Earnings Releases·Nov 4, 2026, 4:17 PM ET

Magnite — Third Quarter 2026 Earnings Summary

Q3 2026 revenue rose 14% YoY to $204.2 million, while Net Income surged 70% to $34.0 million ($0.23/share) and Adjusted EBITDA increased 46% to $83.4 million (42% margin).
Full-year 2026 guidance was raised across all key metrics, including Contribution ex-TAC growth to ~17%, Adjusted EBITDA growth to ~30%, and Free cash flow growth to >60%.
Full-year 2027 outlook projects top-line growth of >15% (excluding political) and an Adjusted EBITDA margin of at least 38.5%, with CTV and DV+ segments significantly exceeding quarterly expectations.
Capital allocation included $205.1 million in convertible note repayments and $55.6 million in treasury stock purchases, reducing total debt to $349.95 million while maintaining $392.86 million in cash.