MGNINasdaqServices-Computer Programming, Data Processing, Etc.US GAAP · USD

Magnite, Inc

Magnite, Inc. builds software that automates the buying and selling of digital advertising inventory. Its platform is used by publishers, streaming services, broadcasters, advertisers, agencies, and demand-side platforms to transact across connected TV, websites, apps, and other digital media channels.

Liikevaihto714milj. USD
+6,9 %v/v
Liikevoitto (EBIT)97,6milj. USD
+91,0 %v/v
EBIT-marginaali13,7%
+6,0 %-yks.v/v
Nettotulos145milj. USD
+534,7 %v/v
Vapaa kassavirta166milj. USD
−18,2 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−2000200400600800milj. USD2020: 222 milj. USD2020: EBIT −54 milj. USD20202021: 468 milj. USD2021: EBIT −81 milj. USD20212022: 577 milj. USD2022: EBIT −113 milj. USD20222023: 620 milj. USD2023: EBIT −155 milj. USD20232024: 668 milj. USD2024: EBIT 51 milj. USD20242025: 714 milj. USD2025: EBIT 98 milj. USD202571498
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Sell-side platform (SSP)55 %

Software and services that help publishers sell digital ad inventory programmatically across channels and formats.

Connected TV marketplace25 %

Marketplace and transaction tools focused on CTV inventory from streaming providers, broadcasters, and device platforms.

Publisher tools and services10 %

Inventory management, yield optimization, and integration services for publishers and media owners.

Buyer access and demand enablement10 %

Tools and services that help advertisers, agencies, and DSPs access and bid on inventory.

Asiakkaat

Magnite sells to both sides of the digital advertising market, but its core customers are publishers and media owners that want to monetize inventory more efficiently. It also serves advertisers, agencies, agency trading desks, and DSPs that need scaled access to premium inventory, especially in connected TV. The platform is designed to reduce friction in programmatic transactions and provide an independent alternative to large walled-garden ecosystems.

Publishers and media owners

Buy SSP and monetization tools to manage, price, and sell digital inventory more efficiently.

CTV content owners and broadcasters

Use Magnite's CTV marketplace to monetize streaming and video inventory at scale.

Advertisers and agencies

Buy access to premium inventory and automated auction execution for campaign reach and targeting.

Demand-side platforms (DSPs)

Integrate to source inventory and execute programmatic buying across channels.

Strategia

Magnite is focused on expanding its role as the independent transaction layer for digital advertising, especially in connected TV. The company is investing in technology, sales coverage, and publisher integrations to deepen liquidity, improve automation, and increase spend routed through its platform.

Scale connected TV marketplaceKeskipitkä aikaväli

CTV is a high-value inventory category and a key growth engine for programmatic advertising.

Deepen publisher integrationsLyhyt aikaväli

More integrations increase inventory supply, improve monetization, and strengthen network effects.

Increase buyer spend and platform liquidityLyhyt aikaväli

More demand-side activity improves auction efficiency and makes the marketplace more valuable.

Maintain independent alternative to walled gardensPitkä aikaväli

Independence is central to Magnite's positioning versus larger platforms that own both content and demand.

Maantiede

Q1/2026

Magnite operates globally and markets its platform through sales teams in multiple regions. The company does not disclose a country-level revenue split in the provided excerpts, but its business is explicitly described as global and cross-channel, with strong exposure to North American and international digital advertising demand. Its operating footprint includes offices in New York and Los Angeles, plus cloud and data-center infrastructure supporting a worldwide marketplace.

USA75 %
Other countries (US filing)25 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

Magnite is exposed to advertising cyclicality, seasonal budget shifts, and intense competition from much larger platforms. Its business also depends on continued publisher and buyer adoption, while revenue mix changes between gross and net presentation can affect reported margins and comparability.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Competition from large digital ad platforms1Dependence on publisher and buyer adoption2Advertising demand cyclicality and seasonality3Technology and infrastructure execution4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Competition from large digital ad platformsVaikutus: KorkeaTodennäköisyys: Korkea

    Larger rivals have stronger scale, data, and direct relationships with users and content owners.

    KohdistuuPricing powerInventory accessMarket share
  2. Dependence on publisher and buyer adoptionVaikutus: KorkeaTodennäköisyys: Korkea

    The marketplace only works if both supply and demand continue to route through the platform.

    Kohdistuu: Network effects and transaction volume

  3. Advertising demand cyclicality and seasonalityVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Buyer budgets fluctuate with macro conditions and holiday spending patterns, causing quarter-to-quarter volatility.

    KohdistuuRevenueCash flowOperating results
  4. Technology and infrastructure executionVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The platform depends on cloud hosting, bandwidth, ad verification, and internal software development.

    KohdistuuService qualityUptimeCost structure
  5. Gross-versus-net revenue presentationVaikutus: Keskitaso

    A shift toward more gross-basis revenue increases reported revenue but lowers gross margin percentage.

    Kohdistuu: Revenue growth and margin comparability

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition as net versus gross

The company says this is one of its most critical estimates and it changes reported revenue and gross margin.

Vaikutus: Can materially alter top-line growth and margin presentation

Capitalization of internal-use software

Judgment is required to determine what development costs are capitalized and how long they are amortized.

Vaikutus: Affects operating expenses, assets, and future amortization

Seasonal working-capital timing

Cash receipts from buyers and payments to sellers can shift operating cash flow materially between quarters.

Vaikutus: Creates volatility in operating cash flow and liquidity metrics

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Magnite, Inc (MGNI) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo