← PubMatic, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | $6.6m |
$26.6m
+300.62%
|
$56.6m
+112.69%
|
$28.7m
-49.29%
|
$8.9m
-69.06%
|
$12.5m
+40.79%
|
($14.5m)
-215.66%
|
— | |
| Depreciation and amortization | $12.7m | $15.7m | $23.1m | $34.2m | $44.8m | $45.4m | $43.8m | $40.2m | |
| Amortization Of Securities | — | — | — | ($577k) | ($4.1m) | ($4.1m) | ($822k) | ($113k) | |
| Depreciation Amortization Depletion | — | — | — | $34.2m | $44.8m | $45.4m | $43.8m | $40.2m | |
| Deferred income taxes | $193k | $2.9m | $4.8m | ($7.2m) | ($13.4m) | ($11.0m) | ($14.5m) | ($6.6m) | |
| Deferred Tax | — | — | — | ($7.2m) | ($13.4m) | ($11.0m) | ($14.5m) | ($6.6m) | |
| Stock-based compensation | $2.0m | $3.6m | $14.1m | $20.6m | $28.9m | $37.7m | $38.4m | $35.7m | |
| Stock-based compensation capitalized as internal use software costs | $20k | $40k | $903k | $1.5m | $2.5m | $3.1m | $3.5m | $35.7m | |
| Earnings (Loss)es From Equity Investments | — | — | ($5.4m) | $5.9m | $0 | $0 | — | $0 | |
| Change In Working Capital | — | — | — | ($514k) | $4.2m | ($13.8m) | $22.4m | $26.1m | |
| Accounts receivable | ($11.9m) | ($102.2m) | ($67.4m) | ($24.4m) | ($75.7m) | ($49.3m) | $66.6m | $205k | |
| Change In Receivables | — | — | — | ($24.4m) | ($75.7m) | ($49.3m) | $66.6m | $205k | |
| Changes In Account Receivables | — | — | — | ($24.4m) | ($75.7m) | ($49.3m) | $66.6m | $205k | |
| Accounts payable | $18.5m | $77.4m | $68.3m | $29.8m | $79.7m | $38.1m | ($42.4m) | $20.0m | |
| Property and equipment included in accounts payable and accrued expenses | $770k | $111k | $49k | $749k | $203k | $618k | $1k | — | |
| Capitalized software costs included in accounts payable and accrued expenses | $1.2m | $1.3m | $1.8m | $1.8m | $3.0m | $2.4m | $2.4m | — | |
| Change In Payables And Accrued Expense | — | — | — | $28.7m | $82.7m | $47.7m | ($26.2m) | $20.0m | |
| Accrued liabilities | $2.0m | $3.5m | $3.5m | ($1.0m) | $3.0m | $9.6m | $16.2m | $20.0m | |
| Change In Accrued Expense | — | — | — | ($1.0m) | $3.0m | $9.6m | $16.2m | $20.0m | |
| Other | $19k | $189k | $45k | $90k | $45k | ($25k) | ($1.0m) | — | |
| Prepaid expenses and other current assets | $618k | ($2.8m) | ($7.7m) | ($1.6m) | $3.9m | ($5.8m) | ($16.2m) | — | |
| Other liabilities, non-current | $384k | ($718k) | ($927k) | $2.3m | ($893k) | $197k | $861k | — | |
| Change In Other Current Liabilities | — | — | — | ($3.2m) | ($6.7m) | ($6.3m) | ($1.8m) | ($2.3m) | |
| Net cash provided by operating activities | $35.1m |
$24.3m
-30.73%
|
$88.7m
+264.49%
|
$87.2m
-1.66%
|
$81.1m
-6.98%
|
$73.4m
-9.49%
|
$81.1m
+10.40%
|
$88.0m
+8.61%
|
|
| Purchases of and deposits on property and equipment | ($9.6m) | ($24.2m) | ($30.4m) | ($35.9m) | ($10.6m) | ($17.6m) | ($14.3m) | — | |
| Capital Expenditure Reported | — | — | — | ($13.0m) | ($17.7m) | ($20.9m) | ($20.5m) | ($34.0m) | |
| Accretion of discount on marketable securities | ($341k) | ($145k) | ($45k) | ($577k) | ($4.1m) | ($4.1m) | ($822k) | — | |
| Purchases of marketable securities | ($37.5m) | ($36.7m) | ($90.6m) | ($137.8m) | ($140.6m) | ($142.0m) | ($26.0m) | — | |
| Proceeds from sales of marketable securities | $696k | $2.3m | $0 | $0 | $18.9m | $0 | $27.1m | — | |
| Proceeds from maturities of marketable securities | $30.3m | $36.0m | $33.2m | $133.4m | $111.0m | $202.9m | $39.9m | — | |
| Net cash provided by (used in) investing activities | ($22.1m) | ($29.9m) | ($96.7m) | ($81.4m) | ($39.0m) | $22.3m | $6.1m | ($27.9m) | |
| Long Term Debt Payments | — | — | — | ($119k) | ($126k) | ($131k) | ($140k) | ($145k) | |
| Net Issuance Payments Of Debt | — | — | — | ($119k) | ($126k) | ($131k) | ($140k) | ($145k) | |
| Net Long Term Debt Issuance | — | — | — | ($119k) | ($126k) | ($131k) | ($140k) | ($145k) | |
| Repayment Of Debt | — | — | — | ($119k) | ($126k) | ($131k) | ($140k) | ($145k) | |
| Proceeds from issuance of common stock for employee stock purchase plan | $0 | $0 | $4.8m | $3.0m | $1.9m | $2.4m | $2.1m | $0 | |
| Common Stock Payments | — | — | — | $0 | ($59.3m) | ($75.3m) | ($46.5m) | ($33.3m) | |
| Net Common Stock Issuance | — | — | — | $0 | ($59.3m) | ($75.3m) | ($46.5m) | ($33.3m) | |
| Repurchase Of Capital Stock | — | — | — | $0 | ($59.3m) | ($75.3m) | ($46.5m) | ($33.3m) | |
| Net cash used in financing activities | ($1k) |
$52.5m
+5248600.00%
|
$9.4m
-82.17%
|
$4.0m
-56.88%
|
($56.0m)
-1486.92%
|
($73.5m)
-31.27%
|
($42.7m)
+41.85%
|
($30.2m)
+29.37%
|
|
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | $13.0m | $46.9m | $1.3m | $9.9m | ($13.9m) | $22.3m | $44.4m | ||
| CASH AND CASH EQUIVALENTS - Beginning of Year | $34.2m | $81.2m | $82.5m | $92.4m | $78.5m | $100.5m | $145.5m | — | |
| Beginning Cash Position | — | — | — | $82.5m | $92.4m | $78.5m | $100.5m | $90.5m | |
| Effect Of Exchange Rate Changes | — | — | — | $0 | $0 | ($318k) | $666k | ($497k) | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Provision for doubtful accounts | $3.6m | $319k | $0 | $0 | $5.7m | $0 | $0 | — | |
| Non-cash lease expense | $0 | $0 | $2.0m | $5.8m | $6.1m | $6.8m | $7.4m | — | |
| Operating lease liabilities | $0 | $0 | ($2.3m) | ($5.5m) | ($5.8m) | ($6.5m) | ($2.6m) | — | |
| Capitalized software development costs | ($5.4m) | ($7.2m) | ($8.9m) | ($13.0m) | ($17.7m) | ($20.9m) | ($20.5m) | — | |
| Payment of business combination indemnification claims holdback | — | — | — | $0 | $0 | ($2.1m) | $0 | — | |
| Proceeds from exercise of stock options | $4k | $2.4m | $5.4m | $1.2m | $1.5m | $1.8m | $1.8m | — | |
| Principal payments on finance lease obligations | $0 | $0 | ($10k) | ($119k) | ($126k) | ($131k) | ($140k) | — | |
| Payments to acquire treasury stock | ($5k) | ($3k) | ($52k) | $0 | ($59.3m) | ($75.3m) | ($46.5m) | — | |
| Effect of foreign currency on cash | — | — | — | $0 | $0 | ($318k) | $666k | — | |
| Business combination purchase consideration - indemnification claims holdback | — | $0 | $0 | $2.1m | $2.1m | $0 | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | $4.0m | ($56.0m) | ($73.5m) | ($42.7m) | ($30.2m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | ($81.4m) | ($39.0m) | $22.3m | $6.1m | ($27.9m) | |
| Change In Account Payable | — | — | — | $29.8m | $79.7m | $38.1m | ($42.4m) | $20.0m | |
| Change In Cash Supplemental As Reported | — | — | — | $9.9m | ($13.9m) | $22.3m | $44.4m | — | |
| Change In Payable | — | — | — | $29.8m | $79.7m | $38.1m | ($42.4m) | $20.0m | |
| Change In Prepaid Assets | — | — | — | ($1.6m) | $3.9m | ($5.8m) | ($16.2m) | ($11.8m) | |
| Changes In Cash | — | — | — | $9.9m | ($13.9m) | $22.3m | $44.4m | $30.0m | |
| End Cash Position | — | — | — | $92.4m | $78.5m | $100.5m | $145.5m | $120.5m | |
| Financing Cash Flow | — | — | — | $4.0m |
($56.0m)
-1486.92%
|
($73.5m)
-31.27%
|
($42.7m)
+41.85%
|
($30.2m)
+29.37%
|
|
| Free Cash Flow | — | — | — | $38.3m | $52.8m | $34.9m | $46.2m | $54.0m | |
| Income Tax Paid Supplemental Data | — | — | $6.8m | $9.2m | $15.6m | $14.2m | — | $12.1m | |
| Investing Cash Flow | — | — | — | ($81.4m) | ($39.0m) | $22.3m | $6.1m | ($27.9m) | |
| Net Business Purchase And Sale | — | — | $0 | ($28.1m) | $0 | $0 | — | $0 | |
| Net Investment Purchase And Sale | — | — | — | ($4.4m) | ($10.7m) | $60.8m | $40.9m | $9.7m | |
| Net PPE Purchase And Sale | — | — | — | ($35.9m) | ($10.6m) | ($17.6m) | ($14.3m) | ($14.5m) | |
| Operating Gains Losses | — | — | ($5.4m) | $5.9m | — | — | — | — | |
| Other Non Cash Items | — | — | — | $5.9m | $6.2m | $6.8m | $6.3m | — | |
| Proceeds From Stock Option Exercised | — | — | — | $4.2m | $3.4m | $4.1m | $3.9m | $3.3m | |
| Provisionand Write Offof Assets | — | — | — | $0 | $5.7m | $0 | $0 | $0 | |
| Purchase Of Business | — | — | $0 | ($28.1m) | $0 | $0 | — | $0 | |
| Purchase Of Investment | — | — | — | ($137.8m) | ($140.6m) | ($142.0m) | ($26.0m) | ($17.4m) | |
| Purchase Of PPE | — | — | $30.4m | ($35.9m) | ($10.6m) | ($17.6m) | ($14.3m) | ($34.0m) | |
| Sale Of Investment | — | — | — | $133.4m | $129.9m | $202.9m | $67.0m | $27.1m | |
| Unrealized Gain Loss On Investment Securities | — | — | ($5.4m) | $5.9m | — | — | — | — |