How many employees does Magnit have?
Magnit LLC has approximately 5,442 total employees worldwide as of June 2026, according to Revelio Labs workforce intelligence data. Magnit’s total headcount has grown 0.7% from 5,404 employees in 2023 to 5,442 in 2026.
Is Magnit hiring right now?
Yes, Magnit is actively hiring. Magnit had 226 active job postings in 2026, a 6.4% increase from 2025 — see job openings & hiring trends.
About Magnit’s Workforce
Magnit LLC is a Consulting and Advisory Services company that employs 5,442 people worldwide as of June 2026. It is the 10th-largest by headcount among its peers. Founded in 1991, the company is headquartered in Folsom, California.
Magnit's workforce has grown 0.7% from 2023 to 2026, up 1.2% year over year in 2026. It fell to a low of 5,237 in 2025 Q1 before recovering. Its workforce is concentrated most in North America (47.6%), followed by South Asia (38.8%) and Northern Europe (5.8%).
Magnit's functional groups are Finance and Operations (41.1%), Engineering (30.0%), and Sales and Marketing (29.0%), with Finance and Operations growing fastest (up 2.4%). The average salary is $77,924, ranging from a median of $113,000 in North America to $11,000 in South Asia.
Magnit's active job postings rose 6.4% in 2026 to 226, with new postings per month cooling from 212 in 2023 to 163 in 2026. Overall employee sentiment is negative and declining.
Sourced from Revelio Labs workforce data.
- Headquarters
- Folsom, California
- Founded
- 1991
- Industry
- Consulting and Advisory Services
- Employees
- 5,442
- YoY
- +1.2% (+62)
As of June 2026
Magnit workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Magnit. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsMagnit Annual Employee Count (2023-2026)
Loading- Magnit had 5,442 employees in 2026, a 1.2% increase (+62) from 2025.
- Magnit had 5,346 employees in 2025, a 0.8% increase (+45) from 2024.
- Magnit had 5,301 employees in 2024, a 2.4% decline (-132) from 2023.
- Magnit had 5,433 employees in 2023, a 2.8% decline (-159) from 2022.
Magnit's total workforce has grown from 5,237 employees in 2025 to 5,442 in 2026. Magnit's headcount peaked at 5,490 in 2024 before declining in 2025 and recovering through 2026.
Magnit LLC quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q2 | 5,442 | +62 | +1.2% |
| 2026 | Q1 | 5,394 | +157 | +3.0% |
| 2025 | Q4 | 5,346 | +45 | +0.8% |
| 2025 | Q3 | 5,405 | -6 | -0.1% |
| 2025 | Q2 | 5,380 | -110 | -2.0% |
| 2025 | Q1 | 5,237 | -187 | -3.4% |
| 2024 | Q4 | 5,301 | -132 | -2.4% |
| 2024 | Q3 | 5,411 | +7 | +0.1% |
| 2024 | Q2 | 5,490 | +58 | +1.1% |
| 2024 | Q1 | 5,424 | -105 | -1.9% |
| 2023 | Q4 | 5,433 | -159 | -2.8% |
| 2023 | Q3 | 5,404 | +54 | +1.0% |
See Magnit's complete headcount history, including quarterly breakdowns.
Get the DataMagnit Employee Count by Region (2026)
LoadingNorth America accounts for the largest share of Magnit's global workforce with approximately 48% of total employees, followed by South Asia and Northern Europe.
Magnit employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 2,509 | 47.6% |
| South Asia | 2,044 | 38.8% |
| Northern Europe | 304 | 5.8% |
| Western Europe | 210 | 4.0% |
| Eastern Europe | 96 | 1.8% |
| Sub-Saharan Africa | 19 | 0.4% |
| Southeast Asia | 18 | 0.3% |
| Central America and the Caribbean | 11 | 0.2% |
| South America | 11 | 0.2% |
| Pacific Islands | 10 | 0.2% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataMagnit Employee Count by Department (2026)
LoadingMagnit's employee groups are Finance and Operations (41.1%), Engineering (30.0%), and Sales and Marketing (29.0%).
Magnit employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 2,232 | 41.1% |
| Engineering | 1,627 | 30.0% |
| Sales and Marketing | 1,572 | 29.0% |
Compare Magnit's department mix to industry peers.
See Full DataMagnit Employee Salary by Region (2026)
LoadingMagnit's average employee salary is $77,924 globally. Employees in North America receive the highest compensation, with median pay approximately 1.5x the global average. Pay is lowest in South Asia, at a median of $11,000.
Magnit median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| East Asia | $113,000 |
| North America | $113,000 |
| Pacific Islands | $98,000 |
| Northern Europe | $90,000 |
| Western Europe | $65,000 |
| Arab States | $54,000 |
| Central and Western Asia | $39,000 |
| Eastern Europe | $38,000 |
| Southeast Asia | $37,000 |
| Central America and the Caribbean | $29,000 |
| Southern Europe | $27,000 |
| South America | $19,000 |
| Sub-Saharan Africa | $13,000 |
| North Africa | $12,000 |
| South Asia | $11,000 |
Unlock salary by role, level, and city — and compare to Magnit's industry peers.
Unlock Salary DataMagnit Job Openings and Hiring Trends (2023-2026)
Loading- Magnit had 226 active job postings in 2026, a 6.4% increase (+45) from 2025.
- Magnit had 181 active job postings in 2025, a 11.1% increase (+19) from 2024.
- Magnit had 162 active job postings in 2024, a 28.2% increase (+40) from 2023.
- Magnit had 122 active job postings in 2023, a 61.0% decline from 2022.
- Hiring velocity in 2026: 163 new roles/month, down from 165 in 2025 and 196 in 2024.
Magnit's active job postings rose 6.4% in 2026 to 226, with new postings per month cooling from 212 in 2023 to 163 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataMagnit Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Magnit's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
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Frequently Asked Questions About Magnit
- How fast is Magnit growing?
- In 2026, Magnit's headcount grew 1.2% to 5,442 employees, up from 5,380 in 2025.
- See the full headcount history
- Where are Magnit employees located?
- Most Magnit employees are based in North America (47.6% of headcount), followed by South Asia and Northern Europe.
- Explore where the workforce is based
- How many people work at Magnit in North America?
- About 2,509 people work at Magnit in North America, its largest region.
- See headcount by region
- What is the average salary at Magnit?
- The average employee salary at Magnit is approximately $77.9k per year.
- Analyze the salary distribution
- How many new job postings does Magnit open per year?
- Through Q2 2026, Magnit opened 976 new job postings. In 2025, Magnit opened 1,977 new job postings — about 165 per month.
- Track hiring trends by role
- When was Magnit founded and where is it headquartered?
- Magnit was founded in 1991 and is headquartered in Folsom, California.
- Compare Magnit to industry peers
Speak with a workforce expert about Magnit.
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