Security
MGNI · MAGNITE, INC.
MGNINASDAQCommon stockCurrentCIK 1595974Updated Sep 27, 2026
Name history
RUBICON PROJECT, INC. · through Jun 30, 2020
MGNI price & chart
Loading TradingView…
NASDAQ:MGNI on TradingView ↗About the company
We’re Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising company. Publishers use our technology to monetize their content across all screens and formats including CTV, online video, display, and audio. The world’s leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC.
In the news
Magnite to Participate in Upcoming Financial Conferences ↗
JioHotstar Deepens Partnership with Magnite to Advance Programmatic Monetisation and Mediation Across Live Sports and Entertainment Portfolio ↗
Recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
4 filing
144 filing
144 filing
144 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 3,164,375,000Source | 2,854,768,000Source | 2,688,806,000Source | 2,712,213,000Source |
| Property, Plant and Equipment, NetUSD | 108,546,000Source | 68,730,000Source | 47,371,000Source | 44,969,000Source |
| GoodwillUSD | 983,902,000Source | 978,217,000Source | 978,217,000Source | 978,217,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 12,445,000Source | 21,309,000Source | 51,011,000Source | 253,501,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 553,362,000Source | 483,220,000Source | 326,219,000Source | 326,254,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,301,955,000Source | 1,200,046,000Source | 1,176,276,000Source | 976,506,000Source |
| Assets, CurrentUSD | 1,881,578,000Source | 1,703,180,000Source | 1,523,003,000Source | 1,326,261,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 26,261,000Source | 19,914,000Source | 20,508,000Source | 23,501,000Source |
| Operating Lease, Right-of-Use AssetUSD | 66,611,000Source | 50,329,000Source | 60,549,000Source | 78,211,000Source |
| Other Assets, NoncurrentUSD | 82,494,000Source | 6,378,000Source | 6,729,000Source | 7,383,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,242,025,000Source | 2,086,550,000Source | 1,987,123,000Source | 1,920,915,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 2,000Source | 2,000Source | 2,000Source | 2,000Source |
| Additional Paid in CapitalUSD | 1,440,358,000Source | 1,433,809,000Source | 1,387,715,000Source | 1,319,221,000Source |
| Retained Earnings (Accumulated Deficit)USD | -516,559,000Source | -661,172,000Source | -683,958,000Source | -524,774,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -1,451,000Source | -4,421,000Source | -2,076,000Source | -3,151,000Source |
| Stockholders' Equity Attributable to ParentUSD | 922,350,000Source | 768,218,000Source | 701,683,000Source | 791,298,000Source |
| Liabilities and EquityUSD | 3,164,375,000Source | 2,854,768,000Source | 2,688,806,000Source | 2,712,213,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,841,736,000Source | 1,495,984,000Source | 1,402,135,000Source | 1,125,032,000Source |
| Operating Lease, Liability, CurrentUSD | 20,163,000Source | 16,086,000Source | — | — |
| Operating Lease, Liability, NoncurrentUSD | 50,085,000Source | 38,983,000Source | — | — |
| Deferred Income Tax Liabilities, NetUSD | — | — | 680,000Source | 5,072,000Source |
| Other Liabilities, NoncurrentUSD | 2,539,000Source | 1,479,000Source | 1,657,000Source | 1,723,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | — | 410,000Source | 315,000Source | 2,694,000Source |
| Long-term Debt, Current MaturitiesUSD | — | — | 3,600,000Source | 3,600,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 347,665,000Source | 550,104,000Source | 532,986,000Source | 722,757,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 53,674,000Source | 58,510,000Source | 240,820,000Source | 216,052,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 76,648,000Source | 76,519,000Source | 72,617,000Source | 64,118,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 103,761,000Source | 26,024,000Source | 220,102,000Source | 46,325,000Source |
| Deferred Income Tax Expense (Benefit)USD | -78,314,000Source | 63,000Source | -2,282,000Source | -8,879,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 236,168,000Source | 235,201,000Source | 214,367,000Source | 192,550,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 8,100,000Source | 0Source | 0Source | 20,755,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -92,765,000Source | -47,502,000Source | -37,383,000Source | -65,152,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 362,000Source | 432,000Source | — | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | 70,535,000Source | 32,810,000Source | 26,764,000Source | 30,815,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 32,924,000Source | 22,472,000Source | 11,814,000Source | 14,498,000Source |
| Payments for Repurchase of Common StockUSD | 46,282,000Source | 14,573,000Source | 0Source | 15,663,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -75,084,000Source | -28,904,000Source | -177,842,000Source | -30,172,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 70,142,000Source | 157,001,000Source | -283,000Source | 95,809,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 553,362,000Source | 483,220,000Source | 326,219,000Source | 326,502,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 28,159,000Source | 36,863,000Source | 37,028,000Source | 26,320,000Source |
| Income Taxes Paid, NetUSD | 3,760,000Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,823,000Source | -1,794,000Source | 575,000Source | -1,417,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 76,648,000Source | 76,519,000Source | 72,617,000Source | 64,118,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 3,642,000Source | 4,119,000Source | 6,279,000Source | 6,785,000Source |
| Amortization of Intangible AssetsUSD | 15,100,000Source | 30,100,000Source | 202,500,000Source | 184,400,000Source |
| Capitalized Computer Software, AmortizationUSD | 13,700,000Source | 12,000,000Source | 14,300,000Source | 12,600,000Source |
| DepreciationUSD | 24,800,000Source | 16,400,000Source | 24,000,000Source | 19,000,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -6,972,000Source | 5,083,000Source | -1,953,000Source | 1,129,000Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | -5,563,000Source | 7,001,000Source | -1,266,000Source | 271,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | -311,000Source | 86,000Source |
| Gain (Loss) on Termination of LeaseUSD | — | 1,800,000Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | -2,152,000Source | -7,706,000Source | 26,480,000Source | — |
| General and Administrative ExpenseUSD | 93,191,000Source | 96,860,000Source | 89,048,000Source | 81,382,000Source |
| GoodwillUSD | 983,902,000Source | 978,217,000Source | 978,217,000Source | 978,217,000Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | 383,700,000Source | 40,500,000Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | — | 0Source | 0Source | 3,320,000Source |
| Income Tax Expense (Benefit)USD | -73,986,000Source | 3,698,000Source | 1,637,000Source | -5,274,000Source |
| InterestExpenseNonoperatingUSD | 18,923,000Source | 27,032,000Source | — | — |
| Investment Income, InterestUSD | 12,725,000Source | 13,398,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 144,613,000Source | 22,786,000Source | -159,184,000Source | -130,323,000Source |
| Nonoperating Income (Expense)USD | -26,974,000Source | -24,603,000Source | -2,538,000Source | -22,813,000Source |
| Operating Lease, ExpenseUSD | — | — | 24,500,000Source | 23,300,000Source |
| Proceeds from Stock Options ExercisedUSD | 3,063,000Source | 572,000Source | 2,166,000Source | 2,234,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 713,953,000Source | 668,170,000Source | 619,710,000Source | 577,069,000Source |
| Cost of RevenueUSD | 266,619,000Source | 258,838,000Source | 409,906,000Source | 307,165,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Operating Income (Loss)USD | 97,601,000Source | 51,087,000Source | -155,009,000Source | -112,784,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 70,627,000Source | 26,484,000Source | -157,547,000Source | -135,597,000Source |
| Income Tax Expense (Benefit)USD | -73,986,000Source | 3,698,000Source | 1,637,000Source | -5,274,000Source |
| Net Income (Loss) Attributable to ParentUSD | 144,613,000Source | 22,786,000Source | -159,184,000Source | -130,323,000Source |
| Earnings Per Share, BasicUSD per share | 1.01Source | 0.16Source | -1.17Source | -0.98Source |
| Earnings Per Share, DilutedUSD per share | 0.95Source | 0.16Source | -1.17Source | -0.98Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 142,560,000Source | 140,557,000Source | 136,620,000Source | 132,887,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 153,770,000Source | 146,810,000Source | 136,620,000Source | 132,887,000Source |
| Interest Expense (non-operating)USD | 18,923,000Source | 27,032,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 15,100,000Source | 30,100,000Source | 202,500,000Source | 184,400,000Source |
| Business Combination, Acquisition Related CostsUSD | — | — | 0Source | 917,000Source |
| Capitalized Computer Software, AmortizationUSD | 13,700,000Source | 12,000,000Source | 14,300,000Source | 12,600,000Source |
| Costs and ExpensesUSD | 616,352,000Source | 617,083,000Source | 774,719,000Source | 689,853,000Source |
| Current Income Tax Expense (Benefit)USD | 4,328,000Source | 3,635,000Source | 3,919,000Source | 3,605,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -6,972,000Source | 5,083,000Source | -1,953,000Source | 1,129,000Source |
| General and Administrative ExpenseUSD | 93,191,000Source | 96,860,000Source | 89,048,000Source | 81,382,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 62,422,000Source | 19,481,000Source | -165,311,000Source | -145,480,000Source |
| Interest Expense, DebtUSD | 31,648,000Source | 40,430,000Source | — | — |
| Interest Income (Expense), NetUSD | — | — | -32,369,000Source | -29,260,000Source |
| Investment Income, InterestUSD | 12,725,000Source | 13,398,000Source | — | — |
| Nonoperating Income (Expense)USD | -26,974,000Source | -24,603,000Source | -2,538,000Source | -22,813,000Source |
| Operating Lease, ExpenseUSD | — | — | 24,500,000Source | 23,300,000Source |
| Other Operating IncomeUSD | 1,073,000Source | 5,052,000Source | 5,304,000Source | 5,318,000Source |
| Research and Development ExpenseUSD | 84,712,000Source | 95,243,000Source | 94,318,000Source | 93,757,000Source |
| Selling and Marketing ExpenseUSD | 171,668,000Source | 166,142,000Source | 173,982,000Source | 200,081,000Source |
Filing attachments
d942988dex991.htm · 8-K · 2025-03-18
EX-99.1 3 d942988dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Magnite Successfully Completes Second Term Loan Repricing Reduces Interest Rate by an Additional 75 Basis Points Over $2.7 Million in Yearly Interest Payment Savings NEW YORK, New York - March 18, 2025 - Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising company, today announced the second successful repricing of its $363 million senior secured term loan facility (Term Loan) due February 2031. The repri…
Read attachment ↗