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

Mgic Investment's (MTG) quarterly Cost of Revenue came in at $33.2 million in Q1 2026, up 246.6% year-on-year 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's Cost of Revenue history runs 5 years deep, the most recent figure standing at $33.2 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 246.6% year-over-year to $33.2 million in Q1 2026; TTM through Mar 2026 was $78.2 million, a 169.67% increase from a year earlier, with the FY2025 full-year figure at $48.9 million, up 229.07% from the prior year.
  • Cost of Revenue rose to $33.2 million in Q1 2026 per MTG's latest filing, from $31.2 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $105.1 million in Q3 2022 and bottomed at -$8.7 million in Q4 2024.
  • The 5-year median for Cost of Revenue is $10.9 million (2025), against an average of $23.5 million.
  • Biggest YoY gain for Cost of Revenue was 12681.82% in 2024; the steepest drop was 191.23% in 2024.
  • Year by year, Cost of Revenue stood at $31.1 million in 2022, then slumped by 69.38% to $9.5 million in 2023, then tumbled by 191.23% to -$8.7 million in 2024, then surged by 458.92% to $31.2 million in 2025, then climbed by 6.48% to $33.2 million in 2026.
  • Per Business Quant, the three latest MTG Cost of Revenue figures stand at $33.2 million (Q1 2026), $31.2 million (Q4 2025), and $10.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Fidelity National Financial 14.00 Bn 9.88 Bn 3.16 Bn 62.00 Mn
2 Axis Capital Holdings 8.67 Bn 8.14 Bn 613.18 Mn 867.28 Mn
3 First American Financial 7.85 Bn 4.73 Bn 1.77 Bn 352.10 Mn
4 Enact Holdings 6.68 Bn 6.13 Bn 205.69 Mn 37.16 Mn
5 Mgic Investment 6.51 Bn 6.48 Bn 263.84 Mn 33.24 Mn
6 Essent 6.24 Bn 6.24 Bn 211.88 Mn 48.22 Mn
7 Radian 5.36 Bn 5.30 Bn 304.36 Mn 98.17 Mn
8 Assured Guaranty 3.83 Bn 3.31 Bn 65.00 Mn 17.00 Mn
9 NMI Holdings 3.29 Bn 3.22 Bn 134.15 Mn 20.66 Mn
10 Employers Holdings 962.93 Mn 626.53 Mn 51.80 Mn 129.10 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