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 | 333.21 Bn | 173.07 Bn | - | 1.70 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 1.94 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 869.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 136.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 118.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 136.24 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 63.50 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 4.10 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -84.25 Mn |
| 10 | Marex | 5.07 Bn | 5.07 Bn | - | -38.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |