Mgic Investment (MTG) Change in Taxes (2009 - 2026)
Mgic Investment (MTG) reported Change in Taxes of -$80.6 million for Q1 2026, down 231.97% on a YoY basis 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 (2009 - 2026) Analysis & Trends
Mgic Investment has reported Change in Taxes for 18 years, with the latest figure at -$80.6 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Taxes fell 231.97% year-over-year to -$80.6 million; the trailing twelve-month figure through Mar 2026 stood at -$48.5 million (down 229.37% YoY), and the FY2025 full-year result was $93.2 million, up 472.47% from the prior year.
- Change in Taxes for Q1 2026 stood at -$80.6 million, down from $23.5 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.
- Historically, Change in Taxes has averaged $948647.1 across 5 years, with a median of -$2.0 million in 2023.
- Annual changes were most pronounced in 2022 — Change in Taxes sank 48604.17% — and 2025, when it jumped 219.3%.
- 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 plunged by 443.54% to -$80.6 million in 2026.
- The last three Change in Taxes figures came in at -$80.6 million (Q1 2026), $23.5 million (Q4 2025), and $8.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | 167.00 Mn |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | - |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 26.50 Mn |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | - |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | -80.62 Mn |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | - |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | - |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | - |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | - |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |