PubMatic, Inc. (PUBM) — Financial statements
Income statement, balance sheet, and cash flow for PubMatic, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 283↓2.9% | 291↑9.1% | 267↑4.1% | 256↑13.0% | 227 | |
| Cost of Revenue | 103↑2.0% | 101↑1.8% | 99↑21.7% | 82↑39.8% | 58 | |
| Gross Profit | 180↓5.5% | 190↑13.4% | 168↓4.1% | 175↑3.7% | 169 | |
| Operating Expenses | ||||||
| R&D Expenses | 34↑1.7% | 33↑24.5% | 27↑28.2% | 21↑31.2% | 16 | |
| General & Administrative Expenses | 60↑4.6% | 58↑2.6% | 56↑25.1% | 45↑25.7% | 36 | |
| Selling & Marketing Expenses | 103↑7.9% | 95↑15.2% | 83↑20.8% | 69↑17.9% | 58 | |
| SG&A Expenses | 163↑6.7% | 153↑10.1% | 139↑22.5% | 114↑20.8% | 94 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 197↑5.8% | 186↑12.4% | 166↑23.4% | 134↑22.4% | 110 | |
| Total Costs & Expenses | 300↑4.5% | 287↑8.4% | 265↑22.8% | 216↑28.4% | 168 | |
| Operating Results | ||||||
| Operating Income | -17↓539.5% | 4↑92.9% | 2↓95.0% | 41↓31.1% | 59 | |
| Depreciation & Amortization | 44↓3.5% | 45↑1.3% | 45↑11.7% | 40↑155.7% | 16 | |
| EBITDA | 28↓43.6% | 49↑5.3% | 47↓39.6% | 78↑4.1% | 74 | |
| EBIT | -16↓506.3% | 4↑92.9% | 2↓94.6% | 37↓36.3% | 59 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00↓100.0% | 8↓4.0% | 9↑298.7% | 2↑638.0% | 0.30 | |
| Interest Income | 0.00↓100.0% | 8↓4.0% | 9↑298.7% | 2↑638.0% | 0.30 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | -1 | 0.00 | 0.00↓100.0% | 3 | 0.00 | |
| Other Income / Expenses | 1↓90.6% | 14↑63.5% | 8↑377.4% | -3↓150.8% | 6 | |
| Income Before Tax | -16↓189.8% | 18↑69.2% | 11↓72.0% | 37↓42.2% | 65 | |
| Income Tax Expense | -1↓128.3% | 5↑224.5% | 2↓81.5% | 9↑6.9% | 8 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -14↓215.7% | 13↑40.8% | 9↓69.1% | 29↓49.3% | 57 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -14↓215.7% | 13↑40.8% | 9↓69.1% | 29↓49.3% | 57 | |
| Bottom-Line Net Income | -14↓215.7% | 13↑40.8% | 9↓69.1% | 29↓49.3% | 57 | |
| EPS (Basic) | -0.31↓224.0% | 0.25↑47.1% | 0.17↓69.1% | 0.55↓51.3% | 1.13 | |
| EPS (Diluted) | -0.31↓234.8% | 0.23↑43.8% | 0.16↓68.0% | 0.50↓50.0% | 1.00 | |
| Weighted Average Shares | 47↓4.5% | 49↓4.9% | 52↓1.0% | 52↑4.2% | 50 | |
| Weighted Average Diluted Shares | 47↓13.4% | 54↓3.1% | 56↓1.5% | 57↑0.5% | 57 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.