Runs a programmatic CTV advertising platform for publishers and advertisers.
Jun 2026Revenue $742M/yrExpenses $626M/yr
Reached break-even Jun 2024
Figures by year
When did Magnite become profitable?
Its revenue passed its expenses in Jun 2024. In the 12 months to Jun 2026, revenue was $742M and expenses $626M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $714M | $616M | $97.6M |
| Dec 2024 | $668M | $617M | $51.1M |
| Dec 2023 | $620M | $775M | −$155M |
| Dec 2022 | $577M | $690M | −$113M |
| Dec 2021 | $468M | $549M | −$81.1M |
| Dec 2020 | $222M | $276M | −$54.2M |
| Dec 2019 | $156M | $184M | −$27.6M |
| Dec 2018 | $125M | $188M | −$63.6M |
| Dec 2017 | $156M | $313M | −$157M |
| Dec 2016 | $278M | $303M | −$24.9M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.