Company Analysis

PubMatic, Inc. (PUBM)

Nasdaq: PUBM · Services-Computer Programming, Data Processing, Etc. · Redwood City, CA · filing with the SEC since 2008
Grade4.7
◀ Past 6.1● Present 5.2▶ Future 3.4

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019
Report filedFeb 26, 2026Feb 27, 2025Feb 28, 2024Feb 28, 2023Mar 1, 2022Mar 26, 2021·
Revenue282,926291,256267,014256,380226,908148,748113,871
For lenders
Net interest income··8,8282,214300··
Cost of revenue103,085101,02799,22981,51258,31341,18636,104
Gross profit179,841190,229167,785174,868168,595107,56277,767
Research and development33,82033,26326,72720,84615,88512,25012,453
Sales and marketing102,94095,36982,80368,56258,16043,29736,498
General and administrative60,34057,67056,21944,94035,76120,26020,307
Total operating expenses197,100186,302165,749134,348109,80675,80769,258
Operating income-17,2593,9272,03640,52058,78931,7558,509
Interest and investment income···2,2143005371,290
Interest income (expense), net5,4558,4778,8282,214···
Other income (expense), net-4,1505,370-359681281-712-577
Total non-operating income (expense)1,30513,8478,469-3,0536,014-175713
Income before income taxes-15,95417,77410,50537,46764,80331,5809,222
Income tax expense-1,4925,2701,6248,7628,1994,9672,579
Net income-14,46212,5048,88128,70556,60426,6136,643
Net income to common shareholders-14,46212,5048,88128,70556,6046,426439
Earnings per share, basic-0.310.250.170.551.130.510.04
Earnings per share, diluted-0.310.230.160.501.000.460.04
Weighted average shares, basic47,008,00049,213,00051,760,00052,278,000r50,184,000r12,642,29310,036,983
Weighted average shares, diluted47,008,00054,294,00056,027,00056,908,000r56,629,000r17,125,88212,169,884
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton PUBM · research, not advice