Companies: 10,795·Total market cap: $144.5T
Magnite, Inc.

Magnite, Inc.

MGNINASDAQCommunication Services● Active
$14.68
$-0.18(-1.21%)
Market Cap$2.1B
P/E Ratio—
52W High$26.65
52W Low$10.82
Free Cash FlowFinancialsRevenue

Magnite, Inc. (MGNI) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MGNI · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $165.6M for FY2025 (fiscal year ending 2025-12-31), down 18.2% year-over-year The FCF margin was 23.2%.

FY2025 Free Cash Flow$165.6M▼ -18.2% YoY
Trailing 12M (TTM)$43.7Mtrailing 4 quarters sum
FCF Margin23.2%$165.6M ÷ revenue
3-Year CAGR+3.8%FY2022 → FY2025
5-Year CAGRN/AN/A — contains negative FCF
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
mgni free cash flow history · mgni free cash flow chart · mgni free cash flow growth rate · mgni free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$165.6M▼ 18.2%23.2%
FY2024$202.4M▲ +7.9%30.3%
FY2023$187.6M▲ +26.6%30.3%
FY2022$148.2M▲ +52.0%25.7%
FY2021$97.5M▲ +469.8%20.8%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
mgni free cash flow 2025 · mgni free cash flow 2024 · mgni free cash flow 2023 · mgni operating cash flow

FCF valuation metrics

Magnite, Inc. (MGNI) trades at a FCF yield of 2.08% and a price-to-free-cash-flow ratio of 47.4x. FCF per share stands at $0.31, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
2.08%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$0.31
TTM FCF ÷ Shares Outstanding
Price / FCF
x47.4
Share Price ÷ FCF per Share
EV / FCF (TTM)
x45.7
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
mgni price to free cash flow · mgni free cash flow yield · mgni free cash flow per share · mgni price to cash flow ratio

Cash flow statement summary

For FY2025, Magnite, Inc. generated $236.2M in operating cash flow and spent 71M in capital expenditures, yielding $165.6M in free cash flow.

Operating Activities
+$236.2M
Cash from core business operations
2025-12-31
Investing Activities
−$92.8M
CapEx, acquisitions & investments
2025-12-31
Financing Activities
−$75.1M
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($236.2M) − |CapEx| (71M) = FCF ($165.6M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
mgni cash flow statement · mgni cash flow statement 2025 · mgni operating cash flow · mgni cash flow from operations

Free cash flow vs peers (Communication Services)

#CompanyFree Cash FlowYoY
#1
Magnite, Inc.
Magnite, Inc.YOU
MGNI
$165.6M-18.2%
#2
Alphabet Inc.
Alphabet Inc.
GOOGL
$73.27B+0.7%#3
Alphabet Inc.
Alphabet Inc.
GOOG
$73.27B+0.7%#4
Meta Platforms, Inc.
Meta Platforms, Inc.
META
$46.11B-14.7%#5
Verizon Communications, 5.9% 15 Feb 2054
Verizon Communications, 5.9% 15 Feb 2054
VZA
$19.68B+4.0%#6
Netflix, Inc.
Netflix, Inc.
NFLX
$9.46B+36.7%
Communication Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Magnite, Inc. (MGNI) reported free cash flow of $165.6M for FY2025 (fiscal year ending 2025-12-31), down 18.2% year-over-year. The FCF margin was 23.2%.

Based on available data, Magnite, Inc. has maintained positive free cash flow for at least 10 fiscal year(s). FCF peaked at $202.4M in FY2024.

Magnite, Inc.'s FCF yield is 2.08% and price-to-FCF ratio is 47.4x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

MGNI free cash flow · 8 questions

Magnite, Inc. free cash flow was $165.6M for FY2025, down 18.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $43.7M.

MGNI free cash flowMGNI FCFMGNI FCF 2025MGNI free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Magnite, Inc. · Magnite, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026