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| Date | Value |
|---|---|
| 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 |