Marex (MRX) Tax Provisions (2023 - 2026)

Marex's (MRX) quarterly Tax Provisions came in at -$37.5 million in Q1 2026, down 47.06% YoY from -$70.8 million in Q1 2025, and down 120.64% on a QoQ basis from $181.7 million in Q4 2025.

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

Marex (MRX) has 4 years of Tax Provisions data on file, last reported at -$37.5 million in Q1 2026.

  • Quarterly Tax Provisions fell 47.06% year-over-year to -$37.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $196.7 million (up 109.93% YoY) and the FY2025 annual result came in at $103.7 million, up 33.29% from the prior year.
  • Tax Provisions eased to -$37.5 million in Q1 2026, from $181.7 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $181.7 million in Q4 2025 to a low of -$37.5 million in Q1 2026.
  • A 4-year average of $26.4 million and a median of $20.7 million in 2024 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2024 — Tax Provisions surged 788.5% — and 2025, when it slumped 66.67%.
  • Tracing MRX's Tax Provisions over 4 years: 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 sank by 120.64% to -$37.5 million in 2026.
  • The last three Tax Provisions figures came in at -$37.5 million (Q1 2026), $181.7 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 Morgan Stanley 338.83 Bn 205.30 Bn - 1.70 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 1.94 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 709.00 Mn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -84.25 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 136.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -6.26 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 136.24 Mn
10 Marex 8.65 Bn 8.65 Bn - -37.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -37.50 Mn
Dec 31, 2025 181.70 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