Magnite (MGNI) Gross Margin (2013 - 2026)
Magnite (MGNI) posted quarterly Gross Margin of 63.25% for Q1 2026, up 356.0% year-over-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.
- In Q1 2026, Gross Margin rose 356.0% year-over-year to 63.25%; the TTM figure through Mar 2026 stood at 63.43% (up 134.0% YoY), while the FY2025 annual figure was 62.66%, up 139.0% from the prior year.
- Gross Margin for Q1 2026 stood at 63.25%, down from 66.15% in the prior quarter.
- The five-year high for Gross Margin was 66.15% in Q4 2025, with the low at 4.09% in Q1 2023.
- The 5-year median for Gross Margin is 59.69% (2025), against an average of 51.27%.
- The sharpest annual moves came in 2023 and 2024: Gross Margin plunged 4561 bps in 2023, then soared 5178 bps in 2024.
- Magnite's Gross Margin stood at 36.71% in 2022, then soared by 70 bps to 62.54% in 2023, then increased by 4 bps to 65.05% in 2024, then climbed by 2 bps to 66.15% in 2025, then fell by 4 bps to 63.25% in 2026.
- Business Quant data shows MGNI's Gross Margin at 63.25% in Q1 2026, 66.15% in Q4 2025, and 61.36% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 103.70 Bn | 100.65 Bn | 1.70 Bn | 88.26% |
| 2 | Omnicom | 24.37 Bn | 21.03 Bn | 1.30 Bn | 19.78% |
| 3 | Trade Desk | 6.27 Bn | 4.78 Bn | 530.72 Mn | 74.22% |
| 4 | Wpp | 5.67 Bn | 2.50 Bn | - | - |
| 5 | Magnite | 3.35 Bn | 3.02 Bn | 130.79 Mn | 67.83% |
| 6 | Stagwell | 2.09 Bn | 1.98 Bn | 269.24 Mn | 34.24% |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn | 83.24% |
| 8 | Ziff Davis | 2.02 Bn | 410.50 Mn | 241.03 Mn | 84.06% |
| 9 | Clear Channel Outdoor Holdings | 1.22 Bn | 1.02 Bn | 241.86 Mn | 55.21% |
| 10 | Quinstreet | 1.17 Bn | 1.06 Bn | 41.34 Mn | 11.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 67.83% |
| 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% |