Magnite, Inc.
MGNI
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Magnite operates in the growing digital advertising space, which is expected to expand as more companies shift their budgets from traditional to digital media.
- In Q2 2026, Magnite reported a revenue increase of 17% compared to the previous quarter, reaching $192.8 million.
- The company's gross margin improved to 67.8% in Q2 2026, up from 63.2% in Q1 2026.
- Magnite faces significant competition from larger players in the advertising industry, which could impact its market share and pricing power.
- In 2023, Magnite reported a net income loss of $159.2 million, indicating challenges in profitability.
- The operating margin was negative at -23.8% for the year 2023, highlighting operational difficulties.
Fundamentals
| Market cap | $3.65B | Enterprise value | $3.73B | Trailing P/E | 23.14 | Forward P/E | 19.25 |
| PEG | 0.09 | Price / book | 3.90 | Beta | 2.32 | Dividend yield | 0.00% |
| Revenue growth | 11.2% | Earnings growth | 65.3% | Gross margin | 64.8% | Operating margin | 16.2% |
| Profit margin | 22.5% | ROE | 19.6% | ROA | 2.4% | Debt / equity | 0.45 |
| Current ratio | 1.03 | Free cash flow | $160.22M | Analyst recommendation | strong_buy | Mean target | $29.67 |
| 52w high | $26.84 | 52w low | $10.82 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $193M | $164M | $205M | $179M | $173M | — |
| Op margin | 16.2% | 4.7% | 25.4% | 14.0% | 12.7% | — |
| Net income | $19.4M | $4.4M | $123M | $20.1M | $11.1M | — |
| Gross margin | 67.8% | 63.2% | 66.2% | 61.4% | 62.5% | — |
| Gross profit | $131M | $104M | $136M | $110M | $108M | — |
| Operating income | $31.2M | $7.7M | $52.1M | $25.0M | $22.0M | — |
- Revenue +17% vs prior quarter ($193M vs $164M).
- Gross margin 67.8% (was 63.2% prior quarter).
- Operating margin expanded to 16.2%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $714M | $668M | $620M | $577M | — |
| Op margin | 13.7% | 7.6% | -23.8% | -18.3% | — |
| Net income | $145M | $22.8M | -$159M | -$130M | — |
| Gross margin | 62.7% | 61.3% | 33.9% | 46.8% | — |
| Gross profit | $447M | $409M | $210M | $270M | — |
| Operating income | $97.8M | $51.1M | -$148M | -$105M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-08 · The Trade Desk Is Down 68% This Year: Is TTD Stock Dead Money or Due for a Bounce?
2026-10-07 · Magnite Completes Term Loan, Revolving Facility Repricing
2026-10-07 · Does The Fall In AppLovin Stock Change Anything?
2026-10-07 · Magnite Successfully Completes Term Loan and Revolving Credit Facility Repricing
2026-10-06 · Magnite (MGNI) Lands HP TV+ Deal But Is The Upside Already Priced In
2026-10-05 · Has Buying AppLovin Stock's Dips Paid Off?
2026-10-05 · Magnite to Announce Third Quarter 2026 Financial Results on November 4, 2026
2026-10-03 · Magnite (MGNI) Stock Gets Fair Value Boost On Google AdTech Remedy Optimism
2026-10-02 · AppLovin Took Unity to Court Over Ad Data. Here’s Where the Stock Could Go by 2030
2026-10-02 · Should You Buy And Hold AppLovin Stock?
2026-10-02 · AppLovin Slides 3% as Ad-Tech Peers Stand Firm; Trade Desk and Magnite Tick Higher
Price (daily)
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