Magnite (MGNI) Tax Rate (2013 - 2026)
Magnite's (MGNI) quarterly Tax Rate came in at 18.76% in Q1 2026, down 2734.0% year-on-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.
- On a quarterly basis, Tax Rate fell 2734.0% year-over-year to 18.76% in Q1 2026; TTM through Mar 2026 was 87.02%, a 11252.0% decrease from a year earlier, with the FY2025 full-year figure at 104.76%, down 11872.0% from the prior year.
- Tax Rate grew to 18.76% in Q1 2026 per MGNI's latest filing, from 155.96% in the prior quarter.
- Across five years, Tax Rate topped out at 129.61% in Q2 2024 and bottomed at 155.96% in Q4 2025.
- The 5-year median for Tax Rate is 5.24% (2023), against an average of 3.58%.
- Across the five-year window, Tax Rate tumbled 17192 bps in 2022 and jumped 13057 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 7.05% in 2022, then declined by 5 bps to 6.67% in 2023, then soared by 109 bps to 13.96% in 2024, then tumbled by 1217 bps to 155.96% in 2025, then soared by 88 bps to 18.76% in 2026.
- Per Business Quant, the three latest MGNI Tax Rate figures stand at 18.76% (Q1 2026), 155.96% (Q4 2025), and 4.23% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 134.57 Bn | 131.82 Bn | 1.64 Bn | 15.77% |
| 2 | Wpp | 26.03 Bn | 22.66 Bn | - | -32.04% |
| 3 | Omnicom | 22.21 Bn | 18.26 Bn | 1.04 Bn | 26.92% |
| 4 | Trade Desk | 7.97 Bn | 6.56 Bn | 506.89 Mn | 49.34% |
| 5 | Magnite | 2.57 Bn | 2.39 Bn | 103.96 Mn | -18.76% |
| 6 | Ziff Davis | 1.94 Bn | 1.42 Bn | 223.32 Mn | -80.49% |
| 7 | Stagwell | 1.76 Bn | 1.66 Bn | 244.61 Mn | 17.29% |
| 8 | DoubleVerify Holdings | 1.67 Bn | 1.50 Bn | 147.67 Mn | 54.95% |
| 9 | Clear Channel Outdoor Holdings | 1.20 Bn | 1.03 Bn | 193.76 Mn | 15.15% |
| 10 | Criteo | 1.05 Bn | 737.13 Mn | 222.74 Mn | 30.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2024 | 13.96% |
| Sep 30, 2024 | 16.02% |
| Sep 30, 2024 | 16.02% |