23.77 Bn 16.72
5 Advanced Micro Devices 879.94 Bn 867.59 Bn 5.42 Bn 14.84
6 Intel 681.83 Bn 662.64 Bn 5.35 Bn -8.49
7 Texas Instruments 293.38 Bn 288.27 Bn 2.80 Bn 9.86
8 Marvell Technology 274.06 Bn 270.21 Bn 1.26 Bn 58.58
9 Qualcomm 241.64 Bn 231.84 Bn 4.16 Bn -230.20
10 Microchip Technology - - 799.60 Mn 12.02

Historic Data

Download Data
DateValue
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%