The digital advertising firm raised its full-year outlook after exceeding Q2 2026 expectations with robust ex-TAC growth and margins.
Magnite revised its full-year 2026 outlook, projecting 13%-14% contribution ex-TAC growth and at least a 37% adjusted EBITDA margin. The update follows a stronger-than-expected Q2 2026 performance, driven by broad-based business strength.
Prior guidance had not been disclosed in the current context, but the company’s first-half results surpassed internal targets. The revised outlook reflects confidence in sustained demand and operational efficiency.
Management highlighted the quarter’s outperformance, citing execution and market tailwinds as key drivers.