PubMatic (PUBM) Tax Rate (2020 - 2026)
PubMatic (PUBM) reported Tax Rate of 17.21% for Q1 2026, up 98.0% year-over-year from 8.69% 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 7 years of Tax Rate data on file, last reported at 17.21% in Q1 2026.
- Tax Rate for Q1 2026 came in at 17.21%, up 98.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.62% (down 2916.0% YoY), and the FY2025 annual result was 9.35%, down 2030.0% from the prior year.
- Tax Rate fell to 17.21% in Q1 2026 per PUBM's latest filing, from 30.3% in the prior quarter.
- Over five years, Tax Rate peaked at 36.77% in Q1 2023 and troughed at 184.05% in Q3 2024.
- A 5-year average of 6.56% and a median of 18.76% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 18935 bps in 2024, then soared 20489 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 23.99% in 2022, then retreated by 22 bps to 18.76% in 2023, then surged by 32 bps to 24.81% in 2024, then increased by 22 bps to 30.3% in 2025, then tumbled 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 20.84% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | PubMatic | 542.59 Mn | 397.71 Mn | 36.47 Mn | 17.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.21% |
| Mar 31, 2026 | 17.21% |
| Dec 31, 2025 | 30.30% |
| Dec 31, 2025 | 30.30% |
| Sep 30, 2025 | 20.84% |
| Sep 30, 2025 | 20.84% |
| Jun 30, 2025 | 14.83% |
| Jun 30, 2025 | 14.83% |
| Mar 31, 2025 | 16.23% |
| Mar 31, 2025 | 16.23% |
| Dec 31, 2024 | 24.81% |
| Dec 31, 2024 | 24.81% |
| Sep 30, 2024 | -184.05% |
| Sep 30, 2024 | -184.05% |
| Jun 30, 2024 | 16.79% |
| Jun 30, 2024 | 16.79% |
| Mar 31, 2024 | 7.40% |
| Mar 31, 2024 | 7.40% |
| Dec 31, 2023 | 18.76% |
| Dec 31, 2023 | 18.76% |