PubMatic (PUBM) Change in Receivables (2020 - 2026)
PubMatic (PUBM) reported Change in Receivables of -$21.3 million for Q1 2026, up 71.81% year-over-year from -$12.4 million in Q1 2025, and down 390.35% on a QoQ basis from -$4.4 million in Q4 2025.
PubMatic (PUBM) has 7 years of Change in Receivables data on file, last reported at -$21.3 million in Q1 2026.
- Quarterly Change in Receivables rose 71.81% year-over-year to -$21.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$12.2 million (down 126.65% YoY) and the FY2025 annual result came in at -$66.6 million, down 234.92% from the prior year.
- Change in Receivables eased to -$21.3 million in Q1 2026 per PUBM's latest filing, from -$4.4 million in the prior quarter.
- Across five years, Change in Receivables topped out at $84.1 million in Q4 2023 and bottomed at -$75.7 million in Q1 2025.
- The 5-year median for Change in Receivables is $19.5 million (2023), against an average of $3.6 million.
- The widest annual swing landed in 2023, when Change in Receivables surged 223.54%; it then tumbled 182.57% in 2025.
- Tracing PUBM's Change in Receivables over 5 years: stood at $37.0 million in 2022, then soared by 127.04% to $84.1 million in 2023, then tumbled by 42.89% to $48.0 million in 2024, then sank by 109.06% to -$4.4 million in 2025, then sank by 390.35% to -$21.3 million in 2026.
- Per Business Quant, the three latest PUBM Change in Receivables figures stand at -$21.3 million (Q1 2026), -$4.4 million (Q4 2025), and -$20.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -2.11 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 8.63 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 74.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | -912.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 18.55 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | -252.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 179.30 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | -342.00 Mn |
| 10 | PubMatic | 488.16 Mn | 343.29 Mn | 36.47 Mn | -21.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -21.34 Mn |
| Mar 31, 2026 | -21.34 Mn |
| Dec 31, 2025 | -4.35 Mn |
| Dec 31, 2025 | -4.35 Mn |
| Sep 30, 2025 | -20.81 Mn |
| Sep 30, 2025 | -20.81 Mn |
| Jun 30, 2025 | 34.28 Mn |
| Jun 30, 2025 | 34.28 Mn |
| Mar 31, 2025 | -75.69 Mn |
| Mar 31, 2025 | -75.69 Mn |
| Dec 31, 2024 | 48.02 Mn |
| Dec 31, 2024 | 48.02 Mn |
| Sep 30, 2024 | 25.20 Mn |
| Sep 30, 2024 | 25.20 Mn |
| Jun 30, 2024 | 48.30 Mn |
| Jun 30, 2024 | 48.30 Mn |
| Mar 31, 2024 | -72.18 Mn |
| Mar 31, 2024 | -72.18 Mn |
| Dec 31, 2023 | 84.08 Mn |
| Dec 31, 2023 | 84.08 Mn |
| Sep 30, 2023 | 33.38 Mn |
| Sep 30, 2023 | 33.38 Mn |
| Jun 30, 2023 | 19.55 Mn |
| Jun 30, 2023 | 19.55 Mn |
| Mar 31, 2023 | -61.29 Mn |
| Mar 31, 2023 | -61.29 Mn |
| Dec 31, 2022 | 37.03 Mn |
| Dec 31, 2022 | 37.03 Mn |
| Sep 30, 2022 | 10.32 Mn |
| Sep 30, 2022 | 10.32 Mn |
| Jun 30, 2022 | 45.62 Mn |
| Jun 30, 2022 | 45.62 Mn |
| Mar 31, 2022 | -68.56 Mn |
| Mar 31, 2022 | -68.56 Mn |
| Dec 31, 2021 | 58.53 Mn |
| Dec 31, 2021 | 58.53 Mn |
| Sep 30, 2021 | 32.96 Mn |
| Sep 30, 2021 | 32.96 Mn |
| Jun 30, 2021 | 22.36 Mn |
| Jun 30, 2021 | 22.36 Mn |
| Mar 31, 2021 | -46.44 Mn |
| Mar 31, 2021 | -46.44 Mn |
| Dec 31, 2020 | 78.99 Mn |
| Dec 31, 2020 | 78.99 Mn |
| Sep 30, 2020 | 48.90 Mn |
| Sep 30, 2020 | 48.90 Mn |
| Jun 30, 2020 | 6.79 Mn |
| Jun 30, 2020 | 6.79 Mn |
| Mar 31, 2020 | -32.51 Mn |
| Mar 31, 2020 | -32.51 Mn |