Mgic Investment (MTG) Cost of Revenue (2022 - 2026)

Mgic Investment (MTG) reported Cost of Revenue of $33.2 million for Q1 2026, up 246.6% on a YoY basis from $9.6 million in Q1 2025, and up 6.48% quarter-over-quarter from $31.2 million in Q4 2025.

Mgic Investment (MTG) Cost of Revenue (2022 - 2026) Analysis & Trends

Mgic Investment has reported Cost of Revenue for 5 years, with the latest figure at $33.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 246.6% year-over-year to $33.2 million; the trailing twelve-month figure through Mar 2026 stood at $78.2 million (up 169.67% YoY), and the FY2025 full-year result was $48.9 million, up 229.07% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $33.2 million, up from $31.2 million in the prior quarter.
  • The five-year high for Cost of Revenue was $105.1 million in Q3 2022, with the low at -$8.7 million in Q4 2024.
  • Historically, Cost of Revenue has averaged $23.5 million across 5 years, with a median of $10.9 million in 2025.
  • The largest YoY upside for Cost of Revenue was 12681.82% in 2024 against a maximum downside of 191.23% in 2024.
  • Mgic Investment's Cost of Revenue stood at $31.1 million in 2022, then tumbled by 69.38% to $9.5 million in 2023, then plunged by 191.23% to -$8.7 million in 2024, then jumped by 458.92% to $31.2 million in 2025, then advanced by 6.48% to $33.2 million in 2026.
  • The last three Cost of Revenue figures came in at $33.2 million (Q1 2026), $31.2 million (Q4 2025), and $10.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Fidelity National Financial 12.87 Bn 10.21 Bn 2.62 Bn 608.00 Mn
2 Axis Capital Holdings 7.52 Bn 6.65 Bn - -
3 First American Financial 6.80 Bn 3.91 Bn 1.24 Bn 602.20 Mn
4 Enact Holdings 6.01 Bn 5.46 Bn 205.74 Mn 37.16 Mn
5 Mgic Investment 5.57 Bn 5.32 Bn 202.12 Mn 33.24 Mn
6 Essent 5.47 Bn 5.47 Bn - -
7 Radian 4.74 Bn 4.66 Bn 368.17 Mn 98.17 Mn
8 Ryan Specialty Holdings 4.62 Bn 5.05 Bn - -
9 Assured Guaranty 3.42 Bn -495.48 Mn 216.00 Mn 45.00 Mn
10 NMI Holdings 2.82 Bn 2.75 Bn 152.85 Mn 30.62 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 33.24 Mn
Mar 31, 2026 33.24 Mn
Dec 31, 2025 31.22 Mn
Dec 31, 2025 31.22 Mn
Sep 30, 2025 10.93 Mn
Sep 30, 2025 10.93 Mn
Jun 30, 2025 2.84 Mn
Jun 30, 2025 2.84 Mn
Mar 31, 2025 9.59 Mn
Mar 31, 2025 9.59 Mn
Dec 31, 2024 -8.70 Mn
Dec 31, 2024 -8.70 Mn
Sep 30, 2024 9.84 Mn
Sep 30, 2024 9.84 Mn
Jun 30, 2024 18.27 Mn
Jun 30, 2024 18.27 Mn
Mar 31, 2024 4.56 Mn
Mar 31, 2024 4.56 Mn
Dec 31, 2023 9.53 Mn
Dec 31, 2023 9.53 Mn