PubMatic, Inc. (PUBM) stock
PUBMNasdaqServices-Computer Programming, Data Processing, Etc.Fiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 8/30163% above fair value
$20.61+1.59 (+8.36%)
Close on Nov 13, 2026Market cap $938.79MP/E –Yield –
Earnings
PubMatic's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Next report
Feb 25, 2027
Q4 FY2026 · estimated, after the close
Revenue, Q3 FY2026
$79.60M
+17.1% on a year earlier
Non-GAAP diluted EPS, Q3 FY2026
$0.25
$0.03 a year earlier
Latest guidance
Issued
Nov 9, 2026 · 4 items
Quarterly results
Revenue and earnings per share from each of PubMatic's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Feb 25, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Nov 9, 2026after the close | $79.60M | +17.1% | $0.11 | $0.25 | Release |
| Q2 FY2026ended Jun 30, 2026 | Aug 6, 2026after the close | $78.60M | +10.5% | -$0.03 | $0.12 | Release |
| Q1 FY2026ended Mar 31, 2026 | May 7, 2026after the close | $62.60M | -1.9% | -$0.27 | -$0.11 | Release |
| Q4 FY2025ended Dec 31, 2025 | Feb 26, 2026after the close | $80.00M | -6.4% | $0.14 | $0.29 | Release |
| Q3 FY2025ended Sep 30, 2025 | Nov 10, 2025after the close | $68.00M | -5.3% | -$0.14 | $0.03 | Release |
| Q2 FY2025ended Jun 30, 2025 | Aug 11, 2025after the close | $71.10M | +5.6% | -$0.11 | $0.05 | Release |
| Q1 FY2025ended Mar 31, 2025 | May 8, 2025after the close | $63.80M | -4.3% | -$0.20 | -$0.04 | Release |
| Q4 FY2024ended Dec 31, 2024 | Feb 27, 2025after the close | $85.50M | +1.1% | $0.26 | $0.41 | Release |
| Q3 FY2024ended Sep 30, 2024 | Nov 12, 2024after the close | $71.80M | +12.7% | -$0.02 | $0.12 | Release |
| Q2 FY2024ended Jun 30, 2024 | Aug 8, 2024after the close | $67.30M | +6.3% | $0.04 | $0.17 | Release |
| Q1 FY2024ended Mar 31, 2024 | May 7, 2024after the close | $66.70M | +20.4% | -$0.05 | $0.09 | Release |
| Q4 FY2023ended Dec 31, 2023 | Feb 26, 2024after the close | $84.60M | +13.9% | $0.34 | $0.45 | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 8, 2023after the close | $63.70M | -1.2% | $0.03 | $0.14 | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 8, 2023after the close | $63.30M | +0.5% | -$0.11 | $0.02 | Release |
| Q1 FY2023ended Mar 31, 2023 | May 9, 2023after the close | $55.40M | +1.5% | -$0.11 | $0.02 | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 28, 2023after the close | $74.30M | -1.7% | $0.22 | $0.33 | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 8, 2022after the close | $64.50M | +11.0% | $0.06 | $0.22 | Release |
| Q2 FY2022ended Jun 30, 2022 | Aug 8, 2022after the close | $63.00M | – | $0.14 | $0.23 | Release |
| Q1 FY2022ended Mar 31, 2022 | May 9, 2022after the close | $54.60M | – | $0.08 | $0.14 | Release |
| Q4 FY2021ended Dec 31, 2021 | Feb 28, 2022after the close | $75.60M | – | $0.50 | $0.48 | Release |
| Q3 FY2021ended Sep 30, 2021 | Nov 9, 2021after the close | $58.10M | – | $0.24 | – | Release |
| Q2 FY2021ended Jun 30, 2021 | Aug 10, 2021after the close | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | May 13, 2021after the close | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Feb 23, 2021after the close | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
PubMatic's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| RevenueGAAP | Q4 FY2026 | $91.00M – $93.00M | – | New | Nov 9, 2026 |
| Adjusted EBITDAnon-GAAP | Q4 FY2026 | $31.00M – $33.00M | – | New | Nov 9, 2026 |
| RevenueGAAP | FY2026 | $312.00M – $314.00M | – | New | Nov 9, 2026 |
| Adjusted EBITDAnon-GAAP | FY2026 | $79.00M – $81.00M | – | New | Nov 9, 2026 |
Guidance vs results
The last range PubMatic gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| Q3 FY2026 | Revenue | $75.00M – $77.00M | $79.60M | Above range |
| Q2 FY2026 | Revenue | $68.00M – $70.00M | $78.60M | Above range |
| Q1 FY2026 | Revenue | $58.00M – $60.00M | $62.60M | Above range |
| Q4 FY2025 | Revenue | $73.00M – $77.00M | $80.00M | Above range |
| Q3 FY2025 | Revenue | $61.00M – $66.00M | $68.00M | Above range |
| Q2 FY2025 | Revenue | $66.00M – $70.00M | $71.10M | Above range |
| Q1 FY2025 | Revenue | $61.00M – $63.00M | $63.80M | Above range |
| Q4 FY2024 | Revenue | $86.00M – $90.00M | $85.50M | Below range |
| Q3 FY2024 | Revenue | $65.00M – $67.00M | $71.80M | Above range |
| Q2 FY2024 | Revenue | $69.00M – $71.00M | $67.30M | Below range |
| Q1 FY2024 | Revenue | $61.00M – $63.00M | $66.70M | Above range |
| Q4 FY2023 | Revenue | $76.00M – $80.00M | $84.60M | Above range |
| Q3 FY2023 | Revenue | $58.00M – $61.00M | $63.70M | Above range |
| Q2 FY2023 | Revenue | $58.00M – $61.00M | $63.30M | Above range |
| Q1 FY2023 | Revenue | $50.00M – $52.00M | $55.40M | Above range |
| Q4 FY2022 | Revenue | $75.00M – $78.00M | $74.30M | Below range |
| Q3 FY2022 | Revenue | $66.00M – $68.00M | $64.50M | Below range |
| Q2 FY2022 | Revenue | $60.00M – $62.00M | $63.00M | Above range |
| Q1 FY2022 | Revenue | $53.00M – $55.00M | $54.60M | Within range |
| Q4 FY2021 | Revenue | $74.00M – $76.00M | $75.60M | Within range |
Guidance history
Every forecast PubMatic put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Nov 9, 2026 | Adjusted EBITDA | Q4 FY2026 | $31.00M – $33.00M | New |
| Nov 9, 2026 | Adjusted EBITDA | FY2026 | $79.00M – $81.00M | New |
| Nov 9, 2026 | Revenue | Q4 FY2026 | $91.00M – $93.00M | New |
| Nov 9, 2026 | Revenue | FY2026 | $312.00M – $314.00M | New |
| Aug 6, 2026 | Adjusted EBITDA | Q3 FY2026 | $17.00M – $19.00M | New |
| Aug 6, 2026 | Revenue | Q3 FY2026 | $75.00M – $77.00M | New |
| May 7, 2026 | Adjusted EBITDA | Q2 FY2026 | $8.00M – $10.00M | New |
| May 7, 2026 | Revenue | Q2 FY2026 | $68.00M – $70.00M | New |
| Feb 26, 2026 | Adjusted EBITDA | Q1 FY2026 | -$500.00K – $1.00M | New |
| Feb 26, 2026 | Revenue | Q1 FY2026 | $58.00M – $60.00M | New |
| Nov 10, 2025 | Adjusted EBITDA | Q4 FY2025 | $19.00M – $21.00M | New |
| Nov 10, 2025 | Adjusted EBITDA margin | Q4 FY2025 | 27% | New |
| Nov 10, 2025 | Revenue | Q4 FY2025 | $73.00M – $77.00M | New |
| Aug 11, 2025 | Adjusted EBITDA | Q3 FY2025 | $7.00M – $10.00M | New |
| Aug 11, 2025 | margin at the midpoint | Q3 FY2025 | 13% | New |
| Aug 11, 2025 | Revenue | Q3 FY2025 | $61.00M – $66.00M | New |
| May 8, 2025 | Adjusted EBITDA | Q2 FY2025 | $9.00M – $12.00M | New |
| May 8, 2025 | Revenue | Q2 FY2025 | $66.00M – $70.00M | New |
| Feb 27, 2025 | Adjusted EBITDA | Q1 FY2025 | $5.00M – $7.00M | New |
| Feb 27, 2025 | Revenue | Q1 FY2025 | $61.00M – $63.00M | New |
| Nov 12, 2024 | Adjusted EBITDA | Q4 FY2024 | $34.00M – $37.00M | New |
| Nov 12, 2024 | Adjusted EBITDA | FY2024 | $89.00M – $92.00M | Raised |
| Nov 12, 2024 | Revenue | Q4 FY2024 | $86.00M – $90.00M | New |
| Nov 12, 2024 | Year-over-year revenue | FY2024 | $292.00M – $296.00M | New |
| Aug 8, 2024 | CapEx | FY2024 | $16.00M – $18.00M | Reaffirmed |
| Aug 8, 2024 | Adjusted EBITDA | Q3 FY2024 | $15.00M – $17.00M | New |
| Aug 8, 2024 | Adjusted EBITDA | FY2024 | $87.00M – $91.00M | Lowered |
| Aug 8, 2024 | Revenue | Q3 FY2024 | $65.00M – $67.00M | New |
| Aug 8, 2024 | Year-over-year revenue | FY2024 | $288.00M – $292.00M | Lowered |
| May 7, 2024 | CapEx | FY2024 | $16.00M – $18.00M | New |
| May 7, 2024 | Adjusted EBITDA | Q2 FY2024 | $17.00M – $19.00M | New |
| May 7, 2024 | Adjusted EBITDA | FY2024 | $90.00M – $94.00M | New |
| May 7, 2024 | Revenue | Q2 FY2024 | $69.00M – $71.00M | New |
| May 7, 2024 | Year-over-year revenue | FY2024 | $296.00M – $304.00M | New |
| Feb 26, 2024 | CapEx | FY2024 | $16.00M – $18.00M | New |
| Feb 26, 2024 | adjusted EBITDA | Q1 FY2024 | $10.00M – $12.00M | New |
| Feb 26, 2024 | Adjusted EBITDA margin | FY2024 | 30% | New |
| Feb 26, 2024 | revenue | Q1 FY2024 | $61.00M – $63.00M | New |
| Feb 26, 2024 | Year-over-year revenue growth | FY2024 | +10% | New |
| Nov 8, 2023 | CapEx | FY2023 | $10.00M – $13.00M | Reaffirmed |
| Nov 8, 2023 | Adjusted EBITDA | Q4 FY2023 | $32.00M – $35.00M | New |
| Nov 8, 2023 | Revenue | Q4 FY2023 | $76.00M – $80.00M | New |
| Aug 8, 2023 | CapEx | FY2023 | $10.00M – $13.00M | Lowered |
| Aug 8, 2023 | Adjusted EBITDA | Q3 FY2023 | $13.00M – $15.00M | New |
| Aug 8, 2023 | Revenue | Q3 FY2023 | $58.00M – $61.00M | New |
| May 9, 2023 | CapEx | FY2023 | $12.00M – $15.00M | Lowered |
| May 9, 2023 | Adjusted EBITDA | Q2 FY2023 | $13.00M – $15.00M | New |
| May 9, 2023 | Adjusted EBITDA margin | FY2023 | 30% | Reaffirmed |
| May 9, 2023 | Revenue | Q2 FY2023 | $58.00M – $61.00M | New |
| Feb 28, 2023 | CapEx | FY2023 | $13.00M – $16.00M | New |
| Feb 28, 2023 | adjusted EBITDA | Q1 FY2023 | $4.00M – $6.00M | New |
| Feb 28, 2023 | Adjusted EBITDA margin | FY2023 | 30% | New |
| Feb 28, 2023 | revenue | Q1 FY2023 | $50.00M – $52.00M | New |
| Nov 8, 2022 | adjusted EBITDA | Q4 FY2022 | $33.00M – $36.00M | New |
| Nov 8, 2022 | Adjusted EBITDA | FY2022 | $98.00M – $101.00M | Lowered |
| Nov 8, 2022 | revenue | Q4 FY2022 | $75.00M – $78.00M | New |
| Nov 8, 2022 | revenue | FY2022 | $257.00M – $260.00M | Lowered |
| Aug 8, 2022 | adjusted EBITDA | Q3 FY2022 | $23.00M – $25.00M | New |
| Aug 8, 2022 | Adjusted EBITDA | FY2022 | $103.00M – $108.00M | Raised |
| Aug 8, 2022 | revenue | Q3 FY2022 | $66.00M – $68.00M | New |
| Aug 8, 2022 | revenue | FY2022 | $277.00M – $281.00M | Lowered |
| May 9, 2022 | adjusted EBITDA | Q2 FY2022 | $18.00M – $20.00M | New |
| May 9, 2022 | adjusted EBITDA | FY2022 | $101.00M – $106.00M | Reaffirmed |
| May 9, 2022 | revenue | Q2 FY2022 | $60.00M – $62.00M | New |
| May 9, 2022 | revenue | FY2022 | $282.00M – $286.00M | Reaffirmed |
| Feb 28, 2022 | adjusted EBITDA | Q1 FY2022 | $14.00M – $16.00M | New |
| Feb 28, 2022 | adjusted EBITDA | FY2022 | $101.00M – $106.00M | New |
| Feb 28, 2022 | revenue | Q1 FY2022 | $53.00M – $55.00M | New |
| Feb 28, 2022 | revenue | FY2022 | $282.00M – $286.00M | New |
| Nov 9, 2021 | adjusted EBITDA | Q4 FY2021 | $28.00M – $30.00M | New |
| Nov 9, 2021 | adjusted EBITDA | FY2021 | $86.00M – $88.00M | New |
| Nov 9, 2021 | adjusted EBITDA margin | FY2022 | 30% | New |
| Nov 9, 2021 | revenue | Q4 FY2021 | $74.00M – $76.00M | New |
| Nov 9, 2021 | revenue | FY2021 | $225.00M – $227.00M | New |
| Nov 9, 2021 | revenue | FY2022 | $281.00M | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases PubMatic filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Results
- Results
- Results
- Results
- Update
- Update
- Update
- Results
- Results
- Results
- Results
- Results
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