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 | 4,074.35 Bn | 3,645.31 Bn | 73.85 Bn | 19.14% |
| 2 | AppLovin | 107.48 Bn | 104.43 Bn | 1.70 Bn | 15.87% |
| 3 | Trade Desk | 6.78 Bn | 5.29 Bn | 530.72 Mn | 43.06% |
| 4 | Magnite | 3.46 Bn | 3.13 Bn | 130.79 Mn | 24.27% |
| 5 | DoubleVerify Holdings | 2.07 Bn | 1.86 Bn | 161.31 Mn | 41.08% |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - | - |
| 7 | Quinstreet | 1.06 Bn | 929.83 Mn | 49.81 Mn | -12.44% |
| 8 | Taboola.com | 972.14 Mn | 839.09 Mn | 139.48 Mn | 40.80% |
| 9 | Mntn | 960.26 Mn | 722.98 Mn | 66.30 Mn | 26.63% |
| 10 | Viant Technology | 907.77 Mn | 920.10 Mn | 45.54 Mn | 30.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |