MAGNITE, INC.(MGNI)— Stock Profile, AI Score & Financials
Technology · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
MAGNITE, INC. (MGNI) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores MGNI at 66.1/100 on a 32-signal composite quality model, placing it at rank #443 of 2,960 stocks — the top 25% of the AI-ranked universe. MGNI scores in the top quartile across institutional flow (89.0), profitability (86.1), free cash flow (83.1). Shareholder dilution risk is elevated at 15.5/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), MAGNITE, INC. reports quarterly revenue of $192.8M, net income of $19.4M, an operating margin of 16.2%. Top institutional holders of MGNI by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, FMR, based on the most recent SEC filings. MGNI trades on the Nasdaq exchange and files with the SEC under CIK 1595974. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate MGNI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for MAGNITE, INC. directly from SEC EDGAR.
AI Quality Score
66.1/100
AI Rank
#443
Revenue
$192.8M
Net Income
$19.4M
Free Cash Flow
$174.5M
Operating Margin
16.2%
MGNI key financials by period
MAGNITE, INC. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$714.0M
$144.6M
13.7%
FY 2024
10-K
$668.2M
$22.8M
7.6%
FY 2023
10-K
$619.7M
$-159.2M
-25.0%
FY 2022
10-K
$577.1M
$-130.3M
-19.5%
FY 2021
10-K
$468.4M
$65.0K
-17.3%
FY 2020
10-K
$221.6M
$-53.4M
-24.5%
Institutions holding MGNI
Institutional investors reporting a position in MAGNITE, INC. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Magnite grew Q2 FY2026 revenue 11% YoY to $192.8M on 21% CTV growth, with net income up 74% to $19.4M as operating margin expanded to 16% from 13%.
Biggest Revenue Drivers
CTV$100.1M+21% YoY
Revenue growth driven by growth in CTV; CTV expected to remain the biggest growth driver
Mobile$66.0M+3% YoY
Biggest Revenue Drivers
Total revenue: $192.8M+11% YoY
CTV$100.1M+21% YoY
Revenue growth driven by growth in CTV; CTV expected to remain the biggest growth driver
Mobile$66.0M+3% YoY
Desktop$26.8M
Largest Expense Items
Cost of revenue$62.0M-4% YoY
Decrease of $8.1M in traffic acquisition costs from lower gross-basis revenue, partially offset by higher D&A, software license, and personnel costs
Sales and marketing$47.0M+11% YoY
$4.9M increase in personnel costs, partially offset by lower amortization as certain acquired intangibles became fully amortized in 2025
General and administrative$28.4M+26% YoY
$4.1M increase in professional fees including legal costs, plus higher personnel, insurance/tax, and software license costs
Technology and development$24.1M+12% YoY
$2.1M increase in personnel costs
Margins: Gross profit rose 21% to $130.8M as cost of revenue fell to 32% of revenue from 37%, driven by CTV growth and lower traffic acquisition costs; operating margin expanded to 16% from 13% and Adjusted EBITDA grew 30% to $70.6M.
Watch Items from the Filing
Magnite filed an antitrust lawsuit against Google on September 16, 2025 following an April 2025 court ruling that Google violated antitrust laws in ad exchange/server markets; outcome and remedies remain uncertain.
Convertible Senior Notes matured March 15, 2026 and were repaid in full with $205.1M cash on hand, contributing to cash falling to $332.6M from $553.4M at year-end 2025.
Revenue reported on a gross basis fell to 3% of total revenue from 11% YoY, reflecting a decline in the managed service business as advertisers shift to automated solutions.
Q2 2026 included $1.2 million of litigation expense tied to the Google Action and privacy class-action defense costs, an ongoing cost not present in the prior-year quarter.
United States revenue represented 74% of total revenue ($142.4M) in the quarter, indicating continued geographic concentration.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
