PubMatic (PUBM) Cost of Revenue (2020 - 2026)
PubMatic's Cost of Revenue was $25.88 million in Q2 2026, down 2.8% from $26.61 million a year earlier and down 0.8% from the prior quarter.
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PubMatic (PUBM) Cost of Revenue (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, PubMatic's Cost of Revenue was $102.86 million through Jun 30, 2026, up 0.2% year-over-year; for FY2025, it was $103.09 million, up 2.0% from FY2024.
- Cost of Revenue has now increased for six consecutive years, with a five-year compound annual growth rate of 20.1% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $101.03 million in FY2024 (+1.8%), $99.23 million in FY2023 (+21.7%), $81.51 million in FY2022 (+39.8%) and $58.31 million in FY2021 (+41.6%).
- Quarterly Cost of Revenue has moved between $16.02 million (Q3 2021) and $26.61 million (Q2 2025) over five years.
- Compared with a year earlier, Cost of Revenue was higher in five of the last eight quarters, with growth averaging 1.0%.
- The best year-over-year quarter for Cost of Revenue over five years was Q3 2021 (growth of 52.7%); the worst was Q2 2026 (a decline of 2.8%).
- Per Business Quant data, PUBM's Cost of Revenue in the three quarters before Q2 2026 was $26.09 million (Q1 2026), $25.48 million (Q4 2025) and $25.4 million (Q3 2025).
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PubMatic Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PUBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "PUBM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PUBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();