Mgic Investment (MTG) Change in Taxes (2011 - 2026)
Mgic Investment (MTG) posted quarterly Change in Taxes of $6.2 million for Q2 2026, up 1468.01% year-over-year from $397000.0 in Q2 2025, and up 107.72% quarter-over-quarter from -$80.6 million in Q1 2026.
Mgic Investment (MTG) Change in Taxes (2011 - 2026) Analysis & Trends
Mgic Investment's Change in Taxes history runs 16 years deep, the most recent figure standing at $6.2 million for Q2 2026.
- In Q2 2026, Change in Taxes rose 1468.01% year-over-year to $6.2 million; the TTM figure through Jun 2026 stood at -$42.7 million (down 184.14% YoY), while the FY2025 annual figure was $93.2 million, up 472.47% from the prior year.
- Change in Taxes for Q2 2026 stood at $6.2 million, up from -$80.6 million in the prior quarter.
- The five-year high for Change in Taxes was $61.1 million in Q1 2025, with the low at -$80.6 million in Q1 2026.
- The 5-year median for Change in Taxes is -$808000.0 (2023), against an average of $1.2 million.
- The sharpest annual moves came in 2022 and 2026: Change in Taxes plunged 48604.17% in 2022, then surged 1468.01% in 2026.
- Mgic Investment's Change in Taxes stood at -$11.7 million in 2022, then surged by 82.78% to -$2.0 million in 2023, then sank by 877.15% to -$19.7 million in 2024, then jumped by 219.3% to $23.5 million in 2025, then sank by 73.47% to $6.2 million in 2026.
- Business Quant data shows MTG's Change in Taxes at $6.2 million in Q2 2026, -$80.6 million in Q1 2026, and $23.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.65 Bn | 8.08 Bn | 3.59 Bn | -59.00 Mn |
| 2 | First American Financial | 7.36 Bn | 4.25 Bn | 1.77 Bn | 41.30 Mn |
| 3 | Axis Capital Holdings | 7.25 Bn | 6.47 Bn | 819.78 Mn | - |
| 4 | Enact Holdings | 6.85 Bn | 6.36 Bn | 284.04 Mn | - |
| 5 | Mgic Investment | 6.47 Bn | 6.25 Bn | 284.40 Mn | 6.23 Mn |
| 6 | Essent | 6.18 Bn | 6.18 Bn | 313.73 Mn | - |
| 7 | Ryan Specialty Holdings | 5.43 Bn | 5.29 Bn | - | - |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | - |
| 9 | NMI Holdings | 3.42 Bn | 3.35 Bn | 157.40 Mn | - |
| 10 | Assured Guaranty | 3.29 Bn | -506.61 Mn | 156.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.23 Mn |
| Jun 30, 2026 | 6.23 Mn |
| Mar 31, 2026 | -80.62 Mn |
| Mar 31, 2026 | -80.62 Mn |
| Dec 31, 2025 | 23.47 Mn |
| Dec 31, 2025 | 23.47 Mn |
| Sep 30, 2025 | 8.21 Mn |
| Sep 30, 2025 | 8.21 Mn |
| Jun 30, 2025 | 397,000.00 |
| Jun 30, 2025 | 397,000.00 |
| Mar 31, 2025 | 61.09 Mn |
| Mar 31, 2025 | 61.09 Mn |
| Dec 31, 2024 | -19.67 Mn |
| Dec 31, 2024 | -19.67 Mn |
| Sep 30, 2024 | 8.95 Mn |
| Sep 30, 2024 | 8.95 Mn |
| Jun 30, 2024 | -12.85 Mn |
| Jun 30, 2024 | -12.85 Mn |
| Mar 31, 2024 | 39.84 Mn |
| Mar 31, 2024 | 39.84 Mn |