PubMatic, Inc. (PUBM)

PubMatic Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-14.46	12.5	8.88	28.71	56.6
Depreciation & Amortization	43.77	45.35	44.77	34.25	23.07
Stock-Based Compensation	38.38	37.68	28.86	20.65	14.11
Other Adjustments	-9.01	-8.33	-5.63	4.13	1.36
Change in Receivables	66.57	-49.35	-75.72	-24.41	-67.41
Changes in Accounts Payable	-42.4	38.1	79.69	29.76	68.3
Changes in Accrued Expenses	16.18	9.63	3.04	-1.02	3.53
Changes in Other Operating Activities	-17.98	-12.16	-2.76	-4.85	-10.89
Operating Cash Flow	81.06	73.43	81.12	87.21	88.68
Operating Cash Flow Growth	10.40%	-9.49%	-6.98%	-1.66%	264.49%
Capital Expenditures	-14.35	-17.59	-10.6	-35.87	-30.43
Purchases of Intangible Assets	-20.51	-20.94	-17.69	-13.02	-8.93
Purchases of Investments	-26.03	-142.02	-140.6	-137.79	-90.56
Proceeds from Sale of Investments	66.95	202.86	129.87	133.4	33.2
Payments for Business Acquisitions	-	-	-	-28.09	-
Investing Cash Flow	6.07	22.31	-39.02	-81.37	-96.72
Issuance of Common Stock	3.91	4.13	3.42	4.16	9.42
Repurchase of Common Stock	-46.5	-75.33	-59.27	-	-0.05
Net Common Stock Issued (Repurchased)	-42.59	-71.2	-55.85	4.16	9.37
Other Financing Activities	-0.14	-2.28	-0.13	-0.12	-0.01
Financing Cash Flow	-42.73	-73.48	-55.98	4.04	9.36
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.67	-0.32	-	-	-
Net Cash Flow	44.4	22.26	-13.87	9.88	1.32
Free Cash Flow	66.71	55.83	70.52	51.34	58.25
Free Cash Flow Growth	19.49%	-20.83%	37.35%	-11.86%	37971.24%
FCF Margin	23.58%	19.17%	26.41%	20.03%	25.67%
Free Cash Flow Per Share	1.42	1.03	1.26	0.90	1.03
Levered Free Cash Flow	-29.23	75.83	123.01	50.98	110.19
Unlevered Free Cash Flow	-30.41	66.09	115.85	53.32	104.93

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q