---
schema_version: "secwatch.filing_event.v1"
accession: "0001595974-23-000008"
form_type: "8-K"
ticker: "MGNI"
cik: "0001595974"
company_name: "MAGNITE, INC."
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T04:53:23.401838+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Magnite reports record Q4 revenue $175.4M, CTV up 20%; guides Q1 revenue ex-TAC $109-113M

## Summary
- Q4 revenue $175.4M (+9% YoY); revenue ex-TAC $156.6M (+10% YoY).
- CTV revenue ex-TAC $64.6M (+20% YoY) in Q4.
- Net loss $36.4M vs net income $0.5M in Q4 2021; adjusted EBITDA $64.2M (-5% YoY).
- Q1 2023 guidance: revenue ex-TAC $109-113M; CTV $42.5-44.5M.
- Full-year 2023: adjusted EBITDA flat vs 2022; free cash flow over $100M.

## SEC filing metadata
- accession: 0001595974-23-000008
- form_type: 8-K
- ticker: MGNI
- cik: 0001595974
- company_name: MAGNITE, INC.
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1595974/000159597423000008/0001595974-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1595974/000159597423000008/mgni-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001595974-23-000008
- JSON: https://secwatch.observer/filing/0001595974-23-000008.json
- Plain text: https://secwatch.observer/filing/0001595974-23-000008.txt

## Key facts
- Earnings Releases
  MAGNITE, INC. reported the fourth quarter ended December 31, 2022 results: revenue $175.4 million, net income ($36.4), EPS ($0.27).
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $175.4 million
  - Net income: ($36.4)
  - EPS: ($0.27)
  - Result: reported results
  source text: Revenue of $175.4 million for Q4 2022, up 9% from Q4 2021 • Revenue ex-TAC (1) of $156.6 million for Q4 2022, up 10% from Q4 2021 • Revenue ex-TAC (1) attributable to CTV for Q4 2022 was $64.6 million, up 20% year-over-year • Net loss for Q4 2022 of $36.4 million, for a loss per share of $0.27, compared to net income of $0.5 million, or break even diluted earnings per share for the fourth quarter of 2021 • Adjusted EBITDA (1) of $64.2 million in Q4 2022 representing a 41% Adjusted EBITDA margin (3) , compared to Adjusted EBITDA of $67.5 million for the fourth quarter of 2021 • Non-GAAP diluted earnings per share (1) of $0.24 for Q4 2022, compared to $0.26 non-GAAP diluted earnings per share for the fourth quarter of 2021 • Operating cash flow (4) in Q4 2022 was $56.9 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1595974/000159597423000008/0001595974-23-000008-index.htm

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