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Magnite(NASDAQ) MGNI

Market Cap$3.52BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2014)+20%
5 Year+1%
1 Year+1%
1 Month+29%
$24.53
+1.41%
+0.34Today
Magnite last closing stock price
MetricPriceDate
Last closeUSD 24.532026-08-18
Magnite stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+0.95%USD 24.302026-08-11
1 month+29.11%USD 19.002026-07-17
3 month+87.9%USD 13.062026-05-20
Year to date+51.14%USD 16.232025-12-31
1 year+0.86%USD 24.322025-08-18
3 year+206.63%USD 8.002023-08-18
5 year+0.95%USD 24.302021-08-19
Since inception+20.41%USD 20.092014-04-02

Magnite Financials at a Glance

Market Cap

$3.52BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$742.04M

Net Income (TTM)

$166.89M

EPS (TTM)

$1.09

P/E Ratio

22.46

Dividend

$0.00

Beta (Volatility)

2.09 (High)

Price

$24.53

Volume

11.061

Open

$24.25

Previous Close

$24.53

Daily Range

$24.21 - $25.36

52-Week Range

$10.82 - $26.65

Estimated Earnings Date

Nov 4, 2026

About Magnite

Magnite, Inc. helps apps and websites sell ad space. It places commercials on streaming TVs and mobile phones. The company also provides tools for advertisers to buy spots.

How the Ads Get Served

  • Connected TV: Tools for streaming services to manage and sell video ad space on internet-connected televisions.
  • Mobile and Desktop: Systems that handle banner and video advertisements for mobile applications and traditional websites.
  • SpringServe: Software that combines ad serving and inventory management into a single platform for streaming video sellers.
  • ClearLine: A direct buying tool that allows advertisers to purchase premium television spots with high-quality data.

Recent Growth and AI Moves

  • Introduced the next generation SpringServe platform in April 2025 to help television sellers manage their entire portfolios.
  • Acquired Streamr.ai in Sept. 2025 to add artificial intelligence tools that automate the creation of video commercials.
  • Launched Magnite Orchestration to connect different automated buying and selling tools within a single coordination layer.
  • Filed a lawsuit against Google in Sept. 2025 seeking damages for alleged anticompetitive behavior in the advertising market.

What Makes the Platform Different

Magnite operates as an independent sell-side platform, meaning it does not own the content where advertisements appear. This independence provides a neutral marketplace for publishers and buyers compared to companies that control both the ads and the media.

Financial Results and Cash Flow

  • Revenue was $192.8 million for the three-month period ended June 30, 2026, up 11% year over year.
  • Net income rose to $19.4 million for the three-month period ended June 30, 2026, up 74% year over year.
  • Contribution ex-TAC, a non-GAAP metric, was $350.5 million for the six-month period ended June 30, 2026, up 14% year over year.
  • Cash and cash equivalents totaled $332.6 million as of June 30, 2026.
  • Stock repurchases reached $35.5 million during the six-month period ended June 30, 2026.

The Path Forward

Magnite has transitioned from its roots in website banner ads to become a specialist in the streaming television market. The company continues to evolve by integrating artificial intelligence and expanding its direct-buying technologies.

AI Generated • Aug 6, 2026

Industry

Media

Employees

971

CEO

Michael G. Barrett

Headquarters

New York City, NY 10001, US

MGNI Financials

Key Financial Metrics (TTM)

Gross Margin

64.78%

Operating Margin

15.65%

Net Income Margin

22.49%

Return on Equity

18.62%

Return on Capital

6.31%

Return on Assets

5.50%

Earnings Yield

4.45%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$3.52BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

143.42M

Volume

11.061

Avg. Volume

2.93M

Financials (TTM)

Gross Profit

$480.73M

Operating Income

$116.11M

EBITDA

$155.83M

Operating Cash Flow

$280.94M

Capital Expenditure

-$68.80M

Free Cash Flow

$212.14M

Cash & ST Invst.

$332.62M

Total Debt

$416.98M

Magnite Performance Analysis

Magnite annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 577,069,00023.2%
20232023-12-31USD 619,710,0007.4%
20242024-12-31USD 668,170,0007.8%
20252025-12-31USD 713,953,0006.9%
Magnite sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-303.6%
Q42025-12-3114.4%
Q12026-03-31-20.0%
Q22026-06-3017.3%
Magnite annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -0.98N/A
20232023-12-31USD -1.1718.8%
20242024-12-31USD 0.16N/A
20252025-12-31USD 0.94505.9%
Magnite sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3073.1%
Q42025-12-31523.1%
Q12026-03-31-96.3%
Q22026-06-30333.3%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$192.82M

+11.2%

Gross Profit

$130.79M

+20.7%

Gross Margin

67.83%

N/A

Market Cap

$3.52BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$3.62M

N/A

Employees

971

N/A

Net Income

$19.37M

+73.9%

EBITDA

$33.14M

+3.2%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$332.62M

-21.9%

Total Debt

$416.98M

-32.7%

Accounts Receivable

$1.38B

+6.2%

Inventory

$0.00

N/A

Long Term Debt

$389.48M

-0.6%

Short Term Debt

$27.50M

-87.9%

Return on Assets

5.50%

N/A

Return on Invested Capital

8.74%

N/A

Free Cash Flow

$178.22M

+7112.3%

Operating Cash Flow

$186.63M

+907.3%

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Questions About MGNI

What is the current price of Magnite?

Magnite is trading at $24.53 per share.

What is the 52-week range for Magnite?

Over the past 52 weeks, Magnite has traded between $10.82 and $26.65.

How much debt does Magnite have?

As of the most recent reporting period, Magnite reported total debt of $416.98M.

How much cash does Magnite have on hand?

Magnite reported $332.62M in cash and cash equivalents in its most recent financial results.

What is Magnite’s dividend yield?

Magnite does not currently have a dividend yield.

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