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| 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 |