PubMatic Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	289.17	282.93	291.26	267.01	256.38	226.91
Revenue Growth	-1.04%	-2.86%	9.08%	4.15%	12.99%	52.54%
Cost of Revenue	102.86	103.09	101.03	99.23	81.51	58.31
Gross Profit	186.31	179.84	190.23	167.79	174.87	168.6
Selling, General & Admin	167.83	163.28	153.04	139.02	113.5	93.92
Research & Development	33.07	33.82	33.26	26.73	20.85	15.89
Total Operating Expenses	200.9	197.1	186.3	165.75	134.35	109.81
Operating Income	-14.59	-17.26	3.93	2.04	40.52	58.79
Interest Income	4.91	5.46	8.48	8.83	2.21	0.3
Other Non-Operating Income (Expense)	-2.11	-4.15	5.37	-0.36	-5.27	5.71
Total Non-Operating Income (Expense)	2.8	1.31	13.85	8.47	-3.05	6.01
Pretax Income	-11.79	-15.95	17.77	10.51	37.47	64.8
Provision for Income Taxes	1.69	-1.49	5.27	1.62	8.76	8.2
Net Income	-13.48	-14.46	12.5	8.88	28.71	56.6
Net Income to Common	-13.48	-14.46	12.5	8.88	28.71	56.6
Net Income Growth	-	-	40.79%	-69.06%	-49.29%	112.69%
Shares Outstanding (Basic)	46	47	49	52	52	50
Shares Outstanding (Diluted)	47	47	54	56	57	57
Shares Change	-4.43%	-13.42%	-3.09%	-1.55%	0.49%	230.66%
EPS (Basic)	-0.30	-0.31	0.25	0.17	0.55	1.13
EPS (Diluted)	-0.30	-0.31	0.23	0.16	0.50	1.00
EPS Growth	-	-	43.75%	-68.00%	-50.00%	117.39%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	73.51	66.71	55.83	70.52	51.34	58.25
Free Cash Flow Growth	50.39%	19.49%	-20.83%	37.35%	-11.86%	37971.24%
Free Cash Flow Per Share	1.56	1.42	1.03	1.26	0.90	1.03
Gross Margin	64.43%	63.56%	65.31%	62.84%	68.21%	74.30%
Operating Margin	-5.05%	-6.10%	1.35%	0.76%	15.80%	25.91%
Profit Margin	-4.66%	-5.11%	4.29%	3.33%	11.20%	24.95%
FCF Margin	25.42%	23.58%	19.17%	26.41%	20.03%	25.67%
EBITDA	25.64	26.51	49.28	46.81	74.77	81.86
EBITDA Margin	8.87%	9.37%	16.92%	17.53%	29.16%	36.08%
EBIT	-14.59	-17.26	3.93	2.04	40.52	58.79
EBIT Margin	-5.05%	-6.10%	1.35%	0.76%	15.80%	25.91%
Effective Tax Rate	-14.33%	9.35%	29.65%	15.46%	23.39%	12.65%

SEC Filings: 10-K · 10-Q