secwatch.observer — SEC 8-K summary
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Issuer:     MAGNITE, INC. (MGNI)
CIK:        0001595974
Form:       8-K
Filed at:   2026-08-05T20:07:36+00:00
Accession:  0001628280-26-053334
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Magnite Q2 beats: Contribution ex-TAC up 17% YoY; CTV up 36%; raises FY guidance
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- Revenue $192.8M (+11% YoY); Contribution ex-TAC $189.6M (+17%), above guidance of $177-181M.
- CTV Contribution ex-TAC $97.1M (+36% YoY), above $90-92M guidance; DV+ $92.5M (+2%).
- Net income $19.4M ($0.13 diluted EPS) vs $11.1M ($0.08) a year ago; Adjusted EBITDA $70.6M (+30%), margin 37%.
- Q3 2026 guidance: total Contribution ex-TAC $188-192M; CTV $98-100M; DV+ $90-92M.
- FY 2026 raised: Contribution ex-TAC growth 13-14% (from at least 11%); Adj. EBITDA margin at least 37% (from 35.5%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1595974/000162828026053334/0001628280-26-053334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1595974/000162828026053334/mgni-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-053334

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