Magnite (MGNI) Operating Expenses (2013 - 2026)
Magnite (MGNI) posted Operating Expenses of $161.6 million for Q2 2026, up 3.16% on a QoQ basis from $156.7 million in Q1 2026, and up 6.76% year-over-year from $151.4 million in Q2 2025.
Analysis
Magnite (MGNI) Operating Expenses (2013 - 2026) Analysis & Trends
Magnite has reported Operating Expenses for 14 years, with the latest figure at $161.6 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 6.76% year-over-year to $161.6 million in Q2 2026; TTM through Jun 2026 was $626.1 million, a 2.78% increase from a year earlier, with the FY2025 full-year figure at $616.4 million, changed 0.12% from the prior year.
- Operating Expenses was $161.6 million for Q2 2026 at Magnite, up from $156.7 million in the prior quarter.
- The five-year high for Operating Expenses was $230.6 million in Q1 2023, with the low at $146.9 million in Q3 2024.
- Average Operating Expenses over 5 years is $167.6 million, with a median of $157.5 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 111.97% in 2022, then tumbled 31.66% in 2024.
- Over 5 years, Operating Expenses stood at $203.9 million in 2022, then decreased by 25.56% to $151.8 million in 2023, then rose by 1.28% to $153.8 million in 2024, then decreased by 0.23% to $153.4 million in 2025, then grew by 5.35% to $161.6 million in 2026.
- The last three Operating Expenses figures came in at $161.6 million (Q2 2026), $156.7 million (Q1 2026), and $153.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,015.60 Bn | 3,586.56 Bn | 73.85 Bn | 79.03 Bn |
| 2 | AppLovin | 105.55 Bn | 102.50 Bn | 1.70 Bn | 429.41 Mn |
| 3 | Trade Desk | 6.54 Bn | 5.05 Bn | 530.72 Mn | 613.48 Mn |
| 4 | Magnite | 3.37 Bn | 3.04 Bn | 130.79 Mn | 161.60 Mn |
| 5 | DoubleVerify Holdings | 2.06 Bn | 1.85 Bn | 161.31 Mn | 75.23 Mn |
| 6 | Digital Turbine | 1.37 Bn | 1.33 Bn | - | - |
| 7 | Taboola.com | 1.04 Bn | 903.09 Mn | 139.48 Mn | 132.22 Mn |
| 8 | Quinstreet | 1.03 Bn | 904.30 Mn | 49.81 Mn | 21.08 Mn |
| 9 | Ibotta | 929.95 Mn | 781.77 Mn | 69.72 Mn | 71.60 Mn |
| 10 | Mntn | 865.30 Mn | 628.02 Mn | 66.30 Mn | 59.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 161.60 Mn |
| Mar 31, 2026 | 156.65 Mn |
| Dec 31, 2025 | 153.39 Mn |
| Sep 30, 2025 | 154.45 Mn |
| Jun 30, 2025 | 151.37 Mn |
| Mar 31, 2025 | 157.14 Mn |
| Dec 31, 2024 | 153.75 Mn |
| Sep 30, 2024 | 146.88 Mn |
| Jun 30, 2024 | 153.31 Mn |
| Mar 31, 2024 | 163.15 Mn |
| Dec 31, 2023 | 151.81 Mn |
| Sep 30, 2023 | 167.93 Mn |
| Jun 30, 2023 | 224.34 Mn |
| Mar 31, 2023 | 230.65 Mn |
| Dec 31, 2022 | 203.94 Mn |
| Sep 30, 2022 | 166.97 Mn |
| Jun 30, 2022 | 161.04 Mn |
| Mar 31, 2022 | 157.90 Mn |
| Dec 31, 2021 | 157.65 Mn |
| Sep 30, 2021 | 155.82 Mn |