MAGNITE INC (MGNI)
Communication · Ad Tech / Programmatic Advertising Infrastructure · NASDAQ
Magnite operates an independent ad exchange and programmatic platform enabling publishers and advertisers to transact CTV and open web advertising inventory at scale through real-time bidding.
What MAGNITE INC does
Magnite is a software and technology platform company that operates an independent ad exchange for buying and selling advertising inventory, primarily in connected television (CTV) and open web display. The platform enables publishers, advertisers, and other market participants to transact programmatically across digital media channels. Magnite generates revenue by taking a transaction fee or commission on advertising spend flowing through its platform.
Themes: ["Connected TV (CTV) advertising","Programmatic advertising / real-time bidding","Ad tech / digital media infrastructure","Open web display advertising","Supply path optimization","AI in advertising technology","Publisher monetization","Identity solutions"]
Fundamentals
- Price$21.22 as of 2026-07-09 close
- Market cap$3.0B as of 2026-07-10
- 1-year return-10.4% as of 2026-07-09 close
- P/E19.08 as of 2026-07-10
- Net margin+22.0% as of 2026-07-10
- Gross margin+63.4% as of 2026-07-10
- ROE+18.6% as of 2026-07-10
- Debt / equity0.38 as of 2026-07-10
- Revenue growth (YoY)+7.1% as of 2026-07-10
- Revenue CAGR (3y)+7.4% SEC XBRL
- Beta2.29 as of 2026-07-10
Key risks (from latest filing)
["Macroeconomic cycles and advertiser demand volatility directly impact transaction volume and take-rate revenue on the platform","Intense competition from well-capitalized ad tech players, and risk that buyers and sellers bypass the platform to establish direct relationships without using Magnite's intermediary services","Advancements in AI may reduce search referral traffic for open web publishers, decreasing web display inventory available to monetize, while failure to integrate AI features effectively could weaken competitive position"]
Competitors & peers
- The Trade Desk (TTD)
- Google DV360 / Google Ads
- Amazon Ads (parent: Amazon)
- Rubicon Project / Magnite (direct competitors in open web RTB)
- PubMatic (PUBM)
- AppNexus (Xandr, parent: Microsoft)
- OpenX
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.