Magnite (MGNI) Cost of Revenue (2013 - 2026)

Magnite's Cost of Revenue history runs 14 years deep, the most recent figure standing at $46.1 million for Q1 2026.

• In Q1 2026, Cost of Revenue fell 26.61% year-over-year to $46.1 million; the TTM figure through Mar 2026 stood at $198.3 million (down 4.77% YoY), while the FY2025 annual figure was $266.6 million, up 60.48% from the prior year.
• Cost of Revenue was $46.1 million for Q1 2026 at Magnite, down from $69.5 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $273.5 million in Q4 2023 to a low of $38.2 million in Q3 2023.
• Historically, Cost of Revenue has averaged $75.5 million across 5 years, with a median of $51.8 million in 2022.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue jumped 336.98% in 2022, then sank 85.15% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $155.5 million in 2022, then soared by 75.89% to $273.5 million in 2023, then tumbled by 85.15% to $40.6 million in 2024, then soared by 71.09% to $69.5 million in 2025, then plunged by 33.7% to $46.1 million in 2026.
• The last three Cost of Revenue figures came in at $46.1 million (Q1 2026), $69.5 million (Q4 2025), and $40.3 million (Q3 2025), per Business Quant data.