Mgic Investment (MTG) Deferred Taxes (2009 - 2026)
Mgic Investment (MTG) posted quarterly Deferred Taxes of -$1.9 million for Q2 2026, up 52.09% year-over-year from -$1.3 million in Q2 2025, and down 125.94% quarter-over-quarter from $7.4 million in Q1 2026.
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 -$1.9 million for Q2 2026.
- In Q2 2026, Deferred Taxes rose 52.09% year-over-year to -$1.9 million; the TTM figure through Jun 2026 stood at -$19.7 million (down 1876.73% YoY), while the FY2025 annual figure was -$19.2 million, down 690.34% from the prior year.
- Deferred Taxes for Q2 2026 stood at -$1.9 million, down from $7.4 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.
- The 5-year median for Deferred Taxes is -$1.6 million (2022), against an average of -$716388.9.
- Peak annual rise in Deferred Taxes reached 742.29% in 2025, while the deepest fall reached 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 soared by 94.76% to -$1.9 million in 2026.
- Business Quant data shows MTG's Deferred Taxes at -$1.9 million in Q2 2026, $7.4 million in Q1 2026, and -$36.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.71 Bn | 8.14 Bn | 3.59 Bn | - |
| 2 | First American Financial | 7.40 Bn | 4.28 Bn | 1.77 Bn | - |
| 3 | Axis Capital Holdings | 7.28 Bn | 6.49 Bn | 819.78 Mn | - |
| 4 | Enact Holdings | 6.86 Bn | 6.36 Bn | 284.04 Mn | -2.30 Mn |
| 5 | Mgic Investment | 6.46 Bn | 6.23 Bn | 284.40 Mn | -1.91 Mn |
| 6 | Essent | 6.22 Bn | 6.22 Bn | 313.73 Mn | -3.04 Mn |
| 7 | Ryan Specialty Holdings | 5.38 Bn | 5.24 Bn | - | 17.14 Mn |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | - |
| 9 | NMI Holdings | 3.45 Bn | 3.37 Bn | 157.40 Mn | 21.11 Mn |
| 10 | Assured Guaranty | 3.29 Bn | -503.07 Mn | 156.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.91 Mn |
| 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 |