Magnite (MGNI) Financials: History & Chart

Magnite, Inc.(MGNI)

Advertising Agencies · New York City, NY

$24.94-0.02 (-0.08%)

Delayed quote: Oct 6, 2026, 12:55 PM EDT

About Magnite, Inc.

Magnite, Inc. manages an independent, global platform dedicated to the digital advertising marketplace. This sophisticated system furnishes publishers—entities controlling digital content such as connected TV channels, mobile applications, and websites—with the necessary applications and utilities to oversee and monetize their ad inventory. Concurrently, it delivers services and tools for advertising buyers, including advertisers, agencies, agency trading desks, and demand-side platforms, enabling them to procure digital ad space. The company employs sales teams operating from various international locations to market its advanced technological solutions to both buying and selling parties. Formed in 2007, the enterprise was formerly known as The Rubicon Project, Inc. before rebranding as Magnite, Inc. in July 2020. Its corporate headquarters are located in New York, New York.

New York City, NY

971 employees

www.magnite.com

Communication Services / Advertising Agencies

Sector: Communication Services
Industry: Advertising Agencies
CEO: Michael G. Barrett

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	742.04M	192.82M	164.37M	205.36M	179.49M	173.33M	155.77M	193.97M	162.00M
Cost of Goods Sold	261.31M	62.04M	60.41M	69.51M	69.36M	64.95M	62.80M	67.79M	62.54M
Gross Profit	480.73M	130.78M	103.96M	135.84M	110.14M	108.38M	92.97M	126.18M	99.46M
Gross Profit Margin	64.8%	67.8%	63.2%	66.2%	61.4%	62.5%	59.7%	65.1%	61.4%
Total Operating Expenses	364.62M	99.56M	96.24M	83.72M	85.10M	86.42M	94.34M	85.96M	84.34M
Research & Development	90.14M	24.14M	25.17M	20.64M	20.20M	21.58M	22.29M	22.26M	20.26M
Selling, General & Administrative	274.48M	75.43M	71.07M	63.08M	64.90M	64.84M	72.04M	63.70M	64.08M
Operating Income (EBIT)	116.11M	31.22M	7.72M	52.13M	25.04M	21.96M	-1.36M	40.22M	15.12M
Operating Margin	15.6%	16.2%	4.7%	25.4%	14.0%	12.7%	-0.9%	20.7%	9.3%
Income Before Tax (EBT)	98.30M	25.55M	3.73M	48.07M	20.94M	12.10M	-10.49M	42.26M	6.24M
Interest Income	6.96M	1.28M	2.45M	N/A	3.23M	2.73M	3.24M	N/A	N/A
Interest Expense	22.50M	7.59M	7.01M	N/A	7.90M	7.80M	8.42M	5.43M	6.85M
Other Income/Expense	-17.81M	-5.67M	-3.99M	-4.05M	-4.10M	-9.86M	-9.12M	2.04M	-8.88M
Net Income	166.89M	19.37M	4.41M	123.05M	20.06M	11.14M	-9.63M	36.41M	5.21M
Income Tax Expense	-68.59M	6.18M	-681K	-74.98M	885K	958K	-853K	5.85M	1.03M
Net Profit Margin	22.5%	10.0%	2.7%	59.9%	11.2%	6.4%	-6.2%	18.8%	3.2%
EBITDA	170.89M	45.78M	22.09M	65.68M	37.35M	34.17M	14.24M	56.39M	29.66M
EBITDA Margin	23.0%	23.7%	13.4%	32.0%	20.8%	19.7%	9.1%	29.1%	18.3%
Depreciation & Amortization	54.78M	14.55M	14.37M	13.55M	12.31M	12.21M	15.60M	16.17M	14.54M
EPS Basic	1.17	0.14	0.03	0.86	0.14	0.08	-0.07	0.26	0.04
EPS Diluted	1.10	0.13	0.03	0.81	0.13	0.08	-0.07	0.24	0.04
Weighted Average Basic Shares	143.02M	143.02M	143.54M	142.56M	143.01M	141.65M	141.85M	141.11M	141.27M
Weighted Average Diluted Shares	147.17M	147.17M	148.08M	153.77M	153.17M	148.26M	141.85M	152.43M	148.70M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	713.95M	668.17M	619.71M	577.07M	468.41M	221.63M	156.41M	124.69M
Cost of Goods Sold	266.62M	258.84M	409.91M	307.17M	201.66M	77.75M	57.39M	60.00M
Gross Profit	447.33M	409.33M	209.80M	269.90M	266.75M	143.88M	99.02M	64.68M
Gross Profit Margin	62.7%	61.3%	33.9%	46.8%	56.9%	64.9%	63.3%	51.9%
Total Operating Expenses	349.57M	358.25M	364.81M	382.69M	347.82M	198.12M	126.61M	124.85M
Research & Development	84.71M	95.24M	94.32M	93.76M	74.45M	51.55M	40.25M	37.86M
Selling, General & Administrative	264.86M	263.00M	263.03M	281.46M	235.19M	129.02M	84.31M	86.99M
Operating Income (EBIT)	97.76M	51.09M	-155.01M	-112.78M	-81.07M	-54.23M	-27.58M	-63.61M
Operating Margin	13.7%	7.6%	-25.0%	-19.5%	-17.3%	-24.5%	-17.6%	-51.0%
Income Before Tax (EBT)	70.63M	26.48M	-157.55M	-135.60M	-94.99M	-52.74M	-26.99M	-61.47M
Interest Income	N/A	N/A	N/A	N/A	N/A	50K	789K	988K
Interest Expense	18.92M	27.03M	32.37M	29.26M	19.85M	N/A	N/A	N/A
Other Income/Expense	-27.14M	-24.60M	-2.54M	-22.81M	-13.92M	1.50M	593K	2.14M
Net Income	144.61M	22.79M	-159.18M	-130.32M	65K	-53.43M	-25.48M	-61.82M
Income Tax Expense	-73.99M	3.70M	1.64M	-5.27M	-95.05M	693K	-1.51M	357K
Net Profit Margin	20.3%	3.4%	-25.7%	-22.6%	0.0%	-24.1%	-16.3%	-49.6%
EBITDA	151.44M	109.60M	85.81M	103.27M	65.82M	-4.99M	4.54M	-28.27M
EBITDA Margin	21.2%	16.4%	13.8%	17.9%	14.1%	-2.2%	2.9%	-22.7%
Depreciation & Amortization	53.67M	58.51M	240.82M	216.05M	146.89M	49.25M	32.13M	35.34M
EPS Basic	1.01	0.16	-1.17	-0.98	0.00	-0.55	-0.48	-1.23
EPS Diluted	0.95	0.16	-1.17	-0.98	0.00	-0.55	-0.48	-1.23
Weighted Average Basic Shares	142.56M	140.56M	136.62M	132.89M	126.29M	96.70M	52.61M	50.26M
Weighted Average Diluted Shares	153.77M	146.81M	136.62M	132.89M	136.26M	96.70M	52.61M	50.26M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.