Magnite (MGNI) Operating Margin (2013 - 2026)
Magnite's (MGNI) quarterly Operating Margin came in at 4.7% in Q1 2026, up 557.0% year-on-year from 0.71% in Q1 2025, and down 81.44% quarter-over-quarter from 25.3% in Q4 2025.
Magnite (MGNI) Operating Margin (2013 - 2026) Analysis & Trends
Magnite's Operating Margin history runs 14 years deep, the most recent figure standing at 4.7% for Q1 2026.
- On a quarterly basis, Operating Margin rose 557.0% year-over-year to 4.7% in Q1 2026; TTM through Mar 2026 was 14.76%, a 534.0% increase from a year earlier, with the FY2025 full-year figure at 13.67%, up 602.0% from the prior year.
- Operating Margin eased to 4.7% in Q1 2026 per MGNI's latest filing, from 25.3% in the prior quarter.
- Across five years, Operating Margin topped out at 25.3% in Q4 2025 and bottomed at 77.21% in Q1 2023.
- The 5-year median for Operating Margin is 0.88% (2025), against an average of 6.84%.
- Across the five-year window, Operating Margin tumbled 4349 bps in 2023 and jumped 6795 bps in 2024, its largest moves.
- Year by year, Operating Margin stood at 16.27% in 2022, then soared by 215 bps to 18.79% in 2023, then advanced by 10 bps to 20.73% in 2024, then rose by 22 bps to 25.3% in 2025, then slumped by 81 bps to 4.7% in 2026.
- Per Business Quant, the three latest MGNI Operating Margin figures stand at 4.7% (Q1 2026), 25.3% (Q4 2025), and 13.95% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 134.57 Bn | 131.82 Bn | 1.64 Bn | 78.15% |
| 2 | Wpp | 26.03 Bn | 22.66 Bn | - | - |
| 3 | Omnicom | 22.21 Bn | 18.26 Bn | 1.04 Bn | 10.35% |
| 4 | Trade Desk | 7.97 Bn | 6.56 Bn | 506.89 Mn | 9.68% |
| 5 | Magnite | 2.57 Bn | 2.39 Bn | 103.96 Mn | 4.70% |
| 6 | Ziff Davis | 1.94 Bn | 1.42 Bn | 223.32 Mn | 1.10% |
| 7 | Stagwell | 1.76 Bn | 1.66 Bn | 244.61 Mn | 1.37% |
| 8 | DoubleVerify Holdings | 1.67 Bn | 1.50 Bn | 147.67 Mn | 8.65% |
| 9 | Clear Channel Outdoor Holdings | 1.20 Bn | 1.03 Bn | 193.76 Mn | 10.56% |
| 10 | Criteo | 1.05 Bn | 737.13 Mn | 222.74 Mn | 2.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -41.02% |