PubMatic (PUBM) Operating Income (2020 - 2026)

PubMatic's (PUBM) quarterly Operating Income came in at -$15.3 million in Q1 2026, down 28.31% year-on-year from -$21.3 million in Q1 2025, and down 279.18% on a QoQ basis from $8.5 million in Q4 2025.

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

PubMatic (PUBM) has 7 years of Operating Income data on file, last reported at -$15.3 million in Q1 2026.

  • On a quarterly basis, Operating Income fell 28.31% year-over-year to -$15.3 million in Q1 2026; TTM through Mar 2026 was -$20.6 million, a 741.66% decrease from a year earlier, with the FY2025 full-year figure at -$17.3 million, down 539.5% from the prior year.
  • Operating Income for Q1 2026 stood at -$15.3 million, down from $8.5 million in the prior quarter.
  • Over the last five years, Operating Income for PUBM reached as high as $20.4 million in Q4 2023 and fell as low as -$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.
  • Across the five-year window, Operating Income jumped 48.23% in 2024 and slumped 516.78% in 2025, its largest moves.
  • Year by year, Operating Income stood at $16.5 million in 2022, then increased by 23.54% to $20.4 million in 2023, then decreased 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.
  • Per Business Quant data, the three most recent Operating Income figures were -$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 208.91 Bn 189.27 Bn 8.16 Bn 3.21 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 145.83 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 382.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.92 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 2.35 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 162.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -1.37 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -326.15 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 431.33 Mn
10 PubMatic 579.58 Mn 434.70 Mn 36.47 Mn -15.27 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 10.13 Mn