MGNIMagnite, Inc.

$2B

Q4 2023 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$187M+6.6% YoY

Gross Profit

$117M62.5% margin

Operating Income

$35M18.8% margin

Net Income

$31M16.5% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

+24.6%

Cash Flow

Operating Cash Flow

$89M

Free Cash Flow

$79M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$2.0B

Stockholders' Equity

$702M

Cash & Equivalents

$326M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$187M	$175M	+6.6%
Gross Profit	$117M	$64M	+81.6%
Operating Income	$35M	-$29M	+223.1%
Net Income	$31M	-$36M	+185.0%

Geographic Segments

UNITED STATES

$139M74%

Non-US

$48M26%

MGNI Q4 2023 Earnings — Magnite, Inc. Revenue & Financial Results | Market Cap Arena