Superworth

PubMatic profit margin PUBM

Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.

Net margin, 12 months
−4.7%
Operating margin, 12 months
−5.0%
Net margin on a year earlier
−4.1 pts
Peer median
7.4%

Over the twelve months to Jun 30, 2026, PubMatic kept −4.7% of its revenue as net profit, with an operating margin of −5.0% and a gross margin of 64.4%.

Five years earlier its net margin was 21.3%.

The median for 10 application software stocks of a similar size is 7.4%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−5.1%−6.1%63.6%
FY20244.3%1.3%65.3%
FY20233.3%0.8%62.8%
FY202211.2%15.8%68.2%
FY202124.9%25.9%74.3%
FY202017.9%21.3%72.3%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−4.7%−4.1 pts−5.0%
Q1 FY26−6.2%−8.1 pts−7.3%
Q4 FY25−5.1%−9.4 pts−6.1%
Q3 FY25−2.5%−8.5 pts−3.8%
Q2 FY25−0.6%−7.7 pts−1.3%
Q1 FY251.9%−2.5 pts−0.8%
Q4 FY244.3%+1.0 pts1.3%
Q3 FY246.0%+4.8 pts3.3%
Q2 FY247.1%+5.3 pts3.7%
Q1 FY244.4%−2.6 pts2.6%
Q4 FY233.3%−7.9 pts0.8%
Q3 FY231.2%−16.0 pts−0.7%

Against its peers

Companies in Software - Application nearest PubMatic's size, closest first, today.

CompanyProfit margin
PUBMPubMatic−4.7%
TASKTaskUs8.8%
EVEREverQuote15.2%
YEXTYext5.9%
MNTNMNTN18.0%
NRDSNerdwallet7.6%
IBEXIBEX7.2%
HSTMHealthstream6.6%
CARSCars.com4.7%
OOMAOoma3.6%
UPWKUpwork12.9%
Peer median7.4%

Where PubMatic ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on PubMatic

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.