earnings
confidence high
sentiment positive
materiality 0.75
Magnite Q1 contribution ex-TAC up 10% to $160.9M; CTV surges 30%; raises FY margin and FCF guidance
MAGNITE, INC.
2026-Q1 EPS reported
$0.03
revenue$164,371,000
- Revenue $164.4M (+6% YoY); net income $4.4M ($0.03 diluted) vs loss of $9.6M in Q1 2025.
- CTV contribution ex-TAC $82.3M (+30% YoY), now >50% of total; DV+ contribution $78.6M (-5% YoY).
- Adjusted EBITDA $42.9M (+16% YoY), margin 27%; non-GAAP EPS $0.13 vs $0.12 a year ago.
- Q2 total contribution ex-TAC guidance $177M-$181M; CTV contribution $90M-$92M.
- Full-year: reaffirms contribution ex-TAC growth ≥11%; raises EBITDA margin target to ≥35.5% and FCF growth to mid-30% range.