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MGNI · NASDAQ · Advertising Agencies

Magnite (MGNI)

Runs sell-side marketplaces and ad-serving tools for streaming and digital publishers.

$24.94

vs last close−0.37 (−1.48%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	150	187	149	163	162	194	156	173	179	205	164	193
Cost of revenue	85	70	66	63	63	68	63	65	69	70	60	62
Gross profit	65	117	83	100	99	126	93	108	110	136	104	131
	83	82	97	91	84	86	94	86	85	84	96	100
Research & development	24	23	27	26	20	22	22	22	20	21	25	24
	60	59	70	65	64	64	72	65	65	63	71	75
Selling & marketing	32	58	44	42	40	41	48	42	40	41	46	47
General & administrative	28	0	27	23	24	23	24	23	25	22	25	28
Operating income	−18	35	−14	10	15	40	−1	22	25	52	8	31
	−1	−2	−12	−6	−9	2	−9	−10	−4	−4	−4	−6
Interest income	0	0	0	0	0	0	3	3	3	0	2	1
Interest expense	8	8	8	7	7	5	8	8	8	0	7	8
Other non-operating income	−7	−6	1	−4	2	−7	1	2	−4	9	−3	−2
Income before tax	−18	33	−26	4	6	42	−10	12	21	48	4	26
Income tax expense	−1	2	−8	5	1	6	−1	1	1	−75	−1	6
Net income from continuing operations	−17	31	−18	−1	5	36	−10	11	20	123	4	19
Net income	−17	31	−18	−1	5	36	−10	11	20	123	4	19
EPS, basic	−$0.13	$0.22	−$0.13	−$0.01	$0.04	$0.26	−$0.07	$0.08	$0.14	$0.86	$0.03	$0.14
EPS, diluted	−$0.13	$0.22	−$0.13	−$0.01	$0.04	$0.24	−$0.07	$0.08	$0.13	$0.81	$0.03	$0.13
Weighted average shares, basic	137	138	139	141	141	141	142	142	143	143	144	143
Weighted average shares, diluted	137	144	139	141	149	152	142	148	153	154	148	147
EBITDA	28	58	−2	28	28	64	14	32	41	56	25	33
Depreciation & amortization	39	17	14	14	15	16	16	12	12	14	14	0
EBIT	−11	41	−15	14	13	48	−2	20	29	43	11	33