Filing Flows › Comparisons › MGNI vs GRND
Magnite vs Grindr: MGNI and GRND compared
Magnite is the larger company: $204M of revenue in its latest quarter (Q3 2026) against $141M for Grindr (Q3 2026). Grindr is growing faster (+22% against +14% a year earlier). Magnite is more profitable, with an operating margin of 24.8% against 2.9%.
Where the money goes: MGNI and GRND
Magnite (MGNI) · Q3 2026
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.
Grindr (GRND) · Q3 2026
Grindr, Q3 2026: revenue $141M (+22% year over year), operating margin 2.9%, net loss $6.6M, operating cash flow $51.2M. The chart follows the revenue to costs, profit and cash.
| Magnite (MGNI) | Grindr (GRND) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $204M | $141M |
| Revenue growth, Y/Y | +14% | +22% |
| Operating margin | 24.8% | 2.9% |
| Net earnings | $34.0M | −$6.6M |
| Net margin | 16.7% | -4.7% |
| Operating cash flow | $103M | $51.2M |
| Free cash flow | $93.0M | $50.4M |
| Market value | $3.8B | — |
| P/E | 21.2× | — |
| Analysts’ mean target | $29.67 | — |
Where the revenue comes from
Grindr
- App-based revenue: $118M (83%)
- Advertising revenue: $23.8M (17%)
Questions
Which is bigger, Magnite or Grindr?
Magnite is the larger company: $204M of revenue in its latest quarter (Q3 2026) against $141M for Grindr (Q3 2026).
Is Magnite or Grindr growing faster?
Grindr is growing faster (+22% against +14% a year earlier).
Which is more profitable, Magnite or Grindr?
Magnite is more profitable, with an operating margin of 24.8% against 2.9%.
More: Magnite earnings · how Magnite makes money · Grindr earnings · how Grindr makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Nov 6, 2026). Fiscal quarters can end on different dates. Not investment advice.