PubMatic (PUBM) Free Cash Flow (2020 - 2026)
PubMatic's (PUBM) quarterly Free Cash Flow came in at $16.6 million in Q2 2026, up 56.7% year-over-year from $10.6 million in Q2 2025, and up 55.08% quarter-over-quarter from $10.7 million in Q1 2026.
Analysis
PubMatic (PUBM) Free Cash Flow (2020 - 2026) Analysis & Trends
PubMatic (PUBM) has reported Free Cash Flow for 7 consecutive years, with $16.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 56.7% year-over-year to $16.6 million in Q2 2026; TTM through Jun 2026 was $68.5 million, a 45.44% increase from a year earlier, with the FY2025 full-year figure at $60.5 million, up 15.35% from the prior year.
- Free Cash Flow was $16.6 million for Q2 2026 at PubMatic, up from $10.7 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $27.5 million in Q3 2025 and troughed at $6.8 million in Q1 2023.
- A 5-year average of $14.2 million and a median of $13.3 million in 2022 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow sank 55.22% in 2023 and soared 152.67% in 2024, its largest moves.
- Over 5 years, Free Cash Flow stood at $10.4 million in 2022, then soared by 136.48% to $24.7 million in 2023, then sank by 46.67% to $13.2 million in 2024, then increased by 4.26% to $13.7 million in 2025, then increased by 20.93% to $16.6 million in 2026.
- The last three Free Cash Flow figures came in at $16.6 million (Q2 2026), $10.7 million (Q1 2026), and $13.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,074.35 Bn | 3,645.31 Bn | 73.85 Bn | -5.86 Bn |
| 2 | AppLovin | 107.48 Bn | 104.43 Bn | 1.70 Bn | 869.04 Mn |
| 3 | Trade Desk | 6.78 Bn | 5.29 Bn | 530.72 Mn | 140.37 Mn |
| 4 | Magnite | 3.46 Bn | 3.13 Bn | 130.79 Mn | 174.50 Mn |
| 5 | DoubleVerify Holdings | 2.07 Bn | 1.86 Bn | 161.31 Mn | 65.73 Mn |
| 6 | Digital Turbine | 1.28 Bn | 1.24 Bn | - | - |
| 7 | Quinstreet | 1.06 Bn | 929.83 Mn | 49.81 Mn | 50.35 Mn |
| 8 | Taboola.com | 972.14 Mn | 839.09 Mn | 139.48 Mn | 17.32 Mn |
| 9 | Mntn | 960.26 Mn | 722.98 Mn | 66.30 Mn | 23.36 Mn |
| 10 | PubMatic | 749.22 Mn | 611.71 Mn | 52.72 Mn | 16.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.62 Mn |
| Mar 31, 2026 | 10.72 Mn |
| Dec 31, 2025 | 13.74 Mn |
| Sep 30, 2025 | 27.46 Mn |
| Jun 30, 2025 | 10.61 Mn |
| Mar 31, 2025 | 8.74 Mn |
| Dec 31, 2024 | 13.18 Mn |
| Sep 30, 2024 | 14.60 Mn |
| Jun 30, 2024 | 7.65 Mn |
| Mar 31, 2024 | 17.06 Mn |
| Dec 31, 2023 | 24.71 Mn |
| Sep 30, 2023 | 20.04 Mn |
| Jun 30, 2023 | 11.93 Mn |
| Mar 31, 2023 | 6.75 Mn |
| Dec 31, 2022 | 10.45 Mn |
| Sep 30, 2022 | 13.50 Mn |
| Jun 30, 2022 | 12.32 Mn |
| Mar 31, 2022 | 15.08 Mn |
| Dec 31, 2021 | 20.89 Mn |
| Sep 30, 2021 | 15.40 Mn |