Magnachip Semiconductor (MX) Tax Rate (2010 - 2026)
Magnachip Semiconductor (MX) reported Tax Rate of 28.89% for Q1 2026, up 1988.0% year-over-year from 1.38% in Q1 2025, and up 40.63% quarter-over-quarter from 20.54% in Q4 2025.
Magnachip Semiconductor (MX) Tax Rate (2010 - 2026) Analysis & Trends
Magnachip Semiconductor (MX) has 17 years of Tax Rate data on file, last reported at 28.89% in Q1 2026.
- Tax Rate for Q1 2026 came in at 28.89%, up 1988.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 35.08% (down 4134.0% YoY), and the FY2025 annual result was 18.27%, down 1776.0% from the prior year.
- Tax Rate improved to 28.89% in Q1 2026 per MX's latest filing, from 20.54% in the prior quarter.
- Over five years, Tax Rate peaked at 278.55% in Q3 2024 and troughed at 95.08% in Q2 2025.
- A 5-year average of 34.98% and a median of 26.77% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate soared 23270 bps in 2024, then sank 25034 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 68.67% in 2022, then plunged by 59 bps to 28.1% in 2023, then tumbled by 59 bps to 11.48% in 2024, then jumped by 79 bps to 20.54% in 2025, then surged by 41 bps to 28.89% in 2026.
- Business Quant data shows MX's Tax Rate at 28.89% in Q1 2026, 20.54% in Q4 2025, and 28.22% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,982.76 Bn | 4,939.28 Bn | 61.16 Bn | 16.59% |
| 2 | Broadcom | 1,809.69 Bn | 1,790.07 Bn | 15.42 Bn | 8.09% |
| 3 | Micron Technology | 1,108.01 Bn | 1,093.42 Bn | 17.76 Bn | 14.67% |
| 4 | Taiwan Semiconductor Manufacturing | 986.32 Bn | 889.38 Bn | 23.77 Bn | 16.72% |
| 5 | Advanced Micro Devices | 835.76 Bn | 823.41 Bn | 5.42 Bn | 14.84% |
| 6 | Intel | 632.63 Bn | 613.44 Bn | 5.35 Bn | -8.49% |
| 7 | Texas Instruments | 273.73 Bn | 268.62 Bn | 2.80 Bn | 9.86% |
| 8 | Marvell Technology | 251.71 Bn | 247.87 Bn | 1.26 Bn | 58.58% |
| 9 | Qualcomm | 225.58 Bn | 215.78 Bn | 4.16 Bn | -230.20% |
| 10 | Magnachip Semiconductor | 228.46 Mn | 228.46 Mn | 7.19 Mn | 28.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.89% |
| Mar 31, 2026 | 28.89% |
| Dec 31, 2025 | 20.54% |
| Dec 31, 2025 | 20.54% |
| Sep 30, 2025 | 28.22% |
| Sep 30, 2025 | 28.22% |
| Jun 30, 2025 | -95.08% |
| Jun 30, 2025 | -95.08% |
| Mar 31, 2025 | 9.01% |
| Mar 31, 2025 | 9.01% |
| Dec 31, 2024 | 11.48% |
| Dec 31, 2024 | 11.48% |
| Sep 30, 2024 | 278.55% |
| Sep 30, 2024 | 278.55% |
| Jun 30, 2024 | 70.92% |
| Jun 30, 2024 | 70.92% |
| Mar 31, 2024 | -15.39% |
| Mar 31, 2024 | -15.39% |
| Dec 31, 2023 | 28.10% |
| Dec 31, 2023 | 28.10% |