The financials
Magnite, Inc. by the numbers
Magnite, Inc. (MGNI) reported revenue of $164M in Q1 2026 (quarter ended March 31, 2026), up 5.5% from the same quarter a year earlier. That came with a gross margin of 63% and net income of $4.4M (2.7% of revenue). For the full year FY2025, revenue was $714M (+6.9% year on year) and net income $145M. Its largest region in 2026-Q1 was US at $123M, 75% of the disclosed total, just ahead of Non Us at 25%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $164M | $156M | +5.5% |
| Gross profit | $104M | $93M | +12% |
| Operating income | $7.7M | −$1.4M | to a profit |
| Net income | $4.4M | −$9.6M | to a profit |
| Diluted EPS | $0.03 | −$0.07 | to a profit |
| Geographic | Revenue | Share |
|---|---|---|
| US | $123M | 75% |
| Non Us | $41M | 25% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q1 2026Total $164.4M (-8.4%)
US grew +5.6% year on yearNon Us +5.4% year on year
Segment Latestquarter on quarteryear on year
- US$123.3M$123.3MQoQ -8.5%year on year +5.6%-8.5%+5.6%
- Non Us$41.1M$41.1MQoQ -8.2%year on year +5.4%-8.2%+5.4%
Advertising Agencies
Ranks #5 of 9 by Smart Score