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PubMatic PUBM Non-Cash Lease Expense

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Other financials

Income statement

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Revenue$62.6M-2.0%
Gross profit$36.5M-4.6%
Operating income-$15.3M-28.3%
Net income-$12.5M-31.9%
EPS (diluted)-$0.27-35.0%

Balance sheet

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Cash & equivalents$144.9M+42.3%
Total debt$42.7M-5.8%
Total equity$251.0M-8.9%
Total assets$659.4M-1.4%

Cash flow

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Operating cash flow$17.3M+10.7%
CapEx$11.0K-99.2%
Free cash flow$17.3M+21.9%

Valuation

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Market cap$534.56M-0.1%
Enterprise value$432.37M-9.6%
P/S1.9×0.0×

Profitability

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Gross margin63.2%-1.7pp
Operating margin-3.8%-7.1pp
Net margin-2.5%-8.5pp
FCF margin24.8%+8.7pp

Returns & leverage

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Return on equity-2.9%-9.1pp
Debt / equity0.2×0.0×
Current ratio1.4×-0.1×

Where this comes from

Reported directly by PubMatic in its filing.

Tagged under the XBRL concept pubm:NonCashLeaseExpense.

The official record: PubMatic’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PubMatic's non-cash lease expense?
PubMatic (PUBM) reported non-cash lease expense of $1.84M in Q1 2026.
How has PubMatic's non-cash lease expense changed year-over-year?
PubMatic's non-cash lease expense decreased by 4.6% year-over-year, from $1.93M to $1.84M.
What is the long-term trend for PubMatic's non-cash lease expense?
Over 4 years (2021 to 2025), PubMatic's non-cash lease expense has grown at a 37.7% compound annual growth rate (CAGR), from $2.04M to $7.35M.
What does non-cash lease expense mean?
This metric captures the portion of operating lease costs that does not involve an immediate cash outflow, typically associated with the amortization of right-of-use assets. It is a critical adjustment in reconciling net income to operating cash flow under accounting standards for lease obligations. Monitoring this helps analysts understand the underlying cash impact of the company's real estate and equipment leasing strategy.