NASDAQ : MGNI
Magnite, Inc. — Financial statements
Communication Services · Advertising Agencies · United States
Last price 21.49 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 3.08B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Magnite, Inc. (MGNI) reported revenue of 742.04M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 742.04M | 713.95M | 668.17M | 619.71M | 577.07M | 468.41M |
| Cost of Revenue | 261.31M | 266.62M | 258.84M | 409.91M | 307.17M | 201.66M |
| Gross Profit | 480.73M | 447.33M | 409.33M | 209.80M | 269.90M | 266.75M |
| Selling, General & Admin | 274.48M | 264.86M | 263.00M | 263.03M | 281.46M | 235.19M |
| Research & Development | 90.14M | 84.71M | 95.24M | 94.32M | 93.76M | 74.45M |
| Operating Expenses | 364.62M | 349.57M | 358.25M | 357.35M | 375.22M | 309.64M |
| Operating Income | 116.11M | 97.76M | 51.09M | -147.54M | -105.32M | -42.89M |
| Interest Expense | -32.27M | -31.65M | -40.43M | -43.46M | -32.18M | -19.85M |
| Interest & Investment Income | 12.72M | 12.72M | 13.40M | 11.09M | 2.92M | |
| Currency Exchange Gain (Loss) | 559.00K | -6.97M | 5.08M | -1.95M | 1.13M | 1.48M |
| Other Non Operating Income (Expenses) | 1.33M | 1.07M | 5.05M | 5.30M | 5.32M | 4.45M |
| EBT Excluding Unusual Items | 98.46M | 72.94M | 34.19M | -176.56M | -128.13M | -56.81M |
| Merger & Restructuring Charges | -162.00K | -162.00K | -7.46M | -7.47M | -38.18M | |
| Other Unusual Items | -2.15M | -7.71M | 26.48M | |||
| Pretax Income | 98.30M | 70.63M | 26.48M | -157.55M | -135.60M | -94.99M |
| Income Tax Expense | -68.59M | -73.99M | 3.70M | 1.64M | -5.27M | -95.05M |
| Net Income | 166.89M | 144.61M | 22.79M | -159.18M | -130.32M | 65.00K |
| Net Income to Common | 166.89M | 144.61M | 22.79M | -159.18M | -130.32M | 65.00K |
| Shares Outstanding (Basic) | 143.32M | 142.56M | 140.56M | 136.62M | 132.89M | 126.29M |
| Shares Outstanding (Diluted) | 152.99M | 153.77M | 146.81M | 136.62M | 132.89M | 136.26M |
| EPS (Basic) | 1.16 | 1.01 | 0.16 | -1.17 | -0.98 | 0.00 |
| EPS (Diluted) | 1.10 | 0.95 | 0.16 | -1.17 | -0.98 | 0.00 |
| Free Cash Flow | 215.76M | 165.63M | 202.39M | 187.60M | 161.74M | 108.89M |
| Free Cash Flow Per Share | 1.41 | 1.08 | 1.38 | 1.37 | 1.22 | 0.80 |
| Gross Margin | 64.78% | 62.66% | 61.26% | 33.86% | 46.77% | 56.95% |
| Operating Margin | 15.65% | 13.69% | 7.65% | -23.81% | -18.25% | -9.16% |
| Profit Margin | 22.49% | 20.26% | 3.41% | -25.69% | -22.58% | 0.01% |
| Free Cash Flow Margin | 29.08% | 23.20% | 30.29% | 30.27% | 28.03% | 23.25% |
| EBITDA | 157.19M | 137.74M | 97.60M | 78.98M | 98.14M | 94.99M |
| EBITDA Margin | 21.18% | 19.29% | 14.61% | 12.74% | 17.01% | 20.28% |
| D&A For EBITDA | 41.09M | 39.97M | 46.51M | 226.52M | 203.45M | 137.89M |
| EBIT | 116.11M | 97.76M | 51.09M | -147.54M | -105.32M | -42.89M |
| EBIT Margin | 15.65% | 13.69% | 7.65% | -23.81% | -18.25% | -9.16% |
| Effective Tax Rate | 13.96% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 332.62M | 553.36M | 483.22M | 326.22M | 326.25M | 230.40M |
| Cash & Short-Term Investments | 332.62M | 553.36M | 483.22M | 326.22M | 326.25M | 230.40M |
| Receivables | 1.38B | 1.30B | 1.20B | 1.18B | 976.51M | 927.78M |
| Prepaid Expenses | 30.01M | 26.26M | 19.91M | 20.51M | 23.25M | 19.19M |
| Restricted Cash | 248.00K | 240.00K | ||||
| Other Current Assets | 500.00K | |||||
| Total Current Assets | 1.75B | 1.88B | 1.70B | 1.52B | 1.33B | 1.18B |
| Property, Plant & Equipment | 178.34M | 175.16M | 119.06M | 107.92M | 123.18M | 111.05M |
| Goodwill | 983.90M | 983.90M | 978.22M | 978.22M | 978.22M | 969.87M |
| Other Intangible Assets | 38.45M | 41.24M | 47.93M | 72.94M | 277.17M | 446.71M |
| Long-Term Deferred Tax Assets | 76.31M | 2.40M | 1.80M | |||
| Long-Term Deferred Charges | 700.00K | |||||
| Other Long-Term Assets | 85.74M | 6.18M | 6.38M | 6.73M | 4.98M | 4.36M |
| Total Assets | 3.03B | 3.16B | 2.85B | 2.69B | 2.71B | 2.71B |
| Accounts Payable | 1.64B | 1.59B | 1.45B | 1.36B | 1.08B | 983.12M |
| Accrued Expenses | 23.96M | 19.52M | 17.70M | 15.09M | 15.06M | 16.23M |
| Current Portion of Long-Term Debt | 3.63M | 208.45M | 3.64M | 3.60M | 3.60M | 3.60M |
| Current Portion of Leases | 23.86M | 20.16M | 16.09M | 20.40M | 21.17M | 19.14M |
| Other Current Liabilities | 11.29M | 6.46M | 9.88M | 5.96M | 8.25M | 7.30M |
| Total Current Liabilities | 1.70B | 1.84B | 1.50B | 1.40B | 1.13B | 1.03B |
| Long-Term Debt | 346.77M | 347.67M | 550.10M | 532.99M | 722.76M | 720.02M |
| Long-Term Leases | 42.72M | 50.09M | 38.98M | 49.66M | 66.33M | 66.49M |
| Long-Term Deferred Tax Liabilities | 410.00K | 315.00K | 5.07M | 13.30M | ||
| Other Long-Term Liabilities | 3.34M | 2.54M | 1.07M | 2.02M | 1.72M | 2.65M |
| Total Liabilities | 2.10B | 2.24B | 2.09B | 1.99B | 1.92B | 1.83B |
| Common Stock | 2.00K | 2.00K | 2.00K | 2.00K | 2.00K | 2.00K |
| Additional Paid-In Capital | 1.43B | 1.44B | 1.43B | 1.39B | 1.32B | 1.28B |
| Retained Earnings | -492.78M | -516.56M | -661.17M | -683.96M | -524.77M | -394.45M |
| Treasury Stock | -6.01M | |||||
| Comprehensive Income & Other | -1.40M | -1.45M | -4.42M | -2.08M | -3.15M | -1.38M |
| Shareholders' Equity | 936.27M | 922.35M | 768.22M | 701.68M | 791.30M | 880.76M |
| Total Liabilities & Equity | 3.03B | 3.16B | 2.85B | 2.69B | 2.71B | 2.71B |
| Total Debt | 416.98M | 626.36M | 608.81M | 606.65M | 813.86M | 809.25M |
| Net Cash (Debt) | -84.36M | -73.00M | -125.59M | -280.43M | -487.61M | -578.85M |
| Net Cash Per Share | -0.55 | -0.47 | -0.86 | -2.05 | -3.67 | -4.25 |
| Filing Date Shares Outstanding | 143.42M | 144.36M | 142.95M | 139.93M | 135.06M | 132.27M |
| Total Common Shares Outstanding | 143.38M | 142.96M | 141.43M | 138.58M | 134.01M | 132.20M |
| Working Capital | 42.67M | 39.84M | 207.20M | 120.87M | 201.23M | 148.72M |
| Book Value Per Share | 6.53 | 6.45 | 5.43 | 5.06 | 5.90 | 6.66 |
| Tangible Book Value | -86.08M | -102.80M | -257.93M | -349.47M | -464.09M | -535.82M |
| Tangible Book Value Per Share | -0.60 | -0.72 | -1.82 | -2.52 | -3.46 | -4.05 |
| Machinery | 248.05M | 230.40M | 187.64M | 158.85M | 154.06M | 128.38M |
| Leasehold Improvements | 1.27M | 1.12M | 2.58M | 3.89M | 3.37M | 3.31M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 166.89M | 144.61M | 22.79M | -159.18M | -130.32M | 65.00K |
| Depreciation & Amortization | 41.09M | 39.97M | 46.51M | 226.52M | 203.45M | 137.89M |
| Other Amortization | 16.93M | 17.34M | 16.12M | 20.58M | 19.39M | 13.82M |
| Loss (Gain) From Sale of Assets | 130.00K | |||||
| Asset Writedown & Restructuring Costs | 3.32M | 100.00K | ||||
| Stock-Based Compensation | 75.19M | 76.65M | 76.52M | 72.62M | 64.12M | 40.73M |
| Provision & Write-off of Bad Debts | 1.15M | 1.15M | 587.00K | 4.67M | -163.00K | 49.00K |
| Other Operating Activities | -85.05M | -71.87M | -3.95M | -26.30M | -7.67M | -98.09M |
| Change in Accounts Receivable | -83.51M | -103.76M | -26.02M | -220.10M | -46.33M | -254.37M |
| Change in Accounts Payable | 150.31M | 142.60M | 97.38M | 294.68M | 91.38M | 284.90M |
| Change in Other Net Operating Assets | -2.04M | -10.53M | 5.27M | 892.00K | -4.62M | 1.35M |
| Operating Cash Flow | 280.94M | 236.17M | 235.20M | 214.37M | 192.55M | 126.59M |
| Capital Expenditures | -65.18M | -70.53M | -32.81M | -26.76M | -30.82M | -17.70M |
| Cash Acquisitions | -8.10M | -8.10M | -20.75M | -661.87M | ||
| Sale (Purchase) of Intangibles | -15.47M | -13.77M | -14.26M | -10.62M | -13.58M | -11.43M |
| Other Investing Activities | -362.00K | -362.00K | -432.00K | |||
| Investing Cash Flow | -89.11M | -92.77M | -47.50M | -37.38M | -65.15M | -691.00M |
| Long-Term Debt Issued | 92.62M | 413.46M | 749.20M | |||
| Long-Term Debt Repaid | -95.34M | -404.94M | -169.39M | -4.41M | -2.44M | |
| Net Debt Issued (Repaid) | -208.70M | -2.72M | 8.53M | -169.39M | -4.41M | 746.75M |
| Issuance of Common Stock | 9.55M | 7.00M | 4.16M | 5.68M | 5.98M | 13.14M |
| Repurchase of Common Stock | -85.96M | -79.21M | -37.05M | -11.81M | -30.16M | -12.50M |
| Other Financing Activities | -159.00K | -4.55M | -2.31M | -1.58M | -69.34M | |
| Financing Cash Flow | -285.11M | -75.08M | -28.90M | -177.84M | -30.17M | 678.05M |
| Foreign Exchange Rate Adjustments | -120.00K | 1.82M | -1.79M | 575.00K | -1.42M | -683.00K |
| Net Cash Flow | -93.39M | 70.14M | 157.00M | -283.00K | 95.81M | 112.96M |
| Free Cash Flow | 215.76M | 165.63M | 202.39M | 187.60M | 161.74M | 108.89M |
| Free Cash Flow Margin | 29.08% | 23.20% | 30.29% | 30.27% | 28.03% | 23.25% |
| Free Cash Flow Per Share | 1.41 | 1.08 | 1.38 | 1.37 | 1.22 | 0.80 |
| Levered Free Cash Flow | 160.22M | 119.60M | 173.69M | 244.05M | 197.94M | 160.05M |
| Unlevered Free Cash Flow | 177.16M | 135.73M | 194.84M | 264.94M | 211.27M | 167.53M |
| Cash Interest Paid | 26.61M | 28.16M | 36.86M | 37.03M | 26.32M | 12.91M |
| Cash Income Tax Paid | 3.83M | 3.76M | 3.87M | 5.36M | 4.93M | 2.14M |
| Change in Working Capital | 64.75M | 28.32M | 76.63M | 75.47M | 40.44M | 31.89M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.10B | 2.33B | 2.24B | 1.29B | 1.41B | 2.31B |
| Enterprise Value | 3.19B | 2.47B | 2.47B | 1.66B | 1.97B | 2.91B |
| Last Close Price | 21.64 | 16.23 | 15.92 | 9.34 | 10.59 | 17.50 |
| PE Ratio | 19.68 | 16.12 | 98.30 | 35,488.08 | ||
| Forward PE | 18.13 | 16.58 | 18.34 | 15.13 | 14.46 | 23.95 |
| PS Ratio | 4.18 | 3.27 | 3.35 | 2.08 | 2.45 | 4.92 |
| PB Ratio | 3.31 | 2.53 | 2.92 | 1.83 | 1.78 | 2.62 |
| P/FCF Ratio | 14.38 | 14.08 | 11.07 | 6.86 | 8.73 | 21.18 |
| P/OCF Ratio | 11.05 | 9.87 | 9.52 | 6.01 | 7.34 | 18.22 |
| PEG Ratio | 0.55 | 0.59 | 0.49 | 1.94 | 1.94 | 1.94 |
| EV/Sales Ratio | 4.30 | 3.47 | 3.70 | 2.67 | 3.41 | 6.22 |
| EV/EBITDA Ratio | 20.28 | 17.96 | 25.32 | 20.98 | 20.06 | 30.66 |
| EV/EBIT Ratio | 27.46 | 25.31 | 48.37 | |||
| EV/FCF Ratio | 14.78 | 14.94 | 12.21 | 8.83 | 12.17 | 26.75 |
| Debt / Equity Ratio | 0.45 | 0.68 | 0.79 | 0.86 | 1.03 | 0.92 |
| Debt / EBITDA Ratio | 2.28 | 3.93 | 5.35 | 6.18 | 7.00 | 6.38 |
| Debt / FCF Ratio | 1.93 | 3.78 | 3.01 | 3.23 | 5.03 | 7.43 |
| Net Debt / Equity Ratio | 0.09 | 0.08 | 0.16 | 0.40 | 0.62 | 0.66 |
| Net Debt / EBITDA Ratio | 0.54 | 0.53 | 1.29 | 3.55 | 4.97 | 6.09 |
| Net Debt / FCF Ratio | 0.39 | 0.44 | 0.62 | 1.50 | 3.02 | 5.32 |
| Asset Turnover | 0.25 | 0.24 | 0.24 | 0.23 | 0.21 | 0.26 |
| Quick Ratio | 1.01 | 1.01 | 1.12 | 1.07 | 1.16 | 1.12 |
| Current Ratio | 1.02 | 1.02 | 1.14 | 1.09 | 1.18 | 1.14 |
| Return on Equity (ROE) | 19.58% | 17.11% | 3.10% | -21.32% | -15.59% | 0.01% |
| Return on Assets (ROA) | 2.44% | 2.03% | 1.15% | -3.42% | -2.43% | -1.47% |
| Return on Invested Capital (ROIC) | 10.63% | 10.35% | 4.69% | -13.05% | -7.69% | -4.86% |
| Return on Capital Employed (ROCE) | 8.70% | 7.40% | 3.80% | -11.50% | -6.60% | -2.50% |
| Earnings Yield | 5.08% | 6.20% | 1.02% | -12.36% | -9.23% | 0.00% |
| FCF Yield | 6.95% | 7.10% | 9.04% | 14.57% | 11.45% | 4.72% |
| Buyback Yield / Dilution | -1.02% | -4.74% | -7.46% | -2.81% | 2.48% | -40.91% |