MGNI (Magnite, Inc.) Stock Financials & Earnings | Market Cap Arena

MGNIMagnite, Inc.

Mkt Cap$2B

Communication Services·Advertising Agencies·🇺🇸 United States·NASDAQ

Revenue (TTM)$714M

Net Income (TTM)$145M

EPS (TTM)$0.95

Free Cash Flow (TTM)$159M

Gross Margin62.7%

Op. Margin13.7%

Net Margin20.3%

FCF Margin22.3%

P/S Ratio (TTM)2.7x

P/E Ratio (TTM)13.2x

YoY Rev Growth+6.9%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$130M	$5M	-$100M
Q2 23	$153M	$22M	-$72M
Q3 23	$150M	$65M	-$18M
Q4 23	$187M	$117M	$35M
Q1 24	$149M	$83M	-$14M
Q2 24	$163M	$100M	$10M
Q3 24	$162M	$99M	$15M
Q4 24	$194M	$126M	$40M
Q1 25	$156M	$93M	-$1M
Q2 25	$173M	$108M	$22M
Q3 25	$179M	$110M	$25M
Q4 25	$205M	$136M	$52M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	3.2x	—
Q2 23	3.2x	—
Q3 23	3.1x	—
Q4 23	3.1x	—
Q1 24	3.0x	—
Q2 24	2.9x	—
Q3 24	2.9x	110.2x
Q4 24	2.9x	83.6x
Q1 25	2.8x	61.6x
Q2 25	2.8x	44.2x
Q3 25	2.7x	32.9x
Q4 25	2.7x	13.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$31M	-$38M
Q2 23	$74M	$66M
Q3 23	$82M	$75M
Q4 23	$89M	$79M
Q1 24	-$60M	-$70M
Q2 24	$90M	$80M
Q3 24	$91M	$77M
Q4 24	$115M	$108M
Q1 25	$3M	-$15M
Q2 25	$19M	$2M
Q3 25	$87M	$68M
Q4 25	$128M	$103M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$7M
Q2 23	$8M
Q3 23	$7M
Q4 23	$10M
Q1 24	$9M
Q2 24	$9M
Q3 24	$14M
Q4 24	$6M
Q1 25	$17M
Q2 25	$16M
Q3 25	$18M
Q4 25	$25M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+10.2%	+46.1%
Q2 23	+10.7%	+39.3%
Q3 23	+2.9%	+0.6%
Q4 23	+6.6%	-25.6%
Q1 24	+14.7%	-29.3%
Q2 24	+6.8%	-31.7%
Q3 24	+7.9%	-12.5%
Q4 24	+3.8%	+1.3%
Q1 25	+4.3%	-3.7%
Q2 25	+6.4%	-1.3%
Q3 25	+10.8%	+5.2%
Q4 25	+5.9%	-0.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$19M	14.8%
Q2 23	$0	0.0%
Q3 23	$17M	11.6%
Q4 23	$17M	9.2%
Q1 24	$21M	14.0%
Q2 24	$20M	12.1%
Q3 24	$19M	11.5%
Q4 24	$17M	8.9%
Q1 25	$21M	13.6%
Q2 25	$20M	11.3%
Q3 25	$18M	10.1%
Q4 25	$18M	8.7%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$24M	$21M	$53M
Q2 23	$23M	$33M	$38M
Q3 23	$24M	$28M	$32M
Q4 23	$23M	$156K	$58M
Q1 24	$27M	$27M	$44M
Q2 24	$26M	$23M	$42M
Q3 24	$20M	$24M	$40M
Q4 24	$22M	$23M	$41M
Q1 25	$22M	$24M	$48M
Q2 25	$22M	$23M	$42M
Q3 25	$20M	$25M	$40M
Q4 25	$21M	$22M	$41M

Revenue by Geography

Quarter	Non-US	United States
Q1 23	$33M	$97M
Q2 23	$38M	$114M
Q3 23	$39M	$111M
Q4 23	$48M	$139M
Q1 24	$36M	$113M
Q2 24	$40M	$123M
Q3 24	$42M	$120M
Q4 24	$53M	$141M
Q1 25	$39M	$117M
Q2 25	$41M	$132M
Q3 25	$45M	$135M
Q4 25	$52M	$154M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$237M	$0	$237M
Q2 23	$266M	$0	$266M
Q3 23	$311M	$0	$311M
Q4 23	$326M	$0	$326M
Q1 24	$253M	$0	$253M
Q2 24	$326M	$0	$326M
Q3 24	$387M	$0	$387M
Q4 24	$483M	$0	$483M
Q1 25	$430M	$0	$430M
Q2 25	$426M	$0	$426M
Q3 25	$482M	$0	$482M
Q4 25	$553M	$0	$553M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	135M	+0.7%
Q2 23	136M	+1.1%
Q3 23	137M	+0.9%
Q4 23	144M	+4.7%
Q1 24	139M	-3.1%
Q2 24	141M	+0.9%
Q3 24	149M	+5.8%
Q4 24	152M	+2.5%
Q1 25	142M	-6.9%
Q2 25	148M	+4.5%
Q3 25	153M	+3.3%
Q4 25	154M	+0.4%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$267K	470
FY 15	$355K	699
FY 16	$486K	572
FY 17	$375K	415
FY 18	$305K	409
FY 19	$352K	444
FY 20	$390K	569
FY 21	$535K	876
FY 22	$609K	947
FY 23	$680K	911
FY 24	$738K	905
FY 25	$735K	971

MGNI (Magnite, Inc.) Stock Financials & Earnings | Market Cap Arena