secwatch.observer — SEC 8-K summary
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Issuer:     MAGNITE, INC. (MGNI)
CIK:        0001595974
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001595974-26-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Magnite Q4 revenue $205.4M (+6% YoY); CTV contribution ex-TAC up 20% (32% ex-political)
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- Contribution ex-TAC of $195.1M (+8% YoY, +16% ex-political) at high end of $191-$196M guidance.
- CTV contribution ex-TAC hit $93.6M (+20% YoY, +32% ex-political), above guidance of $87-$89M.
- Net income $123.1M ($0.80 diluted) included $90M one-time tax benefit; adjusted EBITDA $83.8M (43% margin).
- Q1 2026 guidance: contribution ex-TAC $157-$161M; full-year 2026 growth at least 11%, margin >35%.
- Board authorized $200M share buyback program through Feb 2028; $79.2M repurchased in 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1595974/000159597426000010/0001595974-26-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1595974/000159597426000010/mgni-20260225.htm
  HTML page:      https://secwatch.observer/filing/0001595974-26-000010

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