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
DateValue
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%