Mgic Investment (MTG) Change in Taxes (2011 - 2026)

Mgic Investment's (MTG) quarterly Change in Taxes came in at -$80.6 million in Q1 2026, down 231.97% year-on-year from $61.1 million in Q1 2025, and down 443.54% quarter-over-quarter from $23.5 million in Q4 2025.

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 -$80.6 million for Q1 2026.

  • On a quarterly basis, Change in Taxes fell 231.97% year-over-year to -$80.6 million in Q1 2026; TTM through Mar 2026 was -$48.5 million, a 229.37% decrease from a year earlier, with the FY2025 full-year figure at $93.2 million, up 472.47% from the prior year.
  • Change in Taxes eased to -$80.6 million in Q1 2026 per MTG's latest filing, from $23.5 million in the prior quarter.
  • Across five years, Change in Taxes topped out at $61.1 million in Q1 2025 and bottomed at -$80.6 million in Q1 2026.
  • The 5-year median for Change in Taxes is -$2.0 million (2023), against an average of $948647.1.
  • Across the five-year window, Change in Taxes sank 48604.17% in 2022 and soared 219.3% in 2025, its largest moves.
  • Year by year, Change in Taxes stood at -$11.7 million in 2022, then soared by 82.78% to -$2.0 million in 2023, then plunged by 877.15% to -$19.7 million in 2024, then surged by 219.3% to $23.5 million in 2025, then tumbled by 443.54% to -$80.6 million in 2026.
  • Per Business Quant, the three latest MTG Change in Taxes figures stand at -$80.6 million (Q1 2026), $23.5 million (Q4 2025), and $8.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Fidelity National Financial 13.08 Bn 10.42 Bn 3.16 Bn 167.00 Mn
2 Axis Capital Holdings 8.50 Bn 7.97 Bn 613.18 Mn -
3 First American Financial 7.10 Bn 4.22 Bn 1.77 Bn 41.30 Mn
4 Enact Holdings 6.51 Bn 5.96 Bn 205.69 Mn -
5 Mgic Investment 6.26 Bn 6.23 Bn 263.84 Mn -80.62 Mn
6 Essent 6.05 Bn 6.05 Bn 211.88 Mn -
7 Radian 5.96 Bn 5.91 Bn 304.36 Mn -
8 Assured Guaranty 3.78 Bn 3.28 Bn 65.00 Mn -
9 NMI Holdings 3.17 Bn 3.10 Bn 134.15 Mn -
10 Employers Holdings 957.12 Mn 620.72 Mn 51.80 Mn 1.10 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 -2.01 Mn
Dec 31, 2023 -2.01 Mn