Mag Magna Gross Margin Growth & History (MGNC)

Mag Magna's gross margin was 100.00% for fiscal 2024.

View full Mag Magna company overview

Mag Magna annual gross margin history

Mag Magna annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20242024-04-30100.00%

Mag Magna gross margin trends

The latest reported quarter, Q2 2025, shows 41.78%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Mag Magna source filings ↗

Community posts

It’s quiet here.

No posts about MGNC yet. Start the conversation.

Write the first post