MAGNITE, INC. (MGNI)
About MAGNITE, INC.
Magnite is a supply-side advertising platform that provides technology and yield management solutions to content publishers, enabling them to monetize their digital advertising inventory. Magnite receives a percentage of all advertising inventory that it sells. 43% of Magnite's revenue is derived from connected television, or CTV, streaming platforms, 40% from mobile applications, and the remainder from general websites. Beyond the typical monetization responsibilities inherent to an SSP, Magnite also provides upstream advertising servers to CTV publishers, allowing them to have granular control over direct-sold, programmatic guaranteed, and open-auction logic. Magnite competes with other independent SSPs, supply path optimization solutions, and closed ecosystems like Meta.
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Financial summary
- Revenue FY2025
- $714.0M
- Net income
- $144.6M
- Total assets
- $3.2B
- Market cap
- $2.7B
Source: SEC EDGAR · updated Jun 7, 2026
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $2.7B
- Shares outstanding
- 115.8M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Apr 2, 2014
Magnite, Inc. (MGNI) Stock Price
- Profitable — net income of $144.6M in FY2025.
- Trading 11% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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Magnite, Inc.: frequently asked questions
Is Magnite, Inc. an American company?
Magnite, Inc. is a US-based company headquartered in New York, New York, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Magnite, Inc. headquartered?
Magnite, Inc. is headquartered in New York, New York, United States.
Is Magnite, Inc. publicly traded?
Yes — Magnite, Inc. is a publicly traded company. Its stock trades under the ticker symbol MGNI on the NASDAQ.
What does Magnite, Inc. do?
Magnite, Inc. is an American Software company in the Technology & Electronics sector.
