PubMatic (PUBM) Research & Development (2020 - 2026)

PubMatic (PUBM) has reported Research & Development for 7 consecutive years, with $26.1 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Research & Development rose 3.69% year-over-year to $26.1 million in Q2 2026; TTM through Jun 2026 was $106.0 million, a 6.61% increase from a year earlier, with the FY2025 full-year figure at $102.9 million, up 7.94% from the prior year.
• Research & Development was $26.1 million for Q2 2026 at PubMatic, down from $29.0 million in the prior quarter.
• Over five years, Research & Development peaked at $29.0 million in Q1 2026 and troughed at $16.1 million in Q3 2022.
• A 5-year average of $22.5 million and a median of $23.4 million in 2023 frame the typical range for Research & Development.
• Across the five-year window, Research & Development surged 40.54% in 2023 and rose 3.69% in 2026, its largest moves.
• Over 5 years, Research & Development stood at $17.8 million in 2022, then grew by 14.3% to $20.4 million in 2023, then rose by 16.75% to $23.8 million in 2024, then increased by 6.09% to $25.2 million in 2025, then increased by 3.65% to $26.1 million in 2026.
• The last three Research & Development figures came in at $26.1 million (Q2 2026), $29.0 million (Q1 2026), and $25.2 million (Q4 2025), per Business Quant data.