Mgic Investment MTG
NYSE MTG
$30.90 +0.19 (+0.62%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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