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% quarter-over-quarter from -$4.4 million in Q4 2025.

PubMatic (PUBM) Change in Receivables (2020 - 2026) Analysis & Trends

PubMatic (PUBM) has 7 years of Change in Receivables data on file, last reported at -$21.3 million in Q1 2026.

  • Change in Receivables for Q1 2026 came in at -$21.3 million, up 71.81% year-over-year; the trailing twelve-month figure through Mar 2026 was -$12.2 million (down 126.65% YoY), and the FY2025 annual result was -$66.6 million, down 234.92% from the prior year.
  • Change in Receivables slipped to -$21.3 million in Q1 2026 per PUBM's latest filing, from -$4.4 million in the prior quarter.
  • Over five years, Change in Receivables peaked at $84.1 million in Q4 2023 and troughed at -$75.7 million in Q1 2025.
  • A 5-year average of $3.6 million and a median of $19.5 million in 2023 frame the typical range for Change in Receivables.
  • The sharpest annual moves came in 2023 and 2025: Change in Receivables jumped 223.54% in 2023, then sank 182.57% in 2025.
  • A 5-year view of Change in Receivables shows it stood at $37.0 million in 2022, then surged by 127.04% to $84.1 million in 2023, then sank by 42.89% to $48.0 million in 2024, then tumbled by 109.06% to -$4.4 million in 2025, then tumbled by 390.35% to -$21.3 million in 2026.
  • Business Quant data shows PUBM's Change in Receivables at -$21.3 million in Q1 2026, -$4.4 million in Q4 2025, and -$20.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Receivables (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -2.11 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 74.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn -9.43 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 18.55 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn -912.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 179.30 Mn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn -116.00 Mn
10 PubMatic 542.59 Mn 397.71 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