Magnite (MGNI) Financial Statements & Analysis

Magnite (MGNI) Income Statement

Magnite reported revenue of $713.95M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 6.9% from $668.17M a year earlier. Net income was $144.61M, up 534.7% year over year, a net margin of 20.3%. Gross margin was 62.7% and operating margin 13.7%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $192.82M, up 11.2% from the same quarter a year earlier.

Magnite Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Magnite, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	713.95	668.17	619.71	577.07	468.41	221.63	156.41	124.69	155.55
Cost of Revenue	266.62	258.84	409.91	307.17	201.66	77.75	57.39	60.00	56.84
Gross Profit	447.33	409.33	209.80	269.90	266.75	143.88	99.02	64.68	98.71
Operating Expenses
Research & Development	84.71	95.24	94.32	93.76	74.45	51.55	40.25	37.86	47.50
Selling, General & Administrative	264.86	263.00	263.03	281.46	235.20	129.02	84.32	86.99	107.39
Operating Expenses	349.73	358.25	364.81	375.22	347.82	198.12	126.61	124.85	154.89
Operating Income	97.60	51.09	-155.01	-105.32	-81.07	-54.23	-27.58	-63.61	-156.98
Other Income/Expense
Interest Income	12.73	0.00	11.09	0.00	0.00	0.05	0.79	0.99	0.91
Interest Expense	-31.65	27.03	-43.46	29.26	-19.85	0.00	0.00	0.00	0.00
Other Income/Expense	-26.97	-24.60	-2.54	-1.02	-13.92	1.50	0.59	2.14	0.43
Income
Income Before Tax	70.63	26.48	-157.55	-135.60	-94.99	-52.74	-26.99	-61.47	-156.55
Income Tax Expense	-73.99	3.70	1.64	-5.27	-95.05	0.69	-1.51	0.36	-1.76
Net Income	144.61	22.79	-159.18	-130.32	0.07	-53.43	-25.48	-61.82	-154.78
Net Income - Continuous Operations	144.61	22.79	-159.18	-130.32	0.07	-53.43	-25.48	-61.82	-154.78
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	137.74	112.03	78.98	109.72	94.99	12.57	6.58	-26.13	-30.75
EBIT	97.76	53.52	-147.54	-106.34	-42.89	-36.68	-	-	-
Depreciation & Amortization	39.97	58.51	226.52	216.05	137.89	49.25	32.13	35.34	36.23
Earnings Per Share
Basic EPS	1.00	-	-1.00	-1.00	-	-1.00	-	-1.00	-3.00
Diluted EPS	1.00	-	-1.00	-1.00	-	-1.00	-	-1.00	-3.00
Basic Shares Outstanding	142.56	140.56	136.62	132.89	126.29	96.70	52.61	50.26	48.87
Diluted Shares Outstanding	153.77	146.81	136.62	132.89	136.26	96.70	52.61	50.26	48.87

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Magnite Financial Statements

What was Magnite's revenue in fiscal 2025?

Magnite reported revenue of $713.95M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 6.9% from $668.17M a year earlier.

Is Magnite profitable?

Yes. Magnite earned net income of $144.61M in fiscal 2025, a net margin of 20.3%. In fiscal 2024 it earned $22.79M.

What is Magnite's operating margin?

Magnite's operating income was $97.60M on revenue of $713.95M in fiscal 2025, an operating margin of 13.7%, compared with 7.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition