Magnite MGNI
NASDAQ MGNI
$23.61 -0.09 (-0.38%)
As of: Sep 9, 2026 · 3:59 PM EDT

Magnite (MGNI) Tax Rate (2013 - 2026)

Magnite (MGNI) posted Tax Rate of 24.27% for Q2 2026, up 229.35% on a QoQ basis from 18.76% in Q1 2026, and up 1600.0% year-over-year from 1.43% in Q2 2025.

Analysis

Magnite (MGNI) Tax Rate (2013 - 2026) Analysis & Trends

Magnite has reported Tax Rate for 14 years, with the latest figure at 24.27% in Q2 2026.

  • On a quarterly basis, Tax Rate rose 1600.0% year-over-year to 24.27% in Q2 2026; TTM through Jun 2026 was 69.79%, a 8382.0% decrease from a year earlier, with the FY2025 full-year figure at 104.78%, down 11875.0% from the prior year.
  • Tax Rate was 24.27% for Q2 2026 at Magnite, up from 18.76% in the prior quarter.
  • The five-year high for Tax Rate was 130.37% in Q2 2024, with the low at 156.01% in Q4 2025.
  • Average Tax Rate over 5 years is 4.84%, with a median of 6.1% recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: Tax Rate plunged 17193 bps in 2022, then jumped 13133 bps in 2024.
  • Over 5 years, Tax Rate stood at 7.05% in 2022, then slipped by 4 bps to 6.78% in 2023, then jumped by 106 bps to 13.96% in 2024, then sank by 1217 bps to 156.01% in 2025, then jumped by 116 bps to 24.27% in 2026.
  • The last three Tax Rate figures came in at 24.27% (Q2 2026), 18.76% (Q1 2026), and 156.01% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Alphabet 3,988.57 Bn 3,559.53 Bn 73.85 Bn 19.14%
2 AppLovin 102.43 Bn 99.38 Bn 1.70 Bn 15.87%
3 Trade Desk 6.51 Bn 5.03 Bn 530.72 Mn 43.06%
4 Magnite 3.38 Bn 3.05 Bn 130.79 Mn 24.27%
5 DoubleVerify Holdings 2.06 Bn 1.85 Bn 161.31 Mn 41.08%
6 Digital Turbine 1.28 Bn 1.24 Bn - -
7 Taboola.com 1.03 Bn 897.53 Mn 139.48 Mn 40.80%
8 Quinstreet 1.02 Bn 890.87 Mn 49.81 Mn -12.44%
9 Ibotta 916.56 Mn 768.39 Mn 69.72 Mn -131.58%
10 Mntn 867.15 Mn 629.87 Mn 66.30 Mn 26.63%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 24.27%
Mar 31, 2026 -18.76%
Dec 31, 2025 -156.01%
Sep 30, 2025 4.30%
Jun 30, 2025 8.27%
Mar 31, 2025 8.58%
Dec 31, 2024 13.96%
Sep 30, 2024 16.48%
Jun 30, 2024 130.37%
Mar 31, 2024 30.54%
Dec 31, 2023 6.78%
Sep 30, 2023 5.42%
Jun 30, 2023 -0.96%
Mar 31, 2023 0.31%
Dec 31, 2022 7.05%
Sep 30, 2022 1.75%
Jun 30, 2022 0.42%
Mar 31, 2022 4.30%
Dec 31, 2021 121.16%
Sep 30, 2021 16.22%