Pubmatic
PUBM
18.77
+0.20
+1.05%
Pubmatic
US · PUBM
#3372 by market cap
Listed 2020
18.77
+0.20
+1.05%
Live - 5344 symbols - heartbeat 217s ago
· 2026-10-08 10:09
Pre-market
18.94
+1.99%
After-hours
18.94
+1.99%
- Market cap
- 854.75M
- P/E (TTM)i
- -64.71
- P/Bi
- 3.58
- EPSi
- -0.31
- Div yieldi
- 0.00%
- 52W posi
- 95%
Reader sentiment
Are you bullish or bearish on PUBM?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 2.10, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -2.86% YoY
Margins
- Gross margin
- 63.56%
- Operating margin
- -6.10%
- Net margin
- -5.11%
Key ratios & quality
- Altman Z-Scorei
- 2.10
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 99.26M | 113.87M | 148.75M | 226.91M | 256.38M | 267.01M | 291.26M | 282.93M |
| Gross profit | 68.03M | 77.77M | 107.56M | 168.60M | 174.87M | 167.79M | 190.23M | 179.84M |
| Selling & admin expenses | 50.44M | 56.81M | 63.56M | 93.92M | 113.50M | 139.02M | 153.04M | 163.28M |
| Research & development | 12.62M | 12.45M | 12.25M | 15.89M | 20.85M | 26.73M | 33.26M | 33.82M |
| Operating profit | 4.97M | 8.51M | 31.76M | 58.79M | 40.52M | 2.04M | 3.93M | -17.26M |
| Pretax profit | 5.63M | 9.22M | 31.58M | 64.80M | 37.47M | 10.51M | 17.77M | -15.95M |
| Tax | 1.21M | 2.58M | 4.97M | 8.20M | 8.76M | 1.62M | 5.27M | -1.49M |
| Net profit | 4.43M | 6.64M | 26.61M | 56.60M | 28.71M | 8.88M | 12.50M | -14.46M |
| Basic EPS | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 |
| Diluted EPS | 0.09 | 0.14 | 0.46 | 1.00 | 0.50 | 0.16 | 0.23 | -0.31 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 63.83M | 71.10M | 67.96M | 80.05M | 62.57M | 78.59M |
| Gross profit | 38.24M | 44.48M | 42.56M | 54.56M | 36.47M | 52.72M |
| Selling & admin expenses | 41.37M | 40.83M | 41.36M | 39.72M | 43.76M | 42.99M |
| Research & development | 8.77M | 9.12M | 9.62M | 6.32M | 7.99M | 9.15M |
| Operating profit | -11.90M | -5.46M | -8.42M | 8.52M | -15.27M | 579.00K |
| Pretax profit | -11.32M | -6.07M | -8.16M | 9.60M | -15.11M | 1.88M |
| Tax | -1.84M | -862.00K | -1.71M | 2.91M | -2.60M | 3.08M |
| Net profit | -9.49M | -5.21M | -6.45M | 6.68M | -12.51M | -1.20M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.20 | -0.11 | -0.14 | 0.14 | -0.27 | -0.03 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 149.91M | 177.64M | 327.11M | 460.75M | 503.48M | 561.96M | 575.55M | 522.65M |
| Cash & ST investments | 35.51M | 55.45M | 100.98M | 159.63M | 174.40M | 175.34M | 140.59M | 145.52M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 178.22M | 207.45M | 371.25M | 550.22M | 642.18M | 695.24M | 739.52M | 680.20M |
| Total current liabilities | 90.46M | 110.50M | 191.58M | 266.97M | 302.03M | 379.59M | 418.81M | 375.85M |
| Short-term debt | -- | -- | -- | 3.86M | 5.68M | 6.24M | 5.84M | 6.95M |
| Long-term debt | -- | -- | -- | -- | -- | -- | -- | -- |
| Total liabilities | 154,573,000.00 | 175,125,000.00 | 195,819,000.00 | 293,035,000.00 | 329,987,000.00 | 399,044,000.00 | 462,256,000.00 | 417,606,000.00 |
| Total equity | 23.65M | 32.32M | 175.43M | 257.18M | 312.19M | 296.20M | 277.26M | 262.59M |
| Retained earnings | 9.44M | 16.08M | 42.69M | 99.30M | 128.00M | 136.88M | 149.39M | 134.92M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 505.27M | 512.96M | 520.45M | 522.65M | 504.18M | 537.87M |
| Cash & ST investments | 144.13M | 117.57M | 136.55M | 145.52M | 144.88M | 137.51M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 668.60M | 675.22M | 676.19M | 680.20M | 659.44M | 700.04M |
| Total current liabilities | 350.16M | 388.74M | 388.42M | 375.85M | 368.86M | 422.12M |
| Short-term debt | 6.24M | 6.39M | 6.33M | 6.95M | 7.60M | 7.84M |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 393,001,000.00 | 431,936,000.00 | 431,128,000.00 | 417,606,000.00 | 408,441,000.00 | 461,314,000.00 |
| Total equity | 275.60M | 243.28M | 245.06M | 262.59M | 251.00M | 238.73M |
| Retained earnings | 139.90M | 134.69M | 128.24M | 134.92M | 122.41M | 121.21M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 15.60M | 35.13M | 24.33M | 88.68M | 87.21M | 81.12M | 73.43M | 81.06M |
| Depreciation & amortization | 12.29M | 12.67M | 15.74M | 23.07M | 34.25M | 44.77M | 45.35M | 43.77M |
| Free cash flow | 5.94M | 20.13M | -7.07M | 49.32M | 38.32M | 52.83M | 34.90M | 46.20M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -301.00K | -5.00K | 45.81M | -858.00K | 0 | -59.27M | -75.33M | -46.50M |
| Ending cash balance | 21.22M | 34.25M | 81.19M | 82.51M | 92.38M | 78.51M | 100.45M | 145.52M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 15.62M | 14.91M | 32.37M | 18.16M | 17.30M | 20.21M |
| Depreciation & amortization | 11.68M | 11.86M | 10.46M | 9.77M | 9.99M | 10.01M |
| Free cash flow | 7.30M | 9.27M | 22.79M | 6.85M | 10.71M | 13.66M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -5.00M | -38.65M | -4.00M | 1.15M | -8.50M | -22.00M |
| Ending cash balance | 101.81M | 90.48M | 136.55M | 145.52M | 144.88M | 119.97M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 18.71 | 24.17 | 25.62 | 26.17 | 10.08 | 2.92 | 4.36 | -5.36 |
| ROA %i | 2.48 | 3.51 | 9.20 | 12.29 | 4.81 | 1.33 | 1.74 | -2.04 |
| ROIC %i | 15.80 | 20.85 | 25.18 | 23.67 | 8.75 | 0.43 | 2.04 | -6.17 |
| 5-year avg ROE %i | -- | -- | -- | -- | 20.86 | 17.71 | 13.83 | 7.63 |
| EBIT margin %i | 5.00 | 7.47 | 21.35 | 25.91 | 15.80 | 0.76 | 1.35 | -6.10 |
| FCF / sales %i | 5.98 | 17.68 | -- | 21.74 | 14.95 | 19.79 | 11.98 | 16.33 |
| Current ratioi | 1.66 | 1.61 | 1.71 | 1.73 | 1.67 | 1.48 | 1.37 | 1.39 |
| Quick ratioi | 1.60 | 1.57 | 1.67 | 1.67 | 1.62 | 1.45 | 1.35 | 1.34 |
| Debt / assetsi | -- | -- | 0.00 | 3.95 | 4.14 | 3.14 | 6.14 | 6.45 |
| LT debt / equityi | -- | -- | -- | 6.94 | 6.70 | 5.27 | 14.26 | 14.06 |
| Interest coveragei | -- | -- | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | 31.73 | 31.07 | 21.53 | 8.68 | 3.34 |
| Net income CAGR (3Y) %i | -- | -- | -- | 133.87 | 62.88 | -30.64 | -39.55 | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | 102.52 | 23.93 | -- | -10.89 | 6.44 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 1.94 | -0.65 | -2.85 | -5.36 | -6.64 | -5.59 |
| ROA %i | 0.85 | -0.25 | -1.06 | -2.04 | -2.63 | -1.96 |
| ROIC %i | 0.31 | -2.31 | -4.02 | -6.17 | -7.16 | -5.79 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -0.85 | -1.34 | -3.81 | -6.10 | -7.32 | -5.05 |
| FCF / sales %i | 8.99 | 9.68 | 16.72 | 16.33 | 17.61 | 18.68 |
| Current ratioi | 1.44 | 1.32 | 1.34 | 1.39 | 1.37 | 1.27 |
| Quick ratioi | 1.41 | 1.29 | 1.29 | 1.34 | 1.31 | 1.23 |
| Debt / assetsi | 6.71 | 6.70 | 6.59 | 6.45 | 6.43 | 5.80 |
| LT debt / equityi | 14.02 | 15.97 | 15.61 | 14.06 | 13.86 | 13.74 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Single segment100.00%
Quote time 2026-10-08 10:09:02 · For reference only, not investment advice and not tailored to your situation.