Magnite posted Q2 revenue of $192.8 million, up 11% year-over-year; net income rose to $19.4 million.
Adjusted EBITDA climbed to $70.6 million, up 30% year-over-year; adjusted EBITDA margin widened 3 percentage points to 37%.
Contribution ex-TAC increased to $189.6 million, up 17% year-over-year, led by CTV contribution ex-TAC of $97.1 million, up 36%.
Non-GAAP EPS rose to $0.26 from $0.20 a year earlier; operating cash flow totaled $57.4 million.
Raised full-year 2026 outlook for contribution ex-TAC growth to 13%-14%, adjusted EBITDA growth to greater than 20%, and adjusted EBITDA margin to at least 37%.
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