Magnite Inc

MGNI: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Magnite Earnings: Strong Results on Connected TV Growth and Operating Leverage

Matthew Dolgin, Robert Leary

Nov 5, 2026

Magnite delivered strong third-quarter results, with sales excluding traffic acquisition costs up 20% year over year, led by 39% growth from connected TV. The adjusted EBITDA margin expanded by eight percentage points, and management raised its 2026 outlook.

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Magnite Inc

Magnite Earnings: Strong Results on Connected TV Growth and Operating Leverage

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