Mgic Investment (MTG) Deferred Taxes (2009 - 2026)

Mgic Investment (MTG) reported Deferred Taxes of $7.4 million for Q1 2026, down 25.83% on a YoY basis from $9.9 million in Q1 2025, and up 120.19% quarter-over-quarter from -$36.5 million in Q4 2025.

Mgic Investment (MTG) Deferred Taxes (2009 - 2026) Analysis & Trends

Mgic Investment has reported Deferred Taxes for 18 years, with the latest figure at $7.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Deferred Taxes fell 25.83% year-over-year to $7.4 million; the trailing twelve-month figure through Mar 2026 stood at -$21.8 million (down 1691.38% YoY), and the FY2025 full-year result was -$19.2 million, down 690.34% from the prior year.
  • Deferred Taxes for Q1 2026 stood at $7.4 million, up from -$36.5 million in the prior quarter.
  • The five-year high for Deferred Taxes was $11.3 million in Q3 2025, with the low at -$36.5 million in Q4 2025.
  • Historically, Deferred Taxes has averaged -$646117.6 across 5 years, with a median of -$1.5 million in 2022.
  • The largest YoY upside for Deferred Taxes was 742.29% in 2025 against a maximum downside of 605.06% in 2025.
  • Mgic Investment's Deferred Taxes stood at $2.5 million in 2022, then dropped by 14.59% to $2.1 million in 2023, then sank by 345.66% to -$5.2 million in 2024, then sank by 605.06% to -$36.5 million in 2025, then surged by 120.19% to $7.4 million in 2026.
  • The last three Deferred Taxes figures came in at $7.4 million (Q1 2026), -$36.5 million (Q4 2025), and $11.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Fidelity National Financial 12.87 Bn 10.21 Bn 2.62 Bn -
2 Axis Capital Holdings 7.52 Bn 6.65 Bn - -
3 First American Financial 6.80 Bn 3.91 Bn 1.24 Bn -
4 Enact Holdings 6.01 Bn 5.46 Bn 205.74 Mn 3.27 Mn
5 Mgic Investment 5.57 Bn 5.32 Bn 202.12 Mn 7.37 Mn
6 Essent 5.47 Bn 5.47 Bn - -5.21 Mn
7 Radian 4.74 Bn 4.66 Bn 368.17 Mn -
8 Ryan Specialty Holdings 4.62 Bn 5.05 Bn - 3.14 Mn
9 Assured Guaranty 3.42 Bn -495.48 Mn 216.00 Mn -
10 NMI Holdings 2.82 Bn 2.75 Bn 152.85 Mn 18.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.37 Mn
Dec 31, 2025 -36.49 Mn
Sep 30, 2025 11.33 Mn
Jun 30, 2025 -3.99 Mn
Mar 31, 2025 9.93 Mn
Dec 31, 2024 -5.18 Mn
Sep 30, 2024 -1.76 Mn
Jun 30, 2024 -1.62 Mn
Mar 31, 2024 6.13 Mn
Dec 31, 2023 2.11 Mn
Sep 30, 2023 -2.11 Mn
Jun 30, 2023 -2.80 Mn
Mar 31, 2023 1.73 Mn
Dec 31, 2022 2.47 Mn
Sep 30, 2022 -1.48 Mn
Jun 30, 2022 -2.57 Mn
Mar 31, 2022 5.95 Mn
Dec 31, 2021 -9.78 Mn
Sep 30, 2021 -2.27 Mn
Jun 30, 2021 4.23 Mn