Saturday 17 October 2026 Export MGNI’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 11.2%, EPS grew 75.0%, free cash flow grew 6,786.0% and total debt was flat, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for five.

23.37 1.11 −4.53%

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Market cap: $3.5B
P/E: 20.0×
Fwd P/E: 21.5×
Dividend yield: —
F-score: 6/9
Altman Z: 0.73
Beneish M: −2.50
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 26.87

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	4	1	—	1	—	—	1	8	5	11	9	1

Insider Ownership 2.08%

Capital & Financial Ratios $m

Market Cap 3,510.00

Revenue 742.04

Net Income 166.89

Free Cash Flow 200.30

Net Debt 14.15

Current Ratio 1.03

Debt/Equity 0.37

P/E ratio 19.97

Fwd P/E 21.50

P/S ratio 4.50

P/B ratio 3.57

Past 5Y EPS Growth —

This Y EPS Growth 30.34%

Next Y EPS Growth 21.52%

Next Y revenue growth 6.65%

Next 5Y EPS Growth 20.09%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 26.02%

10-year low 10-year high

P/S against its own 10 years 83.49%

10-year low 10-year high

P/B against its own 10 years 79.51%

10-year low 10-year high

EV/Sales against its own 10 years 82.03%

10-year low 10-year high

EV/FCF against its own 10 years 68.48%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	326	483	553	333
Receivables	1,176	1,200	1,302	1,384
Inventory	—	—	—	—
Other	—	—	—	—
	1,523	1,703	1,882	1,746

	2023	2024	2025	Q'26
Payables	1,372	1,466	1,608	1,667
ST’ Debt	—	—	—	—
Other	6	10	5	9
	1,402	1,496	1,842	1,704

Compound Annual Growth %

	10y	5y	3y
Sales	11.13%	26.36%	7.35%
Cash Flow	11.88%	0.00%	7.04%
Earnings	79.26%	0.00%	0.00%
Book Value	12.74%	19.30%	5.24%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	164	193	—	—	—
’25	156	173	179	205	714
’24	149	163	162	194	668
’23	130	153	150	187	620
’22	118	138	146	175	577
’21	61	115	132	161	468
’20	36	42	61	82	222

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(121)	187	—	—	—
’25	3	19	87	128	236
’24	(60)	90	91	115	235
’23	(31)	74	82	89	214
’22	22	42	40	89	193
’21	(1)	29	31	69	127
’20	(5)	(16)	(3)	12	(12)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(134)	170	—	—	—
’25	(15)	2	65	99	152
’24	(70)	76	73	108	188
’23	(38)	63	75	77	177
’22	11	37	27	73	148
’21	(4)	16	24	62	97
’20	(10)	(20)	(6)	1	(34)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.03	0.13	—	—	—
’25	(0.07)	0.08	0.13	0.80	0.95
’24	(0.13)	(0.01)	0.04	0.24	0.16
’23	(0.73)	(0.54)	(0.13)	0.24	(1.17)
’22	(0.34)	(0.19)	(0.18)	(0.27)	(0.98)
’21	(0.11)	0.26	(0.18)	0.00	0.00
’20	(0.18)	(0.36)	(0.10)	0.05	(0.55)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	6.12	1.68	1.48	3.60	4.09	15.83	5.59	6.28	8.38	8.22	Analyst estimates 2026–2028 Powerpack
	High	20.37	9.16	4.89	10.85	33.00	64.39	18.22	15.73	18.38	26.65
People
People	Employees	572	514	100	444	569	876	947	911	905	971
	Revenue/emp, $m	0.49	0.30	1.25	0.35	0.39	0.53	0.61	0.68	0.74	0.74
Income, $m
Income, $m	Revenue	278	156	125	156	222	468	577	620	668	714
	Gross margin, %	73.67	63.46	51.88	63.31	64.92	56.95	46.77	33.86	61.26	62.66
	EBT	(23)	(157)	(61)	(27)	(53)	(95)	(136)	(158)	26	71
	EBT margin, %	(8.24)	(100.64)	(49.30)	(17.26)	(23.80)	(20.28)	(23.50)	(25.42)	3.96	9.89
	Net income	(18)	(155)	(62)	(25)	(53)	0	(130)	(159)	23	145
	Depreciation	66	131	35	32	49	152	226	247	63	57
Per share, $
Per share, $	Revenue	5.96	3.18	2.48	2.97	2.29	3.71	4.34	4.54	4.75	5.01
	Earnings	(0.39)	(3.17)	(1.23)	(0.48)	(0.55)	0.00	(0.98)	(1.17)	0.16	1.01
	Cash flow	1.29	0.44	(0.45)	0.61	(0.12)	1.00	1.45	1.57	1.67	1.66
	Capex	(0.72)	(0.83)	(0.40)	(0.38)	(0.23)	(0.23)	(0.33)	(0.27)	(0.33)	(0.59)
	Free cash flow	0.57	(0.39)	(0.85)	0.23	(0.35)	0.77	1.11	1.30	1.34	1.07
	Book value	6.42	3.37	2.35	2.13	3.95	6.97	5.95	5.14	5.47	6.47
	Shares, m	47	49	50	53	97	126	133	137	141	143
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	98.09	16.07
	P/S	1.26	0.65	1.50	2.74	13.40	4.72	2.29	2.03	3.35	3.24
	P/B	1.17	0.62	1.59	3.84	7.78	2.51	1.67	1.79	2.91	2.51
	EV/Sales	0.59	(0.15)	0.83	2.27	13.01	5.76	2.97	2.36	3.45	2.95
	EV/FCF	6.16	1.25	(2.42)	29.41	(84.76)	27.70	11.58	8.27	12.25	13.88
Cash, $m
Cash, $m	Operating cash flow	60	22	(23)	32	(12)	127	193	214	235	236
	Capex	(33)	(40)	(20)	(20)	(22)	(29)	(44)	(37)	(47)	(84)
	Free cash flow	27	(19)	(43)	12	(34)	97	148	177	188	152
Balance, $m
Balance, $m	Working capital	173	87	60	46	85	149	201	121	207	40
	Total debt	—	—	—	15	32	720	723	533	550	348
	Net debt	(190)	(129)	(88)	(74)	(86)	490	397	207	67	(206)
	Shareholders’ equity	300	165	118	112	382	881	791	702	768	922
Returns, %
Returns, %	ROA	(3.42)	(34.27)	(16.63)	(6.75)	(8.01)	0.00	(4.80)	(5.89)	0.82	4.81
	ROIC	(14.21)	(276.64)	(132.35)	(45.31)	(11.45)	(3.70)	(5.93)	(10.66)	3.82	8.51
	ROE	(6.25)	(66.70)	(43.75)	(22.16)	(21.65)	0.01	(15.59)	(21.32)	3.10	17.11

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
TTD The Trade Desk	$6.2B	14.4×	19.9×	+3.03% (above 0%: growing)	−22.22% (below 0%: shrinking)	+29.84% (above 0%: growing)	74.22%	14.21%	Compare
WPP WPP PLC	$5.9B	20.3×	7.5×	+7.31% (above 0%: growing)	−56.60% (below 0%: shrinking)	−21.98% (below 0%: shrinking)	14.73%	0.00%	Compare
MGNI Magnite, Inc.	$3.5B	20.0×	21.5×	+11.24% (above 0%: growing)	+75.00% (above 0%: growing)	+6,786.00% (above 0%: growing)	67.83%	16.19%
STGW Stagwell Inc.	$2.2B	128×	20.8×	+11.25% (above 0%: growing)	n/m	−53.97% (below 0%: shrinking)	34.24%	1.47%	Compare
DV DoubleVerify Holdings, Inc.	$2.1B	37.5×	21.3×	+2.52% (above 0%: growing)	+60.00% (above 0%: growing)	+63.97% (above 0%: growing)	83.24%	11.88%	Compare
ZD Ziff Davis, Inc.	$2.0B	3.2×	18.8×	−2.74% (below 0%: shrinking)	+2,623.81% (above 0%: growing)	+100.30% (above 0%: growing)	84.06%	(15.60%)	Compare
QNST QuinStreet, Inc.	$932.2M	11.4×	12.0×	+42.67% (above 0%: growing)	+450.00% (above 0%: growing)	+84.60% (above 0%: growing)	13.32%	5.11%	Compare
CRTO Criteo S.A.	$879.9M	7.6×	8.2×	−11.32% (below 0%: shrinking)	−42.50% (below 0%: shrinking)	−3.42% (below 0%: shrinking)	51.92%	3.51%	Compare
EVC Entravision Communications Corporation	$615.6M	211×	— (loss-making)	+126.24% (above 0%: growing)	n/m	+294.23% (above 0%: growing)	26.04%	13.15%	Compare
Median of peers	$2.1B	17.3×	18.8×	+5.17%	+18.89%	+46.91%	43.08%	4.31%

All 42 Advertising Agencies stocks →

Magnite, Inc. (MGNI) key facts

Strength: Magnite, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $714.0 million, up 6.85% from fiscal 2024.
Magnite, Inc. (MGNI) is an Advertising Agencies company in the Communication Services sector, listed on Nasdaq.
As of October 16, 2026, MGNI traded at $23.37, a market capitalization of $3.5 billion.
Return on equity was 17.1% and debt-to-equity 0.37.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 0.73 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.