Filing Flows › Magnite (MGNI) › Q3 2026 › vs Q3 2025
Magnite (MGNI) Q3 2026 vs Q3 2025 (year over year)
Magnite's revenue rose $24.7M (+14%) from $179M in Q3 2025 to $204M in Q3 2026. Operating margin 24.8% against 14.0% (+10.8 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 24.8% | 14.0% | +10.8 pts |
| Net margin | 16.7% | 11.2% | +5.5 pts |
| Free cash flow margin | 45.5% | 38.1% | +7.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $204M | $179M | $24.7M | +14% |
| Operating profit | $50.5M | $25.0M | $25.5M | +102% |
| Costs & expenses | $154M | $154M | −$797K | -0.5% |
| Pre-tax earnings | $45.6M | $20.9M | $24.6M | +118% |
| Other expense, net | $5.0M | $4.1M | $866K | +21% |
| Cost of revenue | $64.0M | $69.4M | −$5.3M | -8% |
| Research & development | $21.4M | $20.2M | $1.2M | +6% |
| Sales & marketing | $42.1M | $40.3M | $1.7M | +4% |
| General & admin | $26.2M | $24.6M | $1.7M | +7% |
| Net earnings | $34.0M | $20.1M | $13.9M | +70% |
| Income tax | $11.6M | $885K | $10.7M | 13× |
| Depreciation & amortization | $13.9M | $12.3M | $1.6M | +13% |
| Share-based compensation | $16.5M | $18.0M | −$1.6M | -9% |
| Working capital & other | $38.4M | $36.2M | $2.2M | +6% |
| Operating cash flow | $103M | $86.6M | $16.3M | +19% |
| Free cash flow (OCF − capex) | $93.0M | $68.4M | $24.6M | +36% |
| Capital expenditures | $9.9M | $18.2M | −$8.3M | -46% |
Questions
How much did Magnite's revenue grow year over year in Q3 2026?
Magnite's revenue rose $24.7M (+14%) from $179M in Q3 2025 to $204M in Q3 2026. Operating margin 24.8% against 14.0% (+10.8 pts).