PubMatic (PUBM) Change in Receivables (2020 - 2026)

PubMatic (PUBM) posted quarterly 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 reported Change in Receivables for 7 consecutive years, with -$21.3 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Change in Receivables rose 71.81% year-over-year to -$21.3 million; the TTM figure through Mar 2026 stood at -$12.2 million (down 126.65% YoY), while the FY2025 annual figure was -$66.6 million, down 234.92% from the prior year.
  • Change in Receivables fell 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.
  • Historically, Change in Receivables has averaged $3.6 million across 5 years, with a median of $19.5 million in 2023.
  • Annual changes were most pronounced in 2023 — Change in Receivables jumped 223.54% — and 2025, when it sank 182.57%.
  • PubMatic's Change in Receivables stood at $37.0 million in 2022, then soared by 127.04% to $84.1 million in 2023, then slumped by 42.89% to $48.0 million in 2024, then plunged by 109.06% to -$4.4 million in 2025, then plunged 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 in Receivables (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -260.37 Mn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn -
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn -9.43 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 425.00 Mn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 441.00 Mn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -747.22 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn -34.40 Mn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn -116.00 Mn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn -342.00 Mn
10 PubMatic 798.71 Mn 661.20 Mn 52.72 Mn 46.29 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 46.29 Mn
Jun 30, 2026 46.29 Mn
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