Magnite (MGNI) Tax Provisions (2013 - 2026)
Magnite (MGNI) posted Tax Provisions of $6.2 million for Q2 2026, up 985.71% on a QoQ basis from -$700000.0 in Q1 2026, and up 520.0% year-over-year from $1.0 million in Q2 2025.
Analysis
Magnite (MGNI) Tax Provisions (2013 - 2026) Analysis & Trends
Magnite has reported Tax Provisions for 14 years, with the latest figure at $6.2 million in Q2 2026.
- On a quarterly basis, Tax Provisions rose 520.0% year-over-year to $6.2 million in Q2 2026; TTM through Jun 2026 was -$68.6 million, a 1075.96% decrease from a year earlier, with the FY2025 full-year figure at -$74.0 million, down 2100.0% from the prior year.
- Tax Provisions was $6.2 million for Q2 2026 at Magnite, up from -$700000.0 in the prior quarter.
- The five-year high for Tax Provisions was $6.2 million in Q2 2026, with the low at -$75.0 million in Q4 2025.
- Average Tax Provisions over 5 years is -$3.8 million, with a median of -$206500.0 recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions jumped 773.08% in 2023, then tumbled 2427.18% in 2024.
- Over 5 years, Tax Provisions stood at -$2.8 million in 2022, then soared by 181.64% to $2.2 million in 2023, then surged by 162.22% to $5.9 million in 2024, then sank by 1371.19% to -$75.0 million in 2025, then soared by 108.27% to $6.2 million in 2026.
- The last three Tax Provisions figures came in at $6.2 million (Q2 2026), -$700000.0 (Q1 2026), and -$75.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,184.93 Bn | 3,755.89 Bn | 73.85 Bn | 26.56 Bn |
| 2 | AppLovin | 103.29 Bn | 100.24 Bn | 1.70 Bn | 238.99 Mn |
| 3 | Trade Desk | 6.54 Bn | 5.05 Bn | 530.72 Mn | 48.70 Mn |
| 4 | Magnite | 3.61 Bn | 3.27 Bn | 130.79 Mn | 6.20 Mn |
| 5 | DoubleVerify Holdings | 2.08 Bn | 1.87 Bn | 161.31 Mn | 9.00 Mn |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - | - |
| 7 | Quinstreet | 991.48 Mn | 863.16 Mn | 49.81 Mn | -2.11 Mn |
| 8 | Ibotta | 965.22 Mn | 817.04 Mn | 69.72 Mn | 700,000.00 |
| 9 | Taboola.com | 906.66 Mn | 773.61 Mn | 139.48 Mn | 2.98 Mn |
| 10 | Mntn | 837.08 Mn | 599.80 Mn | 66.30 Mn | 2.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.20 Mn |
| Mar 31, 2026 | -700,000.00 |
| Dec 31, 2025 | -75.00 Mn |
| Sep 30, 2025 | 900,000.00 |
| Jun 30, 2025 | 1.00 Mn |
| Mar 31, 2025 | -900,000.00 |
| Dec 31, 2024 | 5.90 Mn |
| Sep 30, 2024 | 1.03 Mn |
| Jun 30, 2024 | 4.63 Mn |
| Mar 31, 2024 | -7.81 Mn |
| Dec 31, 2023 | 2.25 Mn |
| Sep 30, 2023 | -1.00 Mn |
| Jun 30, 2023 | 700,000.00 |
| Mar 31, 2023 | -309,000.00 |
| Dec 31, 2022 | -2.76 Mn |
| Sep 30, 2022 | -435,000.00 |
| Jun 30, 2022 | -104,000.00 |
| Mar 31, 2022 | -2.01 Mn |
| Dec 31, 2021 | -2.86 Mn |
| Sep 30, 2021 | -4.71 Mn |