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Side-by-side financial comparison of MAGNITE, INC. (MGNI) and STAG Industrial, Inc. (STAG). Click either name above to swap in a different company.
STAG Industrial, Inc. is the larger business by last-quarter revenue ($224.2M vs $205.4M, roughly 1.1× MAGNITE, INC.). MAGNITE, INC. runs the higher net margin — 59.9% vs 27.6%, a 32.3% gap on every dollar of revenue. On growth, STAG Industrial, Inc. posted the faster year-over-year revenue change (9.1% vs 5.9%). Over the past eight quarters, MAGNITE, INC.'s revenue compounded faster (17.3% CAGR vs 8.7%).
Magnite Inc. is an American online advertising technology firm based in Los Angeles, California. The company was formed following a merger between Rubicon Project and Telaria in 2020.
Stag Arms is a firearms manufacturer founded in May 2003 and located in Cheyenne, Wyoming. Stag Arms is a manufacturer of the AR-15 type rifle, marketed as Stag-15 rifles. Stag advertises that all their weapons and accessories are made in the United States. They are best known for their left-handed AR-15 rifles, which use a mirror imaged upper receiver and have the ejection port reversed for left-handed shooters and the safety selector control on the right side of the lower receiver.
MGNI vs STAG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $205.4M | $224.2M |
| Net Profit | $123.0M | $62.0M |
| Gross Margin | 66.2% | — |
| Operating Margin | 25.3% | — |
| Net Margin | 59.9% | 27.6% |
| Revenue YoY | 5.9% | 9.1% |
| Net Profit YoY | 238.0% | -32.2% |
| EPS (diluted) | $0.81 | $0.32 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $224.2M | ||
| Q4 25 | $205.4M | $220.9M | ||
| Q3 25 | $179.5M | $211.1M | ||
| Q2 25 | $173.3M | $207.6M | ||
| Q1 25 | $155.8M | $205.6M | ||
| Q4 24 | $194.0M | $199.3M | ||
| Q3 24 | $162.0M | $190.7M | ||
| Q2 24 | $162.9M | $189.8M |
| Q1 26 | — | $62.0M | ||
| Q4 25 | $123.0M | $83.5M | ||
| Q3 25 | $20.1M | $48.6M | ||
| Q2 25 | $11.1M | $50.0M | ||
| Q1 25 | $-9.6M | $91.4M | ||
| Q4 24 | $36.4M | $51.0M | ||
| Q3 24 | $5.2M | $41.9M | ||
| Q2 24 | $-1.1M | $59.8M |
| Q1 26 | — | — | ||
| Q4 25 | 66.2% | — | ||
| Q3 25 | 61.4% | — | ||
| Q2 25 | 62.5% | — | ||
| Q1 25 | 59.7% | — | ||
| Q4 24 | 65.1% | — | ||
| Q3 24 | 61.4% | — | ||
| Q2 24 | 61.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | 25.3% | — | ||
| Q3 25 | 14.0% | — | ||
| Q2 25 | 12.7% | — | ||
| Q1 25 | -0.9% | — | ||
| Q4 24 | 20.7% | — | ||
| Q3 24 | 9.3% | — | ||
| Q2 24 | 5.9% | — |
| Q1 26 | — | 27.6% | ||
| Q4 25 | 59.9% | 37.8% | ||
| Q3 25 | 11.2% | 23.0% | ||
| Q2 25 | 6.4% | 24.1% | ||
| Q1 25 | -6.2% | 44.5% | ||
| Q4 24 | 18.8% | 25.6% | ||
| Q3 24 | 3.2% | 21.9% | ||
| Q2 24 | -0.7% | 31.5% |
| Q1 26 | — | $0.32 | ||
| Q4 25 | $0.81 | — | ||
| Q3 25 | $0.13 | — | ||
| Q2 25 | $0.08 | — | ||
| Q1 25 | $-0.07 | — | ||
| Q4 24 | $0.26 | — | ||
| Q3 24 | $0.04 | — | ||
| Q2 24 | $-0.01 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $553.4M | $8.9M |
| Total DebtLower is stronger | $556.1M | — |
| Stockholders' EquityBook value | $922.4M | $3.6B |
| Total Assets | $3.2B | $7.2B |
| Debt / EquityLower = less leverage | 0.60× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $8.9M | ||
| Q4 25 | $553.4M | $14.9M | ||
| Q3 25 | $482.1M | $17.3M | ||
| Q2 25 | $426.0M | $15.4M | ||
| Q1 25 | $429.7M | $9.3M | ||
| Q4 24 | $483.2M | $36.3M | ||
| Q3 24 | $387.2M | $70.0M | ||
| Q2 24 | $326.5M | $33.3M |
| Q1 26 | — | — | ||
| Q4 25 | $556.1M | $3.3B | ||
| Q3 25 | $556.3M | $3.1B | ||
| Q2 25 | $556.4M | $3.0B | ||
| Q1 25 | $556.6M | $3.0B | ||
| Q4 24 | $553.7M | $3.0B | ||
| Q3 24 | $553.8M | $2.9B | ||
| Q2 24 | $552.7M | $2.8B |
| Q1 26 | — | $3.6B | ||
| Q4 25 | $922.4M | $3.6B | ||
| Q3 25 | $808.0M | $3.4B | ||
| Q2 25 | $768.5M | $3.4B | ||
| Q1 25 | $741.8M | $3.5B | ||
| Q4 24 | $768.2M | $3.5B | ||
| Q3 24 | $725.9M | $3.3B | ||
| Q2 24 | $713.0M | $3.3B |
| Q1 26 | — | $7.2B | ||
| Q4 25 | $3.2B | $7.2B | ||
| Q3 25 | $2.9B | $6.9B | ||
| Q2 25 | $2.9B | $6.8B | ||
| Q1 25 | $2.7B | $6.8B | ||
| Q4 24 | $2.9B | $6.8B | ||
| Q3 24 | $2.7B | $6.6B | ||
| Q2 24 | $2.6B | $6.4B |
| Q1 26 | — | — | ||
| Q4 25 | 0.60× | 0.91× | ||
| Q3 25 | 0.69× | 0.91× | ||
| Q2 25 | 0.72× | 0.88× | ||
| Q1 25 | 0.75× | 0.87× | ||
| Q4 24 | 0.72× | 0.88× | ||
| Q3 24 | 0.76× | 0.89× | ||
| Q2 24 | 0.78× | 0.84× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $128.5M | — |
| Free Cash FlowOCF − Capex | $103.1M | — |
| FCF MarginFCF / Revenue | 50.2% | — |
| Capex IntensityCapex / Revenue | 12.4% | 3.9% |
| Cash ConversionOCF / Net Profit | 1.04× | — |
| TTM Free Cash FlowTrailing 4 quarters | $165.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $128.5M | $104.5M | ||
| Q3 25 | $86.6M | $143.5M | ||
| Q2 25 | $18.5M | $111.9M | ||
| Q1 25 | $2.6M | $103.5M | ||
| Q4 24 | $114.7M | $104.9M | ||
| Q3 24 | $91.3M | $128.0M | ||
| Q2 24 | $89.6M | $122.2M |
| Q1 26 | — | — | ||
| Q4 25 | $103.1M | $43.8M | ||
| Q3 25 | $68.4M | $95.5M | ||
| Q2 25 | $6.0M | $62.3M | ||
| Q1 25 | $-11.8M | $57.2M | ||
| Q4 24 | $111.0M | $37.6M | ||
| Q3 24 | $77.3M | $86.7M | ||
| Q2 24 | $80.4M | $105.0M |
| Q1 26 | — | — | ||
| Q4 25 | 50.2% | 19.8% | ||
| Q3 25 | 38.1% | 45.2% | ||
| Q2 25 | 3.5% | 30.0% | ||
| Q1 25 | -7.6% | 27.8% | ||
| Q4 24 | 57.2% | 18.8% | ||
| Q3 24 | 47.7% | 45.5% | ||
| Q2 24 | 49.4% | 55.3% |
| Q1 26 | — | 3.9% | ||
| Q4 25 | 12.4% | 27.4% | ||
| Q3 25 | 10.2% | 22.7% | ||
| Q2 25 | 7.2% | 23.9% | ||
| Q1 25 | 9.2% | 22.5% | ||
| Q4 24 | 1.9% | 33.8% | ||
| Q3 24 | 8.7% | 21.6% | ||
| Q2 24 | 5.6% | 9.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.04× | 1.25× | ||
| Q3 25 | 4.32× | 2.95× | ||
| Q2 25 | 1.66× | 2.24× | ||
| Q1 25 | — | 1.13× | ||
| Q4 24 | 3.15× | 2.06× | ||
| Q3 24 | 17.52× | 3.06× | ||
| Q2 24 | — | 2.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MGNI
| Connected Television | $103.4M | 50% |
| Other | $55.7M | 27% |
| Desktop | $28.9M | 14% |
| Gross Revenue | $17.4M | 8% |
STAG
Segment breakdown not available.
