MGNI

Third-quarter contribution ex-TAC rose 20% year-over-year to $201 million. Connected TV contribution ex-TAC grew 39% year-over-year to $105 million.

A record quarter from AppLovin (NASDAQ:APP | APP Price Prediction) is splitting the advertising technology group into clear winners and one notable laggard. AppLovin stock is at $354.35 in morning trading, up 30%.

Magnite, Inc. (MGNI) Q3 2026 Earnings Call Transcript

Contribution ex-TAC (1) Grows 20% Year-Over-Year Contribution ex-TAC (1) from CTV Grows 39% Year-Over-Year Adjusted EBITDA (1) Grows 46% Year-Over-Year Adjusted EBITDA Margin (2) of 42% in Third Quarter NEW YORK, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today reported its results of operations for the quarter ended September 30, 2026. Q3 2026 Highlights: Revenue of $204.2 million, up 14% year-over-year Contribution ex-TAC(1) of $200.6 million, up 20% year-over-year, exceeded the high end of the guidance range of $188 to $192 million Contribution ex-TAC(1) attributable to CTV of $105.4 million, up 39% year-over-year, exceeded the high end of the guidance range of $98 to $100 million Contribution ex-TAC(1) attributable to DV+ of $95.3 million, up 5% year-over-year, exceeded high end of the guidance range of $90 to $92 million Net income of $34.0 million, or $0.23 per diluted share, a 70% increase compared to a net income of $20.1 million, or $0.13 per diluted share for Q3 2025 Adjusted EBITDA(1) of $83.4 million, up 46% year-over-year, representing a 42% Adjusted EBITDA margin(2), compared to Adjusted EBITDA(1) of $57.2 million or a 34% margin in Q3 2025 Non-GAAP earnings per share(1) of $0.33, compared to non-GAAP earnings per share(1) of $0.20 for Q3 2025 Operating cash flow(3) of $68.0 million Q4 2026 Expectations: Total Contribution ex-TAC(1) to be between $227 million and $233 million Contribution ex-TAC(1) attributable to CTV to be between $124 million and $127 million Contribution ex-TAC(1) attributable to DV+ to be between $103 million and $106 million Adjusted EBITDA operating expenses(4) to be between $125 million and $127 million Full-Year 2026 Expectations: Raising total Contribution ex-TAC(1) growth to be approximately 17%, up from 13% to 14% Raising Adjusted EBITDA(1) percentage growth to be approximately 30%, from greater than 20% Raising Adjusted EBITDA margin(2) to be approximately 38.5%, from at least 37% Raising free cash flow(5) growth to be above 60%, from the high 40% range Full-Year 2027 Expectations: Top-line growth, excluding political, accelerating over 2026 Total top-line growth of over 15%, excluding political and not including upside from Google remedies, or 10% on a total reported basis Adjusted EBITDA margin(2) of at least 38.5%  “We delivered a very strong quarter, with the top line growing 20%, driven by CTV growing 39% and DV+ growing 5%, both significantly exceeding expectations.

NEW YORK, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will participate in the following financial conferences: Seaport 4th Annual TMT Conference on Tuesday, November 17th – company management will participate virtually RBC Global Technology, Internet, Media and Telecommunications Conference in New York City on Wednesday, November 18 – company management will participate in a fireside chat at 10:40 a.m ET Stephens Investment Conference in Nashville on Thursday, November 19 Raymond James TMT and Consumer Conference in New York City on Tuesday, December 8 Wells Fargo 10th Annual TMT Summit in Rancho Palos Verdes on Wednesday, December 9 – company management will participate in a fireside chat at 1:30 p.m. PT Susquehanna Technology Select Spotlight Series on Monday, December 14 – company management will participate virtually Needham 29th Annual Growth Conference in New York City on Wednesday, January 13 – company management will participate in a fireside chat with timing to be announced Live webcasts of the RBC, Wells Fargo and Needham fireside chats will be available in the “Events & Presentations” section of Magnite's investor relations website at: https://investor.magnite.com.

TTD expands CTV advertising reach in Italy with Skydance Pause Ads on HBO Max and discovery+, adding premium inventory as international CTV growth accelerates.

NEW YORK, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, and LG Ad Solutions today announced a three-year extension of their partnership, with Magnite's SpringServe continuing as LG Ad Solutions' exclusive CTV video ad server and Magnite as a preferred programmatic partner across North America, APAC, and EMEA. As part of this expanded relationship, LG Ad Solutions is making its Home Screen inventory available for agentic buying through Magnite's Seller Agent, building on the companies' existing programmatic integration.

Reduces Term Loan B Interest Rate by an Additional 50 Basis Points  Generates Approximately $1.8 Million in Annualized Interest Savings NEW YORK, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, today announced the third successful repricing of its $358 million senior secured term loan facility (Term Loan) due February 2031 and the repricing of its $175 million senior secured revolving credit facility (Revolving Credit Facility) that matures in February 2029. The Term Loan repricing reduces the interest rate by 50 basis points to Term SOFR + 2.50% (from Term SOFR + 3.00%).

NEW YORK, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the third quarter ended September 30, 2026 after the market close on Wednesday, November 4, 2026. The Company will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) the same day to discuss its financial results and outlook.

AppLovin is bleeding market value while its closest rivals hold steady and even tick higher, pointing to something specific festering inside the company rather than a broad ad-tech retreat.