MAGNITE, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $714.0M | $668.2M | $619.7M | $577.1M | $468.4M |
| Cost of revenue | $266.6M | $258.8M | $409.9M | $307.2M | $201.7M |
| Research and development | $84.7M | $95.2M | $94.3M | $93.8M | $74.4M |
| Operating income | $97.6M | $51.1M | -$155.0M | -$112.8M | -$81.1M |
| Interest expense | $18.9M | $27.0M | $32.4M | $29.3M | — |
| Pretax income | $70.6M | $26.5M | -$157.5M | -$135.6M | -$95.0M |
| Income tax expense | -$74.0M | $3.7M | $1.6M | -$5.3M | -$95.1M |
| Net income | $144.6M | $22.8M | -$159.2M | -$130.3M | $65,000 |
| Balance Sheet | |||||
| Cash and equivalents | $553.4M | $483.2M | $326.2M | $326.3M | $230.4M |
| Current assets | $1.9B | $1.7B | $1.5B | $1.3B | $1.2B |
| Total assets | $3.2B | $2.9B | $2.7B | $2.7B | $2.7B |
| Current liabilities | $1.8B | $1.5B | $1.4B | $1.1B | $1.0B |
| Total liabilities | $2.2B | $2.1B | $2.0B | $1.9B | $1.8B |
| Total debt | $565.5M | $568.2M | $556.1M | — | — |
| Stockholders' equity | $922.4M | $768.2M | $701.7M | $791.3M | $880.8M |
| Cash Flow Statement | |||||
| Cash from operations | $236.2M | $235.2M | $214.4M | $192.6M | $126.6M |
| Depreciation and amortization | $53.7M | $58.5M | $240.8M | $216.1M | $146.9M |
| Stock-based compensation | $76.6M | $76.5M | $72.6M | $64.1M | $40.7M |
| Capital expenditure | $70.5M | $32.8M | $26.8M | $30.8M | $17.7M |
| Free cash flow | $165.6M | $202.4M | $187.6M | $161.7M | $108.9M |
| Share repurchases | $46.3M | $14.6M | $0 | $15.7M | $6.0M |
| Impairments | — | $0 | $500,000 | $0 | $0 |
Shares outstanding 143.2M · Free float 92.9%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.