PubMatic (PUBM) Operating Expenses (2020 - 2026)

PubMatic (PUBM) has reported Operating Expenses for 7 consecutive years, with $52.1 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses rose 4.39% year-over-year to $52.1 million in Q2 2026; TTM through Jun 2026 was $200.9 million, a 3.83% increase from a year earlier, with the FY2025 full-year figure at $197.1 million, up 5.8% from the prior year.
• Operating Expenses was $52.1 million for Q2 2026 at PubMatic, up from $51.7 million in the prior quarter.
• Over five years, Operating Expenses peaked at $52.1 million in Q2 2026 and troughed at $32.0 million in Q1 2022.
• A 5-year average of $43.7 million and a median of $45.9 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses surged 32.49% in 2023 and advanced 0.6% in 2025, its largest moves.
• Over 5 years, Operating Expenses stood at $34.8 million in 2022, then rose by 14.82% to $40.0 million in 2023, then gained by 14.47% to $45.8 million in 2024, then advanced by 0.6% to $46.0 million in 2025, then rose by 13.24% to $52.1 million in 2026.
• The last three Operating Expenses figures came in at $52.1 million (Q2 2026), $51.7 million (Q1 2026), and $46.0 million (Q4 2025), per Business Quant data.