Operating Expenses

Total Operating Expenses

Microchip Technology Total Operating Expenses increased by 4.9% to $582.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.2%, from $601.40M to $582.20M. Over 4 years (FY 2022 to FY 2026), Total Operating Expenses shows a downward trend with a -3.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.

Detailed definition

The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...

Peer comparison

Investors compare this to revenue to assess the 'operating leverage' of a business model.

Metric ID: total_operating_expenses

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$638.80M$652.00M$638.30M$670.90M$608.60M$642.80M$659.20M$671.30M$655.30M$642.40M$590.60M$536.40M$517.80M$521.90M$530.50M$601.40M$544.60M$549.00M$555.20M$582.20M
QoQ Change+2.1%-2.1%+5.1%-9.3%+5.6%+2.6%+1.8%-2.4%-2.0%-8.1%-9.2%-3.5%+0.8%+1.6%+13.4%-9.4%+0.8%+1.1%+4.9%
YoY Change-4.7%-1.4%+3.3%+0.1%+7.7%-0.1%-10.4%-20.1%-21.0%-18.8%-10.2%+12.1%+5.2%+5.2%+4.7%-3.2%
Range$517.80M$671.30M
CAGR-1.9%
Avg YoY Growth-3.2%
Median YoY Growth-0.7%
Current Streak3 quarters growth

Frequently Asked Questions

What is Microchip Technology's total operating expenses?
Microchip Technology (MCHP) reported total operating expenses of $582.20M in Q1 2026.
How has Microchip Technology's total operating expenses changed year-over-year?
Microchip Technology's total operating expenses decreased by 3.2% year-over-year, from $601.40M to $582.20M.
What is the long-term trend for Microchip Technology's total operating expenses?
Over 4 years (2022 to 2026), Microchip Technology's total operating expenses has grown at a -3.8% compound annual growth rate (CAGR), from $2.60B to $2.23B.
What does total operating expenses mean?
The total cost of running the day-to-day business, excluding the direct cost of making products.