PubMatic, Inc. (NASDAQ:PUBM)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Loses money on what it sells.
- Revenue
- $289.2M
- Net income
- -$13.5M
- Net margin
- -4.7%
Little or no net debt.
- Total debt
- $40.9M
- Cash
- $120.0M
- Net debt / EBITDA
- -2.78x
Covers near-term obligations, without much room.
- Current assets
- $537.9M
- Current liabilities
- $422.1M
- Current ratio
- 1.27
The business funds itself from operations.
- Operating cash flow
- $88.0M
- Free cash flow
- $46.9M
- FCF margin
- 16.2%
Not funding itself by issuing shares.
- Shares outstanding
- 46.1M
- Share growth (1y)
- -2.3%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
PUBM Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 78.59 M | 62.57 M | 80.05 M | 67.96 M | 71.09 M | 63.83 M |
| Revenue Growth (YoY) | 10.55 % | -1.97 % | -6.38 % | -5.33 % | 5.69 % | -4.31 % |
| Cost of Revenue | 25.88 M | 26.09 M | 25.48 M | 25.40 M | 26.61 M | 25.59 M |
| Gross Profit | 52.72 M | 36.47 M | 54.56 M | 42.56 M | 44.48 M | 38.24 M |
| SG&A Expense | 42.99 M | 43.76 M | 39.72 M | 41.36 M | 40.83 M | 41.37 M |
| R&D Expense | 9.15 M | 7.99 M | 6.32 M | 9.62 M | 9.12 M | 8.77 M |
| Operating Expenses | 52.14 M | 51.31 M | 46.04 M | 50.98 M | 49.94 M | 50.14 M |
| Operating Income | 579.00 K | -14.84 M | 8.52 M | -8.42 M | -5.46 M | -11.90 M |
| Pretax Income | 1.88 M | -15.11 M | 9.60 M | -8.16 M | -6.07 M | -11.32 M |
| Tax Provision | 3.08 M | -2.60 M | 2.91 M | -1.71 M | -862.00 K | -1.84 M |
| Net Income | -1.20 M | -12.51 M | 6.68 M | -6.45 M | -5.21 M | -9.49 M |
| EPS (Basic) | -0.03 | -0.27 | 0.14 | -0.14 | -0.11 | -0.20 |
| EPS (Diluted) | -0.03 | -0.27 | 0.14 | -0.14 | -0.11 | -0.20 |
| Shares Outstanding | 46.11 M | 47.12 M | 46.60 M | 45.93 M | 47.19 M | 48.35 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.