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
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