Mag Magna (MGNC) Operating Expenses (2022 - 2026)
Mag Magna's Operating Expenses came in at $13.44 million for fiscal Q4 2026 (quarter ended Apr 30, 2026), compared with -$25,825 a year earlier.
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Analysis
Mag Magna (MGNC) Operating Expenses (2022 - 2026) Analysis & Trends
For FY2026 (ended Apr 30, 2026), Mag Magna's Operating Expenses was $13.67 million.
- Operating Expenses carries a three-year compound annual growth rate of 813.6% (FY2023 to FY2026).
- Going back by fiscal year, Operating Expenses was $47,535 in FY2025 (-15.8%), $56,475 in FY2024 (+215.0%) and $17,930 in FY2023.
- The fiscal Q4 2026 figure represents the highest quarterly Operating Expenses in data going back to fiscal Q2 2023.
- Year-over-year, Operating Expenses increased in five of the last six quarters, with growth averaging 242.2%.
- The fastest year-over-year change in Operating Expenses over five years came in fiscal Q4 2024 (growth of 910.0%), and the weakest in fiscal Q2 2026 (a decline of 73.1%).
- Business Quant data shows MGNC's Operating Expenses at $131,125 (Q3 2026), $7,288 (Q2 2026) and $90,425 (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 162.90 Bn | 141.69 Bn | 2.90 Bn | 1.67 Bn |
| 3 | Rio Tinto | 141.43 Bn | 101.93 Bn | - | - |
| 4 | Newmont | 124.49 Bn | 92.49 Bn | 4.03 Bn | 3.02 Bn |
| 5 | Freeport-Mcmoran | 98.91 Bn | 82.95 Bn | 2.19 Bn | 5.03 Bn |
| 6 | Agnico Eagle Mines | 93.94 Bn | 83.57 Bn | 2.43 Bn | 119.48 Mn |
| 7 | Barrick Mining | 69.47 Bn | 44.67 Bn | 2.90 Bn | 165.00 Mn |
| 8 | Nucor | 60.63 Bn | 50.01 Bn | 2.03 Bn | 405.00 Mn |
| 9 | ArcelorMittal | 48.58 Bn | 27.60 Bn | - | -780.00 Mn |
| 10 | Mag Magna | 4.32 Mn | 4.14 Mn | - | 13.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 13.44 Mn |
| Jan 31, 2026 | 131,125.00 |
| Oct 31, 2025 | 7,288.00 |
| Jul 31, 2025 | 90,425.00 |
| Apr 30, 2025 | -25,825.00 |
| Jan 31, 2025 | 26,964.00 |
| Oct 31, 2024 | 27,075.00 |
| Jul 31, 2024 | 19,321.00 |
| Apr 30, 2024 | 35,695.00 |
| Jan 31, 2024 | 6,284.00 |
| Oct 31, 2023 | 7,071.00 |
| Jul 31, 2023 | 7,424.00 |
| Apr 30, 2023 | 3,534.00 |
| Oct 31, 2022 | 3,837.00 |
API Access
Mag Magna Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=MGNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "MGNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=MGNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();