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PubMatic (PUBM) Research & Development (2020 - 2025)

PubMatic (PUBM) has disclosed Research & Development for 6 consecutive years, with $6.3 million as the latest value for Q4 2025.

  • Quarterly Research & Development fell 19.35% to $6.3 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $33.8 million through Dec 2025, up 1.67% year-over-year, with the annual reading at $33.8 million for FY2025, 1.67% up from the prior year.
  • Research & Development for Q4 2025 was $6.3 million at PubMatic, down from $9.6 million in the prior quarter.
  • The five-year high for Research & Development was $9.6 million in Q3 2025, with the low at $3.7 million in Q1 2021.
  • Average Research & Development over 5 years is $6.5 million, with a median of $6.6 million recorded in 2023.
  • The sharpest move saw Research & Development surged 42.71% in 2022, then dropped 19.35% in 2025.
  • Over 5 years, Research & Development stood at $4.1 million in 2021, then soared by 42.71% to $5.9 million in 2022, then increased by 15.68% to $6.8 million in 2023, then grew by 14.39% to $7.8 million in 2024, then decreased by 19.35% to $6.3 million in 2025.
  • According to Business Quant data, Research & Development over the past three periods came in at $6.3 million, $9.6 million, and $9.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.