PubMatic (PUBM) EV to FCF (2020 - 2026)
PubMatic's (PUBM) quarterly EV to FCF came in at 27.57 in Q2 2026, down 35.08% year-over-year from 42.47 in Q2 2025, and up 25.21% quarter-over-quarter from 22.02 in Q1 2026.
Analysis
PubMatic (PUBM) EV to FCF (2020 - 2026) Analysis & Trends
PubMatic (PUBM) has reported EV to FCF for 7 consecutive years, with 27.57 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to FCF fell 35.08% year-over-year to 27.57 in Q2 2026; TTM through Jun 2026 was 6.69, a 30.05% decrease from a year earlier, with the FY2025 full-year figure at 4.47, down 58.59% from the prior year.
- EV to FCF was 27.57 for Q2 2026 at PubMatic, up from 22.02 in the prior quarter.
- Over five years, EV to FCF peaked at 110.01 in Q2 2024 and troughed at 8.95 in Q3 2025.
- A 5-year average of 46.28 and a median of 42.71 in 2024 frame the typical range for EV to FCF.
- Across the five-year window, EV to FCF jumped 76.93% in 2024 and slumped 77.39% in 2025, its largest moves.
- Over 5 years, EV to FCF stood at 47.92 in 2022, then plunged by 45.6% to 26.07 in 2023, then surged by 64.75% to 42.95 in 2024, then sank by 54.19% to 19.67 in 2025, then surged by 40.15% to 27.57 in 2026.
- The last three EV to FCF figures came in at 27.57 (Q2 2026), 22.02 (Q1 2026), and 19.67 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,074.35 Bn | 3,645.31 Bn | 73.85 Bn |
| 2 | AppLovin | 107.48 Bn | 104.43 Bn | 1.70 Bn |
| 3 | Trade Desk | 6.78 Bn | 5.29 Bn | 530.72 Mn |
| 4 | Magnite | 3.46 Bn | 3.13 Bn | 130.79 Mn |
| 5 | DoubleVerify Holdings | 2.07 Bn | 1.86 Bn | 161.31 Mn |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - |
| 7 | Quinstreet | 1.06 Bn | 929.83 Mn | 49.81 Mn |
| 8 | Taboola.com | 972.14 Mn | 839.09 Mn | 139.48 Mn |
| 9 | Mntn | 960.26 Mn | 722.98 Mn | 66.30 Mn |
| 10 | PubMatic | 749.22 Mn | 611.71 Mn | 52.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.57 |
| Mar 31, 2026 | 22.02 |
| Dec 31, 2025 | 19.67 |
| Sep 30, 2025 | 8.95 |
| Jun 30, 2025 | 42.47 |
| Mar 31, 2025 | 34.03 |
| Dec 31, 2024 | 42.95 |
| Sep 30, 2024 | 39.58 |
| Jun 30, 2024 | 110.01 |
| Mar 31, 2024 | 59.14 |
| Dec 31, 2023 | 26.07 |
| Sep 30, 2023 | 22.37 |
| Jun 30, 2023 | 65.26 |
| Mar 31, 2023 | 81.43 |
| Dec 31, 2022 | 47.92 |
| Sep 30, 2022 | 52.40 |
| Jun 30, 2022 | 52.66 |
| Mar 31, 2022 | 78.51 |
| Dec 31, 2021 | 76.87 |
| Sep 30, 2021 | 78.17 |