Mgic Investment (MTG) Deferred Taxes (2009 - 2026)
Mgic Investment's (MTG) quarterly Deferred Taxes came in at $7.4 million in Q1 2026, down 25.83% year-on-year 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's Deferred Taxes history runs 18 years deep, the most recent figure standing at $7.4 million for Q1 2026.
- On a quarterly basis, Deferred Taxes fell 25.83% year-over-year to $7.4 million in Q1 2026; TTM through Mar 2026 was -$21.8 million, a 1691.38% decrease from a year earlier, with the FY2025 full-year figure at -$19.2 million, down 690.34% from the prior year.
- Deferred Taxes improved to $7.4 million in Q1 2026 per MTG's latest filing, from -$36.5 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $11.3 million in Q3 2025 and bottomed at -$36.5 million in Q4 2025.
- The 5-year median for Deferred Taxes is -$1.5 million (2022), against an average of -$646117.6.
- Biggest YoY gain for Deferred Taxes was 742.29% in 2025; the steepest drop was 605.06% in 2025.
- Year by year, Deferred Taxes stood at $2.5 million in 2022, then declined by 14.59% to $2.1 million in 2023, then plunged by 345.66% to -$5.2 million in 2024, then plunged by 605.06% to -$36.5 million in 2025, then soared by 120.19% to $7.4 million in 2026.
- Per Business Quant, the three latest MTG Deferred Taxes figures stand at $7.4 million (Q1 2026), -$36.5 million (Q4 2025), and $11.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | - |
| 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 | - |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 3.27 Mn |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 7.37 Mn |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | -5.21 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 | 18.86 Mn |
| 10 | Employers Holdings | 957.12 Mn | 620.72 Mn | 51.80 Mn | -100,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |