Magnite (MGNI) Tax Rate (2013 - 2026)
Magnite (MGNI) recorded quarterly Tax Rate of 18.25% in Q1 2026, up 88.3% quarter-over-quarter from 155.96% in Q4 2025, and down 2683.0% on a YoY basis from 0.71% in Q1 2025.
Magnite (MGNI) Tax Rate (2013 - 2026) Analysis & Trends
Magnite's Tax Rate history runs 14 years deep, the most recent figure standing at 18.25% for Q1 2026.
- In Q1 2026, Tax Rate fell 2683.0% year-over-year to 18.25%; the TTM figure through Mar 2026 stood at 86.93% (down 11232.0% YoY), while the FY2025 annual figure was 104.76%, down 11873.0% from the prior year.
- Tax Rate was 18.25% for Q1 2026 at Magnite, up from 155.96% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 129.61% in Q2 2024 to a low of 155.96% in Q4 2025.
- Historically, Tax Rate has averaged 3.64% across 5 years, with a median of 5.42% in 2023.
- The sharpest annual moves came in 2022 and 2024: Tax Rate sank 17193 bps in 2022, then jumped 13052 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 7.05% in 2022, then declined by 4 bps to 6.75% in 2023, then jumped by 105 bps to 13.85% in 2024, then plunged by 1226 bps to 155.96% in 2025, then surged by 88 bps to 18.25% in 2026.
- The last three Tax Rate figures came in at 18.25% (Q1 2026), 155.96% (Q4 2025), and 4.3% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 175.91 Bn | 173.15 Bn | 1.78 Bn | 15.77% |
| 2 | Omnicom | 22.52 Bn | 18.86 Bn | 1.04 Bn | 26.92% |
| 3 | Trade Desk | 9.46 Bn | 8.05 Bn | 506.89 Mn | 49.34% |
| 4 | Wpp | 2.71 Bn | -875.81 Mn | - | -32.04% |
| 5 | Nexxen International | 2.36 Bn | 2.23 Bn | 70.41 Mn | -1.92% |
| 6 | Magnite | 2.27 Bn | 2.09 Bn | 118.28 Mn | -18.25% |
| 7 | Ziff Davis | 1.74 Bn | 1.22 Bn | 152.41 Mn | -80.49% |
| 8 | DoubleVerify Holdings | 1.69 Bn | 1.51 Bn | 135.23 Mn | 54.95% |
| 9 | Stagwell | 1.60 Bn | 1.51 Bn | 244.61 Mn | 17.37% |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 1.02 Bn | 193.76 Mn | 15.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -18.25% |
| Mar 31, 2026 | -18.25% |
| Dec 31, 2025 | -155.96% |
| Dec 31, 2025 | -155.96% |
| Sep 30, 2025 | 4.30% |
| Sep 30, 2025 | 4.30% |
| Jun 30, 2025 | 8.27% |
| Jun 30, 2025 | 8.27% |
| Mar 31, 2025 | 8.58% |
| Mar 31, 2025 | 8.58% |
| Dec 31, 2024 | 13.85% |
| Dec 31, 2024 | 13.85% |
| Sep 30, 2024 | 16.02% |
| Sep 30, 2024 | 16.02% |
| Jun 30, 2024 | 129.61% |
| Jun 30, 2024 | 129.61% |
| Mar 31, 2024 | 30.54% |
| Mar 31, 2024 | 30.54% |
| Dec 31, 2023 | 6.75% |
| Dec 31, 2023 | 6.75% |