---
schema_version: "secwatch.filing_event.v1"
accession: "0001595974-21-000053"
form_type: "8-K"
ticker: "MGNI"
cik: "0001595974"
company_name: "MAGNITE, INC."
filed_at: "2021-08-05T23:59:59+00:00"
generated_at: "2026-06-29T21:42:23.198121+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Magnite Q2 revenue $114.5M (+170% YoY); CTV ex-TAC $34.3M (+333%); guides Q3 ex-TAC $112-$116M

## Summary
- Revenue $114.5M, up 170% YoY; Revenue ex-TAC $100.4M, up 139% (79% pro forma).
- CTV revenue ex-TAC $34.3M, up 333% YoY (108% pro forma); SpringServe acquisition closed July 1.
- Net income $36.8M ($0.26 diluted EPS) vs net loss $39.1M in Q2 2020; Adjusted EBITDA $31.8M (32% margin).
- Q3 guidance: Revenue ex-TAC $112M-$116M; CTV ex-TAC $41M-$45M (~50% pro forma growth); Adj EBITDA op ex $77M-$79M.
- Non-GAAP diluted EPS $0.11 vs ($0.10) loss; Operating free cash flow $23.8M.

## SEC filing metadata
- accession: 0001595974-21-000053
- form_type: 8-K
- ticker: MGNI
- cik: 0001595974
- company_name: MAGNITE, INC.
- filed_at: 2021-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1595974/000159597421000053/0001595974-21-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1595974/000159597421000053/mgni-20210805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001595974-21-000053
- JSON: https://secwatch.observer/filing/0001595974-21-000053.json
- Plain text: https://secwatch.observer/filing/0001595974-21-000053.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.