Magnite (FRA:15R) Total Operating Expense: €302.2 Mil (TTM As of Mar. 2026)


FRA:15R Magnite Inc FRA:15R
74 GF Score
Price €17.70
GF Value €12.30
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Magnite Total Operating Expense?

Magnite FRA:15R +0.25% 74 Total Operating Expense is €302.2 Mil as of Mar. 2026. GuruFocus rates FRA:15R with a GF Score™ of 74/100 and a GF Value™ of €12.30 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Magnite's Total Operating Expense for the three months ended in Mar. 2026 was €83.3 Mil. Magnite's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €302.2 Mil.

Magnite Total Operating Expense Related Terms

Magnite Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Magnite's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Magnite Total Operating Expense Chart

Magnite Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 274.04 354.21 327.69 342.12 298.53

Magnite Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 87.26 74.93 72.50 71.50 83.25
FRA:15R
74GF Score
Magnite Inc FRA:15R
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magnite Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €302.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of €302.2 Mil mean?
Magnite (FRA:15R) has a Total Operating Expense of €302.2 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Magnite and its competitors.
Is Magnite's Total Operating Expense too high?
Magnite's current Total Operating Expense is €302.2 Mil. Overall, Magnite has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magnite's Total Operating Expense compare to ZD and STGW?
Magnite's Total Operating Expense of €302.2 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Media - Diversified company?
A good Total Operating Expense depends on the Media - Diversified industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Magnite and its competitors. Magnite's current Total Operating Expense is €302.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnite stock overvalued right now?
Based on GuruFocus' analysis, Magnite (FRA:15R) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.30, compared to a current price of €17.70 — trading 43.9% above its estimated fair value. The current Total Operating Expense is €302.2 Mil. Magnite's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Magnite (FRA:15R), the current Total Operating Expense is €302.2 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Magnite (FRA:15R) Overvalued in 2026?

Based on GuruFocus' analysis, Magnite stock appears to be overvalued. The current stock price of €17.70 is trading 43.9% above its estimated GF Value™ of €12.30. GuruFocus considers Magnite to be Significantly Overvalued.

Key valuation signals for FRA:15R:

  • Total Operating Expense: €302.2 Mil
  • GF Value™: €12.30 vs. price of €17.70 (43.9% above fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the FRA:15R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Magnite Business Description

Address 1250 Broadway, 9th Floor, New York, NY, USA, 10001
Magnite is a supply-side advertising platform that provides technology and yield management solutions to content publishers, enabling them to monetize their digital advertising inventory. Magnite receives a percentage of all advertising inventory that it sells. 43% of Magnite's revenue is derived from connected television, or CTV, streaming platforms, 40% from mobile applications, and the remainder from general websites. Beyond the typical monetization responsibilities inherent to an SSP, Magnite also provides upstream advertising servers to CTV publishers, allowing them to have granular control over direct-sold, programmatic guaranteed, and open-auction logic. Magnite competes with other independent SSPs, supply path optimization solutions, and closed ecosystems like Meta.
74GF Score

Get the complete analysis for FRA:15R

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€17.70
Price
€12.30
GF Value