Mgic Investment (MTG) Interest Expenses (2009 - 2026)

Mgic Investment's (MTG) quarterly Interest Expenses came in at $17.1 million in Q1 2026, little changed year-on-year from $17.1 million in Q1 2025, and up 131.21% quarter-over-quarter from $7.4 million in Q4 2025.

Mgic Investment (MTG) Interest Expenses (2009 - 2026) Analysis & Trends

Mgic Investment's Interest Expenses history runs 18 years deep, the most recent figure standing at $17.1 million for Q1 2026.

  • On a quarterly basis, Interest Expenses changed 0.0% year-over-year to $17.1 million in Q1 2026; TTM through Mar 2026 was $43.1 million, a 20.72% increase from a year earlier, with the FY2025 full-year figure at $214.7 million, down 37.99% from the prior year.
  • Interest Expenses grew to $17.1 million in Q1 2026 per MTG's latest filing, from $7.4 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $458.4 million in Q2 2023 and bottomed at $1.5 million in Q4 2024.
  • The 5-year median for Interest Expenses is $21.9 million (2022), against an average of $128.4 million.
  • Across the five-year window, Interest Expenses tumbled 97.22% in 2024 and soared 1990.6% in 2025, its largest moves.
  • Year by year, Interest Expenses stood at $9.4 million in 2022, then jumped by 2822.47% to $274.2 million in 2023, then tumbled by 99.45% to $1.5 million in 2024, then soared by 392.41% to $7.4 million in 2025, then soared by 131.21% to $17.1 million in 2026.
  • Per Business Quant, the three latest MTG Interest Expenses figures stand at $17.1 million (Q1 2026), $7.4 million (Q4 2025), and $229.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Fidelity National Financial 13.08 Bn 10.42 Bn 3.16 Bn 3.58 Bn
2 Axis Capital Holdings 8.50 Bn 7.97 Bn 613.18 Mn 16.97 Mn
3 First American Financial 7.10 Bn 4.22 Bn 1.77 Bn 326.20 Mn
4 Enact Holdings 6.51 Bn 5.96 Bn 205.69 Mn 149.61 Mn
5 Mgic Investment 6.26 Bn 6.23 Bn 263.84 Mn 17.10 Mn
6 Essent 6.05 Bn 6.05 Bn 211.88 Mn 236.45 Mn
7 Radian 5.96 Bn 5.91 Bn 304.36 Mn 23.45 Mn
8 Assured Guaranty 3.78 Bn 3.28 Bn 65.00 Mn 22.00 Mn
9 NMI Holdings 3.17 Bn 3.10 Bn 134.15 Mn 97.15 Mn
10 Employers Holdings 957.12 Mn 620.72 Mn 51.80 Mn 27.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 17.10 Mn
Mar 31, 2026 17.10 Mn
Dec 31, 2025 7.40 Mn
Dec 31, 2025 7.40 Mn
Sep 30, 2025 229.28 Mn
Sep 30, 2025 229.28 Mn
Jun 30, 2025 266.74 Mn
Jun 30, 2025 266.74 Mn
Mar 31, 2025 17.10 Mn
Mar 31, 2025 17.10 Mn
Dec 31, 2024 1.50 Mn
Dec 31, 2024 1.50 Mn
Sep 30, 2024 260.04 Mn
Sep 30, 2024 260.04 Mn
Jun 30, 2024 12.76 Mn
Jun 30, 2024 12.76 Mn
Mar 31, 2024 17.10 Mn
Mar 31, 2024 17.10 Mn
Sep 30, 2023 274.16 Mn
Sep 30, 2023 274.16 Mn