Magnite Q3 2026 net income jumps 70% year over year to $34 million
MGNI•Magnite reported third-quarter 2026 net income of $34 million, up 70% year over year. Non-GAAP EPS rose 65% to $0.33, and the company raised its full-year growth guidance for non-GAAP contribution ex-TAC to approximately 17% and adjusted EBITDA to approximately 30%.
1. Quarterly results
Magnite’s non-GAAP EPS rose 65% year over year to $0.33. Adjusted EBITDA climbed 46% to $83.4 million, with a 42% margin. Non-GAAP contribution ex-TAC increased 20% to $200.6 million, including a 39% rise in CTV contribution to $105.4 million.
2. Guidance and partnership
Magnite raised its full-year 2026 growth guidance to approximately 17% for non-GAAP contribution ex-TAC and approximately 30% for adjusted EBITDA. Pinterest named Magnite its primary SSP for global Programmatic Deals, integrating display and video inventory into Magnite Orchestration.
