Marex (MRX) Tax Provisions (2023 - 2026)

Marex (MRX) reported Tax Provisions of -$37.5 million for Q1 2026, down 47.06% on a YoY basis from -$70.8 million in Q1 2025, and up 63.84% quarter-over-quarter from -$103.7 million in Q4 2025.

Marex (MRX) Tax Provisions (2023 - 2026) Analysis & Trends

Marex has reported Tax Provisions for 4 years, with the latest figure at -$37.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 47.06% year-over-year to -$37.5 million; the trailing twelve-month figure through Mar 2026 stood at -$193.7 million (down 120.11% YoY), and the FY2025 full-year result was $103.7 million, up 33.29% from the prior year.
  • Tax Provisions for Q1 2026 stood at -$37.5 million, up from -$103.7 million in the prior quarter.
  • The five-year high for Tax Provisions was -$11.3 million in Q4 2023, with the low at -$103.7 million in Q4 2025.
  • Historically, Tax Provisions has averaged -$30.8 million across 4 years, with a median of -$23.3 million in 2024.
  • The largest YoY upside for Tax Provisions was 24.27% in 2025 against a maximum downside of 391.47% in 2025.
  • Marex's Tax Provisions stood at -$11.3 million in 2023, then sank by 86.73% to -$21.1 million in 2024, then slumped by 391.47% to -$103.7 million in 2025, then surged by 63.84% to -$37.5 million in 2026.
  • The last three Tax Provisions figures came in at -$37.5 million (Q1 2026), -$103.7 million (Q4 2025), and -$25.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 1.37 Bn
3 Goldman Sachs 333.85 Bn -603.70 Bn - 856.00 Mn
4 Schwab Charles 160.31 Bn 115.33 Bn - 709.00 Mn
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 65.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - 117.00 Mn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 128.18 Mn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 69.76 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -6.26 Mn
10 Marex 6.49 Bn 3.42 Bn - -37.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -37.50 Mn
Dec 31, 2025 -103.70 Mn
Sep 30, 2025 -25.60 Mn
Jun 30, 2025 -26.90 Mn
Mar 31, 2025 -25.50 Mn
Dec 31, 2024 -21.10 Mn
Sep 30, 2024 -20.60 Mn
Jun 30, 2024 -20.80 Mn
Mar 31, 2024 -15.30 Mn
Dec 31, 2023 -11.30 Mn