MAGNITE, INC.
Close on Oct 19, 2026
- Market cap
- $3.47B
- P/E (TTM)
- 22.4
- Dividend yield
- –
About Magnite
Services-Computer Programming, Data Processing, Etc., SIC 7370
Magnite, Inc. operates an independent omni-channel sell-side advertising platform that automates the purchase and sale of digital advertising inventory across connected television, mobile, and desktop environments. The company categorizes its operations into connected television and DV+ channels, which include mobile and desktop platforms supporting video, display, and audio formats. Core product offerings feature the SpringServe platform for connected television ad serving, mediation, and ad podding, as well as ClearLine and the Curator Marketplace for buyer curation and custom deal structuring. Magnite serves inventory sellers, such as streaming publishers, digital broadcasters, and device manufacturers, alongside buyers consisting of advertisers, advertising agencies, agency trading desks, and demand-side platforms.
The enterprise conducts operations globally with an established presence in North America, Australia, and Europe, as well as developing operations in Asia and South America. In addition to the United States, the business maintains staff and operations in countries including Australia, Brazil, Canada, France, Germany, India, Italy, Japan, New Zealand, Singapore, Sweden, and the United Kingdom. Its technical footprint spans on-premises data centers in the United States, Europe, and Asia, supplemented by cloud infrastructure. As of December 31, 2025, the company had 971 full-time employees. The provided text does not state the location of the company's headquarters.
Summary of the business section of Magnite's latest annual report, written by StockData.
Company profile
Company
- Legal name
- MAGNITE, INC.
- Founded
- 2007
- Headquarters
- New York, NY
- Address
- 1250 Broadway, 9th Floor
- Phone
- (212) 243-2769
- Website
- www.magnite.com
- Employees
- 971, Dec 31, 2025
- Industry
- Services-Computer Programming, Data Processing, Etc.
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, Los Angeles, California
Stock & identifiers
- Ticker
- MGNI
- Exchange
- Nasdaq
- IPO date
- Apr 3, 2014
- Shares outstanding
- 143M, Jul 29, 2026
- Public float
- $2.05B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1595974
- CUSIP
- 55955D100
- ISIN
- US55955D1000
- LEI
- 54930018FR2YX1HHSB02
- EIN
- 20-8881738
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michael G. Barrett | CEO, Director | 399,983 |
| David Buonasera | CHIEF TECHNOLOGY OFFICER | 245,155 |
| Aaron Saltz | CHIEF LEGAL OFFICER | 224,389 |
| Katie Seitz Evans | See Remarks | 441,800 |
| Sean Patrick Buckley | See Remarks | 293,060 |
| Brian Gephart | CHIEF ACCOUNTING OFFICER | 102,328 |
| David Day | CHIEF FINANCIAL OFFICER | 452,861 |
| Adam Lee Soroca | CHIEF PRODUCT OFFICER | 388,425 |
| Paul Caine | Director | 137,401 |
| Douglas S. Knopper | Director | 51,136 |
| Robert F. Spillane | Director | 57,715 |
| Sarah Patricia Harden | Director | 114,751 |
| Rachel Lam | Director | 230,620 |
| David T. Pearson | Director | 79,001 |
| James Rossman | Director | 107,477 |
| Diane Yu | Director | 81,279 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Barrett | $5.84M | $6.13M | $3.77M | $53 | $64 |
| FY2024 Mr. Barrett | $5.25M | $13.02M | $2.76M | $52 | $57 |
| FY2023 Mr. Barrett | $5.64M | $2.46M | $2.92M | $30 | $56 |
| FY2022 Mr Barrett | $6.13M | -$3.53M | $3.61M | $34 | $40 |
| FY2022 Mr. Barrett | $6.13M | -$3.53M | $3.61M | $34 | $40 |
| FY2021 Mr Barrett | $18.29M | -$31.01K | $7.11M | $57 | $93 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 971 full-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Apr 30, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 30, 2020 | Name change | Name changed from RUBICON PROJECT, INC. to MAGNITE, INC. |
| Jun 8, 2020 | Delisting | Notice of delisting from exchange (Form 25) |
| Jun 8, 2020 | Listing | Registration of securities on an exchange (Form 8-A) |
| May 27, 2020 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Apr 1, 2020 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 30, 2020 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Aug 23, 2018 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Apr 27, 2015 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 17, 2014 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 3, 2014 | IPO | Initial public offering priced (424B4 prospectus) |
| Mar 28, 2014 | Listing | Registration of securities on an exchange (Form 8-A) |