Non-Current Assets
Deferred Tax Assets
Microchip Technology Deferred Tax Assets increased by 936.7% to $25.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 25.7%, from $33.80M to $25.10M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ4 2026May 21, 2026
How to read this metric
An increase can signal future tax efficiency or the utilization of past losses, while a decrease may indicate the realization of those benefits.
Detailed definition
These are assets on the balance sheet that represent future tax savings resulting from temporary differences between the...
Peer comparison
Common in large, capital-intensive companies; peers with significant R&D spending often have large deferred tax assets from tax credits.
Metric ID:
deferred_tax_assetsHistorical Data
15 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $20.10M | $111.20M | $54.10M | $74.70M | $17.10M | $161.40M | $23.90M | -$73.60M | -$76.10M | -$8.10M | $10.40M | -$15.60M | $33.80M | -$3.00M | $25.10M |
| QoQ Change | — | +453.2% | -51.3% | +38.1% | -77.1% | +843.9% | -85.2% | -407.9% | -3.4% | +89.4% | +228.4% | -250.0% | +316.7% | -108.9% | +936.7% |
| YoY Change | — | — | — | +271.6% | -68.4% | — | -68.0% | — | -545.0% | -133.9% | +114.1% | +79.5% | — | +63.0% | -25.7% |
Range-$76.10M – $161.40M
CAGR+6.6%
Avg YoY Growth-34.8%
Median YoY Growth-25.7%
Deferred Tax Assets at Other Companies
Frequently Asked Questions
- What is Microchip Technology's deferred tax assets?
- Microchip Technology (MCHP) reported deferred tax assets of $25.10M in Q1 2026.
- How has Microchip Technology's deferred tax assets changed year-over-year?
- Microchip Technology's deferred tax assets decreased by 25.7% year-over-year, from $33.80M to $25.10M.
- What does deferred tax assets mean?
- Future tax savings that the company expects to realize due to past accounting differences or tax losses.