← PubMatic, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $113.9m |
$148.7m
+30.63%
|
$226.9m
+52.55%
|
$256.4m
+12.99%
|
$267.0m
+4.15%
|
$291.3m
+9.08%
|
$282.9m
-2.86%
|
$289.2m
+2.21%
|
|
| Cost of revenue | $36.1m |
$41.2m
+14.08%
|
$58.3m
+41.58%
|
$81.5m
+39.78%
|
$99.2m
+21.74%
|
$101.0m
+1.81%
|
$103.1m
+2.04%
|
$102.9m
-0.22%
|
|
| Gross profit | $77.8m |
$107.6m
+38.31%
|
$168.6m
+56.74%
|
$174.9m
+3.72%
|
$167.8m
-4.05%
|
$190.2m
+13.38%
|
$179.8m
-5.46%
|
$186.3m
+3.60%
|
|
| Technology and development | $12.5m | $12.2m | $15.9m | $20.8m | $26.7m | $33.3m | $33.8m | — | |
| Sales and marketing | $36.5m | $43.3m | $58.2m | $68.6m | $82.8m | $95.4m | $102.9m | — | |
| General and administrative | $20.3m | $20.3m | $35.8m | $44.9m | $56.2m | $57.7m | $60.3m | $61.8m | |
| Total operating expenses | $69.3m | $75.8m | $109.8m | $134.3m | $165.7m | $186.3m | $197.1m | $200.9m | |
| Operating income (loss) | $8.5m |
$31.8m
+273.19%
|
$58.8m
+85.13%
|
$40.5m
-31.08%
|
$2.0m
-94.98%
|
$3.9m
+92.88%
|
($17.3m)
-539.50%
|
($14.6m)
+15.47%
|
|
| Interest income | $1.3m | $537k | $300k | $2.2m | $8.8m | $8.5m | $5.5m | $4.9m | |
| Other income (expense), net | ($577k) | ($712k) | $281k | $681k | ($359k) | $5.4m | ($4.2m) | ($2.1m) | |
| Total other income, net | $713k | ($175k) | $6.0m | ($3.1m) | $8.5m | $13.8m | $1.3m | — | |
| Income before provision for (benefit from) income taxes | $9.2m | $31.6m | $64.8m | $37.5m | $10.5m | $17.8m | ($16.0m) | — | |
| Provision for (benefit from) income taxes | $2.6m | $5.0m | $8.2m | $8.8m | $1.6m | $5.3m | ($1.5m) | — | |
| 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%
|
($13.5m)
+6.79%
|
|
| Basic (in usd per share) | $0.66 | $2.11 | $1.13 | $0.55 | $0.17 | $0.25 | ($0.31) | — | |
| Diluted (in usd per share) | $0.55 | $1.55 | $1.00 | $0.50 | $0.16 | $0.23 | ($0.31) | — |