$MGNI
Magnite Inc Stock $mgni

$mgni Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000159597423000039 Filed on November 08, 2023

Income Statement

Concept	2023 Q4	2023 Q3
Revenue	$186.9M	$150.1M
YoY Change	6.58%	2.93%
Cost Of Revenue	$70.03M	$84.88M
YoY Change	-36.92%	18.29%
Gross Profit	$116.9M	$65.21M
YoY Change	81.58%	-11.96%
Gross Profit Margin	62.54%	43.45%
Selling, General & Admin	$55.87M	$59.51M
YoY Change	1.28%	-15.08%
% of Gross Profit	47.79%	91.27%
Research & Development	$23.00M	$23.54M
YoY Change	2.99%	-6.35%
% of Gross Profit	19.67%	36.1%
Depreciation & Amortization	$16.82M	$39.30M
YoY Change	-78.27%	-15.69%
% of Gross Profit	14.39%	60.27%
Operating Expenses	$81.78M	$83.05M
YoY Change	-11.99%	-12.78%
Operating Profit	$35.12M	-$17.84M
YoY Change	-223.06%	-15.66%
Interest Expense	-$11.60M	-$6.100M
YoY Change	-2.56%	21.03%
% of Operating Profit	-33.01%
Other Income/Expense, Net	$1.287M	-$601.0K
YoY Change	-3.01%	-83.63%
Pretax Income	$33.16M	-$18.44M
YoY Change	-184.79%	-25.71%
Income Tax	$2.250M	-$1.000M
% Of Pretax Income	6.78%
Net Earnings	$30.91M	-$17.48M
YoY Change	-184.96%	-28.35%
Net Earnings / Revenue	16.54%	-11.64%
Basic Earnings Per Share		-$0.13
Diluted Earnings Per Share	$0.22	-$0.13
COMMON SHARES
Basic Shares Outstanding	137.9M shares	137.0M shares
Diluted Shares Outstanding		137.4M shares

Balance Sheet

Concept	2023 Q4	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$326.2M	$310.5M
YoY Change	-0.01%	22.46%
Cash & Equivalents	$326.2M	$310.5M
Short-Term Investments
Other Short-Term Assets	$20.51M	$21.50M
YoY Change	-12.74%	0.64%
Inventory
Prepaid Expenses
Receivables	$1.176B	$937.2M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.523B	$1.269B
YoY Change	14.83%	17.6%
LONG-TERM ASSETS
Property, Plant & Equipment	$47.37M	$46.11M
YoY Change	5.34%	1.37%
Goodwill	$978.2M	$978.2M
YoY Change	0.0%	0.0%
Intangibles	$51.01M	$58.63M
YoY Change	-79.88%	-81.82%
Long-Term Investments
YoY Change
Other Assets	$6.729M	$6.686M
YoY Change	-8.86%	9.5%
Total Long-Term Assets	$1.166B	$1.176B
YoY Change	-15.88%	-18.9%
TOTAL ASSETS
Total Short-Term Assets	$1.523B	$1.269B
Total Long-Term Assets	$1.166B	$1.176B
Total Assets	$2.689B	$2.445B
YoY Change	-0.86%	-3.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.357B	$1.086B
YoY Change	26.01%	24.4%
Accrued Expenses	$35.49M	$35.90M
YoY Change	-7.93%	-2.47%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$3.600M	$3.600M
YoY Change	0.0%	0.0%
Total Short-Term Liabilities	$1.402B	$1.131B
YoY Change	24.63%	23.07%
LONG-TERM LIABILITIES
Long-Term Debt	$533.0M	$601.6M
YoY Change	-26.26%	-16.68%
Other Long-Term Liabilities	$1.657M	$1.801M
YoY Change	-3.83%	5.75%
Total Long-Term Liabilities	$534.6M	$603.4M
YoY Change	-26.2%	-16.63%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.402B	$1.131B
Total Long-Term Liabilities	$534.6M	$603.4M
Total Liabilities	$1.987B	$1.793B
YoY Change	3.45%	4.32%
SHAREHOLDERS EQUITY
Retained Earnings	-$684.0M	-$714.9M
YoY Change	30.33%	46.37%
Common Stock	$2.000K	$2.000K
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$701.7M	$652.1M
YoY Change
Total Liabilities & Shareholders Equity	$2.689B	$2.445B
YoY Change	-0.86%	-3.32%

Cashflow Statement

Concept	2023 Q4	2023 Q3
OPERATING ACTIVITIES
Net Income	$30.91M	-$17.48M
YoY Change	-184.96%	-28.35%
Depreciation, Depletion And Amortization	$16.82M	$39.30M
YoY Change	-78.27%	-15.69%
Cash From Operating Activities	$89.09M	$82.10M
YoY Change	0.43%	105.8%
INVESTING ACTIVITIES
Capital Expenditures	$12.04M	$6.800M
YoY Change	-20.85%	-151.54%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00
YoY Change
Cash From Investing Activities	-$12.04M	-$6.800M
YoY Change	-20.85%	-48.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-62.16M	-30.70M
YoY Change	3258.24%	545.91%
NET CHANGE
Cash From Operating Activities	89.09M	82.10M
Cash From Investing Activities	-12.04M	-6.800M
Cash From Financing Activities	-62.16M	-30.70M
Net Change In Cash	14.88M	44.60M
YoY Change	-79.23%	103.22%
FREE CASH FLOW
Cash From Operating Activities	$89.09M	$82.10M
Capital Expenditures	$12.04M	$6.800M
Free Cash Flow	$77.04M	$75.30M
YoY Change	4.83%	41.85%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.71
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.71
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	880757000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	1107000	usd
CY2022Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	4260000	usd
CY2022Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	12138000	usd
CY2022Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	0	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	16927000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	110000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-44593000	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	837910000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	501000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	2141000	usd
CY2022Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	5198000	usd
CY2022Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	3525000	usd
CY2022Q2	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	0	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	16559000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-2055000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-24954000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	1486000	usd
	mgni	Revenue Payment Terms RevenuePaymentTerms	P75D
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-24269000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-21273000	usd
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.13
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	137372000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	136084000	shares
CY2022Q3	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	2401000	usd
CY2022Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	17724000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-1972000	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	810502000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	791298000	usd
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	9046000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	19856000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	367000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-98732000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	705229000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	610000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1922000	usd
CY2023Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	631000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	19230000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	107000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-73889000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	652578000	usd
CY2023Q3	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	60000	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	17911000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-962000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-17477000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	652110000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-190098000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-93938000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	224000000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	138641000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	55462000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	50193000	usd
	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	0	usd
	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	3320000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	18132000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	49000	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	59000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	4439000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-357000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	4816000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	5092000	usd
	mgni	Non Cash Lease Expense NonCashLeaseExpense	-804000	usd
	mgni	Non Cash Lease Expense NonCashLeaseExpense	1340000	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	4601000	usd
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-676000	usd
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-1626000	usd
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	3734000	usd
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	5231000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	2696000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	0	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-19033000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-125268000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-2054000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1751000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	26341000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-116575000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-66000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-472000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	125282000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	103845000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	17139000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	18004000	usd
	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	8200000	usd
	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	11177000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	20755000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-25339000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-49936000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	2156000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	1771000	usd
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans	1922000	usd
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans	2141000	usd
	us-gaap	Repayments Of Debt RepaymentsOfDebt	2700000	usd
	us-gaap	Repayments Of Debt RepaymentsOfDebt	2700000	usd
	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	104793000	usd
	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	0	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	276000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	602000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	15663000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	9677000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	11859000	usd
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	2313000	usd
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	1409000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-115681000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-28321000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-209000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-2484000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-15947000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	23104000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	326502000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	230693000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	310555000	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	253797000	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	310509000	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	253552000	usd
CY2023Q3	us-gaap	Restricted Cash Current RestrictedCashCurrent	46000	usd
CY2022Q3	us-gaap	Restricted Cash Current RestrictedCashCurrent	245000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	310555000	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	253797000	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	4356000	usd
	us-gaap	Interest Paid Net InterestPaidNet	27609000	usd
	us-gaap	Interest Paid Net InterestPaidNet	18624000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	3226000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	10195000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	1535000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	1017000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	3797000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	11542000	usd
	mgni	Business Combination Consideration Transferred Indemnification Claims Holdback BusinessCombinationConsiderationTransferredIndemnificationClaimsHoldback	0	usd
	mgni	Business Combination Consideration Transferred Indemnification Claims Holdback BusinessCombinationConsiderationTransferredIndemnificationClaimsHoldback	2293000	usd
	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-bottom:6pt;margin-top:5pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported and disclosed financial statements and accompanying footnotes. Due to the economic uncertainty of macroeconomic challenges, such as inflation, global conflict, capital market disruptions and instability of financial institutions, the risk of a recession, labor strikes, and other macroeconomic factors, it has become more difficult to apply certain assumptions and judgments into these estimates. </span><span style="color:#212529;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The extent of the impact of these factors on the Company's operational and financial performance will depend on future developments, which are highly uncertain and cannot be predicted, including but not limited to the duration and how quickly and to what extent normal economic and operating conditions can resume. During the nine months ended September 30, 2023, this uncertainty continued to result in a higher level of judgment related to its estimates and assumptions. As of the date of issuance of the condensed consolidated financial statements for the three and nine months ended September 30, 2023, the Company is not aware of any specific event or circumstance that would require the Company to update its estimates, judgments, or revise the carrying value of its assets or liabilities. These estimates may change, as new events occur and additional information is obtained, and are recognized in the consolidated financial statements as soon as they become known. Actual results could differ materially from these estimates.</span></div>
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	-24391000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-190098000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-93938000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	137372000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	133144000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	133144000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	136084000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	136084000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	132611000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	132611000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	137372000	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.13
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.13
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.18
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.18
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.40
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.40
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.71
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.71
CY2023Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	8473000	shares
CY2022Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	8548000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	9170000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	9983000	shares
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	150085000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	145815000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	432778000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	401670000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	150085000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	145815000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	432778000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	401670000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	150085000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	145815000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	401670000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	19600000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	1100000	usd
CY2023Q3	mgni	Accounts Payable Seller AccountsPayableSeller	500000	usd
CY2022Q4	mgni	Accounts Payable Seller AccountsPayableSeller	600000	usd
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	19643000	usd
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	871000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	1092000	usd
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	3475000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	30000	usd
CY2022Q3	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	518000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	773000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	527000	usd
CY2023Q3	mgni	Accounts Receivable Credit Loss Expense Reversal Gross AccountsReceivableCreditLossExpenseReversalGross	-18000	usd
CY2022Q3	mgni	Accounts Receivable Credit Loss Expense Reversal Gross AccountsReceivableCreditLossExpenseReversalGross	455000	usd
	mgni	Accounts Receivable Credit Loss Expense Reversal Gross AccountsReceivableCreditLossExpenseReversalGross	19276000	usd
	mgni	Accounts Receivable Credit Loss Expense Reversal Gross AccountsReceivableCreditLossExpenseReversalGross	-2227000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	11000	usd
CY2022Q3	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	0	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	11000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Recoveries AllowanceForDoubtfulAccountsReceivableRecoveries	87000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	19606000	usd
CY2022Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	808000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	19606000	usd
CY2022Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	808000	usd
CY2023Q3	mgni	Accounts Receivable Credit Loss Expense Reversal Gross AccountsReceivableCreditLossExpenseReversalGross	0	usd
	mgni	Accounts Receivable Credit Loss Expense Reversal Gross AccountsReceivableCreditLossExpenseReversalGross	19300000	usd
CY2023Q3	mgni	Increase Decrease In Accounts Payable Seller IncreaseDecreaseInAccountsPayableSeller	200000	usd
	mgni	Increase Decrease In Accounts Payable Seller IncreaseDecreaseInAccountsPayableSeller	14800000	usd
CY2023Q3	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-200000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	4400000	usd
CY2022Q3	mgni	Accounts Receivable Credit Loss Expense Reversal Gross AccountsReceivableCreditLossExpenseReversalGross	500000	usd
	mgni	Accounts Receivable Credit Loss Expense Reversal Gross AccountsReceivableCreditLossExpenseReversalGross	-2200000	usd
CY2022Q3	mgni	Increase Decrease In Accounts Payable Seller IncreaseDecreaseInAccountsPayableSeller	100000	usd
	mgni	Increase Decrease In Accounts Payable Seller IncreaseDecreaseInAccountsPayableSeller	-1900000	usd
CY2022Q3	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	300000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-400000	usd
CY2023Q3	mgni	Accounts Payable Seller Current AccountsPayableSellerCurrent	1063131000	usd
CY2022Q4	mgni	Accounts Payable Seller Current AccountsPayableSellerCurrent	1057556000	usd
CY2023Q3	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	22595000	usd
CY2022Q4	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	19387000	usd
CY2023Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	15026000	usd
CY2022Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	15065000	usd
CY2023Q3	mgni	Indemnification Claim Accrual Current IndemnificationClaimAccrualCurrent	0	usd
CY2022Q4	mgni	Indemnification Claim Accrual Current IndemnificationClaimAccrualCurrent	2313000	usd
CY2023Q3	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	1100752000	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	1094321000	usd
CY2023Q3	us-gaap	Goodwill Goodwill	978200000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	978200000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	157166000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	540666000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	98533000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	287165000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	58633000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	253501000	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	29800000	usd
CY2022Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	38100000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	194900000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	115300000	usd
	mgni	Restructuring Impairments Settled Without Cash RestructuringImpairmentsSettledWithoutCash	3300000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	7622000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	30134000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	14445000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	6001000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	431000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	58633000	usd
	mgni	Restructuring Charges Merger And Acquisition Assumed Loss Contracts RestructuringChargesMergerAndAcquisitionAssumedLossContracts	2190000	usd
	mgni	Restructuring Charges Merger And Acquisition Assumed Loss Contracts RestructuringChargesMergerAndAcquisitionAssumedLossContracts	0	usd
	mgni	Restructuring Impairment Costs RestructuringImpairmentCosts	506000	usd
	mgni	Restructuring Impairment Costs RestructuringImpairmentCosts	0	usd
	mgni	Restructuring Reserve And Merger Related Costs Settled Without Cash RestructuringReserveAndMergerRelatedCostsSettledWithoutCash	143000	usd
	mgni	Restructuring Reserve And Merger Related Costs Settled Without Cash RestructuringReserveAndMergerRelatedCostsSettledWithoutCash	2004000	usd
	mgni	Restructuring Impairments Settled Without Cash RestructuringImpairmentsSettledWithoutCash	0	usd
	mgni	Restructuring Impairments Settled Without Cash RestructuringImpairmentsSettledWithoutCash	3320000	usd
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	0	usd
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	917000	usd
	mgni	Restructuring Charges And Business Combination Acquisition Related Costs RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts	7465000	usd
	mgni	Restructuring Charges And Business Combination Acquisition Related Costs RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts	7468000	usd
	mgni	Restructuring Charges And Business Combination Acquisition Related Costs RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts	7500000	usd
	mgni	Restructuring Charges And Business Combination Acquisition Related Costs RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts	7500000	usd
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	4672000	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	8.71
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	130000	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	10.59
	mgni	Sharebased Compensation Arrangementby Sharebased Payment Award Options Exercisesin Period Gross SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsExercisesinPeriodGross	392000	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	5.49
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod	144000	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice	21.08
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	4266000	shares
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	8.65
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P5Y7M6D
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	8281000	usd
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	3550000	shares
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	7.36
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P5Y1M6D
CY2023Q3	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	8026000	usd
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue	1200000	usd
CY2023Q3	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Nonvested SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested	1500000	usd
CY2023Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	17468000	usd
CY2022Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	17402000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	55462000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	50193000	usd
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized	6700286	shares
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized	8056129	shares
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	23056794	shares
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1000000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-600000	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-400000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-2500000	usd
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0	shares
CY2023Q3	us-gaap	Operating Lease Expense OperatingLeaseExpense	5900000	usd
CY2022Q3	us-gaap	Operating Lease Expense OperatingLeaseExpense	5900000	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	18800000	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	17000000	usd
CY2023Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	100000	usd
CY2022Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	300000	usd
CY2023Q3	us-gaap	Variable Lease Cost VariableLeaseCost	900000	usd
CY2022Q3	us-gaap	Variable Lease Cost VariableLeaseCost	700000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	400000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	900000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	2700000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	1900000	usd
CY2023Q3	us-gaap	Sublease Income SubleaseIncome	1300000	usd
CY2022Q3	us-gaap	Sublease Income SubleaseIncome	1300000	usd
CY2023Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0619
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0611
CY2023Q3	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y3M18D
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y7M6D
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	6576000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	23534000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	15232000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	12217000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	7664000	usd
CY2023Q3	mgni	Lessee Operating Lease Liability To Be Paid Due After Year Four LesseeOperatingLeaseLiabilityToBePaidDueAfterYearFour	22152000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	87375000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	12437000	usd
CY2023Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	74938000	usd
CY2023Q3	us-gaap	Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear	21268000	usd
CY2023Q3	us-gaap	Contractual Obligation Due In Next Twelve Months ContractualObligationDueInNextTwelveMonths	66454000	usd
CY2023Q3	us-gaap	Contractual Obligation Due In Second Year ContractualObligationDueInSecondYear	23667000	usd
CY2023Q3	us-gaap	Contractual Obligation ContractualObligation	111389000	usd
CY2023Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	3600000	usd
CY2022Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	3600000	usd
CY2023Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	601609000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	722757000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	900000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	3600000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	3600000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	278667000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	3600000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	336600000	usd
CY2023Q3	us-gaap	Long Term Debt LongTermDebt	626967000	usd
CY2023Q3	mgni	Amortization Of Debt Issuance Cost And Discount AmortizationOfDebtIssuanceCostAndDiscount	1400000	usd
	mgni	Amortization Of Debt Issuance Cost And Discount AmortizationOfDebtIssuanceCostAndDiscount	4500000	usd
CY2022Q3	mgni	Amortization Of Debt Issuance Cost And Discount AmortizationOfDebtIssuanceCostAndDiscount	1600000	usd
	mgni	Amortization Of Debt Issuance Cost And Discount AmortizationOfDebtIssuanceCostAndDiscount	4800000	usd
CY2023Q3	us-gaap	Other Amortization Of Deferred Charges OtherAmortizationOfDeferredCharges	100000	usd
	us-gaap	Other Amortization Of Deferred Charges OtherAmortizationOfDeferredCharges	300000	usd
CY2022Q3	us-gaap	Other Amortization Of Deferred Charges OtherAmortizationOfDeferredCharges	100000	usd
	us-gaap	Other Amortization Of Deferred Charges OtherAmortizationOfDeferredCharges	300000	usd
CY2021Q1	mgni	Debt Instruments Capped Calls Transaction Costs DebtInstrumentsCappedCallsTransactionCosts	39000000	usd
CY2021Q1	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	11400000	usd
CY2021Q2	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	27700000	usd
CY2023Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
FilingSummary.xml	Edgar Link	unprocessable
0001595974-23-000039-index-headers.html	Edgar Link	pending
0001595974-23-000039-index.html	Edgar Link	pending
0001595974-23-000039.txt	Edgar Link	pending
0001595974-23-000039-xbrl.zip	Edgar Link	pending
exhibit311q32023.htm	Edgar Link	pending
exhibit312q32023.htm	Edgar Link	pending
exhibit32q32023.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
mgni-20230930.htm	Edgar Link	pending
mgni-20230930.xsd	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
mgni-20230930_cal.xml	Edgar Link	unprocessable
mgni-20230930_def.xml	Edgar Link	unprocessable
mgni-20230930_lab.xml	Edgar Link	unprocessable
mgni-20230930_pre.xml	Edgar Link	unprocessable
mgni-20230930_htm.xml	Edgar Link	completed
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$MGNI
Magnite Inc Stock $mgni

2023 Q4 Form 10-Q Financial Statement

#000159597423000039 Filed on November 08, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGNI Magnite Inc Stock $mgni

2023 Q4 Form 10-Q Financial Statement

#000159597423000039 Filed on November 08, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGNI
Magnite Inc Stock $mgni