Mag Magna (MGNC) Net Income (2023 - 2026)
Mag Magna (MGNC) posted quarterly Net Income of -$145245.0 for Q1 2026, down 3010.17% year-over-year from $4990.9 in Q1 2025, and down 578.46% quarter-over-quarter from -$21408.0 in Q4 2025.
Mag Magna (MGNC) Net Income (2023 - 2026) Analysis & Trends
Mag Magna (MGNC) has reported Net Income for 4 consecutive years, with -$145245.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income fell 3010.17% year-over-year to -$145245.0; the TTM figure through Jan 2026 stood at -$279604.0 (down 327.33% YoY), while the FY2025 annual figure was -$77671.0, down 52.67% from the prior year.
- Net Income slipped to -$145245.0 in Q1 2026 per MGNC's latest filing, from -$21408.0 in the prior quarter.
- Across five years, Net Income topped out at $7494.0 in Q1 2023 and bottomed at -$145245.0 in Q1 2026.
- Historically, Net Income has averaged -$29394.1 across 4 years, with a median of -$12530.0 in 2024.
- Annual changes were most pronounced in 2025 — Net Income soared 36.9% — and 2026, when it plunged 3010.17%.
- Mag Magna's Net Income stood at -$5670.0 in 2023, then slumped by 94.57% to -$11032.0 in 2024, then tumbled by 94.05% to -$21408.0 in 2025, then plunged by 578.46% to -$145245.0 in 2026.
- Business Quant data shows MGNC's Net Income at -$145245.0 in Q1 2026, -$21408.0 in Q4 2025, and -$90425.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.83 Bn | 29.26 Bn | 1.94 Bn | 912.00 Mn |
| 2 | Bunge Global | 21.88 Bn | 21.24 Bn | 1.68 Bn | 707.00 Mn |
| 3 | Tyson Foods | 16.45 Bn | 15.71 Bn | 921.00 Mn | 186.00 Mn |
| 4 | Cal-Maine Foods | 3.94 Bn | 3.83 Bn | 34.07 Mn | -35.04 Mn |
| 5 | Del Monte | 1.49 Bn | 1.46 Bn | 121.30 Mn | 21.50 Mn |
| 6 | Dole | 1.27 Bn | 976.21 Mn | 195.30 Mn | 26.10 Mn |
| 7 | Adecoagro | 1.13 Bn | 898.60 Mn | 97.80 Mn | 99.94 Mn |
| 8 | Vital Farms | 453.19 Mn | 431.85 Mn | 10.93 Mn | -31.07 Mn |
| 9 | Village Farms International | 313.14 Mn | 240.21 Mn | 29.97 Mn | 7.19 Mn |
| 10 | Mag Magna | 3.29 Mn | 3.26 Mn | - | -131,125.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -145,245.00 |
| Oct 31, 2025 | -21,408.00 |
| Jul 31, 2025 | -90,425.00 |
| Apr 30, 2025 | -22,526.00 |
| Jan 31, 2025 | -4,670.00 |
| Oct 31, 2024 | -11,032.00 |
| Jul 31, 2024 | -14,028.00 |
| Apr 30, 2024 | -35,700.00 |
| Jan 31, 2024 | -2,090.00 |
| Oct 31, 2023 | -5,670.00 |
| Jul 31, 2023 | -7,429.00 |
| Jan 31, 2023 | 7,494.00 |