What is Magnite's interest coverage?

Magnite (MGNI) reported interest coverage of 5.8× in Q1 2026.

How has Magnite's interest coverage changed year-over-year?

Magnite's interest coverage increased by 122.4% year-over-year, from 2.6× to 5.8×.

What is the long-term trend for Magnite's interest coverage?

Over 2 years (2022 to 2025), Magnite's interest coverage has grown at a 15.7% compound annual growth rate (CAGR), from -3.9× to 5.2×.

What does interest coverage mean?

Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.

Magnite MGNI Interest coverage

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33.7×+2.6×

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4.3×-1.2×

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-3.4×-1.5×

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2.2×—

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Other financials

Income statement

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Revenue$164.4M+5.5%

Gross profit$104.0M+11.8%

Operating income$7.7M+666%

Net income$4.4M+146%

EPS (diluted)$0.03+143%

Balance sheet

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Cash & equivalents$184.6M-57.0%

Total debt$442.0M-47.1%

Total equity$917.9M+23.7%

Total assets$2.9B+10.2%

Cash flow

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Operating cash flow-$120.8M-4,816%

CapEx$9.4M-34.6%

Free cash flow-$130.2M-1,002%

Valuation

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Market cap$2.58B+5.1%

Enterprise value$2.84B-3.2%

P/E16.3×-63.1×

P/S3.6×-0.1×

Profitability

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Gross margin63.4%+1.3pp

Operating margin14.8%+5.3pp

Net margin22%+17.4pp

FCF margin6.5%-31.5pp

Returns & leverage

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Return on equity19.1%+14.8pp

Debt / equity0.5×-0.6×

Current ratio1×0.0×

Where this comes from

Calculated from Magnite’s reported figures.

ebit/interest expense=5.8×

Based on trailing twelve months.

The official record: Magnite’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Magnite's interest coverage?: Magnite (MGNI) reported interest coverage of 5.8× in Q1 2026.
How has Magnite's interest coverage changed year-over-year?: Magnite's interest coverage increased by 122.4% year-over-year, from 2.6× to 5.8×.
What is the long-term trend for Magnite's interest coverage?: Over 2 years (2022 to 2025), Magnite's interest coverage has grown at a 15.7% compound annual growth rate (CAGR), from -3.9× to 5.2×.
What does interest coverage mean?: Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.