Mag Magna (MGNC) Operating Expenses (2023 - 2026)
Mag Magna (MGNC) posted Operating Expenses of $131125.0 for Q1 2026, up 1699.19% on a QoQ basis from $7288.0 in Q4 2025, and up 386.3% year-over-year from $26964.0 in Q1 2025.
Analysis
Mag Magna (MGNC) Operating Expenses (2023 - 2026) Analysis & Trends
Mag Magna has reported Operating Expenses for 4 years, with the latest figure at $131125.0 in Q1 2026.
- On a quarterly basis, Operating Expenses rose 386.3% year-over-year to $131125.0 in Q1 2026; TTM through Jan 2026 was $257639.0, a 136.25% increase from a year earlier, with the FY2025 full-year figure at $102161.0, up 80.9% from the prior year.
- Operating Expenses was $131125.0 for Q1 2026 at Mag Magna, up from $7288.0 in the prior quarter.
- The five-year high for Operating Expenses was $131125.0 in Q1 2026, with the low at $3534.0 in Q2 2023.
- Average Operating Expenses over 4 years is $32583.9, with a median of $23142.5 recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 910.05% in 2024, then tumbled 73.08% in 2025.
- Over 4 years, Operating Expenses stood at $7071.0 in 2023, then soared by 282.9% to $27075.0 in 2024, then sank by 73.08% to $7288.0 in 2025, then jumped by 1699.19% to $131125.0 in 2026.
- The last three Operating Expenses figures came in at $131125.0 (Q1 2026), $7288.0 (Q4 2025), and $90425.0 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | USA Rare Earth | 4.31 Bn | 4.31 Bn | -1.58 Mn | 44.73 Mn |
| 2 | Evolution Metals & Technologies | 1.88 Bn | 1.88 Bn | -115,000.00 | 12.07 Mn |
| 3 | Niocorp Developments | 143.72 Mn | -163.29 Mn | - | 9.50 Mn |
| 4 | DyTb | 71.56 Mn | 71.56 Mn | - | 1.35 Mn |
| 5 | Critical Metals | 8.39 Mn | -7.05 Bn | - | -151,275.66 |
| 6 | Mag Magna | 3.35 Mn | 3.32 Mn | - | 131,125.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 131,125.00 |
| Oct 31, 2025 | 7,288.00 |
| Jul 31, 2025 | 90,425.00 |
| Apr 30, 2025 | 28,801.00 |
| 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 |