The studies of topological insulators (TI) and topological semimetals have been at frontiers of condensed matter physics and material science. Both classes of materials are characterized by robust surface states created by the topology of the bulk band structures and exhibit exotic transport properties. When magnetism is present in topological materials and breaks the time-reversal symmetry, more exotic quantum phenomena can be generated, e.g., quantum anomalous Hall effect (QAHE), axion insulator, and large intrinsic AHE. In this research update, we briefly summarize the recent research progress in magnetic topological materials, including intrinsic magnetic TI and magnetic Weyl semimetals.