Magnite (MGNI) Restructuring Costs (2016 - 2023)

Magnite (MGNI) recorded quarterly Restructuring Costs of -$35000.0 in Q4 2023, down 100.47% quarter-over-quarter from $7.5 million in Q1 2023, and down 9.38% on a YoY basis from -$38620.7 in Q4 2022.

Magnite (MGNI) Restructuring Costs (2016 - 2023) Analysis & Trends

Magnite's Restructuring Costs history runs 8 years deep, the most recent figure standing at -$35000.0 for Q4 2023.

  • In Q4 2023, Restructuring Costs fell 9.38% year-over-year to -$35000.0; the TTM figure through Sep 2024 stood at -$35000.0 (down 100.47% YoY), while the FY2025 annual figure was $200000.0, changed N/A from the prior year.
  • Restructuring Costs was -$35000.0 for Q4 2023 at Magnite, down from $7.5 million in the prior quarter.
  • In the past five years, Restructuring Costs ranged from a high of $32.6 million in Q2 2021 to a low of -$9.4 million in Q4 2021.
  • Historically, Restructuring Costs has averaged $3.8 million across 5 years, with a median of $1.0 million in 2020.
  • The sharpest annual moves came in 2021 and 2023: Restructuring Costs plunged 1171.77% in 2021, then soared 867.74% in 2023.
  • A 5-year view of Restructuring Costs shows it stood at $2.0 million in 2019, then plunged by 57.13% to $875000.0 in 2020, then slumped by 1171.77% to -$9.4 million in 2021, then surged by 99.66% to -$32000.0 in 2022, then dropped by 9.38% to -$35000.0 in 2023.
  • The last three Restructuring Costs figures came in at -$35000.0 (Q4 2023), $7.5 million (Q1 2023), and -$32000.0 (Q4 2022), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Dec 31, 2023 -35,000.00
Mar 31, 2023 7.50 Mn
Dec 31, 2022 -32,000.00
Jun 30, 2022 142,000.00
Mar 31, 2022 775,000.00
Dec 31, 2021 -9.38 Mn
Sep 30, 2021 1.06 Mn
Jun 30, 2021 32.60 Mn
Mar 31, 2021 2.70 Mn
Dec 31, 2020 875,000.00
Sep 30, 2020 952,000.00
Jun 30, 2020 12.49 Mn
Mar 31, 2020 1.93 Mn
Dec 31, 2019 2.04 Mn
Jun 30, 2018 974,000.00
Mar 31, 2018 3.40 Mn
Jun 30, 2017 1.62 Mn
Mar 31, 2017 4.34 Mn
Dec 31, 2016 3.32 Mn