PubMatic (PUBM)
Independent platform that lets publishers auction display, video, mobile, and CTV ad inventory to buyers.
$17.29
vs last close−0.48 (−2.73%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 64 | 85 | 67 | 67 | 72 | 86 | 64 | 71 | 68 | 80 | 63 | 79 |
| Cost of revenue | 26 | 24 | 25 | 25 | 26 | 25 | 26 | 27 | 25 | 25 | 26 | 26 |
| Gross profit | 38 | 60 | 41 | 42 | 46 | 61 | 38 | 44 | 43 | 55 | 36 | 53 |
| 38 | 40 | 47 | 46 | 48 | 46 | 50 | 50 | 51 | 46 | 51 | 52 | |
| Research & development | 7 | 7 | 8 | 9 | 9 | 8 | 9 | 9 | 10 | 6 | 8 | 9 |
| 32 | 39 | 39 | 37 | 39 | 38 | 41 | 41 | 41 | 40 | 44 | 43 | |
| Selling & marketing | 20 | 20 | 25 | 23 | 24 | 24 | 27 | 25 | 26 | 25 | 29 | 26 |
| General & administrative | 12 | 18 | 14 | 14 | 15 | 14 | 15 | 16 | 16 | 15 | 15 | 17 |
| Other expenses | 0 | −6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | −1 | 20 | −6 | −4 | −1 | 15 | −12 | −5 | −8 | 9 | −15 | 1 |
| 2 | 3 | 3 | 6 | 1 | 4 | 1 | −1 | 0 | 1 | 0 | 1 | |
| Interest income | 2 | 3 | 3 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Other non-operating income | 0 | −3 | −3 | −6 | −1 | −4 | −1 | 1 | 0 | −1 | 0 | −1 |
| Income before tax | 2 | 23 | −3 | 2 | 0 | 18 | −11 | −6 | −8 | 10 | −15 | 2 |
| Income tax expense | 0 | 4 | 0 | 0 | 1 | 5 | −2 | −1 | −2 | 3 | −3 | 3 |
| Net income from continuing operations | 2 | 19 | −2 | 2 | −1 | 14 | −9 | −5 | −6 | 7 | −13 | −1 |
| Net income | 2 | 19 | −2 | 2 | −1 | 14 | −9 | −5 | −6 | 7 | −13 | −1 |
| EPS, basic | $0.03 | $0.37 | −$0.05 | $0.04 | −$0.02 | $0.29 | −$0.20 | −$0.11 | −$0.14 | $0.14 | −$0.27 | −$0.03 |
| EPS, diluted | $0.03 | $0.34 | −$0.05 | $0.04 | −$0.02 | $0.26 | −$0.20 | −$0.11 | −$0.14 | $0.14 | −$0.27 | −$0.03 |
| Weighted average shares, basic | 52 | 51 | 50 | 50 | 49 | 48 | 48 | 47 | 46 | 47 | 47 | 46 |
| Weighted average shares, diluted | 56 | 55 | 50 | 56 | 49 | 53 | 48 | 47 | 46 | 49 | 47 | 46 |
| EBITDA | 11 | 34 | 9 | 14 | 11 | 30 | 0 | 6 | 2 | 19 | −5 | 22 |
| Depreciation & amortization | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 12 | 10 | 10 | 10 | 20 |
| EBIT | −1 | 23 | −3 | 2 | 0 | 18 | −11 | −6 | −8 | 10 | −15 | 2 |
