Magnite, Inc. Files Q1 2025 10-Q
Ticker: MGNI · Form: 10-Q · Filed: 2025-05-07T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, reporting
TL;DR
Magnite's Q1 2025 10-Q is in. Check financials for ad-tech performance.
AI Summary
Magnite, Inc. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates for the first quarter of 2025. Key financial figures and business segment information are presented, reflecting the company's ongoing activities in the digital advertising technology space.
Why It Matters
This filing provides investors and analysts with the latest financial performance data for Magnite, Inc., crucial for understanding the company's current health and future prospects in the ad-tech industry.
Risk Assessment
Risk Level: medium — 10-Q filings are standard for public companies, but the specific financial details and market conditions can introduce medium-level risk.
Key Numbers
- 2025 Q1 — Reporting Period (First quarter of 2025)
- 1231 — Fiscal Year End (Company's fiscal year end date)
Key Players & Entities
- MAGNITE, INC. (company) — Filer of the 10-Q
- 20250331 (date) — End of reporting period
- 20250507 (date) — Filing date
- RUBICON PROJECT, INC. (company) — Former company name
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is March 31, 2025.
When was this 10-Q filed with the SEC?
This 10-Q was filed on May 7, 2025.
What was Magnite, Inc.'s former company name?
Magnite, Inc.'s former company name was RUBICON PROJECT, INC.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
What is the SIC code for Magnite, Inc.?
The Standard Industrial Classification code for Magnite, Inc. is 7370, which falls under SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
From the Filing
0001595974-25-000017.txt : 20250507 0001595974-25-000017.hdr.sgml : 20250507 20250507162616 ACCESSION NUMBER: 0001595974-25-000017 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 94 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250507 DATE AS OF CHANGE: 20250507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAGNITE, INC. CENTRAL INDEX KEY: 0001595974 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology EIN: 208881738 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-36384 FILM NUMBER: 25921836 BUSINESS ADDRESS: STREET 1: 1250 BROADWAY STREET 2: 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-243-2769 MAIL ADDRESS: STREET 1: 1250 BROADWAY STREET 2: 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: RUBICON PROJECT, INC. DATE OF NAME CHANGE: 20140106 10-Q 1 mgni-20250331.htm 10-Q mgni-20250331 0001595974 false 2025 Q1 December 31 0.0156539 0.0156539 274 31 84 274 350 149 270 xbrli:shares iso4217:USD iso4217:USD xbrli:shares mgni:segment xbrli:pure mgni:equityInstrument mgni:day 0001595974 2025-01-01 2025-03-31 0001595974 2025-05-01 0001595974 2025-03-31 0001595974 2024-12-31 0001595974 2024-01-01 2024-03-31 0001595974 us-gaap:CommonStockMember 2023-12-31 0001595974 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001595974 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001595974 us-gaap:RetainedEarningsMember 2023-12-31 0001595974 us-gaap:TreasuryStockCommonMember 2023-12-31 0001595974 2023-12-31 0001595974 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001595974 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001595974 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001595974 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001595974 us-gaap:CommonStockMember 2024-03-31 0001595974 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001595974 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001595974 us-gaap:RetainedEarningsMember 2024-03-31 0001595974 us-gaap:TreasuryStockCommonMember 2024-03-31 0001595974 2024-03-31 0001595974 us-gaap:CommonStockMember 2024-12-31 0001595974 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001595974 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001595974 us-gaap:RetainedEarningsMember 2024-12-31 0001595974 us-gaap:TreasuryStockCommonMember 2024-12-31 0001595974 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001595974 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0001595974 us-gaap:TreasuryStockCommonMember 2025-01-01 2025-03-31 0001595974 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-03-31 0001595974 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0001595974 us-gaap:CommonStockMember 2025-03-31 0001595974 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001595974 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0001595974 us-gaap:RetainedEarningsMember 2025-03-31 0001595974 us-gaap:TreasuryStockCommonMember 2025-03-31 0001595974 us-gaap:RestrictedStockUnitsRSUMember 2025-01-01 2025-03-31 0001595974 us-gaap:RestrictedStockUnitsRSUMember 2024-01-01 2024-03-31 0001595974 us-gaap:EmployeeStockOptionMember 2025-01-01 2025-03-31 0001595974 us-gaap:EmployeeStockOptionMember 2024-01-01 2024-03-31 0001595974 us-gaap:PerformanceSharesMember 2025-01-01 2025-03-31 0001595974 us-gaap:PerformanceSharesMember 2024-01-01 2024-03-31 0001595974 us-gaap:EmployeeStockMember 2025-01-01 2025-03-31 0001595974 us-gaap:EmployeeStockMember 2024-01-01 2024-03-31 0001595974 us-gaap:ConvertibleDebtSecuritiesMember 2025-01-01 2025-03-31 0001595974 us-gaap:ConvertibleDebtSecuritiesMember 2024-01-01 2024-03-31 0001595974 mgni:PerformanceSharesGrantedIn2021Member 2025-03-31 0001595974 mgni:PerformanceSharesGrantedIn2023Member 2025-03-31 0001595974 mgni:PerformanceSharesGrant