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| Date | Value |
|---|---|
| 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% |