PubMatic, Inc.
PUBMNasdaqTechnology · Services-Computer Programming, Data Processing, Etc. · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $282.9M | $291.3M | $267.0M | $256.4M | $226.9M | $148.7M |
| Operating income | −$17.3M | $3.9M | $2.0M | $40.5M | $58.8M | $31.8M |
| Net income | −$14.5M | $12.5M | $8.9M | $28.7M | $56.6M | $26.6M |
| Total assets | $680.2M | $739.5M | $695.2M | $642.2M | $550.2M | $371.2M |
| Total liabilities | $417.6M | $462.3M | $399.0M | $330.0M | $293.0M | $195.8M |
| Equity | $262.6M | $277.3M | $296.2M | $312.2M | $257.2M | $175.4M |
| EPS (diluted) | $-0.31 | $0.23 | $0.16 | $0.50 | $1.00 | $0.46 |
| Shares out. | 47.0M | 54.3M | 56.0M | 56.9M | 56.6M | 17.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −6.1%
- Net margin
- −5.1%
- Return on equity
- −5.5%
- Return on assets
- −2.1%
- Return on capital (ROCE)
- −5.7%
- Liabilities / assets
- 61.4%
- Debt / equity
- 1.59×
- Book value / share
- $5.59
- Revenue growth (YoY)
- −2.9%
- Net income growth (YoY)
- −215.7%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 2.55grey zone
- Accruals / assets
- −14.0%clean
- Beneish M-Score
- -3.23normal
- Piotroski F-Score
- 6/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 4 warning● 2 good- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Altman Z″ in the grey zone
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Graham Holdings CoPassive (13G)May 15, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
- Blackrock, Inc.Passive (13G)Jan 21, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 2.5M | 2.9 | +15.2% |
| Apr 30, 2026 | 2.2M | 3.9 | +15.3% |
| Apr 15, 2026 | 1.9M | 3.1 | -0.4% |
| Mar 31, 2026 | 1.9M | 2.8 | +13.1% |
| Mar 13, 2026 | 1.7M | 1.7 | -5.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 7, 2026
- Results of operations · Director / officer changeApr 22, 2026
- Results of operationsFeb 26, 2026
- Results of operationsNov 10, 2025
- Regulation FD disclosure · Other material eventSep 8, 2025
- Results of operationsAug 11, 2025
- Shareholder voteJun 4, 2025
- Results of operations · Other material eventMay 8, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.