Magnite Inc. (MGNI) Balance Sheet
MGNI balance sheet, 2025
December 31, 2025 · U.S. dollars$3.16B assets = $2.24B liabilities + $922.4M equity
Both columns are drawn to the same scale: what MGNI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MGNI financial health
Descriptive bands, not a rating. Fiscal 2025.
MGNI balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $519.8M2016 | $3.16B2025 | +22.2%/yr | |
| Total liabilities | $220.3M2016 | $2.24B2025 | +29.4%/yr | |
| Shareholders’ equity | $299.5M2016 | $922.4M2025 | +13.3%/yr | |
| Cash & short-term investments | $190.0M2016 | $553.4M2025 | +12.6%/yr | |
| Total debt | $22.5M2019 | $626.4M2025 | +74.1%/yr | |
| Net cash (debt) | $66.4M2019 | −$73.0M2025 | −$139.4M | |
| Working capital | $173.1M2016 | $39.8M2025 | −$133.3M | |
| Book value per share | $6.422016 | $6.002025 | −0.8%/yr | |
| Current ratio | 1.792016 | 1.022025 | −0.77 | |
| Debt / equity | 0.202019 | 0.682025 | +0.48 | |
| Shares outstanding | 46.7M2016 | 153.8M2025 | +14.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MGNI assets
MGNI liabilities and equity
MGNI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MGNI balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $553.4M | $483.2M | $326.2M | $326.3M | $230.4M | $117.7M | $88.9M | $88.0M | $129.1M | $190.0M |
| Cash & equivalents | $553.4M | $483.2M | $326.2M | $326.3M | $230.4M | $117.7M | $88.9M | $80.5M | $76.6M | $149.4M |
| Short-term investments | — | — | — | — | — | — | $0 | $7.5M | $52.5M | $40.5M |
| Receivables | $1.30B | $1.20B | $1.18B | $976.5M | $927.8M | $471.7M | $217.6M | $205.7M | $165.9M | $192.1M |
| Inventory | $0 | $0 | −$20.5M | $1 | $1 | $0 | $0 | $0 | $1 | $1 |
| Other current assets | $26.3M | $19.9M | $41.0M | $23.5M | $19.9M | $17.7M | $6.6M | $6.9M | $9.6M | $9.5M |
| Total current assets | $1.88B | $1.70B | $1.52B | $1.33B | $1.18B | $607.1M | $313.1M | $300.5M | $304.7M | $391.6M |
| Property, plant & equipment (net) | $175.2M | $119.1M | $107.9M | $123.2M | $111.1M | $63.3M | $45.2M | $33.5M | $47.4M | $36.2M |
| Goodwill & intangible assets | $996.3M | $1.03B | $1.05B | $1.26B | $1.42B | $264.2M | $34.8M | $24.7M | $26.1M | $89.0M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $111.3M | $6.4M | $6.7M | $7.4M | $6.9M | $4.4M | $2.1M | $1.2M | $5.5M | $2.9M |
| Total assets | $3.16B | $2.85B | $2.69B | $2.71B | $2.71B | $939.0M | $395.1M | $360.0M | $383.6M | $519.8M |
| Liabilities | ||||||||||
| Accounts payable | $1.59B | $1.45B | $1.36B | $1.08B | $983.1M | $496.9M | $252.7M | $233.5M | $207.5M | $205.2M |
| Short-term debt | $228.6M | $19.7M | $24.0M | $24.8M | $22.7M | $9.8M | $7.3M | — | — | — |
| Deferred revenue | — | — | $1 | — | $17.8M | $12.4M | $6.7M | — | — | — |
| Total current liabilities | $1.84B | $1.50B | $1.40B | $1.13B | $1.03B | $522.2M | $267.5M | $241.0M | $217.2M | $218.4M |
| Long-term debt | $347.7M | $550.1M | $533.0M | $722.8M | $720.0M | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $70.2M | $55.1M | $70.1M | $87.5M | $85.6M | $42.1M | $22.5M | — | — | — |
| Other long-term liabilities | $52.6M | $40.5M | $52.0M | $73.1M | $82.4M | $35.1M | $15.7M | $1.0M | $1.8M | $1.8M |
| Total liabilities | $2.24B | $2.09B | $1.99B | $1.92B | $1.83B | $557.3M | $283.2M | $242.0M | $219.0M | $220.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $1,000 | $1,000 | — | — |
| Retained earnings (deficit) | −$516.6M | −$661.2M | −$684.0M | −$524.8M | −$394.5M | −$394.5M | −$341.1M | −$315.6M | −$253.8M | −$99.0M |
| Treasury stock | — | — | — | — | −$6.0M | — | — | — | — | — |
| Accumulated other comprehensive income | −$1.5M | −$4.4M | −$2.1M | −$3.2M | −$1.4M | −$957,000 | −$45,000 | −$259,000 | $41,000 | −$273,000 |
| Total shareholders' equity | $922.4M | $768.2M | $701.7M | $791.3M | $880.8M | $381.6M | $111.9M | $118.0M | $164.6M | $299.5M |
| Key figures | ||||||||||
| Total debt | $626.4M | $608.8M | $606.7M | $813.9M | $809.3M | $42.1M | $22.5M | — | — | — |
| Net cash (debt) | −$73.0M | −$125.6M | −$280.4M | −$487.6M | −$578.9M | $75.6M | $66.4M | — | — | — |
| Working capital | $39.8M | $207.2M | $120.9M | $201.2M | $148.7M | $84.9M | $45.6M | $59.6M | $87.4M | $173.1M |
| Tangible book value | −$74.0M | −$257.9M | −$349.5M | −$464.1M | −$535.8M | $117.4M | $77.1M | $93.3M | $138.5M | $210.5M |
| Book value per share | $6.00 | $5.23 | $5.14 | $5.95 | $6.46 | $3.95 | $2.13 | $2.35 | $3.37 | $6.42 |
| Shares outstanding | 153.8M | 146.8M | 136.6M | 132.9M | 136.3M | 96.7M | 52.6M | 50.3M | 48.9M | 46.7M |
| Current ratio | 1.02 | 1.14 | 1.09 | 1.18 | 1.14 | 1.16 | 1.17 | 1.25 | 1.40 | 1.79 |
| Quick ratio | 1.01 | 1.13 | 1.07 | 1.16 | 1.13 | 1.13 | 1.15 | 1.22 | 1.36 | 1.75 |
| Debt / equity | 0.68 | 0.79 | 0.86 | 1.03 | 0.92 | 0.11 | 0.20 | — | — | — |
| Equity / assets | 29.1% | 26.9% | 26.1% | 29.2% | 32.5% | 40.6% | 28.3% | 32.8% | 42.9% | 57.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $332.6M | $184.6M | $553.4M | $482.1M | $426.0M | $429.7M | $483.2M | $387.2M | $326.5M | $252.8M | $326.2M | $310.5M |
| Cash & equivalents | $332.6M | $184.6M | $553.4M | $482.1M | $426.0M | $429.7M | $483.2M | $387.2M | $326.5M | $252.8M | $326.2M | $310.5M |
| Receivables | $1.38B | $1.43B | $1.30B | $1.22B | $1.30B | $1.05B | $1.20B | $1.16B | $1.12B | $999.8M | $1.18B | $937.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $1 | $0 |
| Other current assets | $30.0M | $32.3M | $26.3M | $27.9M | $27.5M | $32.2M | $19.9M | $22.3M | $19.4M | $20.8M | $20.5M | $21.5M |
| Total current assets | $1.75B | $1.65B | $1.88B | $1.73B | $1.76B | $1.52B | $1.70B | $1.57B | $1.47B | $1.27B | $1.52B | $1.27B |
| Property, plant & equipment (net) | $178.3M | $190.5M | $175.2M | $162.5M | $147.9M | $134.9M | $119.1M | $122.1M | $125.0M | $119.5M | $107.9M | $110.7M |
| Goodwill & intangible assets | $1.02B | $993.7M | $996.3M | $1.03B | $1.02B | $1.02B | $1.03B | $1.01B | $1.04B | $1.04B | $1.05B | $1.06B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $85.7M | $114.7M | $111.3M | $5.6M | $6.2M | $5.9M | $6.4M | $35.8M | $11.0M | $16.3M | $6.7M | $6.7M |
| Total assets | $3.03B | $2.95B | $3.16B | $2.92B | $2.93B | $2.67B | $2.85B | $2.74B | $2.64B | $2.45B | $2.69B | $2.45B |
| Liabilities | ||||||||||||
| Accounts payable | $1.67B | $1.57B | $1.59B | $1.46B | $1.51B | $1.28B | $1.45B | $1.37B | $1.28B | $1.11B | $1.36B | $1.09B |
| Short-term debt | $27.5M | $25.4M | $228.6M | $228.4M | $227.2M | $223.8M | $19.7M | $21.9M | $23.7M | $23.6M | $24.0M | $24.5M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | $1 | $15.0M |
| Total current liabilities | $1.70B | $1.62B | $1.84B | $1.71B | $1.76B | $1.54B | $1.50B | $1.41B | $1.33B | $1.15B | $1.40B | $1.13B |
| Long-term debt | $346.8M | $347.2M | $347.7M | $348.1M | $348.6M | $349.0M | $550.1M | $550.2M | $549.0M | $549.1M | $533.0M | $601.6M |
| Lease obligations | $66.6M | $78.8M | $70.2M | $69.0M | $62.8M | $60.0M | $55.1M | $64.8M | $70.3M | $73.0M | $70.1M | $74.9M |
| Other long-term liabilities | $46.1M | $60.5M | $52.6M | $51.6M | $45.2M | $45.4M | $40.5M | $48.2M | $52.1M | $54.9M | $52.0M | $60.2M |
| Total liabilities | $2.10B | $2.03B | $2.24B | $2.11B | $2.16B | $1.93B | $2.09B | $2.01B | $1.93B | $1.76B | $1.99B | $1.79B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
| Retained earnings (deficit) | −$492.8M | −$512.1M | −$516.6M | −$639.6M | −$659.7M | −$670.8M | −$661.2M | −$697.6M | −$702.8M | −$701.7M | −$684.0M | −$714.9M |
| Accumulated other comprehensive income | −$1.4M | −$1.5M | −$1.5M | −$1.5M | −$1.1M | −$3.6M | −$4.4M | −$1.1M | −$3.2M | −$3.1M | −$2.1M | −$3.6M |
| Total shareholders' equity | $936.3M | $917.9M | $922.4M | $808.0M | $768.5M | $741.8M | $768.2M | $725.9M | $713.0M | $695.4M | $701.7M | $652.1M |
| Key figures | ||||||||||||
| Total debt | $417.0M | $429.7M | $626.4M | $625.2M | $619.2M | $616.6M | $608.8M | $618.6M | $623.0M | $625.7M | $606.7M | $680.1M |
| Net cash (debt) | −$84.4M | −$245.0M | −$73.0M | −$143.1M | −$193.2M | −$186.8M | −$125.6M | −$231.4M | −$296.5M | −$372.9M | −$280.4M | −$369.6M |
| Working capital | $42.7M | $26.7M | $39.8M | $12.5M | −$8.4M | −$23.4M | $207.2M | $159.7M | $139.1M | $118.8M | $120.9M | $138.1M |
| Tangible book value | −$86.1M | −$75.8M | −$74.0M | −$219.1M | −$248.1M | −$277.1M | −$257.9M | −$280.7M | −$326.0M | −$349.4M | −$349.5M | −$406.4M |
| Book value per share | $6.36 | $6.20 | $6.00 | $5.28 | $5.18 | $5.23 | $5.04 | $4.88 | $5.07 | $4.99 | $4.88 | $4.75 |
| Shares outstanding | 147.2M | 148.1M | 153.8M | 153.2M | 148.3M | 141.9M | 152.4M | 148.7M | 140.6M | 139.3M | 143.8M | 137.4M |
| Current ratio | 1.03 | 1.02 | 1.02 | 1.01 | 1.00 | 0.98 | 1.14 | 1.11 | 1.10 | 1.10 | 1.09 | 1.12 |
| Quick ratio | 1.01 | 1.00 | 1.01 | 0.99 | 0.98 | 0.96 | 1.13 | 1.10 | 1.09 | 1.08 | 1.07 | 1.10 |
| Debt / equity | 0.45 | 0.47 | 0.68 | 0.77 | 0.81 | 0.83 | 0.79 | 0.85 | 0.87 | 0.90 | 0.86 | 1.04 |
| Equity / assets | 30.9% | 31.2% | 29.1% | 27.7% | 26.3% | 27.7% | 26.9% | 26.5% | 27.0% | 28.3% | 26.1% | 26.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 25, 2026); data from EODHD.
MGNI financial position
At the end of fiscal 2025 (December 31, 2025), Magnite had total assets of $3.2 billion (up 10.8% from a year earlier), total liabilities of $2.2 billion and shareholders' equity of $922.4 million. It held $553.4 million in cash and short-term investments against $626.4 million of debt, net debt of $73.0 million. Its current ratio was 1.02. In the latest quarter (ended June 30, 2026) total assets were $3.0 billion and equity $936.3 million.
Related: MGNI income statement, MGNI cash flow statement, MGNI key metrics. See the MGNI stock overview for the latest quote and news.
MGNI balance sheet FAQ
What are Magnite's total assets?
Magnite reported total assets of $3.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.9 billion a year earlier.
How much debt does Magnite have?
Magnite had $626.4 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.68.
How much cash does Magnite have?
Magnite held $553.4 million in cash and short-term investments at the end of fiscal 2025; with $626.4 million of debt that is net debt of $73.0 million.
What is Magnite's book value?
Magnite's shareholders' equity (book value) was $922.4 million at the end of fiscal 2025, or $6.00 per share.
What is Magnite's current ratio?
Magnite had current assets of $1.9 billion and current liabilities of $1.8 billion, a current ratio of 1.02 (it can cover its short-term obligations).
How much goodwill does Magnite have?
Magnite carried $996.3 million of goodwill and intangible assets, 31.5% of total assets, at the end of fiscal 2025.