Magnite (MGNI) Tax Rate (2013 - 2026)
Magnite (MGNI) posted Tax Rate of 24.27% for Q2 2026, up 16.00 percentage points from 8.27% a year earlier and up 43.03 percentage points from the prior quarter.
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Analysis
Magnite (MGNI) Tax Rate (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Magnite was -69.79%, down 83.82 percentage points year-over-year; for FY2025, it came in at -104.78%, down 118.75 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -103.45 percentage points (FY2020 to FY2025).
- In prior years, Magnite's Tax Rate was 13.97% in FY2024 (+15.01 pp), -1.04% in FY2023 (-4.95 pp), 3.91% in FY2022 (-96.21 pp) and 100.12% in FY2021 (+101.45 pp).
- The Q2 2026 figure stands as the highest quarterly Tax Rate since Q2 2024.
- On a year-over-year basis, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -39.92 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q2 2024, with a gain of 131.33 percentage points; the weakest was Q2 2022, with a drop of 171.93 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was -18.76% (Q1 2026), -156.01% (Q4 2025) and 4.30% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 19.14% |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | 15.50% |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 16.40% |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | - |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | 15.38% |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 25.63% |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 23.83% |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | 24.31% |
| 10 | Magnite | 3.62 Bn | 2.07 Bn | 130.79 Mn | 24.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.27% |
| Sep 30, 2025 | 4.30% |
| Jun 30, 2025 | 8.27% |
| Dec 31, 2024 | 13.96% |
| Sep 30, 2024 | 16.48% |
| Jun 30, 2024 | 130.37% |
| Dec 31, 2023 | 6.78% |
| Dec 31, 2020 | 2.65% |
| Jun 30, 2016 | 220.21% |
| Dec 31, 2014 | 1.85% |
| Dec 31, 2013 | 260.87% |
API Access
Magnite Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MGNI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MGNI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MGNI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();