| Annual · values | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 81.06 M USD | 73.42 M USD | 81.12 M USD | 87.21 M USD | 88.68 M USD | 24.33 M USD | 35.13 M USD |
| Depreciation & Amortization | 19.00 M USD | 24.80 M USD | 28.50 M USD | 23.60 M USD | 15.70 M USD | 9.80 M USD | 6.90 M USD |
| Stock-Based Compensation | — | — | — | — | — | — | — |
| Capital Expenditures | 14.35 M USD | 17.59 M USD | 10.60 M USD | 35.87 M USD | 30.43 M USD | 24.18 M USD | 9.55 M USD |
| Cash Flow from Investing | 6.07 M USD | 22.31 M USD | -39.02 M USD | -81.37 M USD | -96.72 M USD | -29.88 M USD | -22.09 M USD |
| Cash Flow from Financing | -42.73 M USD | -73.48 M USD | -55.98 M USD | 4.04 M USD | 9.36 M USD | 52.48 M USD | -1000 USD |
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Buybacks | 46.50 M USD | 75.33 M USD | 59.27 M USD | 0 USD | 52000 USD | 3000 USD | 5000 USD |
| Free Cash Flow | 66.71 M USD | 55.83 M USD | 70.52 M USD | 51.34 M USD | 58.25 M USD | 153000 USD | 25.57 M USD |
PubMatic Inc. is a cloud-based digital advertising technology company that operates a sell-side platform (SSP) enabling publishers to automate and optimize the sale of their ad inventory across display, mobile, video, and connected TV (CTV) channels. Its core offerings include real-time bidding infrastructure, header bidding solutions like OpenWrap, data analytics tools, and AI-powered features such as AgenticOS, AI Insights, and agentic workflows that provide real-time benchmarking, demand interpretation, and autonomous campaign optimization. PubMatic facilitates seamless programmatic auctions, transparent reporting, and premium inventory access for buyers including demand-side platforms, advertisers, agencies, and trading desks, helping publishers maximize yield while enhancing buyer experiences. The platform supports omnichannel media, with significant focus on high-growth areas like CTV, mobile apps, interactive ad formats, and pause ads, partnering with over 90% of top streaming platforms and integrating NVIDIA-accelerated computing. Geographically, PubMatic generates the majority of its revenue from the United States, followed by EMEA and APAC. Founded in 2006 and headquartered in Redwood City, California, PubMatic plays a key role in the open internet ecosystem by driving efficiency and innovation in digital ad monetization.