Magnite operates an independent omni-channel sell-side advertising platform that connects publishers and advertisers in digital media markets. The company provides a marketplace and technology infrastructure enabling publishers—including CTV channels, applications, websites, and other digital media properties—to manage and monetize their advertising inventory. On the demand side, the platform serves advertisers, agencies, agency trading desks, and demand-side platforms seeking to purchase digital advertising inventory. The company generates revenue primarily through transaction fees and services related to facilitating these buy-sell interactions across display, video, and connected television advertising formats.
The platform operates as an independent marketplace that aggregates both supply and demand, positioning itself between publishers and buyers rather than competing directly as a publisher or advertiser. Magnite markets its solutions through dedicated sales teams across multiple geographic locations. The company maintains significant international operations alongside its United States presence. With approximately 971 full-time employees, Magnite serves a broad customer base spanning publishers of varying sizes and advertising buyers ranging from individual agencies to large holding companies.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $0.95 | $1.01 | +493.7% | |
| 2024 | $0.16 | $0.16 | +113.7% | |
| 2023 | $-1.17 | $-1.17 | -19.4% | |
| 2022 | $-0.98 | $-0.98 | — | |
| 2021 | $0.00 | $0.00 | -100.0% | |
| 2020 | $0.05 | $0.05 | +66.7% | |
| 2019 | $0.03 | $0.03 | +106.3% | |
| 2017 | $-0.48 | $-0.48 | -23.1% | |
| 2016 | $-0.39 | $-0.39 | -4000.0% | |
| 2015 | $0.01 | $0.01 | — | |
| 2014 | — | — | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-25 | 0001595974-26-000007 | SEC ↗ |
| 2024-12-31 | 2025-02-26 | 0001595974-25-000008 | SEC ↗ |
| 2023-12-31 | 2024-02-28 | 0001595974-24-000014 | SEC ↗ |
| 2022-12-31 | 2023-02-22 | 0001595974-23-000010 | SEC ↗ |
| 2021-12-31 | 2022-02-23 | 0001595974-22-000010 | SEC ↗ |
| 2020-12-31 | 2021-02-25 | 0001595974-21-000016 | SEC ↗ |
| 2019-12-31 | 2020-02-27 | 0001595974-20-000026 | SEC ↗ |
| 2018-12-31 | 2019-02-27 | 0001595974-19-000043 | SEC ↗ |
| 2017-12-31 | 2018-03-15 | 0001595974-18-000020 | SEC ↗ |
| 2016-12-31 | 2017-03-15 | 0001628280-17-002588 | SEC ↗ |