Magnite (MGNI) Operating Expenses (2013 - 2026)

Magnite (MGNI) recorded quarterly Operating Expenses of $156.7 million in Q1 2026, up 2.13% quarter-over-quarter from $153.4 million in Q4 2025, and little changed on a YoY basis from $157.1 million in Q1 2025.

Magnite (MGNI) Operating Expenses (2013 - 2026) Analysis & Trends

Magnite's Operating Expenses history runs 14 years deep, the most recent figure standing at $156.7 million for Q1 2026.

  • In Q1 2026, Operating Expenses changed 0.31% year-over-year to $156.7 million; the TTM figure through Mar 2026 stood at $615.9 million (up 0.79% YoY), while the FY2025 annual figure was $616.4 million, changed 0.12% from the prior year.
  • Operating Expenses was $156.7 million for Q1 2026 at Magnite, up from $153.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $230.6 million in Q1 2023 to a low of $146.9 million in Q3 2024.
  • Historically, Operating Expenses has averaged $167.9 million across 5 years, with a median of $157.1 million in 2025.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 111.97% in 2022, then plunged 31.66% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $203.9 million in 2022, then retreated by 25.56% to $151.8 million in 2023, then increased by 1.28% to $153.8 million in 2024, then retreated by 0.23% to $153.4 million in 2025, then increased by 2.13% to $156.7 million in 2026.
  • The last three Operating Expenses figures came in at $156.7 million (Q1 2026), $153.4 million (Q4 2025), and $154.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 AppLovin 175.91 Bn 173.15 Bn 1.78 Bn 402.52 Mn
2 Omnicom 22.52 Bn 18.86 Bn 1.04 Bn 5.60 Bn
3 Trade Desk 9.46 Bn 8.05 Bn 506.89 Mn 622.21 Mn
4 Wpp 2.71 Bn -875.81 Mn - -
5 Nexxen International 2.36 Bn 2.23 Bn 70.41 Mn 75.27 Mn
6 Magnite 2.27 Bn 2.09 Bn 118.28 Mn 156.65 Mn
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn 264.71 Mn
8 DoubleVerify Holdings 1.69 Bn 1.51 Bn 135.23 Mn 71.10 Mn
9 Stagwell 1.60 Bn 1.51 Bn 244.61 Mn 694.50 Mn
10 Clear Channel Outdoor Holdings 1.19 Bn 1.02 Bn 193.76 Mn 97.41 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 161.52 Mn