Filing Flows › Magnite (MGNI) › Q3 2026
Magnite (MGNI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Magnite (MGNI) reported revenue of $204M for the third quarter 2026 (Q3 2026), +14% from a year earlier and +6% from the quarter before. Operating margin was 24.8%, net earnings $34.0M (16.7% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $204M | +6% | +14% |
| Operating profit | $50.5M | +62% | +102% |
| Net earnings | $34.0M | +76% | +70% |
| Operating cash flow | $103M | -45% | +19% |
| Free cash flow | $93.0M | -47% | +36% |
What changed
Revenue was $204.2M in Q3 2026, up 14% year over year and up 6% from the previous quarter.
Operating profit was $50.5M, a 24.8% margin (up 10.8 points year over year). Of the extra revenue versus Q3 2025, 103% reached operating profit, above the 14% margin then. Total costs fell 1% while revenue rose 14%. Net earnings were $34.0M, up 70% year over year. The effective tax rate was 25.4%.
Operating cash flow was $102.9M (up 19% year over year), 303% of net earnings. Non-cash charges added back $13.9M of depreciation and amortization and $16.5M of share-based compensation. Working capital and other items added $38.4M. Capital expenditures of $9.9M left free cash flow of $93.0M.
Questions
What was Magnite's revenue in the third quarter 2026?
Magnite (MGNI) reported revenue of $204M for the third quarter 2026 (Q3 2026), +14% from a year earlier and +6% from the quarter before.
Was Magnite profitable in the third quarter 2026?
Operating profit was $50.5M (24.8% of revenue) and net earnings $34.0M.
Source: Magnite 10-Q on SEC EDGAR.