Magnite, Inc.

MGNI Communication Services Advertising Agencies

Magnite, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $714.0 million, up 6.85% from fiscal 2024.

Revenue
+13.8%
EPS
+71.4%
Free cash flow
+36.8%
Total debt
−0.52%

Quarter to September 2026, against a year earlier

27.84 5.05 +22.16%
Market cap
$4.0B
P/E
21.9×
Fwd P/E
31.7×
Dividend yield
—
F-score
6/9
Altman Z
0.73
Beneish M
−2.50
Dividend safety
n/a

Magnite, Inc. (MGNI) Operating margin

Alert me on Operating margin

Magnite, Inc.'s operating margin over the twelve months to 30 September 2026 was 18.5%, up 4.8 percentage points from fiscal 2025 (13.7%). Over the past ten years it has ranged from −100.9% (fiscal 2017) to 13.7% (fiscal 2025) — the current reading is the highest in ten years. That is above the Advertising Agencies industry median of 0.00% and above the Communication Services sector median of 0.94%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 13.7% 6.02
FY2024 7.65% 32.66
FY2023 −25.0% (5.47)
FY2022 −19.5% (2.23)
FY2021 −17.3% 7.16
FY2020 −24.5% (6.84)
FY2019 −17.6% 33.38
FY2018 −51.0% 49.91
FY2017 −100.9% (91.97)
FY2016 −8.95% (6.70)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 24.8% 8.56
Jun 2026 16.2% 11.49
Mar 2026 4.70% (20.60)
Dec 2025 25.3% 11.35
43 more quarters

Against its own ten years

Low −100.9% High 13.7%
Ten-year median −17.6%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
TTD The Trade Desk compare 19.6%
MGNI Magnite, Inc. 18.5%
DV DoubleVerify Holdings, Inc. compare 13.3%
ZD Ziff Davis, Inc. compare 8.53%
CRTO Criteo S.A. compare 6.57%
STGW Stagwell Inc. compare 4.04%
QNST QuinStreet, Inc. compare 2.74%
WPP WPP PLC compare 0.00%
LFTO Liftoff Mobile, Inc compare —
Advertising Agencies industry median 0.00%
Communication Services sector median 0.94%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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