Magnite (MGNI) Gross Margin (2013 - 2026)
Magnite (MGNI) posted Gross Margin of 67.83% for Q2 2026, up 7.24% on a QoQ basis from 63.25% in Q1 2026, and up 530.0% year-over-year from 10.77% in Q2 2025.
Analysis
Magnite (MGNI) Gross Margin (2013 - 2026) Analysis & Trends
Magnite has reported Gross Margin for 14 years, with the latest figure at 67.83% in Q2 2026.
- On a quarterly basis, Gross Margin rose 530.0% year-over-year to 67.83% in Q2 2026; TTM through Jun 2026 was 64.78%, a 246.0% increase from a year earlier, with the FY2025 full-year figure at 62.66%, up 139.0% from the prior year.
- Gross Margin was 67.83% for Q2 2026 at Magnite, up from 63.25% in the prior quarter.
- The five-year high for Gross Margin was 67.83% in Q2 2026, with the low at 4.09% in Q1 2023.
- Average Gross Margin over 5 years is 52.19%, with a median of 60.52% recorded in 2025.
- The sharpest annual moves came in 2023 and 2024: Gross Margin plunged 4561 bps in 2023, then surged 5178 bps in 2024.
- Over 5 years, Gross Margin stood at 36.71% in 2022, then surged by 70 bps to 62.54% in 2023, then gained by 4 bps to 65.05% in 2024, then increased by 2 bps to 66.15% in 2025, then increased by 3 bps to 67.83% in 2026.
- The last three Gross Margin figures came in at 67.83% (Q2 2026), 63.25% (Q1 2026), and 66.15% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,988.57 Bn | 3,559.53 Bn | 73.85 Bn | 61.65% |
| 2 | AppLovin | 102.43 Bn | 99.38 Bn | 1.70 Bn | 88.26% |
| 3 | Trade Desk | 6.51 Bn | 5.03 Bn | 530.72 Mn | 74.22% |
| 4 | Magnite | 3.38 Bn | 3.05 Bn | 130.79 Mn | 67.83% |
| 5 | DoubleVerify Holdings | 2.06 Bn | 1.85 Bn | 161.31 Mn | 83.24% |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - | - |
| 7 | Taboola.com | 1.03 Bn | 897.53 Mn | 139.48 Mn | 29.25% |
| 8 | Quinstreet | 1.02 Bn | 890.87 Mn | 49.81 Mn | 13.32% |
| 9 | Ibotta | 916.56 Mn | 768.39 Mn | 69.72 Mn | 78.42% |
| 10 | Mntn | 867.15 Mn | 629.87 Mn | 66.30 Mn | 80.32% |
Historic Data
Download Data
Historic 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% |