Growth Metrics

PubMatic (PUBM) EBITDA Margin (2020 - 2025)

PubMatic (PUBM) has disclosed EBITDA Margin for 6 consecutive years, with 10.65% as the latest value for Q4 2025.

  • Quarterly EBITDA Margin fell 666.0% to 10.65% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 6.1% through Dec 2025, down 745.0% year-over-year, with the annual reading at 6.1% for FY2025, 745.0% down from the prior year.
  • EBITDA Margin for Q4 2025 was 10.65% at PubMatic, up from 12.39% in the prior quarter.
  • The five-year high for EBITDA Margin was 37.01% in Q4 2021, with the low at 19.26% in Q1 2023.
  • Average EBITDA Margin over 5 years is 6.19%, with a median of 9.52% recorded in 2022.
  • The sharpest move saw EBITDA Margin soared 1764bps in 2021, then crashed -2766bps in 2023.
  • Over 5 years, EBITDA Margin stood at 37.01% in 2021, then crashed by -40bps to 22.24% in 2022, then grew by 8bps to 24.13% in 2023, then fell by -28bps to 17.31% in 2024, then tumbled by -38bps to 10.65% in 2025.
  • According to Business Quant data, EBITDA Margin over the past three periods came in at 10.65%, 12.39%, and 7.68% for Q4 2025, Q3 2025, and Q2 2025 respectively.