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Magnite Inc (Magnite) is an advertising technology company that provides online advertising solutions. The company offers ad network optimization services and ad quality protection programs. In addition, it provides solutions to stop unwanted ads in tracks by protecting web publishers. It also offers tools for workflow, yield management, and ad monetization, ensuring a TV-like ad experience for viewers. The company’s platform serves both sellers, such as CTV channels and digital media properties, and buyers, including advertisers and agencies, facilitating intelligent decision-making and automated transactions. It operates offices across North America, EMEA, LATAM, and APAC. Magnite is headquartered in Los Angeles, California, the US.
Headquarters
United States of America
Address
1250 Broadway, 9th Floor, New York, 10001
Website
www.magnite.com
Telephone
1 212 2432769
No of Employees
971
Industry
Media
Ticker Symbol & Exchange
MGNI (NASD)
Revenue (2024)
$714.0M
6.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
534.7%
(2024 vs 2023)
Market Cap*
$2.0B
Net Profit Margin (2024)
XYZ
494.1%
(2024 vs 2023)
* As of and is in US$
Magnite Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Online Advertising Solutions | ClearLine |
| Advertising Platform | SpringServe |
| Steaming Platform | Magnite |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In November, the company launched Live Scheduler. |
| 2025 | New Products/Services | In October, the company and ITN launched LocalLinear TV Private Marketplace. |
| 2025 | Acquisitions/Mergers/Takeovers | In September, the company acquired streamr.ai. |
Competitor Comparison
| Key Parameters | Magnite Inc | Amazon.com Inc | Google LLC | Microsoft Corp | Meta Platforms Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | New York | Seattle | Mountain View | Redmond | Menlo Park |
| State/Province | New York | Washington | California | Washington | California |
| No. of Employees | 971 | 1,575,000 | - | 228,000 | 78,865 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Paul Caine | Chairman | Executive Board | 2020 | 60 |
| Michael Barrett | Chief Executive Officer; Director | Executive Board | 2017 | 62 |
| David Day | Chief Financial Officer | Senior Management | 2023 | 63 |
| Brian Gephart | Chief Accounting Officer | Senior Management | 2021 | 46 |
| Erik Hovanec | Chief Strategy Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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