What is Microchip Technology's deferred taxes?

Microchip Technology (MCHP) reported deferred taxes of -$51.3M in Q1 2026.

How has Microchip Technology's deferred taxes changed year-over-year?

Microchip Technology's deferred taxes decreased by 193.1% year-over-year, from -$17.5M to -$51.3M.

What is the long-term trend for Microchip Technology's deferred taxes?

Over 4 years (2022 to 2026), Microchip Technology's deferred taxes has grown at a 69.1% compound annual growth rate (CAGR), from $7.9M to -$64.6M.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

Microchip Technology MCHP Deferred Taxes

Deferred Taxes at other companies

Analog DevicesADI

-$60.27M+33.0%

Frequency ElectronicsFEIM

-$127K+98.9%

IntelINTC

-$9M-147%

Texas InstrumentsTXN

-$4M+95.4%

Lattice SemiconductorLSCC

$3.51M+327%

Silicon LaboratoriesSLAB

$1.15M+176%

Other financials

Income statement

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Revenue$1.3B+35.1%

Gross profit$799.6M+59.6%

Operating income$217.4M—

Net income$144.2M+193%

EPS (diluted)$0.22+176%

Balance sheet

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Cash & equivalents$240.3M-68.9%

Total debt$5.6B-2.4%

Total equity$6.4B-9.1%

Total assets$14.4B-6.5%

Cash flow

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Operating cash flow$257.0M+24.8%

CapEx$14.2M0.0%

Free cash flow$242.8M+26.7%

Valuation

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Market cap$49.44B+29.5%

Enterprise value$54.84B+27.2%

P/E215×—

P/S10.5×+1.5×

Profitability

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Gross margin57.7%+1.7pp

Operating margin10.4%—

Net margin4.9%+4.9pp

FCF margin18.5%+0.9pp

Returns & leverage

See full

Return on equity3.4%+3.4pp

Debt / equity0.9×+0.1×

Current ratio2.1×-0.5×

Where this comes from

Reported directly by Microchip Technology in its filing.

Tagged under the XBRL concept us-gaap:DeferredIncomeTaxExpenseBenefit.

The official record: Microchip Technology’s 10-K, filed May 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Microchip Technology's deferred taxes?: Microchip Technology (MCHP) reported deferred taxes of -$51.3M in Q1 2026.
How has Microchip Technology's deferred taxes changed year-over-year?: Microchip Technology's deferred taxes decreased by 193.1% year-over-year, from -$17.5M to -$51.3M.
What is the long-term trend for Microchip Technology's deferred taxes?: Over 4 years (2022 to 2026), Microchip Technology's deferred taxes has grown at a 69.1% compound annual growth rate (CAGR), from $7.9M to -$64.6M.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.