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Magnite (MGNI) operating margin by quarter

Magnite's operating margin was 24.8% in Q3 2026 (third quarter 2026), +8.6 pts from Q2 2026. Over the last 6 quarters it ranged from 4.7% (Q1 2026) to 25.3% (Q4 2025).

Magnite operating margin by quarterMagnite operating margin by quarter12.7%Q2 202514.0%Q3 202525.3%Q4 20254.7%Q1 202616.2%Q2 202624.8%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202624.8%+8.6 pts+10.8 pts
Q2 202616.2%+11.5 pts+3.5 pts
Q1 20264.7%-20.6 pts—
Q4 202525.3%+11.4 pts—
Q3 202514.0%+1.3 pts—
Q2 202512.7%——

Q3 2026 at a glance

Magnite, Q3 2026: revenue $204M (+14% year over year), operating margin 24.8%, net earnings $34.0M, operating cash flow $103M. The chart follows the revenue to costs, profit and cash.

Questions

What is Magnite's operating margin?

Magnite's operating margin was 24.8% in Q3 2026 (third quarter 2026), +8.6 pts from Q2 2026.

How has Magnite's operating margin changed?

Over the last 6 quarters it ranged from 4.7% (Q1 2026) to 25.3% (Q4 2025).

Q3 2026 results → · How Magnite makes money →