PubMatic, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $81.2m $82.5m $92.4m $78.5m $100.5m $145.5m
Accounts receivable, net $219.5m $286.9m $314.3m $375.5m $424.8m $358.2m
Prepaid expenses and other current assets $6.6m $14.2m $14.8m $11.1m $10.1m $18.9m
Total current assets $327.1m $460.7m $503.5m $562.0m $575.5m $522.6m
Property, equipment and software - net $30.0m $50.1m $71.2m $60.7m $58.5m $52.7m
Acquisition-related intangible assets, net $0 $8.3m $5.9m $4.3m $2.7m
Goodwill $6.2m $6.2m $29.6m $29.6m $29.6m $29.6m
Operating lease right-of-use assets $0 $21.6m $26.2m $21.1m $44.4m $38.1m
Marketable securities $19.8m $77.1m $82.0m $96.8m $40.1m $0
Deferred income tax asset $762k $515k $1.0m $13.9m $24.9m $31.0m
Other assets, non-current $7.1m $10.9m $2.4m $2.1m $2.3m $3.5m
Operating lease liabilities, current $0 $3.9m $5.7m $6.2m $5.8m $7.0m
Operating lease liabilities, non-current $0 $17.8m $20.9m $15.6m $39.5m $36.9m
Other liabilities, non-current $2.7m $2.2m $6.5m $3.8m $3.9m $4.8m
TOTAL STOCKHOLDERS’ EQUITY $175.4m $257.2m $312.2m $296.2m $277.3m $262.6m
TOTAL ASSETS $371.2m $550.2m $642.2m $695.2m $739.5m $680.2m
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $371.2m $550.2m $642.2m $695.2m $739.5m $680.2m
Accounts payable $176.7m $244.3m $277.4m $347.7m $386.6m $343.6m
Accrued liabilities $14.8m $18.8m $18.9m $25.7m $26.4m $25.3m
Total current liabilities $191.6m $267.0m $302.0m $379.6m $418.8m $375.9m
TOTAL LIABILITIES $195.8m $293.0m $330.0m $399.0m $462.3m $417.6m
Preferred stock, $0.0001 par value per share, 10,000 shares authorized as of December 31, 2025 and 2024; No shares issued and outstanding as of December 31, 2025 and 2024 0 0 0 0 0 0
Common stock, par value $0.0001 per share; 1,000,000 Class A shares authorized as of December 31, 2025 and 2024; 51,029 shares issued and 38,624 shares outstanding as of December 31, 2025; 48,177 shares issued and 39,860 shares outstanding as of December 31, 2024; 1,000,000 Class B shares authorized as of December 31, 2025 and 2024; 11,404 shares issued and 8,263 shares outstanding as of December 31, 2025; 11,382 shares issued and 8,241 outstanding as of December 31, 2024 6k 6k 6k 6k 6k 7k
Treasury stock, at cost; 15,546 and 11,458 shares as of December 31, 2025 and 2024, respectively ($11.4m) ($11.5m) ($11.5m) ($71.1m) ($146.8m) ($193.5m)
Additional paid-in capital $144.2m $169.4m $195.7m $230.4m $275.3m $321.1m
Accumulated other comprehensive income (loss) $1k ($36k) ($9k) ($4k) ($636k) $68k
Retained earnings $42.7m $99.3m $128.0m $136.9m $149.4m $134.9m