Mgic Investment (MTG) Cost of Revenue (2022 - 2026)
Mgic Investment (MTG) recorded Cost of Revenue of $10.99 million in Q2 2026, up 287.5% from $2.84 million a year earlier but down 67.0% from the prior quarter.
Mgic Investment (MTG) Cost of Revenue (2022 - 2026) Analysis & Trends
On a TTM basis, Mgic Investment's Cost of Revenue came in at $86.38 million as of Jun 30, 2026, up 536.5% year-over-year; for FY2025, it came in at $48.9 million, up 229.1% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of -33.1% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $14.86 million in FY2024 (-28.7%), $20.86 million in FY2023 (-91.8%), $254.57 million in FY2022 (+294.2%) and $64.58 million in FY2021 (-82.3%).
- Quarterly Cost of Revenue has ranged from -$8.7 million in Q4 2024 to $105.05 million in Q3 2022 over the past five years.
- On a year-over-year basis, Cost of Revenue rose in four of the last five quarters, with growth averaging 114.2%.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 287.5% in Q2 2026, against a decline of 99.9% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $33.24 million (Q1 2026), $31.22 million (Q4 2025) and $10.93 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn | 45.95 Bn |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn | 6.69 Bn |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn | 14.57 Bn |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - | - |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn | 5.92 Bn |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - | - |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn | 11.34 Bn |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - | - |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - | - |
| 10 | Mgic Investment | 5.57 Bn | 4.43 Bn | 284.40 Mn | 10.99 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.99 Mn |
| Mar 31, 2026 | 33.24 Mn |
| Dec 31, 2025 | 31.22 Mn |
| Sep 30, 2025 | 10.93 Mn |
| Jun 30, 2025 | 2.84 Mn |
| Mar 31, 2025 | 9.59 Mn |
| Dec 31, 2024 | -8.70 Mn |
| Sep 30, 2024 | 9.84 Mn |
| Jun 30, 2024 | 18.27 Mn |
| Mar 31, 2024 | 4.56 Mn |
| Dec 31, 2023 | 9.53 Mn |
| Sep 30, 2023 | 77,000.00 |
| Jun 30, 2023 | 17.69 Mn |
| Mar 31, 2023 | 6.45 Mn |
| Dec 31, 2022 | 31.14 Mn |
| Sep 30, 2022 | 105.05 Mn |
| Jun 30, 2022 | 99.06 Mn |
| Mar 31, 2022 | 19.31 Mn |
Mgic Investment Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();