PubMatic (PUBM) Free Cash Flow (2020 - 2026)

PubMatic's (PUBM) quarterly Free Cash Flow came in at $16.6 million in Q1 2026, up 11.31% year-on-year from $14.9 million in Q1 2025, and up 47.64% on a QoQ basis from $11.3 million in Q4 2025.

PubMatic (PUBM) Free Cash Flow (2020 - 2026) Analysis & Trends

PubMatic (PUBM) has 7 years of Free Cash Flow data on file, last reported at $16.6 million in Q1 2026.

  • On a quarterly basis, Free Cash Flow rose 11.31% year-over-year to $16.6 million in Q1 2026; TTM through Mar 2026 was $68.4 million, a 55.25% increase from a year earlier, with the FY2025 full-year figure at $66.7 million, up 27.1% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $16.6 million, up from $11.3 million in the prior quarter.
  • Over the last five years, Free Cash Flow for PUBM reached as high as $36.1 million in Q3 2025 and fell as low as $4.4 million in Q2 2025.
  • Historically, Free Cash Flow has averaged $16.7 million across 5 years, with a median of $14.9 million in 2025.
  • Across the five-year window, Free Cash Flow jumped 3340.93% in 2022 and sank 60.26% in 2025, its largest moves.
  • Year by year, Free Cash Flow stood at $27.2 million in 2022, then dropped by 9.01% to $24.7 million in 2023, then slumped by 58.0% to $10.4 million in 2024, then advanced by 8.56% to $11.3 million in 2025, then surged by 47.64% to $16.6 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $16.6 million in Q1 2026, $11.3 million in Q4 2025, and $36.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 4.39 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 235.34 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 476.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 2.29 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 473.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 2.19 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 232.77 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 306.96 Mn
10 PubMatic 579.58 Mn 434.70 Mn 36.47 Mn 16.64 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.64 Mn
Mar 31, 2026 16.64 Mn
Dec 31, 2025 11.27 Mn
Dec 31, 2025 11.27 Mn
Sep 30, 2025 36.10 Mn
Sep 30, 2025 36.10 Mn
Jun 30, 2025 4.40 Mn
Jun 30, 2025 4.40 Mn
Mar 31, 2025 14.95 Mn
Mar 31, 2025 14.95 Mn
Dec 31, 2024 10.38 Mn
Dec 31, 2024 10.38 Mn
Sep 30, 2024 7.67 Mn
Sep 30, 2024 7.67 Mn
Jun 30, 2024 11.07 Mn
Jun 30, 2024 11.07 Mn
Mar 31, 2024 23.38 Mn
Mar 31, 2024 23.38 Mn
Dec 31, 2023 24.71 Mn
Dec 31, 2023 24.71 Mn