secwatch.observer — SEC 8-K summary
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Issuer:     MAGNITE, INC. (MGNI)
CIK:        0001595974
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001595974-25-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Magnite Q3 revenue $179.5M (+11% YoY); Contribution ex-TAC beats guidance; CTV up 18%
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- Revenue $179.5M (+11% YoY); Contribution ex-TAC $166.8M (+12%), above guidance $161-165M.
- CTV Contribution ex-TAC $75.8M (+18%/25% ex-political); Q4 CTV guidance $87-89M (+12-14%).
- Net income $20.1M ($0.13 diluted) vs $5.2M ($0.04); Adjusted EBITDA $57.2M (+13%).
- Q4 total Contribution ex-TAC guidance $191-196M (+6-9% total, 13-16% ex-political).
- FY2026 targets: Contribution ex-TAC growth ≥11%, Adj EBITDA margin ≥35%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1595974/000159597425000041/0001595974-25-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1595974/000159597425000041/mgni-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001595974-25-000041

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer