PubMatic (PUBM) EBITDA Margin (2020 - 2026)
PubMatic's EBITDA Margin came in at 13.47% for Q2 2026, up 4.47 percentage points from 9.00% a year earlier and up 21.92 percentage points from the prior quarter.
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Analysis
PubMatic (PUBM) EBITDA Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, PubMatic reported EBITDA Margin of 8.87%, down 5.65 percentage points year-over-year; for FY2025, it came in at 9.37%, down 7.55 percentage points from FY2024.
- EBITDA Margin has declined in each of the last four years, with a five-year change of -22.56 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 16.92% in FY2024 (-0.61 pp), 17.53% in FY2023 (-11.63 pp), 29.16% in FY2022 (-6.91 pp) and 36.08% in FY2021 (+4.15 pp).
- The five-year range for quarterly EBITDA Margin is -8.45% (Q1 2026) to 46.39% (Q4 2021).
- Year-over-year, EBITDA Margin increased in 1 of the last eight quarters, with an average year-over-year change of -5.34 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in Q1 2024 (a gain of 7.15 percentage points), and the weakest in Q2 2023 (a drop of 21.21 percentage points).
- Business Quant data shows PUBM's EBITDA Margin at -8.45% (Q1 2026), 22.86% (Q4 2025) and 3.00% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,505.75 Bn | 3,240.65 Bn | 76.16 Bn | 38.37% |
| 2 | Meta Platforms | 1,636.37 Bn | 1,300.89 Bn | 51.23 Bn | 31.18% |
| 3 | Netflix | 264.79 Bn | 226.09 Bn | 6.80 Bn | 68.36% |
| 4 | Alibaba Group Holding | 244.49 Bn | 58.13 Bn | 15.16 Bn | - |
| 5 | Shopify | 196.00 Bn | 174.81 Bn | 1.78 Bn | 15.37% |
| 6 | Uber Technologies | 145.16 Bn | 115.98 Bn | 6.42 Bn | 11.28% |
| 7 | AppLovin | 136.87 Bn | 125.40 Bn | 1.94 Bn | 79.79% |
| 8 | Spotify Technology | 125.04 Bn | 81.96 Bn | 1.89 Bn | 14.77% |
| 9 | Booking Holdings | 122.68 Bn | 56.42 Bn | - | 40.49% |
| 10 | PubMatic | 876.01 Mn | 311.57 Mn | 52.72 Mn | 13.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.47% |
| Mar 31, 2026 | -8.45% |
| Dec 31, 2025 | 22.86% |
| Sep 30, 2025 | 3.00% |
| Jun 30, 2025 | 9.00% |
| Mar 31, 2025 | -0.36% |
| Dec 31, 2024 | 30.67% |
| Sep 30, 2024 | 13.96% |
| Jun 30, 2024 | 10.93% |
| Mar 31, 2024 | 8.53% |
| Dec 31, 2023 | 37.18% |
| Sep 30, 2023 | 17.01% |
| Jun 30, 2023 | 5.94% |
| Mar 31, 2023 | 1.37% |
| Dec 31, 2022 | 36.59% |
| Sep 30, 2022 | 29.00% |
| Jun 30, 2022 | 27.15% |
| Mar 31, 2022 | 21.56% |
| Dec 31, 2021 | 46.39% |
| Sep 30, 2021 | 35.04% |
API Access
PubMatic EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=PUBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "PUBM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=PUBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();