PubMatic, Inc.

PubMatic, Inc.

PUBMยทNASDAQ

$11.38

-5.5%
TechnologySoftware - Application

PubMatic, Inc. provides a cloud infrastructure platform that enables real-time programmatic advertising transactions for Internet content creators and advertisers worldwide. The company's solutions include Openwrap, a header bidding solution that provides enterprise-grade management and analytics tools; Openwrap OTT, a header bidding management solution for OTT; Openwrap SDK, a header bidding solution for in-app developers; private marketplace solutions; and media buyer consoles. In addition, it offers Real-Time Bidding (RTB) programmatic technologies, which provides various selling options across screens and ad formats; digital advertising inventory quality solutions to detect and filter out invalid traffic and other nefarious activity; Ad quality solutions targeting the reduction of security issues, quality issues, and performance issues; Identity Hub, an identity solution that allows for the use of any advertiser preferred user identifier in a scaled and privacy-compliant fashion; Audience Encore, an audience data platform; and cross-platform video, a sell side platform, which connects trusted video buyers to premium publishers. The company's platform supports an array of ad formats and digital device types, including mobile app, mobile web, desktop, display, video, over-the-top (OTT), connected television, and media. PubMatic, Inc. was incorporated in 2006 and is based in Redwood City, California.

At a Glance

Live Snapshot
Market Cap$531.48M
EPS-0.3100
P/E Ratio-36.71
Earnings Date08/10/2026
3Y-7.0%
5Y+233.0%
10Y+420.0%
3Y-107.0%
5Y-120.0%
10Y-148.0%
3Y-1159.0%
5Y-181.0%
10Y+435.0%
PUBM

PubMatic, Inc. Cash Conversion Engine

PUBM ยท NASDAQ
Net Income-14.46M
Depreciation & Amortization43.77M
Stock-Based Compensation38.38M
Change in Working Capital22.38M
Others5.48M
Capital Expenditures-14.35M
Free Cash Flow66.71M

Cash Flow Quality Analysis

FCF Conversion Rate

-461.3%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

17.7%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+91.2%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$22.38M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

PubMatic, Inc. Cash Flow Statement

PUBM โ€ข NASDAQ

PubMatic, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
OPERATING ACTIVITIES
-14.5M
12.5M
8.9M
28.7M
56.6M
26.6M
6.6M
4.4M
43.8M
45.4M
44.8M
34.2M
23.1M
15.7M
12.7M
12.3M
-14.5M
-11M
-13.4M
-7.2M
4.8M
2.9M
193K
-4K
38.4M
37.7M
28.9M
20.6M
14.1M
3.6M
2M
3.2M
5.5M
2.7M
7.8M
11.3M
-3.4M
363K
4.1M
436K
(0.0)
(14.2M)
(15.6M)
(9.2M)
(6.8M)
(2.7M)
(3M)
(769K)
22.4M
-13.8M
4.2M
-514K
-6.5M
-24.9M
9.6M
-4.7M
81.1M
73.4M
81.1M
87.2M
88.7M
24.3M
35.1M
15.6M
INVESTING ACTIVITIES
-14.3M
-17.6M
-10.6M
-35.9M
-30.4M
-24.2M
-15M
-9.7M
(0.0)
(0.0)
(0.0)
-28.1M
(0.0)
(0.0)
-500K
(4.5M)
-26M
-142M
-140.6M
-137.8M
-90.6M
-36.7M
-38M
-27M
67M
202.9M
129.9M
133.4M
33.2M
38.2M
31M
23.9M
-20.5M
-20.9M
-17.7M
-13M
-8.9M
-7.2M
500K
-4.5M
(6.1M)
(22.3M)
-39M
-81.4M
-96.7M
-29.9M
-22.1M
-12.7M
FINANCING ACTIVITIES
-42.6M
-75.3M
-59.3M
0.0
-858K
45.8M
-5K
-301K
-140K
-131K
-126K
-119K
-10K
0.0
0.0
-3M
-46.5M
-75.3M
-59.3M
(0.0)
-858K
-3K
-5K
-301K
0.0
2M
3.4M
4.2M
10.2M
6.7M
4K
-4M
-42.7M
-73.5M
-56M
4M
9.4M
52.5M
-1K
-8M
CASH FLOW SUMMARY
666K
-318K
0.0
0.0
0.0
0.0
0.0
0.0
45.1M
21.9M
-13.9M
9.9M
1.3M
46.9M
13M
-5.1M
100.5M
78.5M
92.4M
82.5M
81.2M
34.3M
21.2M
26.4M
145.5M
100.5M
78.5M
92.4M
82.5M
81.2M
34.3M
21.2M
66.7M
34.9M
52.8M
38.3M
49.3M
-7.1M
20.1M
5.9M

SEC Filings

PUBM - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

April 22, 2026
April 22, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 15, 2026
May 29, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 10, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 10, 2025
November 10, 2025
2025
8-K

8-K 2025

N/A

September 08, 2025
September 08, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 11, 2025
June 30, 2025
2025
Showing 1 to 10 of 73 filings