Magnite (MGNI) Operating Margin (2013 - 2026)
Magnite (MGNI) posted Operating Margin of 16.19% for Q2 2026, up 244.8% on a QoQ basis from 4.7% in Q1 2026, and up 352.0% year-over-year from 3.58% in Q2 2025.
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Magnite (MGNI) Operating Margin (2013 - 2026) Analysis & Trends
Magnite has reported Operating Margin for 14 years, with the latest figure at 16.19% in Q2 2026.
- On a quarterly basis, Operating Margin rose 352.0% year-over-year to 16.19% in Q2 2026; TTM through Jun 2026 was 15.63%, a 454.0% increase from a year earlier, with the FY2025 full-year figure at 13.67%, up 602.0% from the prior year.
- Operating Margin was 16.19% for Q2 2026 at Magnite, up from 4.7% in the prior quarter.
- The five-year high for Operating Margin was 25.3% in Q4 2025, with the low at 77.21% in Q1 2023.
- Average Operating Margin over 5 years is 5.56%, with a median of 1.91% recorded in 2025.
- The sharpest annual moves came in 2023 and 2024: Operating Margin slumped 4349 bps in 2023, then soared 6795 bps in 2024.
- Over 5 years, Operating Margin stood at 16.27% in 2022, then jumped by 215 bps to 18.79% in 2023, then climbed by 10 bps to 20.73% in 2024, then gained by 22 bps to 25.3% in 2025, then plunged by 36 bps to 16.19% in 2026.
- The last three Operating Margin figures came in at 16.19% (Q2 2026), 4.7% (Q1 2026), and 25.3% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,015.60 Bn | 3,586.56 Bn | 73.85 Bn | 34.03% |
| 2 | AppLovin | 105.55 Bn | 102.50 Bn | 1.70 Bn | 77.68% |
| 3 | Trade Desk | 6.54 Bn | 5.05 Bn | 530.72 Mn | 14.21% |
| 4 | Magnite | 3.37 Bn | 3.04 Bn | 130.79 Mn | 16.19% |
| 5 | DoubleVerify Holdings | 2.06 Bn | 1.85 Bn | 161.31 Mn | 11.88% |
| 6 | Digital Turbine | 1.37 Bn | 1.33 Bn | - | - |
| 7 | Taboola.com | 1.04 Bn | 903.09 Mn | 139.48 Mn | 1.52% |
| 8 | Quinstreet | 1.03 Bn | 904.30 Mn | 49.81 Mn | 5.11% |
| 9 | Ibotta | 929.95 Mn | 781.77 Mn | 69.72 Mn | -2.11% |
| 10 | Mntn | 865.30 Mn | 628.02 Mn | 66.30 Mn | 8.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.19% |
| Mar 31, 2026 | 4.70% |
| Dec 31, 2025 | 25.30% |
| Sep 30, 2025 | 13.95% |
| Jun 30, 2025 | 12.67% |
| Mar 31, 2025 | -0.88% |
| Dec 31, 2024 | 20.73% |
| Sep 30, 2024 | 9.34% |
| Jun 30, 2024 | 5.88% |
| Mar 31, 2024 | -9.26% |
| Dec 31, 2023 | 18.79% |
| Sep 30, 2023 | -11.89% |
| Jun 30, 2023 | -47.07% |
| Mar 31, 2023 | -77.21% |
| Dec 31, 2022 | -16.27% |
| Sep 30, 2022 | -14.51% |
| Jun 30, 2022 | -16.88% |
| Mar 31, 2022 | -33.73% |
| Dec 31, 2021 | 2.25% |
| Sep 30, 2021 | -18.16% |