PubMatic (PUBM) Operating Expenses (2020 - 2026)

PubMatic (PUBM) has 7 years of Operating Expenses data on file, last reported at $51.7 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $51.7 million, up 3.2% year-over-year; the trailing twelve-month figure through Mar 2026 was $198.7 million (up 4.78% YoY), and the FY2025 annual result was $197.1 million, up 5.8% from the prior year.
• Operating Expenses advanced to $51.7 million in Q1 2026 per PUBM's latest filing, from $46.0 million in the prior quarter.
• Over five years, Operating Expenses peaked at $51.7 million in Q1 2026 and troughed at $32.0 million in Q1 2022.
• A 5-year average of $43.2 million and a median of $45.8 million in 2024 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2023 and 2025: Operating Expenses soared 32.49% in 2023, then climbed 0.6% in 2025.
• A 5-year view of Operating Expenses shows it stood at $34.8 million in 2022, then gained by 14.82% to $40.0 million in 2023, then advanced by 14.47% to $45.8 million in 2024, then climbed by 0.6% to $46.0 million in 2025, then climbed by 12.39% to $51.7 million in 2026.
• Business Quant data shows PUBM's Operating Expenses at $51.7 million in Q1 2026, $46.0 million in Q4 2025, and $51.0 million in Q3 2025.