PubMatic (PUBM) Tax Rate (2020 - 2026)
PubMatic (PUBM) posted quarterly Tax Rate of 17.21% for Q1 2026, up 132.0% year-over-year from 7.42% in Q1 2025, and down 43.19% quarter-over-quarter from 30.3% in Q4 2025.
PubMatic (PUBM) Tax Rate (2020 - 2026) Analysis & Trends
PubMatic (PUBM) has reported Tax Rate for 7 consecutive years, with 17.21% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 132.0% year-over-year to 17.21%; the TTM figure through Mar 2026 stood at 11.65% (down 2885.0% YoY), while the FY2025 annual figure was 9.35%, down 2030.0% from the prior year.
- Tax Rate eased to 17.21% in Q1 2026 per PUBM's latest filing, from 30.3% in the prior quarter.
- Across five years, Tax Rate topped out at 36.5% in Q1 2023 and bottomed at 179.75% in Q3 2024.
- Historically, Tax Rate has averaged 6.77% across 5 years, with a median of 18.85% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate sank 18506 bps — and 2025, when it surged 20067 bps.
- PubMatic's Tax Rate stood at 23.99% in 2022, then dropped by 21 bps to 18.85% in 2023, then surged by 30 bps to 24.54% in 2024, then increased by 23 bps to 30.3% in 2025, then plunged by 43 bps to 17.21% in 2026.
- Business Quant data shows PUBM's Tax Rate at 17.21% in Q1 2026, 30.3% in Q4 2025, and 20.91% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -27.76% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 15.38% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 22.57% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 25.63% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 31.96% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.37% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.20% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 23.50% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 24.29% |
| 10 | PubMatic | 798.71 Mn | 661.20 Mn | 52.72 Mn | 164.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 164.81% |
| Jun 30, 2026 | 164.81% |
| Jun 30, 2026 | 164.81% |
| Mar 31, 2026 | 17.21% |
| Mar 31, 2026 | 17.21% |
| Mar 31, 2026 | 17.21% |
| Dec 31, 2025 | 30.30% |
| Dec 31, 2025 | 30.30% |
| Dec 31, 2025 | 30.30% |
| Sep 30, 2025 | 20.91% |
| Sep 30, 2025 | 20.91% |
| Sep 30, 2025 | 20.91% |
| Jun 30, 2025 | 14.83% |
| Jun 30, 2025 | 14.83% |
| Jun 30, 2025 | 14.83% |
| Mar 31, 2025 | 15.90% |
| Mar 31, 2025 | 15.90% |
| Mar 31, 2025 | 15.90% |
| Dec 31, 2024 | 24.54% |
| Dec 31, 2024 | 24.54% |