Growth Metrics

PubMatic (PUBM) FCF Margin (2020 - 2025)

PubMatic (PUBM) has disclosed FCF Margin for 6 consecutive years, with 24.87% as the latest value for Q4 2025.

  • Quarterly FCF Margin fell 1226.0% to 24.87% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 23.58% through Dec 2025, down 82.0% year-over-year, with the annual reading at 23.58% for FY2025, 82.0% down from the prior year.
  • FCF Margin for Q4 2025 was 24.87% at PubMatic, down from 26.19% in the prior quarter.
  • The five-year high for FCF Margin was 44.51% in Q3 2023, with the low at 6.36% in Q4 2021.
  • Average FCF Margin over 5 years is 26.8%, with a median of 25.74% recorded in 2022.
  • The sharpest move saw FCF Margin soared 6533bps in 2021, then crashed -3773bps in 2024.
  • Over 5 years, FCF Margin stood at 6.36% in 2021, then skyrocketed by 304bps to 25.64% in 2022, then increased by 8bps to 27.77% in 2023, then soared by 34bps to 37.13% in 2024, then tumbled by -33bps to 24.87% in 2025.
  • According to Business Quant data, FCF Margin over the past three periods came in at 24.87%, 26.19%, and 19.78% for Q4 2025, Q3 2025, and Q2 2025 respectively.