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# Magnite Q3 net income jumps 70% to $34m as political ads nearly triple forecast
- URL: https://www.medianexis.com/magnite-q3-net-income-jumps-70-to-34m-as-political-ads-nearly-triple-forecast/
- Published: 2026-11-08T15:32:34.000Z
- Updated: 2026-11-08T15:32:34.000Z
- Description: PPC Land’s Luis Rijo reports Magnite’s Q3 net income rose 70% to $34.0 million, with contribution ex-TAC up 20% to $200.6 million, beating guidance, as CTV grew 39% to reach 53% of the total and political ad spend neared $12 million.
- Author: Medianexis Signals Desk
- Tags: Ad-tech, Earnings, Luis Rijo, Magnite Q3 earnings: net income, political ads

*Signal from* [*ppc.land*](https://ppc.land/?ref=medianexis.com) *·* [*Luis Rijo*](https://www.medianexis.com/tag/by-luis-rijo/) *·* [*read the original*](https://ppc.land/magnite-net-income-gains-70-to-34m-as-political-ads-near-3x-forecast/?ref=medianexis.com)*.*