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

PubMatic (PUBM) has reported Cost of Revenue for 7 consecutive years, with $25.9 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Cost of Revenue fell 2.76% year-over-year to $25.9 million in Q2 2026; TTM through Jun 2026 was $102.9 million, a 0.21% change from a year earlier, with the FY2025 full-year figure at $103.1 million, up 2.04% from the prior year.
• Cost of Revenue was $25.9 million for Q2 2026 at PubMatic, down from $26.1 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $26.6 million in Q2 2025 and troughed at $18.0 million in Q1 2022.
• A 5-year average of $24.3 million and a median of $25.3 million in 2024 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue surged 46.28% in 2022 and retreated 2.76% in 2026, its largest moves.
• Over 5 years, Cost of Revenue stood at $23.0 million in 2022, then advanced by 5.46% to $24.2 million in 2023, then gained by 3.0% to $24.9 million in 2024, then grew by 2.19% to $25.5 million in 2025, then rose by 1.55% to $25.9 million in 2026.
• The last three Cost of Revenue figures came in at $25.9 million (Q2 2026), $26.1 million (Q1 2026), and $25.5 million (Q4 2025), per Business Quant data.