PubMatic Earnings Reports

PubMatic delivered Q3 2025 results ahead of guidance on adjusted EBITDA despite a year-over-year revenue decline. The company posted a GAAP net loss but remained profitable on a non-GAAP basis. Key growth came from CTV, Activate, and AI-driven platform advancements.

PubMatic delivered a strong second quarter in 2025, with revenue reaching $71.1 million and adjusted EBITDA at $14.2 million, both surpassing guidance. The company saw significant growth in omnichannel video, including CTV, which grew 34% year-over-year and accounted for 41% of total revenue, with CTV alone growing over 50%. Supply Path Optimization activity increased to over 55% of total platform activity. Despite a GAAP net loss of $(5.2) million, non-GAAP net income was $2.5 million, and the company maintained a healthy balance sheet with $117.6 million in cash and no debt.

PubMatic exceeded its guidance for revenue and adjusted EBITDA in the first quarter of 2025. The company's underlying business grew 21% year-over-year, driven by strong performance in omnichannel video, including CTV. Supply Path Optimization activity also reached a record high.

PubMatic delivered a strong performance in Q4 2024, with revenue increasing by 1% year-over-year to $85.5 million. The company reported a net income of $13.9 million and an adjusted EBITDA of $37.6 million, demonstrating continued profitability and operational efficiency. CTV revenue more than doubled year-over-year, representing 20% of total revenue, highlighting a significant shift in ad buying towards high-engagement channels.

PubMatic announced strong Q3 2024 results, exceeding expectations with revenue of $71.8 million, a 13% increase year-over-year. The company saw significant growth in omnichannel video, up 25%, and reported a gross profit of $46.3 million, up 23% year-over-year. Despite a net loss of $(0.9) million, adjusted EBITDA reached $18.5 million. The company actively repurchased 3.6 million shares year-to-date, demonstrating a commitment to shareholder value.

PubMatic reported Q2 2024 revenue of $67.3 million, a 6% increase year-over-year. The company achieved a net income of $2.0 million and an adjusted EBITDA of $21.1 million. Growth was driven by omnichannel video and mobile app revenue, with supply path optimization representing over 50% of total activity.

PubMatic reported a record first quarter with revenue growth of 20% year-over-year, exceeding guidance. The company's adjusted EBITDA more than doubled, and free cash flow tripled compared to Q1 2023.

PubMatic announced record fourth quarter and fiscal year ended 2023 financial results. Q4 2023 revenue and adjusted EBITDA significantly exceeded guidance; Revenue growth accelerated to $84.6 million, up 14% over Q4 2022, delivered net income of $18.7 million or 22% margin, adjusted EBITDA of $38.9 million or 46% margin.

PubMatic's Q3 2023 results show revenue of $63.7 million, net income of $1.8 million, and adjusted EBITDA of $18.2 million. Supply Path Optimization (SPO) reached 45% of total activity, and the company generated $17.2 million in free cash flow.

PubMatic announced Q2 2023 financial results with a revenue of $63.3 million, slightly up from $63.0 million in the same period of 2022. The company's CTV revenue grew over 30% year over year, and supply path optimization accelerated to over 40% of total activity. However, GAAP net loss was reported at $5.7 million, and non-GAAP net income was $1.3 million.

PubMatic reported revenue of $55.4 million, a GAAP net loss of $5.9 million, and a non-GAAP net income of $0.9 million for Q1 2023. The company's revenue increased by 2% year-over-year, with omnichannel video revenue growing by 13%.

PubMatic reported Q4 2022 revenue of $74.3 million, a slight decrease compared to the same period in 2021. The company's GAAP net income was $12.8 million, or $0.22 per diluted share, while non-GAAP net income was $18.7 million, or $0.33 per non-GAAP diluted share. Despite facing industry-wide ad spend declines, PubMatic achieved an adjusted EBITDA of $32.6 million, representing a 44% margin.

PubMatic reported Q3 2022 financial results with revenue of $64.5 million, an 11% increase year-over-year. The company generated a GAAP net income of $3.3 million and an adjusted EBITDA of $25.3 million.

PubMatic reported a strong second quarter with revenue of $63.0 million, a 27% increase year-over-year. GAAP net income was $7.8 million, and adjusted EBITDA was $23.0 million, representing a 37% margin.

PubMatic's Q1 2022 revenue reached $54.6 million, a 25% increase year-over-year. The company reported a GAAP net income of $4.8 million, with adjusted EBITDA at $17.0 million. They are actively investing in long-term growth and market share expansion.

PubMatic announced record revenue of $58.1 million for Q3 2021, a 54% increase year-over-year. The company reported GAAP net income of $13.5 million and an adjusted EBITDA of $24.3 million. PubMatic is raising its full year 2021 financial outlook.

PubMatic reported strong Q2 2021 financial results with revenue and adjusted EBITDA exceeding guidance. Multiple growth drivers led to year-over-year revenue growth of 88%, GAAP net income of $9.9 million, and adjusted EBITDA of $18.6 million.

PubMatic reported a strong first quarter with revenue of $43.6 million, a 54% increase year-over-year, and net income of $4.9 million. The company's performance was driven by multiple organic growth drivers and an omnichannel platform, leading to raised full year outlook for 2021.

PubMatic reported a record fourth quarter and full year 2020, driven by multiple growth factors. Q4 2020 saw a 64% year-over-year revenue increase, a 356% net income growth, and a 190% Adjusted EBITDA growth.