Magnite, Inc. (MGNI) Financial Statements
Industry: Computer Programming, Data Processing, Etc. (Services)
In fiscal 2025, Magnite reported revenue of $714.0M, up 6.9% from $668.2M the year before. Net income was $144.6M (a 20.3% net margin), or $0.95 per diluted share. Gross margin was 62.7% and operating margin was 13.7%. Operating activities generated $236.2M of cash, leaving $165.6M of free cash flow. At fiscal year end, Magnite held $3.16B in total assets against $2.24B in total liabilities, including $553.4M of cash and equivalents.
Open the full interactive Magnite financials → Quarterly statements, key ratios, valuation history and price charts.
Magnite Key Stats
| Share Price | $25.32 |
|---|---|
| Market Cap | $3.73B |
| P/E Ratio | 26.7 |
| Revenue YoY Growth | +6.9% |
| 52-Week Range | $11.20 – $25.67 |
| Shares Outstanding | 143.0 million (basic, 2026 Q2) |
Magnite Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $221.6M | $468.4M | $577.1M | $619.7M | $668.2M | $714.0M |
| Cost of Goods Sold | $275.9M | $549.5M | $689.9M | $409.9M | $258.8M | $266.6M |
| Gross Profit | $143.9M | $266.8M | $269.9M | $209.8M | $409.3M | $447.3M |
| Operating Income | -$54.2M | -$81.1M | -$112.8M | -$155.0M | $51.1M | $97.6M |
| Pre-Tax Income | -$52.7M | -$95.0M | -$135.6M | -$157.5M | $26.5M | $70.6M |
| Income Tax | $693,000 | -$95.1M | -$5.3M | $1.6M | $3.7M | -$74.0M |
| Net Income | -$53.4M | $65,000 | -$130.3M | -$159.2M | $22.8M | $144.6M |
| Diluted EPS | $0.05 | — | -$0.98 | -$1.17 | $0.16 | $0.95 |
Magnite Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $179.5M | $205.4M | $164.4M | $192.8M |
| Net Income | $20.1M | $123.0M | $4.4M | $19.4M |
| Diluted EPS | $0.13 | $0.80 | $0.03 | $0.13 |
Magnite Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $117.7M | $230.4M | $326.3M | $326.2M | $483.2M | $553.4M |
| Current Assets | $607.1M | $1.18B | $1.33B | $1.52B | $1.70B | $1.88B |
| Total Assets | $939.0M | $2.71B | $2.71B | $2.69B | $2.85B | $3.16B |
| Current Liabilities | $522.2M | $1.03B | $1.13B | $1.40B | $1.50B | $1.84B |
| Total Long-Term Debt | — | $723.6M | $726.4M | $536.6M | $553.7M | $556.1M |
| Total Liabilities | $557.3M | $1.83B | $1.92B | $1.99B | $2.09B | $2.24B |
| Shareholders' Equity | $381.6M | $880.8M | $791.3M | $701.7M | $768.2M | $922.4M |
Magnite Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$12.1M | $126.6M | $192.6M | $214.4M | $235.2M | $236.2M |
| Cash From Investing | $32.6M | -$691.0M | -$65.2M | -$37.4M | -$47.5M | -$92.8M |
| Cash From Financing | $7.4M | $678.1M | -$30.2M | -$177.8M | -$28.9M | -$75.1M |
| Free Cash Flow | -$26.4M | $108.9M | $161.7M | $187.6M | $202.4M | $165.6M |
Figures from Magnite's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Magnite financials page for every line item.
Magnite Company Profile
| Ticker | MGNI |
|---|---|
| Exchange | Nasdaq |
| Industry | Computer Programming, Data Processing, Etc. (Services) |
| Headquarters | New York, New York |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001595974 |
Frequently Asked Questions
What was Magnite's revenue in fiscal 2025?
Magnite (MGNI) reported revenue of $714.0M for fiscal 2025.
What is Magnite's annual revenue history?
Magnite's annual revenue by fiscal year: 2020: $221.6M; 2021: $468.4M; 2022: $577.1M; 2023: $619.7M; 2024: $668.2M; 2025: $714.0M.
What was Magnite's net income in fiscal 2025?
Magnite reported net income of $144.6M for fiscal 2025.
What was Magnite's earnings per share (EPS) in fiscal 2025?
Magnite's diluted EPS was $0.95 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Magnite generate in fiscal 2025?
Magnite generated $165.6M of free cash flow in fiscal 2025.
What was Magnite's revenue last quarter?
In its most recent reported quarter (2026 Q2), Magnite reported revenue of $192.8M.
How much debt does Magnite have?
Magnite reported $556.1M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Magnite are outstanding?
Magnite reported a weighted average of 143.0 million basic shares outstanding in 2026 Q2.
What is Magnite's market cap?
Based on its latest closing price, Magnite (MGNI) has a market capitalization of about $3.73B.
When does Magnite's fiscal year end?
Magnite's fiscal year end, as registered with the SEC, is December 31.
Where is Magnite headquartered?
Magnite lists its business address in New York, New York in its SEC filings.