StocksMedium•4 November 2026•
1 min read
Magnite Reports $204.2 Million Q3 Revenue and Raises Full-Year 2026 Guidance
Key Facts
1Magnite reported Q3 revenue of $204.2 million, a 14% increase year-over-year.
2Contribution ex-TAC reached $200.6 million, exceeding the high end of the guidance range.
3The company raised its full-year 2026 total Contribution ex-TAC growth guidance to approximately 17%.
Magnite reported Q3 2026 revenue of $204.2 million, marking a 14% increase year-over-year according to a company statement released via GlobeNewswire. Contribution ex-TAC reached $200.6 million, exceeding the high end of the guidance range, primarily driven by a 39% year-over-year increase in Connected TV (CTV) contribution.
The company raised its full-year 2026 total Contribution ex-TAC growth guidance to approximately 17% following the beat across key metrics. In equity markets, MGNI closed at $22.34 on November 3, 2026, having traded between a day high of $22.43 and a low of $21.43 during that session.