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