Magnite, Inc. Reports Strong Q1 2025 Results

Magnite, Inc. ( (MGNI) ) has released its Q1 earnings. Here is a breakdown of the information Magnite, Inc. presented to its investors.

Magnite, Inc. is the world’s largest independent sell-side advertising company, providing technology for publishers to monetize content across various formats including CTV, online video, display, and audio. Anchored in major cities globally, Magnite facilitates billions of advertising transactions each month.

In its first quarter of 2025, Magnite reported a revenue increase of 4% year-over-year to $155.8 million, with a notable 12% rise in Contribution ex-TAC and a 47% increase in Adjusted EBITDA. The company also reduced its net loss significantly compared to the previous year.

Key financial highlights include a Contribution ex-TAC of $145.8 million, driven by a 15% growth in CTV and a 9% growth in DV+. Adjusted EBITDA reached $36.8 million, representing a 25% margin, while non-GAAP earnings per share improved to $0.12 from $0.05 in the previous year.

Looking ahead, Magnite projects its Contribution ex-TAC for the second quarter to range between $154 million and $160 million, with continued growth expected in CTV and DV+. However, the company remains cautious due to tariff-driven economic uncertainties.

Magnite’s management remains optimistic about the potential for increased market share and monetization opportunities, particularly in light of recent antitrust rulings against Google, which could reshape the competitive landscape in the advertising industry.