PubMatic (PUBM) Free Cash Flow (2020 - 2026)
PubMatic (PUBM) reported Free Cash Flow of $17.26 million for Q2 2026, up 27.2% from $13.57 million a year earlier but down 0.2% from the prior quarter.
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Analysis
PubMatic (PUBM) Free Cash Flow (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, PubMatic's Free Cash Flow came in at $73.51 million, up 50.4% year-over-year; for FY2025, it came in at $66.71 million, up 19.5% from FY2024.
- Free Cash Flow has a five-year compound annual growth rate of 237.2% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $55.83 million in FY2024 (-20.8%), $70.52 million in FY2023 (+37.4%), $51.34 million in FY2022 (-11.9%) and $58.25 million in FY2021.
- Five-year quarterly Free Cash Flow spans a low of $7.41 million in Q3 2024 and a high of $27.7 million in Q3 2025.
- Year over year, Free Cash Flow gained in four of the last eight quarters, with growth averaging 22.5%.
- The high point for year-over-year Free Cash Flow in five years was Q3 2025 (growth of 273.9%); the low point was Q3 2024 (a decline of 64.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $17.28 million (Q1 2026), $11.27 million (Q4 2025) and $27.7 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | -5.86 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | 1.75 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 1.53 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | 3.37 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | 654.00 Mn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 2.79 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 3.64 Bn |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | 3.77 Bn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | 971.73 Mn |
| 10 | PubMatic | 850.47 Mn | 286.02 Mn | 52.72 Mn | 17.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.26 Mn |
| Mar 31, 2026 | 17.28 Mn |
| Dec 31, 2025 | 11.27 Mn |
| Sep 30, 2025 | 27.70 Mn |
| Jun 30, 2025 | 13.57 Mn |
| Mar 31, 2025 | 14.18 Mn |
| Dec 31, 2024 | 13.72 Mn |
| Sep 30, 2024 | 7.41 Mn |
| Jun 30, 2024 | 11.21 Mn |
| Mar 31, 2024 | 23.49 Mn |
| Dec 31, 2023 | 23.50 Mn |
| Sep 30, 2023 | 20.97 Mn |
| Jun 30, 2023 | 14.71 Mn |
| Mar 31, 2023 | 11.34 Mn |
| Dec 31, 2022 | 10.45 Mn |
| Sep 30, 2022 | 13.50 Mn |
| Jun 30, 2022 | 8.23 Mn |
| Mar 31, 2022 | 19.17 Mn |
| Dec 31, 2021 | 20.89 Mn |
| Sep 30, 2021 | 15.40 Mn |
API Access
PubMatic Free Cash Flow 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=free-cash-flow&ticker=PUBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=PUBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();