Filing Flows › Magnite (MGNI) › Q3 2026 › vs Q2 2026
Magnite (MGNI) Q3 2026 vs Q2 2026 (quarter over quarter)
Magnite's revenue rose $11.4M (+6%) from $193M in Q2 2026 to $204M in Q3 2026. Operating margin 24.8% against 16.2% (+8.6 pts).
Magnite, Q3 2026: revenue $204M (+14% year over year), operating margin 24.8%, net earnings $34.0M, operating cash flow $103M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 24.8% | 16.2% | +8.6 pts |
| Net margin | 16.7% | 10.0% | +6.6 pts |
| Free cash flow margin | 45.5% | 90.5% | -45.0 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $204M | $193M | $11.4M | +6% |
| Operating profit | $50.5M | $31.2M | $19.3M | +62% |
| Costs & expenses | $154M | $162M | −$7.9M | -5% |
| Pre-tax earnings | $45.6M | $25.5M | $20.0M | +78% |
| Other expense, net | $5.0M | $5.7M | −$711K | -13% |
| Cost of revenue | $64.0M | $62.0M | $2.0M | +3% |
| Research & development | $21.4M | $24.1M | −$2.8M | -11% |
| Sales & marketing | $42.1M | $47.0M | −$4.9M | -11% |
| General & admin | $26.2M | $28.4M | −$2.2M | -8% |
| Net earnings | $34.0M | $19.4M | $14.6M | +76% |
| Income tax | $11.6M | $6.2M | $5.4M | +87% |
| Depreciation & amortization | $13.9M | $14.6M | −$611K | -4% |
| Share-based compensation | $16.5M | $19.6M | −$3.1M | -16% |
| Working capital & other | $38.4M | $133M | −$94.6M | -71% |
| Operating cash flow | $103M | $187M | −$83.7M | -45% |
| Free cash flow (OCF − capex) | $93.0M | $174M | −$81.5M | -47% |
| Capital expenditures | $9.9M | $12.1M | −$2.2M | -18% |
Questions
How much did Magnite's revenue grow quarter over quarter in Q3 2026?
Magnite's revenue rose $11.4M (+6%) from $193M in Q2 2026 to $204M in Q3 2026. Operating margin 24.8% against 16.2% (+8.6 pts).