Magnite (MGNI) Gross Margin (2013 - 2026)
Magnite's (MGNI) quarterly Gross Margin came in at 63.25% in Q1 2026, up 356.0% year-on-year from 13.87% in Q1 2025, and down 4.39% quarter-over-quarter from 66.15% in Q4 2025.
Magnite (MGNI) Gross Margin (2013 - 2026) Analysis & Trends
Magnite's Gross Margin history runs 14 years deep, the most recent figure standing at 63.25% for Q1 2026.
- On a quarterly basis, Gross Margin rose 356.0% year-over-year to 63.25% in Q1 2026; TTM through Mar 2026 was 63.43%, a 134.0% increase from a year earlier, with the FY2025 full-year figure at 62.66%, up 139.0% from the prior year.
- Gross Margin declined to 63.25% in Q1 2026 per MGNI's latest filing, from 66.15% in the prior quarter.
- Across five years, Gross Margin topped out at 66.15% in Q4 2025 and bottomed at 4.09% in Q1 2023.
- The 5-year median for Gross Margin is 59.69% (2025), against an average of 51.27%.
- Across the five-year window, Gross Margin sank 4561 bps in 2023 and soared 5178 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 36.71% in 2022, then jumped by 70 bps to 62.54% in 2023, then rose by 4 bps to 65.05% in 2024, then grew by 2 bps to 66.15% in 2025, then retreated by 4 bps to 63.25% in 2026.
- Per Business Quant, the three latest MGNI Gross Margin figures stand at 63.25% (Q1 2026), 66.15% (Q4 2025), and 61.36% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 134.57 Bn | 131.82 Bn | 1.64 Bn | 88.95% |
| 2 | Wpp | 26.03 Bn | 22.66 Bn | - | - |
| 3 | Omnicom | 22.21 Bn | 18.26 Bn | 1.04 Bn | 16.62% |
| 4 | Trade Desk | 7.97 Bn | 6.56 Bn | 506.89 Mn | 73.58% |
| 5 | Magnite | 2.57 Bn | 2.39 Bn | 103.96 Mn | 63.25% |
| 6 | Ziff Davis | 1.94 Bn | 1.42 Bn | 223.32 Mn | 83.44% |
| 7 | Stagwell | 1.76 Bn | 1.66 Bn | 244.61 Mn | 34.74% |
| 8 | DoubleVerify Holdings | 1.67 Bn | 1.50 Bn | 147.67 Mn | 81.66% |
| 9 | Clear Channel Outdoor Holdings | 1.20 Bn | 1.03 Bn | 193.76 Mn | 51.83% |
| 10 | Criteo | 1.05 Bn | 737.13 Mn | 222.74 Mn | 52.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 63.25% |
| Dec 31, 2025 | 66.15% |
| Sep 30, 2025 | 61.36% |
| Jun 30, 2025 | 62.53% |
| Mar 31, 2025 | 59.69% |
| Dec 31, 2024 | 65.05% |
| Sep 30, 2024 | 61.39% |
| Jun 30, 2024 | 61.56% |
| Mar 31, 2024 | 55.86% |
| Dec 31, 2023 | 62.54% |
| Sep 30, 2023 | 43.45% |
| Jun 30, 2023 | 14.66% |
| Mar 31, 2023 | 4.09% |
| Dec 31, 2022 | 36.71% |
| Sep 30, 2022 | 50.79% |
| Jun 30, 2022 | 52.82% |
| Mar 31, 2022 | 49.70% |
| Dec 31, 2021 | 58.56% |
| Sep 30, 2021 | 51.82% |
| Jun 30, 2021 | 55.89% |