Magnite posts transcript of Q2 2026 earnings call
MGNI•Q2 earnings call highlights
Magnite’s Q2 2026 earnings call drew CEO Michael Barrett, retiring CFO David Day, Investor Relations head Nick Kormeluk, and analysts.
- Contribution ex-TAC rose 17% to $190 million; adjusted EBITDA climbed 30% to $71 million, with margin at 37%.
- CTV contribution ex-TAC increased 36% to $97 million; DV+ rose 2% to $93 million, with mobile in-app up 17%.
Q3 outlook and full-year guidance
- Q3 contribution ex-TAC outlook: $188 million-$192 million.
- CTV outlook: $98 million-$100 million.
- DV+ outlook: $90 million-$92 million.
- EBITDA margin outlook: 36%-38%.
Magnite raised its 2026 outlook to contribution ex-TAC growth of 13%-14%, adjusted EBITDA growth above 20%, margin of at least 37%, and free cash flow growth in the high-40% range.
