PubMatic financials
$18.80+2.12%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $282.9M | $291.3M | $267.0M | $256.4M | $226.9M | $148.7M |
| Gross profit | $179.8M | $190.2M | $167.8M | $174.9M | $168.6M | $107.6M |
| Gross margin | 63.6% | 65.3% | 62.8% | 68.2% | 74.3% | 72.3% |
| Operating income | -$17.3M | $3.9M | $2.0M | $40.5M | $58.8M | $31.8M |
| Net income | -$14.5M | $12.5M | $8.9M | $28.7M | $56.6M | $6.4M |
| Net margin | −5.1% | 4.3% | 3.3% | 11.2% | 24.9% | 4.3% |
| Diluted EPS | $-0.31 | $0.23 | $0.16 | $0.50 | $1.00 | $0.46 |
| EBITDA | $26.5M | $49.3M | $46.8M | $74.8M | $81.9M | $47.5M |
| Operating cash flow | $81.1M | $73.4M | $81.1M | $87.2M | $88.7M | $24.3M |
| Free cash flow | $66.7M | $55.8M | $70.5M | $51.3M | $58.2M | $153.0K |
| Diluted shares | 47.0M | 54.3M | 56.0M | 56.9M | 56.6M | 17.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $145.5M | $100.5M | $78.5M | $92.4M | $82.5M | $81.2M |
| Short-term investments | $0.00 | $40.1M | $96.8M | $82.0M | $77.1M | $19.8M |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $680.2M | $739.5M | $695.2M | $642.2M | $550.2M | $371.2M |
| Total liabilities | $417.6M | $462.3M | $399.0M | $330.0M | $293.0M | $195.8M |
| Shareholders' equity | $262.6M | $277.3M | $296.2M | $312.2M | $257.2M | $175.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology