PubMatic (PUBM) Operating Income (2020 - 2026)

PubMatic (PUBM) posted quarterly Operating Income of -$15.3 million for Q1 2026, down 28.31% year-over-year from -$21.3 million in Q1 2025, and down 279.18% quarter-over-quarter from $8.5 million in Q4 2025.

PubMatic (PUBM) Operating Income (2020 - 2026) Analysis & Trends

PubMatic (PUBM) has reported Operating Income for 7 consecutive years, with -$15.3 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Income fell 28.31% year-over-year to -$15.3 million; the TTM figure through Mar 2026 stood at -$20.6 million (down 741.66% YoY), while the FY2025 annual figure was -$17.3 million, down 539.5% from the prior year.
  • Operating Income eased to -$15.3 million in Q1 2026 per PUBM's latest filing, from $8.5 million in the prior quarter.
  • Across five years, Operating Income topped out at $20.4 million in Q4 2023 and bottomed at -$15.3 million in Q1 2026.
  • Historically, Operating Income has averaged $820647.1 across 5 years, with a median of -$1.4 million in 2024.
  • Annual changes were most pronounced in 2024 — Operating Income soared 48.23% — and 2025, when it plunged 516.78%.
  • PubMatic's Operating Income stood at $16.5 million in 2022, then climbed by 23.54% to $20.4 million in 2023, then fell by 27.49% to $14.8 million in 2024, then sank by 42.41% to $8.5 million in 2025, then plunged by 279.18% to -$15.3 million in 2026.
  • Business Quant data shows PUBM's Operating Income at -$15.3 million in Q1 2026, $8.5 million in Q4 2025, and -$8.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 6.26 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 488.00 Mn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 2.35 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 1.89 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 162.00 Mn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -326.15 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn -1.82 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 2.24 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 4.02 Bn
10 PubMatic 798.71 Mn 661.20 Mn 52.72 Mn 579,000.00

Historic Data

Download Data
DateValue
Jun 30, 2026 579,000.00
Mar 31, 2026 -15.27 Mn
Dec 31, 2025 8.52 Mn
Sep 30, 2025 -8.42 Mn
Jun 30, 2025 -5.46 Mn
Mar 31, 2025 -11.90 Mn
Dec 31, 2024 14.80 Mn
Sep 30, 2024 -1.37 Mn
Jun 30, 2024 -3.99 Mn
Mar 31, 2024 -5.53 Mn
Dec 31, 2023 20.41 Mn
Sep 30, 2023 -571,000.00
Jun 30, 2023 -7.13 Mn
Mar 31, 2023 -10.67 Mn
Dec 31, 2022 16.52 Mn
Sep 30, 2022 9.62 Mn
Jun 30, 2022 9.79 Mn
Mar 31, 2022 4.58 Mn
Dec 31, 2021 27.97 Mn
Sep 30, 2021 14.05 Mn