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| Date | Value |
|---|---|
| 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 |