PubMatic (PUBM) Research & Development (2020 - 2026)
PubMatic (PUBM) reported Research & Development of $8.0 million for Q1 2026, down 8.96% year-over-year from $8.8 million in Q1 2025, and up 26.44% quarter-over-quarter from $6.3 million in Q4 2025.
PubMatic (PUBM) Research & Development (2020 - 2026) Analysis & Trends
PubMatic (PUBM) has 7 years of Research & Development data on file, last reported at $8.0 million in Q1 2026.
- Research & Development for Q1 2026 came in at $8.0 million, down 8.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $33.0 million (down 3.06% YoY), and the FY2025 annual result was $33.8 million, up 1.67% from the prior year.
- Research & Development climbed to $8.0 million in Q1 2026 per PUBM's latest filing, from $6.3 million in the prior quarter.
- Over five years, Research & Development peaked at $9.6 million in Q3 2025 and troughed at $4.8 million in Q1 2022.
- A 5-year average of $7.2 million and a median of $6.8 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2025: Research & Development jumped 42.71% in 2022, then slipped 19.35% in 2025.
- A 5-year view of Research & Development shows it stood at $5.9 million in 2022, then rose by 15.68% to $6.8 million in 2023, then increased by 14.39% to $7.8 million in 2024, then fell by 19.35% to $6.3 million in 2025, then gained by 26.44% to $8.0 million in 2026.
- Business Quant data shows PUBM's Research & Development at $8.0 million in Q1 2026, $6.3 million in Q4 2025, and $9.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -37.02 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 437.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.63 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 508.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 823.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.20 Bn |
| 10 | PubMatic | 542.59 Mn | 397.71 Mn | 36.47 Mn | 7.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.99 Mn |
| Dec 31, 2025 | 6.32 Mn |
| Sep 30, 2025 | 9.62 Mn |
| Jun 30, 2025 | 9.12 Mn |
| Mar 31, 2025 | 8.77 Mn |
| Dec 31, 2024 | 7.83 Mn |
| Sep 30, 2024 | 8.81 Mn |
| Jun 30, 2024 | 8.66 Mn |
| Mar 31, 2024 | 7.96 Mn |
| Dec 31, 2023 | 6.85 Mn |
| Sep 30, 2023 | 6.63 Mn |
| Jun 30, 2023 | 6.73 Mn |
| Mar 31, 2023 | 6.52 Mn |
| Dec 31, 2022 | 5.92 Mn |
| Sep 30, 2022 | 5.08 Mn |
| Jun 30, 2022 | 5.08 Mn |
| Mar 31, 2022 | 4.77 Mn |
| Dec 31, 2021 | 4.15 Mn |
| Sep 30, 2021 | 4.14 Mn |
| Jun 30, 2021 | 3.86 Mn |