Magnite Q2 FY26 net income rises 75% to $19.4 million; revenue increases 11% to $192.8 million

Reuters2026/08/05 20:41

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Magnite posted Q2 revenue of USD 192.8 million, up 11% year-over-year; net income rose to USD 19.4 million.
Adjusted EBITDA climbed to USD 70.6 million, up 30% year-over-year; adjusted EBITDA margin widened 3 percentage points to 37%.
Contribution ex-TAC increased to USD 189.6 million, up 17% year-over-year, led by CTV contribution ex-TAC of USD 97.1 million, up 36%.
Non-GAAP EPS rose to USD 0.26 from USD 0.20 a year earlier; operating cash flow totaled USD 57.4 million.
Raised full-year 2026 outlook for contribution ex-TAC growth to 13%-14%, adjusted EBITDA growth to greater than 20%, adjusted EBITDA margin to at least 37%.

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: 202608051605PRIMZONEFULLFEED9804508) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Magnite Q2 FY26 net income rises 75% to $19.4 million; revenue increases 11% to $192.8 million

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