Company Analysis

Magnite, Inc. (MGNI)

Nasdaq: MGNI · Services-Computer Programming, Data Processing, Etc. · New York, NY · filing with the SEC since 2014
Grade5.6
◀ Past 5.1● Present 6.0▶ Future 5.6

The grade of Magnite, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.6/10
◀ Past5.125% of the headline
● Present6.035% of the headline
▶ Future5.640% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.1/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.5/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2020-05-27.

weight 22% of this tense · 25th percentile among 79 sector filers · read for itself

From the record

Magnite, Inc.'s filings since 2017 show 2 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2020-05-27); an auditor change (8-K item 4.01, the latest 2018-08-23) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.2/10

What has it actually done, year after year?

+28.3% a year over 8 filed years; profitable in 3 of 8.

weight 45% of this tense · 72nd percentile among 70 sector filers · read for its customers

From the record

Magnite, Inc.'s 8 filed years say what it did: revenue went from $125 million in fiscal 2018 to $714 million in fiscal 2025, up 28.3% a year; it rose in 7 of 7 years; it never fell from a peak; net income was positive in 3 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span28.3%top 25% of its family
  • the share of years revenue rosetop 21% of its family
  • the share of filed years with a profittop 44% of its family
  • the deepest fall from a revenue peak0.0%top 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
3.9/10

How has it treated the people who own it?

Share count grew 2.4% a year. 9% of cash flow returned. Insiders: 60 sales, 0 purchases.

weight 33% of this tense · 39th percentile among 41 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Magnite, Inc.'s diluted share count grew about 2.4% a year, and dividends and buybacks returned about 9% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 60 sales (50 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-12 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 48% of its family
  • cash returned against operating cash flowbottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.0/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
4.7/10

Is it financially healthy right now?

ROE 16%: 16¢ of profit per shareholder dollar. Leverage 71%: owes 71¢ per asset dollar.

weight 45% of this tense · 47th percentile among 74 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Magnite, Inc. earned about 16 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 14 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 71 cents per dollar of assets, and net share issuance: its share count grew 1.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 29% of its family
  • return on equitytop 21% of its family
  • gross profit against assetsbottom 26% of its family
  • the share count against the year beforetop 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.4/10

How strong is its position in its industry?

top 36% of 73 in its family; net margin 20.3%.

weight 33% of this tense · 64th percentile among 73 sector filers · read for its customers

From the record

Magnite, Inc.'s standing among 73 graded names in its industry family: revenue of $714 million in fiscal 2025 ranks in the top 40% by size; a net margin of 20.3% ranks in the top 17%; revenue growth of 7.4% a year over the last 3 filed years ranks in the bottom 49% (its annual reports).

What it rests on

  • revenue against the family$714Mtop 40% of its family
  • net margin20.3%top 17% of its family
  • three-year revenue growth7.4%bottom 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
8.0/10

What are the people in charge doing?

top 20% of 34 in its family for leadership; chief executive since 2017.

weight 22% of this tense · 80th percentile among 34 sector filers · read for its shareholders

From the record

Magnite, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Barrett, Michael G. (CEO, as filed), filing under that title since 2017-03-21, 9.6 years (top 23% of its family); the 17 officers and directors filing in the last fifteen months have been on the record a median of 6.6 years (top 23%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 17 people in charge now (top 14%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge4 in three years among 17 peopletop 14% of its family
  • the median years the people in charge have filed6.6 yearstop 23% of its family
  • the chief executive's years on the record9.6 yearstop 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.6/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.3/10

How much room does it have to grow?

top 47% of 71 in its family for room to expand.

weight 22% of this tense · 53rd percentile among 71 sector filers · read for itself

From the record

Magnite, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $553 million against debt of $348 million leaves 6.5% of its assets as net cash, bottom 49% of its family; cash from operations less capital spending is 23.2% of revenue (top 24%); a gross margin of 62.7% (top 45%); research spending of 11.9% of revenue (bottom 31%) (its annual report).

What it rests on

  • cash less debt against assets6.5%bottom 49% of its family
  • cash from operations less capital spending against revenue23.2%top 24% of its family
  • gross margin62.7%top 45% of its family
  • research spending against revenue11.9%bottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.4/10

What could actually drive growth from here?

bottom 44% of 70 in its family for growth drivers.

weight 45% of this tense · 44th percentile among 70 sector filers · read for its customers

From the record

Magnite, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 7.4% a year over the last three filed years against 28.3% over all 8, slowing (bottom 16% of its family); the newest year grew 6.9% (bottom 48%); research spending grew -3.3% a year (bottom 34%); capital spending grew 31.8% a year (top 21%) (its annual reports). Magnite, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-21.0 points a yearbottom 16% of its family
  • the newest year's revenue growth6.9%bottom 48% of its family
  • three-year growth of research spending-3.3%bottom 34% of its family
  • three-year growth of capital spending31.8%top 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.5/10

Did its newest year beat what its own record pointed to?

top 25% of 65 in its family for expectations against reality.

weight 33% of this tense · 75th percentile among 65 sector filers · read for its shareholders

From the record

Magnite, Inc.'s newest year against its own record: revenue of $714 million in fiscal 2025 came in 0.7% below the $719 million its prior three years' pace pointed to (top 50% of its family); net income of $145 million against a prior three-year average of $89 million (top 10%); a net margin of 20.3% against -15% before (top 16%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-0.7%top 50% of its family
  • net income against the prior three years' average+263%top 10% of its family
  • net margin against its prior average+35.2 pointstop 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton MGNI · research, not advice