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Ratios

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

PubMatic (PUBM) reported Cost of Revenue of $26.1 million for Q1 2026, up 1.98% year-over-year from $25.6 million in Q1 2025, and up 2.92% on a QoQ basis from $25.4 million in Q4 2025.

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

  • Quarterly Cost of Revenue rose 1.98% year-over-year to $26.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $103.5 million (up 5.62% YoY) and the FY2025 annual result came in at $103.1 million, up 8.09% from the prior year.
  • Cost of Revenue grew to $26.1 million in Q1 2026 per PUBM's latest filing, from $25.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $36.8 million in Q4 2023 and bottomed at $16.1 million in Q3 2022.
  • The 5-year median for Cost of Revenue is $24.8 million (2024), against an average of $24.0 million.
  • The widest annual swing landed in 2023, when Cost of Revenue soared 62.19%; it then slumped 35.39% in 2024.
  • Tracing PUBM's Cost of Revenue over 5 years: stood at $23.0 million in 2022, then surged by 60.22% to $36.8 million in 2023, then tumbled by 35.39% to $23.8 million in 2024, then rose by 6.7% to $25.4 million in 2025, then increased by 2.92% to $26.1 million in 2026.
  • Per Business Quant, the three latest PUBM Cost of Revenue figures stand at $26.1 million (Q1 2026), $25.4 million (Q4 2025), and $25.4 million (Q3 2025).