Magnite, Inc. (MGNI)

Magnite Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	685.07	668.17	619.71	577.07	468.41	221.63
Revenue Growth (YoY)	5.52%	7.82%	7.39%	23.20%	111.35%	41.69%
Cost of Revenue	258.08	258.84	409.91	307.17	201.66	77.75
Gross Profit	426.99	409.33	209.8	269.9	266.75	143.88
Selling, General & Admin	264.66	263	263.03	281.46	235.2	129.02
Research & Development	86.4	95.24	94.32	93.76	74.45	51.55
Operating Expenses	351.06	358.25	357.35	375.22	309.64	180.56
Operating Income	75.94	51.09	-147.54	-105.32	-42.89	-36.68
Interest Expense	-22.53	-27.03	-32.37	-29.26	-19.85	-
Interest & Investment Income	-	-	-	-	-	0.05
Currency Exchange Gain (Loss)	-3.88	5.08	-1.95	1.13	1.48	-2.22
Other Non Operating Income (Expenses)	3.05	5.05	5.3	5.32	4.45	3.67
EBT Excluding Unusual Items	52.58	34.19	-176.56	-128.13	-56.81	-35.19
Merger & Restructuring Charges	-	-	-7.47	-7.47	-38.18	-17.55
Other Unusual Items	-2.47	-7.71	26.48	-	-	-
Pretax Income	50.11	26.48	-157.55	-135.6	-94.99	-52.74
Income Tax Expense	6.99	3.7	1.64	-5.27	-95.05	0.69
Net Income	43.13	22.79	-159.18	-130.32	0.07	-53.43
Net Income to Common	43.13	22.79	-159.18	-130.32	0.07	-53.43
Shares Outstanding (Basic)	141	141	137	133	126	97
Shares Outstanding (Diluted)	151	147	137	133	136	97
Shares Change (YoY)	9.05%	7.46%	2.81%	-2.48%	40.91%	83.79%
EPS (Basic)	0.30	0.16	-1.17	-0.98	0.00	-0.55
EPS (Diluted)	0.29	0.16	-1.17	-0.98	0.00	-0.55
Free Cash Flow	182.47	202.39	187.6	161.74	108.89	-26.36
Free Cash Flow Per Share	1.21	1.38	1.37	1.22	0.80	-0.27
Gross Margin	62.33%	61.26%	33.86%	46.77%	56.95%	64.92%
Operating Margin	11.08%	7.65%	-23.81%	-18.25%	-9.16%	-16.55%
Profit Margin	6.30%	3.41%	-25.69%	-22.58%	0.01%	-24.11%
Free Cash Flow Margin	26.64%	30.29%	30.27%	28.03%	23.25%	-11.89%
EBITDA	122.45	97.6	78.98	98.14	94.99	4.27
EBITDA Margin	17.88%	14.61%	12.74%	17.01%	20.28%	1.93%
D&A For EBITDA	46.52	46.51	226.52	203.45	137.89	40.95
EBIT	75.94	51.09	-147.54	-105.32	-42.89	-36.68
EBIT Margin	11.08%	7.65%	-23.81%	-18.25%	-9.16%	-16.55%
Effective Tax Rate	13.94%	13.96%	-	-	-	-

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q