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Companies / Technology / MAGNITE, INC.
MGNI

MAGNITE, INC.

TechnologyComputer Services
Ticker MGNINEW YORK, NYFiscal year ends DecemberBook value per share $6.34Diluted shares 147.6M

Magnite, Inc. (NASDAQ: MGNI) operates as the world's largest independent omni-channel sell-side advertising platform, providing technology solutions to automate the purchase and sale of digital advertising inventory globally. The company's website is www.magnite.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$713.95M
+6.9% year over year
Last 12 mo $742.04M
13.67%
+6 percentage points
Last 12 mo 15.63%
$144.61M
+534.7% year over year
Last 12 mo $166.89M
15.68%
+12.7 percentage points
Last 12 mo 17.82%
Cash & financing
$236.17M
+0.4% year over year
Last 12 mo $280.94M
$151.87M
−19.3% year over year
Last 12 mo $200.30M
0.60
Was 0.72× a year earlier
Last 12 mo 0.37
153.8M
+4.7% year over year
Last 12 mo 147.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What MAGNITE, INC. does

In the company’s own words

Magnite, Inc. (NASDAQ: MGNI) operates as the world's largest independent omni-channel sell-side advertising platform, providing technology solutions to automate the purchase and sale of digital advertising inventory globally. The company's website is www.magnite.com.

The platform serves both publishers and buyers across all digital channels, including connected television (CTV), mobile, and desktop. Publishers use Magnite's technology to manage and monetize their advertising inventory across CTV channels, applications, websites, and other digital media properties. Buyers, including advertisers, agencies, agency trading desks, and demand-side platforms, leverage the platform to purchase digital advertising inventory and reach target audiences at scale. The company processes trillions of ad requests monthly, positioning itself as a transparent, independent marketplace alternative to "walled gardens" that control both inventory supply and demand.

Magnite's SpringServe CTV platform represents a comprehensive solution for CTV sellers, combining programmatic, ad serving, and mediation functionality with features such as ad podding for commercial breaks, audio normalization, frequency capping, and creative review tools designed to replicate traditional television advertising experiences. The ClearLine product provides buyers with direct access to premium CTV inventory and integrated curation capabilities, enabling custom deal packages enriched with first-party or third-party data.

The company generates revenue primarily through a percentage of advertising spend transacted on its platform, with certain clients or transaction types generating fixed CPM fees or monthly platform fees. The business model emphasizes transparency and controls, allowing clients to define supply hierarchies, set minimum price floors, and establish advertiser-level restrictions.

As of December 31, 2025, Magnite employed 971 full-time employees and maintained operating presence across North America, Australia, Europe, with developing operations in Asia and South America. The company's infrastructure combines globally distributed on-premises data centers with cloud-based systems to optimize transaction processing across diverse traffic patterns and buyer bidding behaviors. In September 2025, Magnite completed the acquisition of Streamr.ai, a platform specializing in artificial intelligence tools for CTV advertising accessibility.

Company details
Sector
Technology
Industry
Computer Services
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1595974
SIC
7370

Financial performance, year by year

Fiscal 2014–2025 · USD
$-249.31M$21.06M$291.43M$561.80M$832.17M201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns MAGNITE, INC. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

269
funds hold it
0 of 35
superinvestors hold it
$914.25M
held by funds, at market
38.3%
of shares held by funds

Largest fund holders · MAGNITE, INC.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.08%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.08%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.03%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.06%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do MAGNITE, INC. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of MAGNITE, INC.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in MAGNITE, INC.'s last four quarterly filings that the numbers alone won't show?”
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