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
DateValue
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%