Pubmatic $PUBM Read from its own SEC filings · nothing written, nothing inferred
🫧 Edgar looked up PUBMATIC, INC. ($PUBM). Last filing: 8-K (5.02 Departure or Election of Directors; Appointment of Officers), 2026-08-12. 7 event filings (8-K) in the past twelve months.
🔖 Exposure: revenue $282.9M (FY2025). Experience: revenue down 2.9% on the year, up 5.7% a year over 4 years; operating margin -6.1%, down from 1.3%. Soundness: equity 38.6% of assets, return on equity -5.5%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $241.5M and $319.9M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $224.9M to $344.4M. A statistical range, not company guidance. Against peers (40 filers, $50M+ revenue, services-computer programming, data processing, etc.): operating margin -6.1% against a 2.9% median; growth -2.9% against 5.7%.
Speed and cash · fiscal 2025
Both views must agree for a label · a description, not advice.
| Cash flow (op · inv · fin · free) | $81M · $6M · −$43M · $67M |
| Investment book (cash · short · long) | $146M · $0M · — · current ratio 1.39 |
| Revenue swing · equity of assets | 6.5% · 38.6% |
Pubmatic is growing slower than its size class, with steadier revenue. Its own audited SEC figures.
The figures, as filed
| Fiscal year end | 2025-12-31 |
| Revenue | $283M |
| Revenue, on the year | −2.9% |
| Revenue, a year over the record | 5.7% |
| Operating margin | −6.1% |
| Operating margin, prior year | 1.3% |
| Net margin | −5.1% |
| Research and development | $34M · 12.0% of revenue |
| Total debt | — |
| Equity of assets | 38.6% |
| Return on equity | −5.5% |
| Payout of profit | — |
| Dividend per share | — |
| Earnings per share | $-0.31 |
| Book value per share | $5.59 |
| Revenue per share | $6.02 |
| Shares outstanding | 47,008,000 |
| Audited years read | 5 |
Peers: the median of 40 filers with $50M+ revenue in services-computer programming, data processing, etc..
Health HarborPubmatic sails as: New ship
Health watch · 12 monthsDirector or officer change ×3
Sailing speed follows growth: 3.3% a year crosses the harbor in 70 seconds.
🌊 Visit the Bay →No warning signs on the measures below.
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 8-K · 2026-08-12 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-08-06
- 8-K · 2026-08-06 · 2.02 Results of Operations and Financial Condition; 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits
- 8-K · 2026-06-03 · 5.07 Submission of Matters to a Vote of Security Holders
- 10-Q · 2026-05-07
- 8-K · 2026-05-07 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits
Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company