Magnite reported second quarter 2026 financial results for the period ended June 30, 2026. Revenue increased 11% year-over-year to $192.8 million, while Contribution ex-TAC grew 17% to $189.6 million, exceeding guidance. Net income rose to $19.4 million ($0.13 diluted EPS) from $11.1 million in the prior year period. Adjusted EBITDA increased 30% to $70.6 million with a 37% margin. The company raised its full-year expectations, targeting Contribution ex-TAC growth of 13-14%, Adjusted EBITDA growth greater than 20%, and an Adjusted EBITDA margin of at least 37%. Magnite operates in the digital advertising industry as a sell-side platform for publishers.