MAGNITE, INC. (MGNI) FY2025 10-K Annual Report

Filed: Feb 25, 2026
Information Technology
Services-Computer Programming, Data Processing, Etc.SEC EDGAR

MAGNITE, INC. (MGNI) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 25, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

MAGNITE, INC. FY2025 10-K Analysis

Business Overview

  • Core business: independent programmatic connected TV (CTV) advertising platform combining supply side platform (SSP) and ad server for full-stack video ad management
  • New product: April 2025 launch of next generation SpringServe CTV platform integrating SSP and ad server with single user interface
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Management Discussion & Analysis

  • No revenue or profitability figures disclosed; focus on contingencies and stockholder matters only
  • Share repurchase program: $1.5M shares bought at avg $15.60 in Q4 2025, $64.1M remaining authorization
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Risk Factors

  • Regulatory risk linked to Convertible Senior Notes maturity March 15, 2026 with $204.8M outstanding, potential cash/share payments if stock price exceeds $91.26
  • Macroeconomic exposure through cash flow timing variability impacted by capital market disruptions and financial institution instability
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MAGNITE, INC. FY2025 Key Financial Metrics
XBRL

Revenue

$714M

+6.9% YoY

Net Income

$145M

+534.7% YoY

Operating Margin

13.7%

+602bp YoY

Net Margin

20.3%

+1685bp YoY

ROE

15.7%

+1271bp YoY

Total Assets

$3.2B

+10.8% YoY

EPS (Diluted)

$0.95

+493.7% YoY

Operating Cash Flow

$236M

+0.4% YoY

Source: XBRL data from MAGNITE, INC. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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