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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

PubMatic (PUBM) Gross Margin (2020 - 2025)

PubMatic (PUBM) has disclosed Gross Margin for 6 consecutive years, with 68.17% as the latest value for Q4 2025.

  • Quarterly Gross Margin fell 267.0% to 68.17% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 63.56% through Dec 2025, down 175.0% year-over-year, with the annual reading at 63.56% for FY2025, 175.0% down from the prior year.
  • Gross Margin for Q4 2025 was 68.17% at PubMatic, up from 62.62% in the prior quarter.
  • The five-year high for Gross Margin was 77.63% in Q4 2021, with the low at 56.93% in Q1 2023.
  • Average Gross Margin over 5 years is 66.44%, with a median of 66.77% recorded in 2022.
  • The sharpest move saw Gross Margin skyrocketed 850bps in 2021, then crashed -1009bps in 2023.
  • Over 5 years, Gross Margin stood at 77.63% in 2021, then dropped by -11bps to 69.1% in 2022, then grew by 3bps to 71.39% in 2023, then dropped by -1bps to 70.84% in 2024, then dropped by -4bps to 68.17% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 68.17%, 62.62%, and 62.57% for Q4 2025, Q3 2025, and Q2 2025 respectively.