Magnite raised its full-year 2026 guidance after second-quarter contribution ex-TAC grew 17% year-over-year to $190 million, exceeding the high end of its outlook. CTV contribution ex-TAC jumped 36% to $97 million, driven by broad-based strength across major media owners including Disney, Netflix, Roku, and Warner Bros. Discovery, while TV+ contribution ex-TAC edged up 2% to $93 million. Adjusted EBITDA rose 30% to $71 million, yielding a 37% margin, and the company now expects full-year contribution ex-TAC growth of 13% to 14% and an adjusted EBITDA margin of at least 37%. Net income reached $19 million, or $0.13 per diluted share on a GAAP basis, compared with $11 million, or $0.08 per share, a year earlier.
Magnite IncRaised full-year guidance and beat Q2 estimates with strong CTV growth.
Walt Disney Company
Netflix Inc
Roku Inc
Warner Bros Discovery Inc