Magnite Exceeds Q2 Earnings Expectations with Strong Revenue Growth and Strategic Partnerships.

Magnite, Inc. reported strong Q2 earnings with a 6% revenue increase to $173 million, exceeding expectations. The company's CTV contribution ex-TAC grew 14%, and DV+ saw an 8% increase. Magnite is expanding its AI capabilities and forming strategic partnerships with major players like Roku, Netflix, and Warner Bros. Discovery. Despite facing challenges like tariff pressures and measurement issues in CTV, the company is optimistic about future growth opportunities.

Title: Magnite, Inc. Reports Strong Q2 Earnings, Highlights Growth in CTV and DV+ Segments

July 02, 2025 - Magnite, Inc. (MGNI) reported robust Q2 earnings, with total revenue climbing to $173 million, a 6% increase year-over-year, exceeding market expectations [1]. The company's CTV (Connected TV) contribution ex-TAC grew by 14%, and DV+ (Digital Video Plus) saw an 8% increase, reflecting strong performance in these segments.

CEO Michael G. Barrett highlighted the company's deepening relationships with major streamers such as Roku, Netflix, LG, Warner Bros. Discovery, and Paramount, noting the launch of Warner Bros. Discovery's NEO platform, which is powered by Magnite. Barrett emphasized that Magnite is positioned to lead in the SMB segment with its SpringServe product, which will serve as an integrated ad server and SSP (Supply-Side Platform) for specialized DSPs (Demand-Side Platforms) like tvScientific, Vibe, and Streamer [1].

The company also reported new partnerships and share gains in DV+, including recent and upcoming launches with Spotify, T-Mobile, and Redfin, as well as continued expansion in commerce media with partners like Western Union, PayPal, Kinective Media by United Airlines, and RE/MAX [1]. Magnite's CFO David L. Day provided third-quarter guidance, expecting contribution ex-TAC to be in the range of $161 million to $165 million, with CTV contribution ex-TAC expected to be in the range of $71 million to $73 million and DV+ contribution ex-TAC expected to be in the range of $90 million to $92 million [1].

For the full year, Magnite anticipates total contribution ex-TAC growth above 10% or mid-teens, excluding political, with adjusted EBITDA growth in the mid-teens. The company increased its adjusted EBITDA margin expansion guidance to at least 150 basis points from 100 basis points previously, and free cash flow to grow high teens to 20% [1].

Despite facing challenges like tariff pressures and measurement issues in CTV, Magnite remains optimistic about future growth opportunities. The company's strategic focus on AI integration, SMB expansion, and commerce media, along with its positive outlook on regulatory changes, positions it well for continued growth in the ad tech landscape [1].

References:
[1] https://seekingalpha.com/news/4480823-magnite-signals-accelerating-ctv-and-dv-growth-with-full-year-margin-expansion-guidance-amid
[2] https://www.ainvest.com/news/contradictions-hackett-group-2025-q2-earnings-call-ai-revenue-economic-impact-strategic-partnerships-2508/