Growth Metrics

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 🔒
DateValue
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