PubMatic, Inc. (PUBM)

PubMatic Operating Metrics

Period Ending	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020
Ad Impressions Processed	314.70T	297.70T	280.40T	263.30T	243.10T	229.10T	222.10T	210.70T									-	-	-	-	-
Ad Impressions Processed Growth	29.45%	29.94%	26.25%	24.96%	19.05%	20.39%	28.53%	32.60%									-	-	-	-	-
Dollar-Based Net Retention Rate	98.00%	102.00%	102.00%	107.00%	112.00%	108.00%	106.00%	101.00%
Publishers	-	-	-	-	-	-	-	271.00	252.00	-	237.00	214.00	205.00	196.00	176.00	167.00	-	-	-	-	-
Publishers Growth	-	-	-	-	-	-	-	32.20%	28.57%	-	34.66%	28.14%	-	-	-	-	-	-	-	-	-

Operating Expense Breakdown

Period Ending	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020
Sales and Marketing	101.49M	99.46M	97.35M	95.37M	91.96M	87.78M	84.49M	82.80M
Sales and Marketing Growth	10.37%	13.31%	15.22%	15.18%	14.58%	14.25%	12.31%	20.77%
General and Administrative	60.00M	59.50M	58.21M	57.67M	56.28M	53.16M	57.67M	56.22M
General and Administrative Growth	6.60%	11.94%	0.93%	2.58%	3.20%	-2.72%	23.34%	25.10%
Technology and Development	35.34M	34.53M	34.08M	33.26M	32.28M	30.10M	28.17M	26.73M
Technology and Development Growth	9.47%	14.73%	20.96%	24.45%	25.11%	24.15%	24.70%	28.21%

Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.