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| Date | Value |
|---|---|
| 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 |