Magnite — Third Quarter 2026 Earnings Summary

Magnite reported third-quarter 2026 revenue of $204.2 million, representing a 14% year-over-year increase, while contribution ex-TAC grew 20% to $200.6 million. The company achieved an adjusted EBITDA of $83.4 million, marking a 46% year-over-year growth and a 42% margin, driven by a 39% surge in CTV contribution. Net income for the quarter reached $34.0 million, or $0.23 per diluted share, a 70% increase compared to the prior year period. Based on these results, Magnite raised its full-year 2026 guidance for contribution ex-TAC growth to approximately 17% and adjusted EBITDA margin to roughly 38.5%.