PubMatic (PUBM) Cost of Revenue (2020 - 2026)

PubMatic (PUBM) has 7 years of Cost of Revenue data on file, last reported at $26.1 million in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $26.1 million, up 1.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $103.5 million (up 5.62% YoY), and the FY2025 annual result was $103.1 million, up 8.09% from the prior year.
• Cost of Revenue rose to $26.1 million in Q1 2026 per PUBM's latest filing, from $25.4 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $36.8 million in Q4 2023 and troughed at $16.1 million in Q3 2022.
• A 5-year average of $24.0 million and a median of $24.8 million in 2024 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue surged 62.19% in 2023, then plunged 35.39% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $23.0 million in 2022, then jumped by 60.22% to $36.8 million in 2023, then sank by 35.39% to $23.8 million in 2024, then advanced by 6.7% to $25.4 million in 2025, then gained by 2.92% to $26.1 million in 2026.
• Business Quant data shows PUBM's Cost of Revenue at $26.1 million in Q1 2026, $25.4 million in Q4 2025, and $25.4 million in Q3 2025.