Magnite, Inc. MGNI R2K
Communication Services · Advertising Agencies · United States
Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory, or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that brings buyers and sellers together. It markets its solutions through sales teams that operate from various locations. Magnite, Inc. was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. The company was incorporated in 2007 and is headquartered in New York, New York.
READ MORE ›$14.33
-12.41% 1Y
Market & Price
Market Cap
$2.05B
Current Price
$14.33
High / Low (52W)
$26.52 / $11.20
Beta
2.32
Valuation
Stock P/E
13.65
Industry PE
23.46
Forward P/E
11.65
PEG Ratio
0.09
Book Value
$6.39
Price to Book
2.24
P/S
2.84
EV/EBITDA
15.78
Dividend Yield
-
Profitability & Returns
ROCE
6.77%
ROE
19.12%
ROA
2.38%
Profit Margin
21.96%
Op Margin
4.70%
EPS (Latest Qtr)
$0.03
EPS (TTM)
$1.05
Balance Sheet & Liquidity
Debt/Equity
0.47
Quick Ratio
1.00
Current Ratio
1.02
Debt
$429.67M
Total Assets
$3.16B
Current Assets
$1.88B
Working Capital
$39.84M
Ownership
Promoter Holding
1.30%
Chg in Prom Hold
-
FII / Inst Holding
93.69%
Chg in FII Hold
-0.00%
Financial Snapshot
Enterprise Value
$2.30B
Total Revenue (TTM)
$722.55M
EBITDA
$145.59M
Free Cash Flow
$1.52M
Operating Cash Flow
$112.84M
Shares Outstanding
143.22M
Gross Margin
63.43%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
7.35%
Profit 5Y
70.32%
Revenue (YoY)
5.50%
Earnings (YoY)
-
PROS
- Excellent profit margin of 22.0%.
- Profit CAGR of 70.3% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 46.0% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Communication Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | MGNI Magnite, Inc. R2K | 14.33 | 13.65 | $2.05B | - | 6.77% | 19.12% | 7.35% | 70.32% |
| 2 | GOOGL Alphabet Inc. NDXSPXAI | 380.34 | 28.99 | $4.61T | 0.23% | 32.40% | 38.88% | 12.51% | 30.14% |
| 3 | META Meta Platforms, Inc. NDXSPXAI | 632.51 | 22.99 | $1.61T | 0.33% | 26.87% | 32.93% | 19.89% | 37.61% |
| 4 | NFLX Netflix, Inc. NDXSPXAI | 86.02 | 27.75 | $362.21B | - | 30.26% | 48.49% | 12.64% | 34.71% |
| 5 | APP AppLovin Corporation NDXSPXAI | 613.09 | 53.17 | $205.96B | - | 70.20% | - | 24.84% | 609.87% |
| 6 | TMUS T-Mobile US, Inc. NDXSPX | 187.53 | 19.93 | $202.95B | 2.18% | 9.27% | 18.02% | 3.53% | 61.90% |
| 7 | VZ Verizon Communications Inc. SPX | 47.81 | 11.66 | $199.63B | 5.92% | 8.59% | 17.20% | 0.33% | -6.86% |
| 8 | DIS The Walt Disney Company SPX | 101.83 | 16.29 | $176.83B | 1.47% | 8.46% | 11.01% | 4.51% | 58.00% |
| 9 | T AT&T Inc. SPX | 24.80 | 8.16 | $172.32B | 4.48% | 9.23% | 18.37% | 1.34% | 119.18% |
Ad space
Quarterly Results
Figures in USD.
| Metric | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | 29.73M | - | 32.42M | 37.87M | 37.64M | 48.49M | 36.30M | 42.35M | 60.98M | 82.00M | 60.72M | 114.54M | 131.87M | 118.08M | 137.78M | 145.81M | 130.15M | 152.54M | 150.09M | 149.32M | 162.88M | - | - | 155.77M | 173.33M | 179.49M | 205.36M | 164.37M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 62.80M | 64.95M | 69.36M | 69.51M | 60.41M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 92.97M | 108.38M | 110.14M | 135.84M | 103.96M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 94.34M | 86.42M | 85.10M | 83.72M | 96.24M |
| Operating Income | -11.50M | -5.17M | -1.88M | 1.32M | -2.37M | -21.97M | -15.47M | -11.32M | -105.75M | -24.43M | -27.67M | -19.19M | -14.27M | -2.48M | -13.29M | -8.60M | -6.68M | 986.00K | -10.73M | -40.56M | -10.94M | 8.00M | -13.78M | -46.98M | -23.95M | -39.82M | -23.26M | -21.16M | -100.50M | -71.80M | -17.84M | -13.83M | 9.57M | - | - | -1.36M | 21.96M | 25.04M | 52.13M | 7.72M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.53M | 32.11M | 41.15M | 56.43M | 25.11M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.42M | 7.80M | 7.90M | -5.20M | 7.01M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -10.49M | 12.10M | 20.94M | 48.07M | 3.73M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -853.00K | 958.00K | 885.00K | -74.98M | -681.00K |
| Net Income | -11.94M | -3.01M | 2.28M | -2.68M | 3.53M | -21.19M | -15.84M | -11.55M | -103.57M | -23.82M | -27.82M | -17.98M | -13.79M | -2.23M | -12.55M | -8.28M | -6.17M | 1.52M | -9.68M | -39.13M | -10.52M | 5.89M | -12.88M | 36.81M | -24.32M | -44.59M | -24.95M | -24.39M | -98.73M | -73.89M | -17.48M | -17.76M | -1.08M | - | - | -9.63M | 11.14M | 20.06M | 123.05M | 4.41M |
| Diluted EPS | -0.30 | -0.07 | 0.05 | -0.06 | 0.07 | -0.44 | -0.33 | -0.24 | -2.11 | -0.48 | -0.56 | -0.36 | -0.27 | -0.04 | -0.24 | -0.16 | -0.12 | 0.03 | -0.18 | -0.36 | -0.10 | 0.05 | -0.11 | 0.26 | -0.18 | -0.34 | -0.19 | -0.18 | -0.73 | -0.54 | -0.13 | -0.13 | -0.01 | - | - | -0.07 | 0.08 | 0.13 | 0.80 | 0.03 |
| R&D Expense | 10.39M | 11.82M | 12.44M | 13.29M | 12.51M | 12.93M | 12.75M | 12.04M | 11.58M | 11.12M | 10.49M | 9.24M | 9.30M | 8.82M | 9.72M | 9.84M | 10.29M | 10.40M | 10.69M | 13.06M | 13.56M | 14.23M | 14.27M | 18.11M | 21.06M | 23.04M | 23.04M | 25.13M | 24.21M | 23.38M | 23.54M | 26.89M | 25.83M | 20.26M | - | 22.29M | 21.58M | 20.20M | - | 25.17M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | 124.69M | 156.41M | 221.63M | - | 577.07M | 619.71M | 668.17M | 713.95M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | 307.17M | 409.91M | 258.84M | 266.62M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | 269.90M | 209.80M | 409.33M | 447.33M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | 375.22M | 357.35M | 358.25M | 349.57M |
| Operating Income | -1.20M | -3.88M | -18.78M | -5.60M | -24.90M | -156.98M | -63.61M | -27.58M | -54.23M | - | -105.32M | -147.54M | 51.09M | 97.76M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | 109.72M | 115.64M | 112.03M | 143.22M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | 29.26M | 32.37M | 27.03M | 18.92M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | -135.60M | -157.55M | 26.48M | 70.63M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | -5.27M | 1.64M | 3.70M | -73.99M |
| Net Income | -2.36M | -9.25M | -18.67M | 422.00K | -18.05M | -154.78M | -61.82M | -25.48M | -53.43M | - | -130.32M | -159.18M | 22.79M | 144.61M |
| Diluted EPS | - | -1.17 | -0.70 | 0.01 | -0.39 | -3.17 | - | -0.48 | -0.55 | - | -0.98 | -1.17 | 0.16 | 0.95 |
| R&D Expense | 13.12M | 18.61M | 22.72M | 42.05M | 51.18M | 47.50M | 37.86M | 40.25M | 51.55M | 74.45M | 93.76M | 94.32M | 95.24M | 84.71M |
Compounded Sales Growth
| 5 Years: | 7.35% |
| 1 Year: | 5.50% |
Compounded Profit Growth
| 5 Years: | 70.32% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -12.41% |
| 6 Months: | -3.44% |
| 3 Months: | +5.21% |
| 1 Month: | +10.91% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 149.89M | 296.48M | 536.74M | 519.77M | 383.63M | 360.01M | 395.12M | 938.96M | - | 2.71B | 2.69B | 2.85B | 3.16B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | 1.33B | 1.52B | 1.70B | 1.88B |
| Cash & Equivalents | 16.25M | 21.62M | 29.96M | 97.20M | 116.50M | 149.42M | 76.64M | 80.45M | 88.89M | 117.68M | - | 326.25M | 326.22M | 483.22M | 553.36M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | 976.51M | 1.18B | 1.20B | 1.30B |
| Total Liabilities | - | - | 133.73M | 167.73M | 258.63M | 220.26M | 219.02M | 242.00M | 283.18M | 557.35M | - | 1.92B | 1.99B | 2.09B | 2.24B |
| Current Liabilities | - | - | 123.39M | 154.40M | 250.16M | 218.44M | 217.24M | 240.98M | 267.50M | 522.20M | - | 1.13B | 1.40B | 1.50B | 1.84B |
| Long Term Debt | - | - | - | - | - | - | - | - | - | 0 | - | 722.76M | 532.99M | 550.10M | 347.67M |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | 813.86M | 606.65M | 608.81M | 626.36M |
| Total Equity | -36.77M | -34.56M | -36.41M | 128.75M | 278.10M | 299.51M | 164.61M | 118.01M | 111.94M | 381.61M | - | 791.30M | 701.68M | 768.22M | 922.35M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | 134.01M | 138.58M | 141.43M | 142.96M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 15.60M | 21.09M | 6.64M | 76.86M | 60.12M | 21.54M | -22.69M | 31.98M | -12.06M | - | 192.55M | 214.37M | 235.20M | 236.17M |
| Investing Cash Flow | -9.03M | -11.86M | -23.12M | -73.88M | -37.38M | -93.21M | 27.95M | -23.39M | 32.64M | - | -65.15M | -37.38M | -47.50M | -92.77M |
| Financing Cash Flow | -1.40M | -796.00K | 83.79M | 15.47M | 10.08M | -1.38M | -1.28M | -205.00K | 7.35M | - | -30.17M | -177.84M | -28.90M | -75.08M |
| Capital Expenditure | -3.04M | -6.79M | -10.71M | -20.10M | -23.48M | -32.44M | -11.43M | -11.43M | -14.29M | - | -44.40M | -37.38M | -47.07M | -84.30M |
| Free Cash Flow | 12.56M | 14.31M | -4.06M | 56.75M | 36.64M | -10.90M | -34.12M | 20.56M | -26.36M | - | 148.15M | 176.98M | 188.13M | 151.87M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | 97.23M | -858.00K | 158.79M | 68.32M |
| Share Buybacks | - | - | - | - | - | - | - | 0 | 0 | 6.01M | 15.66M | 0 | 14.57M | 46.28M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | 46.8% | 33.9% | 61.3% | 62.7% |
| Operating Margin % | - | - | - | - | - | - | -51.0% | -17.6% | -24.5% | - | -18.3% | -23.8% | 7.6% | 13.7% |
| Net Margin % | - | - | - | - | - | - | -49.6% | -16.3% | -24.1% | - | -22.6% | -25.7% | 3.4% | 20.3% |
| ROE % | 6.8% | 25.4% | -14.5% | 0.2% | -6.0% | -94.0% | -52.4% | -22.8% | -14.0% | - | -16.5% | -22.7% | 3.0% | 15.7% |
| ROCE % | - | -14.6% | -13.2% | -2.0% | -8.3% | -94.3% | -53.4% | -21.6% | -13.0% | - | -6.6% | -11.5% | 3.8% | 7.4% |
Shareholding Pattern
Insiders
1.30%
Institutions
93.69%
Public Float
94.92%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 8.14% | 11.66M | $167.05M |
| 2 | Wellington Management Group, LLP | 6.42% | 9.19M | $131.71M |
| 3 | Vanguard Portfolio Management LLC | 5.39% | 7.73M | $110.72M |
| 4 | Vanguard Capital Management LLC | 4.32% | 6.19M | $88.71M |
| 5 | Capital Research Global Investors | 3.51% | 5.02M | $71.94M |
| 6 | Boston Partners | 3.30% | 4.72M | $67.64M |
| 7 | American Century Companies Inc | 3.23% | 4.63M | $66.30M |
| 8 | FMR, LLC | 3.15% | 4.51M | $64.59M |
| 9 | Dimensional Fund Advisors LP | 2.78% | 3.98M | $57.09M |
| 10 | Nuveen, LLC | 2.51% | 3.59M | $51.45M |
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