PubMatic, Inc.

For the period ended Jun 30, 2025. Filed Aug 11, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 11, 2025

PUBM$16.96-10.9%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(In thousands, except per share data)

	Three Months Ended June 30,		Six Months Ended June 30,
	2025	2024	2025	2024
Revenue	$71,095	$67,267	$134,920	$133,968
Cost of revenue	26,612	25,160	52,200	50,584
Gross profit	44,483	42,107	82,720	83,384
Operating expenses:
Technology and development	9,116	8,659	17,888	16,619
Sales and marketing	25,200	23,095	51,999	47,910
General and administrative	15,628	14,338	30,197	28,365
Total operating expenses	49,944	46,092	100,084	92,894
Operating loss	(5,461)	(3,985)	(17,364)	(9,510)
Interest income	1,379	2,340	2,972	4,904
Other income (expense), net	(1,988)	4,028	(3,002)	4,286
Income (loss) before income taxes	(6,070)	2,383	(17,394)	(320)
Provision for (benefit from) income taxes	(862)	412	(2,700)	163
Net income (loss)	$(5,208)	$1,971	$(14,694)	$(483)
Basic net income (loss) per share of Class A and Class B stock	$(0.11)	$0.04	$(0.31)	$(0.01)
Diluted net income (loss) per share of Class A and Class B stock	$(0.11)	$0.04	$(0.31)	$(0.01)
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders:
Basic	47,185	49,780	47,763	49,910
Diluted	47,185	55,577	47,763	49,910

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.