Magnite hints at potential future legal action against Google 

Magnite issued its latest financial results yesterday, revealing that it generated more than $173 million in revenue, a 6% increase year over year, during the three months ended June 30. 

However, it was Magnite CEO Michael Barrett’s unexpected remarks about what may happen in 2026, given developments of the ongoing Google antitrust trial, the one where its ad server and supply-side platform are in the dock, which caused investors’ ears to perk up. 

Understandably, for an audience of Wall Street equities analysts, the company was eager to champion its market positioning, particularly in CTV, due to its modular product stack, although it was a statement harking back to its roots in programmatic display advertising that stood out.

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