PubMatic (PUBM) EBITDA Margin (2020 - 2026)
PubMatic (PUBM) posted quarterly EBITDA Margin of 24.41% for Q1 2026, down 576.0% year-over-year from 5.13% in Q1 2025, and down 329.23% quarter-over-quarter from 10.65% in Q4 2025.
PubMatic (PUBM) EBITDA Margin (2020 - 2026) Analysis & Trends
PubMatic (PUBM) has reported EBITDA Margin for 7 consecutive years, with 24.41% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA Margin fell 576.0% year-over-year to 24.41%; the TTM figure through Mar 2026 stood at 7.32% (down 647.0% YoY), while the FY2025 annual figure was 6.1%, down 745.0% from the prior year.
- EBITDA Margin slipped to 24.41% in Q1 2026 per PUBM's latest filing, from 10.65% in the prior quarter.
- Across five years, EBITDA Margin topped out at 24.13% in Q4 2023 and bottomed at 24.41% in Q1 2026.
- Historically, EBITDA Margin has averaged 0.15% across 5 years, with a median of 1.9% in 2024.
- Annual changes were most pronounced in 2023 — EBITDA Margin slumped 2766 bps — and 2024, when it surged 1098 bps.
- PubMatic's EBITDA Margin stood at 22.24% in 2022, then climbed by 8 bps to 24.13% in 2023, then decreased by 28 bps to 17.31% in 2024, then tumbled by 38 bps to 10.65% in 2025, then plunged by 329 bps to 24.41% in 2026.
- Business Quant data shows PUBM's EBITDA Margin at 24.41% in Q1 2026, 10.65% in Q4 2025, and 12.39% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 27.70% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 13.62% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 21.08% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 13.32% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 4.06% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -23.45% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -33.33% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 33.82% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 46.97% |
| 10 | PubMatic | 798.71 Mn | 661.20 Mn | 52.72 Mn | 0.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.74% |
| Mar 31, 2026 | -24.41% |
| Dec 31, 2025 | 10.65% |
| Sep 30, 2025 | -12.39% |
| Jun 30, 2025 | -7.68% |
| Mar 31, 2025 | -18.65% |
| Dec 31, 2024 | 17.31% |
| Sep 30, 2024 | -1.90% |
| Jun 30, 2024 | -5.92% |
| Mar 31, 2024 | -8.28% |
| Dec 31, 2023 | 24.13% |
| Sep 30, 2023 | -0.90% |
| Jun 30, 2023 | -11.26% |
| Mar 31, 2023 | -19.26% |
| Dec 31, 2022 | 22.24% |
| Sep 30, 2022 | 14.92% |
| Jun 30, 2022 | 15.54% |
| Mar 31, 2022 | 8.40% |
| Dec 31, 2021 | 37.01% |
| Sep 30, 2021 | 24.18% |