What is PubMatic's R&D?

PubMatic (PUBM) reported R&D of $7.99M in Q1 2026.

How has PubMatic's R&D changed year-over-year?

PubMatic's R&D decreased by 9.0% year-over-year, from $8.77M to $7.99M.

What is the long-term trend for PubMatic's R&D?

Over 4 years (2021 to 2025), PubMatic's R&D has grown at a 20.8% compound annual growth rate (CAGR), from $15.88M to $33.82M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

PubMatic PUBM R&D

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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 us-gaap:ResearchAndDevelopmentExpense.

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 R&D?: PubMatic (PUBM) reported R&D of $7.99M in Q1 2026.
How has PubMatic's R&D changed year-over-year?: PubMatic's R&D decreased by 9.0% year-over-year, from $8.77M to $7.99M.
What is the long-term trend for PubMatic's R&D?: Over 4 years (2021 to 2025), PubMatic's R&D has grown at a 20.8% compound annual growth rate (CAGR), from $15.88M to $33.82M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.