Pubmatic Inc Class A (PUBM) financials
Pubmatic revenue and earnings by year
Pubmatic's revenue was $283 million in the fiscal year to December 31, 2025, down 2.9% from the year before. Net income was -$14.5 million, -5.1% of revenue. Since the fiscal year to December 31, 2018, revenue has grown 16.1% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 8 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 283 | 291 | 267 | 256 | 227 | 149 | 114 | 99 |
| Revenue growth | -2.9% | 9.1% | 4.1% | 13.0% | 52.5% | 30.6% | 14.7% | — |
| Gross profit | 180 | 190 | 168 | 175 | 169 | 108 | 78 | 68 |
| Gross margin | 63.6% | 65.3% | 62.8% | 68.2% | 74.3% | 72.3% | 68.3% | 68.5% |
| Operating income | -17 | 4 | 2 | 41 | 59 | 32 | 9 | 5 |
| Operating margin | -6.1% | 1.3% | 0.8% | 15.8% | 25.9% | 21.3% | 7.5% | 5.0% |
| Net income | -14 | 13 | 9 | 29 | 57 | 27 | 7 | 4 |
| Net margin | -5.1% | 4.3% | 3.3% | 11.2% | 24.9% | 17.9% | 5.8% | 4.5% |
| Diluted EPS | -$0.31 | $0.23 | — | $0.50 | $1.00 | — | — | — |
| Free cash flow | 46 | 35 | 53 | 38 | 49 | -7 | 20 | 6 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open PUBM in Markets.
See also: PUBM valuation and P/E history · PUBM returns
No forecast, no recommendation. This page describes Pubmatic Inc Class A from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.