Marex (MRX) Tax Provisions (2023 - 2026)
Marex (MRX) posted Tax Provisions of -$37.5 million for Q1 2026, down 120.64% quarter-over-quarter from $181.7 million in Q4 2025, and down 47.06% year-on-year from -$70.8 million in Q1 2025.
Marex (MRX) Tax Provisions (2023 - 2026) Analysis & Trends
Marex (MRX) has reported Tax Provisions for 4 consecutive years, with -$37.5 million the latest figure, recorded in Q1 2026.
- Tax Provisions for Q1 2026 came in at -$37.5 million, down 47.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $196.7 million (up 109.93% YoY), and the FY2025 annual result was $103.7 million, up 33.29% from the prior year.
- Tax Provisions was -$37.5 million for Q1 2026 at Marex, down from $181.7 million in the prior quarter.
- Over five years, Tax Provisions peaked at $181.7 million in Q4 2025 and troughed at -$37.5 million in Q1 2026.
- Average Tax Provisions over 4 years is $26.4 million, with a median of $20.7 million recorded in 2024.
- Year-over-year, Tax Provisions jumped 788.5% in 2024 and plunged 66.67% in 2025.
- Over 4 years, Tax Provisions stood at -$11.3 million in 2023, then surged by 788.5% to $77.8 million in 2024, then soared by 133.55% to $181.7 million in 2025, then plunged by 120.64% to -$37.5 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were -$37.5 million in Q1 2026, $181.7 million in Q4 2025, and $25.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 1.37 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 856.00 Mn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 709.00 Mn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -84.25 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 65.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 128.18 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 69.76 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 1.40 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -6.26 Mn |
| 10 | Marex | 4.68 Bn | 4.68 Bn | - | -37.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -37.50 Mn |
| Dec 31, 2025 | -25.70 Mn |
| Sep 30, 2025 | 25.60 Mn |
| Jun 30, 2025 | -26.90 Mn |
| Mar 31, 2025 | -25.50 Mn |
| Dec 31, 2024 | -77.80 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 |
| Sep 30, 2023 | 15.20 Mn |