29.04
+6.02%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Magnite
From its filings with the US Securities and Exchange Commission
Magnite is based in New York, New York and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker MGNI. The SEC classifies its business as computer programming, data processing, etc.. In the fiscal year to 31 December 2025, it reported revenue of $714.0m and net income of $144.6m. At that date it held total assets of $3.16bn and shareholders' equity of $922.4m. By region, United States accounted for 75.3%, followed by International at 24.7%.
Magnite, Inc., ("we," or "us"), provides technology solutions to automate the purchase and sale of digital advertising inventory.
We believe that we are the world's largest independent omni-channel sell-side advertising platform ("SSP"), offering a single partner for transacting globally across all channels, formats and auction types, and the largest independent programmatic CTV marketplace, making it easier for buyers to reach CTV audiences at scale from industry-leading streaming content providers, broadcasters, platforms and device manufacturers.
Our platform features applications and services for sellers of digital advertising inventory, or publishers, that own and operate CTV channels, applications, websites and other digital media properties, to manage and monetize their inventory; applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms ("DSPs"), to buy digital advertising inventory; and a transparent, independent marketplace that brings buyers and sellers together and facilitates intelligent decision making and automated transaction execution at scale. Our clients include many of the world’s leading buyers and sellers of digital advertising inventory. Our platform processes trillions of ad requests per month, allowing buyers access to a global, scaled, independent alternative to "walled gardens," who both own and sell inventory and maintain control on the demand side.
Quoted from its 10-K, filed 25 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Communication Services
- Industry
- Media
- Listed since
- 4 Feb 2014
- Employees
- 971
- Website
- magnite.com ↗
- Head office
- 1250 BROADWAY, NEW YORK, NY
- Incorporated in
- DE
- Classification
- Services-Computer Programming, Data Processing, Etc.
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Paul CaineIndependent Chairman of the Board$319,885
- Mr. Michael BarrettPresident, Chief Executive Officer, Director, since 2017$5.2m
- Mr. David DayChief Financial Officer$3.2m
- Mr. Sean BuckleyPresident - Revenue$3.1m
- Ms. Katie EvansPresident - Operations$2.4m
- Mr. David BuonaseraChief Technology Officer
- Mr. Brian GephartChief Accounting Officer
- Mr. Aaron SaltzChief Legal Officer
- Mr. Adam SorocaChief Product Officer$2.4m
- Ms. Sarah HardenIndependent Director$252,385
- Mr. Doug KnopperIndependent Director$264,885
- Ms. Rachel LamIndependent Director$261,885
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 47
- Environment
- 25
- Social
- 44
- Governance
- 71
- Carbon reduction policy
- Yes
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Magnite Inc has developed a strong reputation in the industry due to its high-quality products and services. Its market presence is significant, with a large customer base and partnerships with leading brands.
- Magnite Inc continuously invests in research and development, enabling the company to stay at the forefront of technological advancements. Its innovative solutions provide a competitive edge and attract new customers.
- The company offers a wide range of products catering to diverse customer needs. This product diversity allows Magnite Inc to tap into different market segments and mitigate risks associated with dependency on a single product.
Weaknesses
- Magnite Inc heavily relies on the advertising industry for its revenue. Any fluctuations or downturns in the industry can significantly impact the company's financial performance.
- The digital advertising sector is highly competitive, with numerous established players and new entrants. Magnite Inc faces intense competition, which may affect its market share and pricing power.
Opportunities
- With the increasing shift towards digital advertising, Magnite Inc has an opportunity to capitalize on the growing market. By leveraging its expertise and expanding its product offerings, the company can attract more customers and increase its revenue.
- Magnite Inc has the potential to expand its operations into international markets to diversify its revenue streams. Emerging markets with a growing digital advertising industry present significant opportunities for the company's expansion.
Threats
- The digital advertising industry is subject to increasing regulatory scrutiny and privacy concerns. Compliance with stringent regulations and addressing privacy issues poses challenges and may impact Magnite Inc's operations and revenue.
- During economic downturns, companies often reduce their advertising budgets, affecting Magnite Inc's revenue. Economic uncertainties and recessions pose a threat to the company's financial stability.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.