Magnite (MGNI) Gross Margin (2013 - 2026)

Magnite (MGNI) recorded quarterly Gross Margin of 71.96% in Q1 2026, up 8.78% quarter-over-quarter from 66.15% in Q4 2025, and up 1228.0% on a YoY basis from 5.42% in Q1 2025.

Magnite (MGNI) Gross Margin (2013 - 2026) Analysis & Trends

Magnite's Gross Margin history runs 14 years deep, the most recent figure standing at 71.96% for Q1 2026.

  • In Q1 2026, Gross Margin rose 1228.0% year-over-year to 71.96%; the TTM figure through Mar 2026 stood at 72.56% (up 342.0% YoY), while the FY2025 annual figure was 62.66%, down 1248.0% from the prior year.
  • Gross Margin was 71.96% for Q1 2026 at Magnite, up from 66.15% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 79.05% in Q4 2024 to a low of 46.31% in Q4 2023.
  • Historically, Gross Margin has averaged 53.3% across 5 years, with a median of 62.38% in 2022.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin plunged 6659 bps in 2022, then surged 12536 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 11.35% in 2022, then slumped by 508 bps to 46.31% in 2023, then jumped by 271 bps to 79.05% in 2024, then slipped by 16 bps to 66.15% in 2025, then rose by 9 bps to 71.96% in 2026.
  • The last three Gross Margin figures came in at 71.96% (Q1 2026), 66.15% (Q4 2025), and 77.52% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 AppLovin 175.91 Bn 173.15 Bn 1.78 Bn 96.70%
2 Omnicom 22.52 Bn 18.86 Bn 1.04 Bn 16.62%
3 Trade Desk 9.46 Bn 8.05 Bn 506.89 Mn 73.58%
4 Wpp 2.71 Bn -875.81 Mn - -
5 Nexxen International 2.36 Bn 2.23 Bn 70.41 Mn 81.08%
6 Magnite 2.27 Bn 2.09 Bn 118.28 Mn 71.96%
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn 56.94%
8 DoubleVerify Holdings 1.69 Bn 1.51 Bn 135.23 Mn 74.79%
9 Stagwell 1.60 Bn 1.51 Bn 244.61 Mn 34.74%
10 Clear Channel Outdoor Holdings 1.19 Bn 1.02 Bn 193.76 Mn 51.83%

Historic Data

Download Data
DateValue
Mar 31, 2026 71.96%
Dec 31, 2025 66.15%
Sep 30, 2025 77.52%
Jun 30, 2025 75.58%
Mar 31, 2025 59.69%
Dec 31, 2024 79.05%
Sep 30, 2024 61.39%
Jun 30, 2024 74.07%
Mar 31, 2024 55.86%
Dec 31, 2023 -46.31%
Sep 30, 2023 74.53%
Jun 30, 2023 70.41%
Mar 31, 2023 4.09%
Dec 31, 2022 11.35%
Sep 30, 2022 50.79%
Jun 30, 2022 62.38%
Mar 31, 2022 57.65%
Dec 31, 2021 77.94%
Sep 30, 2021 60.37%
Jun 30, 2021 55.89%