Magnite Q1 FY26 net income swings to profit; revenue rises 6% to $164.4 million

Magnite, Inc.

Magnite, Inc.

MGNI

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  • Magnite posted Q1 2026 revenue of USD 164.4 million, up 6% year over year, as it returned to profit with net income of USD 4.4 million, or USD 0.03 per diluted share.
  • Adjusted EBITDA climbed 16% to USD 42.9 million, lifting adjusted EBITDA margin 1.4 percentage points to 26.6%.
  • Contribution ex-TAC rose 10% to USD 160.9 million, paced by CTV contribution ex-TAC growth of 30% to USD 82.3 million, now over 50% of total.
  • DV+ contribution ex-TAC fell 5% to USD 78.6 million, while management cited improving trends in mobile app and commerce media partners.
  • For Q2 2026, Magnite forecast contribution ex-TAC of USD 177 million to USD 181 million, including USD 90 million to USD 92 million from CTV.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magnite Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605061605PRIMZONEFULLFEED9714733) on May 06, 2026, and is solely responsible for the information contained therein.

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