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
DateValue
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