The Tip Desk

MAGNITE, INC.

Company Stats

Market Cap
$3.6B
as of Sep 30, 2026
Enterprise Value
$3.6B
Shares Outstanding
143.4M
Free Float
92.9%

Income Statement

Revenue
$714.0M
Operating Income
$97.6M
Net Income
$144.6M
EBITDA
$151.3M
Revenue Growth, 3Y
7.4%
FCF Margin, 3Y Avg
27.9%
FCF Margin, Worst Year
23.2%

Cash Flow

Free Cash Flow
$165.6M
FCF Yield
4.6%
Owner FCF Yield
2.5%

Balance Sheet

Cash & Equivalents
$553.4M
Total Debt
$565.5M
Net Debt
$12.2M
Net Debt / EBITDA
0.08x
EV / EBITDA
24.03x
Net Debt / EBIT
0.12x

Returns & Capital

Share Repurchases
$46.3M
Buyback Yield, 3Y Avg
0.6%
SBC, 3Y Avg
$75.3M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$714.0M$165.6M23.2%
FY2024$668.2M$202.4M30.3%
FY2023$619.7M$187.6M30.3%
FY2022$577.1M$161.7M28.0%
FY2021$468.4M$108.9M23.2%

Annual filing data through FY ended December 31, 2025; shares and float as of November 1, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage