---
schema_version: "secwatch.filing_event.v1"
accession: "0001595974-24-000012"
form_type: "8-K"
ticker: "MGNI"
cik: "0001595974"
company_name: "MAGNITE, INC."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T08:52:23.964217+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Magnite Q4 revenue $186.9M (+7% YoY), net income $30.9M vs loss; guides Q1 contribution ex-TAC $122-126M

## Summary
- Q4 revenue $186.9M, up 7% YoY; Contribution ex-TAC $165.3M, up 6% (exceeded guidance of $158-162M).
- Net income $30.9M ($0.16 diluted EPS) vs net loss of $36.4M in Q4 2022; Adjusted EBITDA $70.4M (43% margin).
- CTV contribution ex-TAC $63.5M, down 2% YoY but above guidance; DV+ contribution ex-TAC $101.8M, up 11%.
- Full-year 2023 Contribution ex-TAC $549.1M (+7% YoY); net loss $159.2M vs $130.3M loss; adjusted EBITDA $171.4M.
- Guides Q1 2024 Contribution ex-TAC $122-126M (CTV $49-51M, DV+ $73-75M); full-year 2024 growth ~10% and margin expansion 100bps.

## SEC filing metadata
- accession: 0001595974-24-000012
- form_type: 8-K
- ticker: MGNI
- cik: 0001595974
- company_name: MAGNITE, INC.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1595974/000159597424000012/0001595974-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1595974/000159597424000012/mgni-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001595974-24-000012
- JSON: https://secwatch.observer/filing/0001595974-24-000012.json
- Plain text: https://secwatch.observer/filing/0001595974-24-000012.txt

## Key facts
- Earnings Releases
  MAGNITE, INC. reported fiscal quarter and year ended December 31, 2023 results: revenue $186.9 million, net income $30.9 million, EPS $0.16 per diluted share.
  - Period: fiscal quarter and year ended December 31, 2023
  - Revenue: $186.9 million
  - Net income: $30.9 million
  - EPS: $0.16 per diluted share
  - Result: reported results
  source text: independent sell-side advertising company, today reported its results of operations for the fourth quarter and year ended December 31, 2023. Recent Highlights: • Revenue of $186.9 million for Q4 2023, up 7% from Q4 2022 • Contribution ex-TAC (1) of $165.3 million for Q4 2023, exceeded guidance of $158 to $162 million, and was up 6% from Q4 2022 • Contribution
  evidence_url: https://www.sec.gov/Archives/edgar/data/1595974/000159597424000012/0001595974-24-000012-index.htm

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