What is Magnite's net debt?

Magnite (MGNI) reported net debt of $257.35M in Q1 2026.

How has Magnite's net debt changed year-over-year?

Magnite's net debt decreased by 36.6% year-over-year, from $406.09M to $257.35M.

What is the long-term trend for Magnite's net debt?

Over 5 years (2020 to 2025), Magnite's net debt has grown at a -0.7% compound annual growth rate (CAGR), from -$75.64M to $73M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Magnite MGNI Net debt

Discontinued — last reported Q1 '26

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HES

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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

See full

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.

$442.0Mtotal debt−$184.6Mcash and equivalents=$257.35M

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 net debt?: Magnite (MGNI) reported net debt of $257.35M in Q1 2026.
How has Magnite's net debt changed year-over-year?: Magnite's net debt decreased by 36.6% year-over-year, from $406.09M to $257.35M.
What is the long-term trend for Magnite's net debt?: Over 5 years (2020 to 2025), Magnite's net debt has grown at a -0.7% compound annual growth rate (CAGR), from -$75.64M to $73M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.