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.

• On a quarterly basis, Cost of Revenue rose 1.98% year-over-year to $26.1 million in Q1 2026; TTM through Mar 2026 was $103.6 million, a 2.37% increase from a year earlier, with the FY2025 full-year figure at $103.1 million, up 2.04% from the prior year.
• Cost of Revenue for Q1 2026 stood at $26.1 million, up from $25.5 million in the prior quarter.
• Over the last five years, Cost of Revenue for PUBM reached as high as $26.6 million in Q2 2025 and fell as low as $18.0 million in Q1 2022.
• Historically, Cost of Revenue has averaged $24.2 million across 5 years, with a median of $25.2 million in 2024.
• Across the five-year window, Cost of Revenue jumped 46.28% in 2022 and dropped 2.23% in 2024, its largest moves.
• Year by year, Cost of Revenue stood at $23.0 million in 2022, then rose by 5.46% to $24.2 million in 2023, then increased by 3.0% to $24.9 million in 2024, then advanced by 2.19% to $25.5 million in 2025, then gained by 2.4% to $26.1 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $26.1 million in Q1 2026, $25.5 million in Q4 2025, and $25.4 million in Q3 2025.