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
DateValue
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%