Magnite, Inc. (MGNI)
Communication Services ยท Services-Computer Programming, Data Processing, Etc.
Magnite, Inc. (MGNI) is listed on Nasdaq, where its shares have traded since April 2, 2014. SentiSense covers Magnite, Inc. in the Communication Services sector, and its Standard Industrial Classification is Services-Computer Programming, Data Processing, Etc.. Michael Barrett is its chief executive officer. The company reports 971 employees, and its corporate website is www.magnite.com.
About Magnite, Inc.
Magnite is a supply-side advertising platform that provides technology and yield management solutions to content publishers, enabling them to monetize their digital advertising inventory. Magnite receives a percentage of all advertising inventory that it sells. 43% of Magnite's revenue is derived from connected television, or CTV, streaming platforms, 40% from mobile applications, and the remainder from general websites. Beyond the typical monetization responsibilities inherent to an SSP, Magnite also provides upstream advertising servers to CTV publishers, allowing them to have granular control over direct-sold, programmatic guaranteed, and open-auction logic. Magnite competes with other independent SSPs, supply path optimization solutions, and closed ecosystems like Meta.
Latest reported results
Magnite, Inc. reported revenue of $204.2 million for Q3 FY2026, up 13.8% from the same period a year earlier.
Institutional ownership
In 13F filings for the quarter ended June 30, 2026, 297 institutions reported holding MGNI, with 141.1 million shares worth $2.7 billion in aggregate. The largest reported holders were Vanguard, BlackRock and FMR. Of the 5 largest reported holders, 4 added shares and 1 reduced its position during the quarter.
More on MGNI
- MGNI sentiment: whether news and social coverage of Magnite, Inc. leans bullish or bearish, and the stories driving it.
- MGNI ownership: all 297 reporting institutions, plus insider and congressional trades.
- MGNI financials: revenue, net income, operating margin and free cash flow through Q3 FY2026.
Frequently asked questions
What does Magnite, Inc. do?
Magnite is a supply-side advertising platform that provides technology and yield management solutions to content publishers, enabling them to monetize their digital advertising inventory.
What sector is MGNI in?
SentiSense classifies Magnite, Inc. in the Communication Services sector, and its Standard Industrial Classification is Services-Computer Programming, Data Processing, Etc..
Where does MGNI stock trade?
Magnite, Inc. (MGNI) is listed on Nasdaq, where its shares have traded since April 2, 2014.
Who is the CEO of Magnite, Inc.?
Michael Barrett is the chief executive officer of Magnite, Inc..