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PubMatic PUBM Q2 2026 earnings

Reported August 6, 2026 · After market close

Revenue$78.6MBeat by $9.6M
EPS-$0.03Beat by $0.15
Revenue estimate$69.0M
EPS estimate-$0.18
The second quarter marked an important inflection point for PubMatic. We delivered double-digit revenue growth earlier than anticipated, expanded profitability and strengthened our competitive position across AgenticOS, CTV, and mobile app. AI is transforming how digital advertising is planned, activated and optimized, increasing the emphasis on performance advertising. Our AI-native infrastructure and proprietary intelligence consistently deliver better performance, faster execution and greater efficiency for customers. Every interaction strengthens that intelligence, creating a compounding advantage that is difficult to replicate. Further, we're bringing new forms of advertising, new sources of demand and new intelligence onto our platform that will significantly expand our long-term market opportunities.
Rajeev Goel

Next report

Nov 9, 2026 (in 2 months)
Revenue estimate$76.1M
EPS estimate$0.17

Financials

Q2 2026

Income statement

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Revenue$78.6M+10.5%
Gross profit$52.7M+18.5%
Operating income$579.0K+111%
Net income-$1.2M+76.9%
EPS (diluted)-$0.03+72.7%

Balance sheet

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Cash & equivalents$120.0M+32.6%
Total debt$40.9M-10.4%
Total equity$238.7M-1.9%
Total assets$700.0M+3.7%

Cash flow

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Operating cash flow$20.2M+35.6%
CapEx$3.0M+121%
Free cash flow$17.3M+27.2%

Valuation & ratios

Valuation

as of 09/16/26
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Market cap$764.33M+98.5%
Enterprise value$685.27M+101%
P/S2.6×+1.3×

Profitability

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Gross margin64.4%-0.4pp
FCF margin25.4%+8.7pp

Returns & leverage

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Debt / equity0.2×0.0×
Current ratio1.3×0.0×

Segments

By geography

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EMEA$25.0M+4.0%
APAC$10.3M+64.9%
Rest of the world$1.7M+18.4%

By segment

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Reportable Segment$78.6M+10.5%

FAQ

When did PubMatic report Q2 2026 earnings?
PubMatic (PUBM) reported Q2 2026 earnings on August 6, 2026 after market close.
What were PubMatic's Q2 2026 revenue and EPS?
PubMatic reported revenue of $78.6M and eps of $-0.03 for Q2 2026.
Did PubMatic beat estimates in Q2 2026?
Revenue beat the consensus estimate of $69.0M by $9.6M. EPS beat the consensus estimate of $-0.18 by $0.15.
How did PubMatic's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 10.5% from $71.1M a year earlier.
Where can I find PubMatic's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001422930-26-000029) and the 10-Q periodic report (0001422930-26-000030) directly on SEC EDGAR. The filing index links above go to sec.gov.