Magnite (MGNI) Tax Rate (2013 - 2026)
Magnite (MGNI) posted quarterly Tax Rate of 18.76% for Q1 2026, down 2734.0% year-over-year from 0.71% in Q1 2025, and up 87.97% quarter-over-quarter from 155.96% in Q4 2025.
Magnite (MGNI) Tax Rate (2013 - 2026) Analysis & Trends
Magnite's Tax Rate history runs 14 years deep, the most recent figure standing at 18.76% for Q1 2026.
- In Q1 2026, Tax Rate fell 2734.0% year-over-year to 18.76%; the TTM figure through Mar 2026 stood at 87.02% (down 11252.0% YoY), while the FY2025 annual figure was 104.76%, down 11872.0% from the prior year.
- Tax Rate for Q1 2026 stood at 18.76%, up from 155.96% in the prior quarter.
- The five-year high for Tax Rate was 129.61% in Q2 2024, with the low at 155.96% in Q4 2025.
- The 5-year median for Tax Rate is 5.24% (2023), against an average of 3.58%.
- The sharpest annual moves came in 2022 and 2024: Tax Rate slumped 17192 bps in 2022, then jumped 13057 bps in 2024.
- Magnite's Tax Rate stood at 7.05% in 2022, then dropped by 5 bps to 6.67% in 2023, then surged by 109 bps to 13.96% in 2024, then plunged by 1217 bps to 155.96% in 2025, then surged by 88 bps to 18.76% in 2026.
- Business Quant data shows MGNI's Tax Rate at 18.76% in Q1 2026, 155.96% in Q4 2025, and 4.23% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 103.70 Bn | 100.65 Bn | 1.70 Bn | 15.87% |
| 2 | Omnicom | 24.37 Bn | 21.03 Bn | 1.30 Bn | 27.11% |
| 3 | Trade Desk | 6.27 Bn | 4.78 Bn | 530.72 Mn | 43.06% |
| 4 | Wpp | 5.67 Bn | 2.50 Bn | - | - |
| 5 | Magnite | 3.35 Bn | 3.02 Bn | 130.79 Mn | 24.27% |
| 6 | Stagwell | 2.09 Bn | 1.98 Bn | 269.24 Mn | 3.77% |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn | 41.08% |
| 8 | Ziff Davis | 2.02 Bn | 410.50 Mn | 241.03 Mn | -1.84% |
| 9 | Clear Channel Outdoor Holdings | 1.22 Bn | 1.02 Bn | 241.86 Mn | -3.08% |
| 10 | Quinstreet | 1.17 Bn | 1.06 Bn | 41.34 Mn | 10.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.27% |
| Jun 30, 2026 | 24.27% |
| Jun 30, 2026 | 24.27% |
| Mar 31, 2026 | -18.76% |
| Mar 31, 2026 | -18.76% |
| Mar 31, 2026 | -18.76% |
| Dec 31, 2025 | -155.96% |
| Dec 31, 2025 | -155.96% |
| Dec 31, 2025 | -155.96% |
| Sep 30, 2025 | 4.23% |
| Sep 30, 2025 | 4.23% |
| Sep 30, 2025 | 4.23% |
| Jun 30, 2025 | 7.92% |
| Jun 30, 2025 | 7.92% |
| Jun 30, 2025 | 7.92% |
| Mar 31, 2025 | 8.58% |
| Mar 31, 2025 | 8.58% |
| Mar 31, 2025 | 8.58% |
| Dec 31, 2024 | 13.96% |
| Dec 31, 2024 | 13.96% |