PubMatic (PUBM) Shares Outstanding (2020 - 2026)
PubMatic (PUBM) reported Shares Outstanding of 46.11 million for Q2 2026, down 2.3% from 47.19 million a year earlier and down 2.2% from the prior quarter.
Analysis
PubMatic (PUBM) Shares Outstanding (2020 - 2026) Analysis & Trends
For FY2025, PubMatic posted Shares Outstanding of 47.01 million, down 4.5% from FY2024.
- Shares Outstanding has declined for three consecutive years, though with a five-year compound annual growth rate of 30.0% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 49.21 million in FY2024 (-4.9%), 51.76 million in FY2023 (-1.0%), 52.28 million in FY2022 (+4.2%) and 50.18 million in FY2021 (+297.0%).
- Five-year quarterly Shares Outstanding spans a low of 45.93 million in Q3 2025 and a high of 52.74 million in Q1 2023.
- Year over year, Shares Outstanding has now declined in each of the last 13 quarters, with an average decline of 4.3% over the last eight quarters.
- The high point for year-over-year Shares Outstanding in five years was Q3 2021 (growth of 389.2%); the low point was Q3 2025 (a decline of 6.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 47.12 million (Q1 2026), 47.01 million (Q4 2025) and 45.93 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 12.15 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | 2.54 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 4.19 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | 2.32 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | 1.30 Bn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 2.04 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 768.00 Mn |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | 1.40 Bn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | 205.41 Mn |
| 10 | PubMatic | 850.47 Mn | 286.02 Mn | 52.72 Mn | 46.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.11 Mn |
| Mar 31, 2026 | 47.12 Mn |
| Dec 31, 2025 | 47.01 Mn |
| Sep 30, 2025 | 45.93 Mn |
| Jun 30, 2025 | 47.19 Mn |
| Mar 31, 2025 | 48.35 Mn |
| Dec 31, 2024 | 49.21 Mn |
| Sep 30, 2024 | 49.06 Mn |
| Jun 30, 2024 | 49.78 Mn |
| Mar 31, 2024 | 50.04 Mn |
| Dec 31, 2023 | 51.76 Mn |
| Sep 30, 2023 | 51.64 Mn |
| Jun 30, 2023 | 52.03 Mn |
| Mar 31, 2023 | 52.74 Mn |
| Dec 31, 2022 | 52.28 Mn |
| Sep 30, 2022 | 52.44 Mn |
| Jun 30, 2022 | 52.15 Mn |
| Mar 31, 2022 | 51.91 Mn |
| Dec 31, 2021 | 50.18 Mn |
| Sep 30, 2021 | 50.56 Mn |
API Access
PubMatic Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=PUBM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "PUBM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=PUBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();