Mgic Investment (MTG) Other Operating Expenses (2009 - 2026)
Mgic Investment (MTG) recorded Other Operating Expenses of $44.28 million in Q2 2026, down 12.1% from $50.35 million a year earlier and down 5.6% from the prior quarter.
Mgic Investment (MTG) Other Operating Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Mgic Investment's Other Operating Expenses came in at $182.88 million as of Jun 30, 2026, down 8.3% year-over-year; for FY2025, it was $193.47 million, down 7.6% from FY2024.
- Annual Other Operating Expenses has declined for three straight years, though with a five-year compound annual growth rate of 1.9% (FY2020 to FY2025).
- Across earlier years, Other Operating Expenses came in at $209.32 million in FY2024 (-7.4%), $226 million in FY2023 (-4.5%), $236.7 million in FY2022 (+19.3%) and $198.45 million in FY2021 (+12.5%).
- Quarterly Other Operating Expenses has ranged from $42.68 million in Q4 2021 to $70.06 million in Q1 2023 over the past five years.
- On a year-over-year basis, Other Operating Expenses has declined for seven consecutive quarters, with an average decline of 7.3% over the last eight quarters.
- Peak year-over-year performance for Other Operating Expenses in the last five years was growth of 64.1% in Q4 2022, against a decline of 26.0% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $46.88 million (Q1 2026), $43.93 million (Q4 2025) and $47.78 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 140.29 Bn | 85.93 Bn | 8.67 Bn |
| 2 | Progressive | 132.20 Bn | 107.72 Bn | 8.29 Bn |
| 3 | Marsh & Mclennan Companies | 96.60 Bn | 88.76 Bn | - |
| 4 | Travelers Companies | 82.11 Bn | 59.60 Bn | 5.93 Bn |
| 5 | Manulife Financial | 75.43 Bn | 8.45 Bn | - |
| 6 | Arthur J. Gallagher | 71.09 Bn | 65.68 Bn | - |
| 7 | Aon | 70.49 Bn | 49.69 Bn | - |
| 8 | Metlife | 65.52 Bn | -41.26 Bn | 7.82 Bn |
| 9 | Allstate | 64.49 Bn | 24.33 Bn | 7.41 Bn |
| 10 | Mgic Investment | 5.79 Bn | 4.71 Bn | 275.14 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 43.56 Mn |
| Jun 30, 2026 | 44.28 Mn |
| Mar 31, 2026 | 46.88 Mn |
| Dec 31, 2025 | 43.93 Mn |
| Sep 30, 2025 | 47.78 Mn |
| Jun 30, 2025 | 50.35 Mn |
| Mar 31, 2025 | 51.41 Mn |
| Dec 31, 2024 | 46.66 Mn |
| Sep 30, 2024 | 50.97 Mn |
| Jun 30, 2024 | 52.68 Mn |
| Mar 31, 2024 | 59.02 Mn |
| Dec 31, 2023 | 51.81 Mn |
| Sep 30, 2023 | 50.13 Mn |
| Jun 30, 2023 | 54.00 Mn |
| Mar 31, 2023 | 70.06 Mn |
| Dec 31, 2022 | 70.04 Mn |
| Sep 30, 2022 | 58.48 Mn |
| Jun 30, 2022 | 53.45 Mn |
| Mar 31, 2022 | 54.73 Mn |
| Dec 31, 2021 | 42.68 Mn |
Mgic Investment Other Operating Expenses 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=other-operating-expenses&ticker=MTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-expenses", "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=other-operating-expenses&ticker=MTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();