Magnite, Inc.·Communication Services
Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties, to manage and monetize their inventory; and provides applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory. It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.
Communication Services
Advertising Agencies
905
2014-04-02
2.32

MGNI is gaining CTV share, expanding EBITDA margins and investing in AI - while The Trade Desk faces slower Q2 growth.

Magnite, Inc. (MGNI) Q1 2026 Earnings Call Transcript

Magnite (MGNI) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.12 per share a year ago.

Contribution ex-TAC (1) Grows 10% Year-Over-Year Contribution ex-TAC (1) from CTV Grows 30% Year-Over-Year and Now Over 50% of Total NEW YORK, May 06, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today reported its results of operations for the quarter ended March 31, 2026. Q1 2026 Highlights: Revenue of $164.4 million, up 6% year-over-year Contribution ex-TAC(1) of $160.9 million, up 10% year-over-year, at the high end of the guidance range of $157 to $161 million Contribution ex-TAC(1) attributable to CTV of $82.3 million, up 30% year-over-year, within the guidance range of $81 to $83 million Contribution ex-TAC(1) attributable to DV+ of $78.6 million, down 5% year-over-year, exceeded high end of guidance of $76 to $78 million Net income of $4.4 million, or $0.03 per diluted share, compared to a net loss of $9.6 million, or $0.07 per share for Q1 2025 Adjusted EBITDA(1) of $42.9 million, up 16% year-over-year, representing a 27% Adjusted EBITDA margin(2), compared to Adjusted EBITDA(1) of $36.8 million or a 25% margin in Q1 2025 Non-GAAP earnings per share(1) of $0.13, compared to non-GAAP earnings per share(1) of $0.12 for Q1 2025 Operating cash flow(3) of $23.3 million Q2 2026 Expectations: Total Contribution ex-TAC(1) to be between $177 million and $181 million Contribution ex-TAC(1) attributable to CTV to be between $90 million and $92 million Contribution ex-TAC(1) attributable to DV+ to be between $87 million and $89 million Adjusted EBITDA operating expenses(4) to be between $115 million and $117 million Full-Year 2026 Expectations: Reaffirm total Contribution ex-TAC(1) growth of at least 11% Reaffirm Adjusted EBITDA(1) percentage growth in the mid-teens Raise Adjusted EBITDA margin(2) to be at least 35.5% from greater than 35% Raise free cash flow(5) growth to be in the mid 30% range from greater than 30% “Magnite once again exceeded total top and bottom line expectations, with growth paced by CTV at 30%.

NEW YORK, April 30, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will participate and host investor meetings at the following financial conferences:

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