MAGNITE, INC.(MGNI)Stock Analysis
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Rank #1,840 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
MGNI Stock Analysis & AI Quality Score
AI stock analysis and institutional research for MAGNITE, INC. (MGNI), a Technology sector company. 13F Pro's AI-powered ranking engine scores MGNI at 42.6/100 on a 32-signal composite quality model, placing it at rank #1,840 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include institutional flow (4.2) and free cash flow (18.9), which score below median versus the broader universe. Shareholder dilution risk is elevated at 16.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), MAGNITE, INC. reports quarterly revenue of $164.4M, net income of $4.4M, free cash flow of $-130.2M. Top institutional holders of MGNI by reported 13-F value include BlackRock,, WELLINGTON MANAGEMENT GROUP LLP, VANGUARD PORTFOLIO MANAGEMENT, 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. MAGNITE, INC.'s 13F Pro composite quality score has ranged between 8 and 62 since 2021, currently 42.6 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
Revenue
Q1 2026
$164.4M
Net Income
Q1 2026
$4.4M
Free Cash Flow
Q1 2026
$-130.2M
D/E Ratio
Q1 2026
0.39
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+6.9% YoYNet Income
+534.7% YoYOperating Income
+91.0% YoYEPS (Diluted)
+493.7% YoYTotal Assets
+10.8% YoYTotal Debt
+1.5% YoYOp. Cash Flow
+0.4% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $714.0M +6.9% | $668.2M +7.8% | $619.7M +7.4% | $577.1M +160.4% | $221.6M +41.7% | $156.4M |
| Net Income | $144.6M +534.7% | $22.8M +114.3% | $-159.2M -22.1% | $-130.3M -143.9% | $-53.4M -109.7% | $-25.5M |
| Operating Income | $97.6M +91.0% | $51.1M +133.0% | $-155.0M -37.4% | $-112.8M -108.0% | $-54.2M -96.6% | $-27.6M |
| EPS (Diluted) | $0.95 +493.7% | $0.16 +113.7% | $-1.17 -19.4% | $-0.98 -78.2% | $-0.55 -129.2% | $-0.24 |
| Total Assets | $3.16B +10.8% | $2.85B +6.2% | $2.69B -0.9% | $2.71B +188.9% | $939.0M +137.6% | $395.1M |
| Total Debt | $565.5M +1.5% | $557.4M +2.5% | $543.8M -28.6% | $761.8M | $0.00 | — |
| Operating Cash Flow | $236.2M +0.4% | $235.2M +9.7% | $214.4M +11.3% | $192.6M +1695.9% | $-12.1M -137.7% | $32.0M |
AI Insight: MGNI Financial Trends
MGNI exhibits strong Q4 seasonality with revenue peaking at $205M in Q4 2025, but Q1 2026 operating cash flow crashed to -$121M from $128M.
• Revenue shows clear seasonality, jumping from $179M in Q3 2025 to $205M in Q4 2025, then declining to $164M in Q1 2026.
• Operating income improved from $25M in Q3 2025 to $52M in Q4 2025 before dropping to $8M in Q1 2026.
• Total debt decreased significantly from $566M in Q4 2025 to $360M in Q1 2026, reducing leverage by $206M.
⚠ Operating cash flow collapsed from $128M in Q4 2025 to -$121M in Q1 2026, a dramatic $249M swing.
⚠ Q1 quarters consistently show weaker performance with revenue dropping ~20% from Q4 peaks in both years.
AI Insight: MGNI Ratio Trends
MGNI exhibits extreme quarterly volatility with operating margins swinging from 25.3% in Q4 2025 to just 4.7% in Q1 2026.
• Operating margin collapsed from 25.3% in Q4 2025 to 4.7% in Q1 2026, highlighting seasonal weakness.
• Debt-to-equity ratio improved steadily from 0.80 in Q2 2024 to 0.39 in Q1 2026, strengthening balance sheet.
• ROIC dropped from 14.0% in Q4 2025 to 2.4% in Q1 2026, continuing pattern of Q1 underperformance.
⚠ Q1 consistently shows weak profitability with negative operating margins in 2025 and minimal margins in 2026.
⚠ Q4 results appear unsustainably strong with 59.9% net margins and 53.4% ROE requiring sustainability assessment.
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Available Research
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Top Institutional Holders of MGNI
BlackRock, Inc.
$138.5M11,657,496 shWELLINGTON MANAGEMENT GROUP LLP
$109.2M9,191,077 shVANGUARD PORTFOLIO MANAGEMENT LLC
$91.8M7,726,205 shVANGUARD CAPITAL MANAGEMENT LLC
$73.5M6,190,403 shCapital Research Global Investors
$59.6M5,020,289 shBoston Partners
$56.1M4,719,863 shAMERICAN CENTURY COMPANIES INC
$55.0M4,626,816 shFMR LLC
$53.5M4,507,419 shDIMENSIONAL FUND ADVISORS LP
$47.3M3,983,674 shNuveen, LLC
$42.6M3,590,025 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $138.5M | 11,657,496 |
| WELLINGTON MANAGEMENT GROUP LLP | $109.2M | 9,191,077 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $91.8M | 7,726,205 |
| VANGUARD CAPITAL MANAGEMENT LLC | $73.5M | 6,190,403 |
| Capital Research Global Investors | $59.6M | 5,020,289 |
| Boston Partners | $56.1M | 4,719,863 |
| AMERICAN CENTURY COMPANIES INC | $55.0M | 4,626,816 |
| FMR LLC | $53.5M | 4,507,419 |
| DIMENSIONAL FUND ADVISORS LP | $47.3M | 3,983,674 |
| Nuveen, LLC | $42.6M | 3,590,025 |
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Popular Research
Is MGNI a good stock to buy?
13F Pro's AI-powered analysis of MAGNITE, INC. (MGNI) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for MGNI are available on the MGNI stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own MGNI?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling MGNI. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of MAGNITE, INC.'s investment landscape.