PubMatic, Inc.

Listed Company

PUBMCIK 0001422930NasdaqAcceleratedServices-Computer Programming, Data Processing, Etc.DelawareFY ends Dec 31

Period

FY 2025

Revenue

$282.93M

Net Income

$-14.46M

Total Assets

$680.20M

Equity

$262.59M

Shares Out

—

Op. Cash Flow

$81.06M

PUBM$13.56+6.99% · past yearDBEQ Basic

Daily closing prices

Business

PubMatic, Inc. is an artificial intelligence-powered supply-side platform connecting publishers, buyers, and demand-side platforms to facilitate digital advertising transactions. The platform delivers monetization solutions for publishers across display, video, mobile, app, and connected television channels. PubMatic generates revenue through platform usage fees charged to publishers as a percentage of advertising impressions, plus fees for value-added solutions including header bidding, data connectivity, and yield optimization. The company serves customers globally across major advertising markets outside China.

Summary from 10-K filed 2026-02-26

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	283	291	267	256	227
Cost of revenue	103	101	99	82	58
Gross profit	180	190	168	175	169
Technology and development	34	33	27	21	16
Sales and marketing	103	95	83	69	58
General and administrative	60	58	56	45	36
Total operating expenses	197	186	166	134	110
Operating income (loss)	−17	4	2	41	59
Interest income	5	8	9	2	—
Other income (expense), net	−4	5	−359,000	681,000	281,000
Total other income, net	1	14	8	−3	6
Income before provision for (benefit from) income taxes	−16	18	11	37	65
Provision for (benefit from) income taxes	−1	5	2	9	8
Net income (loss)	−14	13	9	29	57
Basic (in usd per share)	−0.31	0.25	0.17	0.55	1.13
Diluted (in usd per share)	−0.31	0.23	0.16	0.5	1
Basic (in shares)	47	49	52	52	50
Diluted (in shares)	47	54	56	57	57

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	146	100	79	92	83
Marketable securities	0	40	97	82	77
Accounts receivable, net	358	425	375	314	287
Prepaid expenses and other current assets	19	10	11	15	14
Total current assets	523	576	562	503	461
Property, equipment and software - net	53	59	61	71	—
Operating lease right-of-use assets	38	44	21	26	22
Acquisition-related intangible assets, net	3	4	6	8	0
Goodwill	30	30	30	30	6
Deferred income tax asset	31	25	14	1	515,000
Other assets, non-current	3	2	2	2	11
TOTAL ASSETS	680	740	695	642	550
Accounts payable	344	387	348	277	244
Accrued liabilities	25	26	26	19	19
Operating lease liabilities, current	7	6	6	6	4
Total current liabilities	376	419	380	302	267
Operating lease liabilities, non-current	37	40	16	21	18
Other liabilities, non-current	5	4	4	6	2
TOTAL LIABILITIES	418	462	399	330	293
Commitments and contingencies (Note 8)	—	—	—	—	—
Preferred stock, $0.0001 par value per share, 10,000 shares authorized as of December 31, 2025 and 2024; No shares issued and outstanding as of December 31, 2025 and 2024	0	0	0	0	0
Common stock, par value $0.0001 per share; 1,000,000 Class A shares authorized as of December 31, 2025 and 2024; 51,029 shares issued and 38,624 shares outstanding as of December 31, 2025; 48,177 shares issued and 39,860 shares outstanding as of December 31, 2024; 1,000,000 Class B shares authorized as of December 31, 2025 and 2024; 11,404 shares issued and 8,263 shares outstanding as of December 31, 2025; 11,382 shares issued and 8,241 outstanding as of December 31, 2024	7,000	6,000	6,000	6,000	6,000
Treasury stock, at cost; 15,546 and 11,458 shares as of December 31, 2025 and 2024, respectively	−193	−147	−71	−11	−11
Additional paid-in capital	321	275	230	196	169
Accumulated other comprehensive income (loss)	68,000	−636,000	−4,000	−9,000	−36,000
Retained earnings	135	149	137	128	99
TOTAL STOCKHOLDERS EQUITY	263	277	296	312	257
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	680	740	695	642	550

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	44	45	45	34	23
Stock-based compensation	38	38	29	21	14
Provision for doubtful accounts	0	0	6	0	0
Deferred income taxes	−14	−11	−13	−7	5
Accretion of discount on marketable securities	−822,000	−4	−4	−577,000	−45,000
Non-cash lease expense	7	7	6	6	2
Other	−1	−25,000	45,000	90,000	45,000
Accounts receivable	67	−49	−76	−24	−67
Prepaid expenses and other current assets	−16	−6	4	−2	−8
Accounts payable	−42	38	80	30	68
Accrued liabilities	16	10	3	−1	4
Operating lease liabilities	−3	−7	−6	−6	−2
Other liabilities, non-current	861,000	197,000	−893,000	2	−927,000
Net cash provided by operating activities	81	73	81	87	89
Purchases of and deposits on property and equipment	−14	−18	−11	−36	−30
Capitalized software development costs	−21	−21	−18	−13	−9
Purchases of marketable securities	−26	−142	−141	−138	−91
Proceeds from sales of marketable securities	27	0	19	0	0
Proceeds from maturities of marketable securities	40	203	111	133	33
Net cash provided by (used in) investing activities	6	22	−39	−81	−97
Payment of business combination indemnification claims holdback	0	−2	0	0	—
Proceeds from issuance of common stock for employee stock purchase plan	2	2	2	3	5
Proceeds from exercise of stock options	2	2	2	1	5
Principal payments on finance lease obligations	−140,000	−131,000	−126,000	−119,000	—
Payments to acquire treasury stock	−46	−75	−59	0	−52,000
Net cash used in financing activities	−43	−73	−56	4	9
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	44	22	−14	10	—
Effect of foreign currency on cash	666,000	−318,000	0	0	—
Stock-based compensation capitalized as internal use software costs	3	3	2	1	903,000
Property and equipment included in accounts payable and accrued expenses	1,000	618,000	203,000	749,000	49,000
Capitalized software costs included in accounts payable and accrued expenses	2	2	3	2	2
Business combination purchase consideration - indemnification claims holdback	—	0	2	2	0

Filings

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Frequently asked questions

What is PubMatic, Inc.'s CIK number?

PubMatic, Inc.'s SEC CIK number is 0001422930 (1422930). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find PubMatic, Inc.'s SEC filings?

All of PubMatic, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did PubMatic, Inc. last report earnings?

PubMatic, Inc. (PUBM) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001422930-26-000023). This is PubMatic, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is PubMatic, Inc.'s most recent earnings 8-K?

PubMatic, Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001422930-26-000023. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View PubMatic, Inc.'s latest earnings 8-K →
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