PubMatic (PUBM) Tax Rate (2020 - 2026)
PubMatic's (PUBM) quarterly Tax Rate came in at 17.21% in Q1 2026, up 132.0% year-on-year from 7.42% in Q1 2025, and down 43.19% on a QoQ basis from 30.3% in Q4 2025.
PubMatic (PUBM) Tax Rate (2020 - 2026) Analysis & Trends
PubMatic (PUBM) has 7 years of Tax Rate data on file, last reported at 17.21% in Q1 2026.
- On a quarterly basis, Tax Rate rose 132.0% year-over-year to 17.21% in Q1 2026; TTM through Mar 2026 was 11.65%, a 2885.0% decrease from a year earlier, with the FY2025 full-year figure at 9.35%, down 2030.0% from the prior year.
- Tax Rate for Q1 2026 stood at 17.21%, down from 30.3% in the prior quarter.
- Over the last five years, Tax Rate for PUBM reached as high as 36.5% in Q1 2023 and fell as low as 179.75% in Q3 2024.
- Historically, Tax Rate has averaged 6.77% across 5 years, with a median of 18.85% in 2023.
- Across the five-year window, Tax Rate tumbled 18506 bps in 2024 and soared 20067 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 23.99% in 2022, then fell by 21 bps to 18.85% in 2023, then jumped by 30 bps to 24.54% in 2024, then gained by 23 bps to 30.3% in 2025, then plunged by 43 bps to 17.21% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 17.21% in Q1 2026, 30.3% in Q4 2025, and 20.91% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -29.13% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -18.42% |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 8.36% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 39.11% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 22.57% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 31.96% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 23.68% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 0.37% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 21.59% |
| 10 | PubMatic | 579.58 Mn | 434.70 Mn | 36.47 Mn | 17.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2024 | 24.54% |
| Sep 30, 2024 | -179.75% |
| Sep 30, 2024 | -179.75% |