PubMatic Inc
NASDAQ:PUBM
Income Statement
Earnings Waterfall
PubMatic Inc
Income Statement
PubMatic Inc
| Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||
| Revenue |
150
N/A
|
208
+39%
|
227
+9%
|
238
+5%
|
251
+6%
|
258
+3%
|
256
0%
|
257
+0%
|
258
+0%
|
257
0%
|
267
+4%
|
278
+4%
|
282
+1%
|
290
+3%
|
291
+0%
|
288
-1%
|
292
+1%
|
288
-1%
|
|
| Gross Profit | |||||||||||||||||||
| Cost of Revenue |
(37)
|
(53)
|
(58)
|
(64)
|
(70)
|
(75)
|
(82)
|
(87)
|
(93)
|
(98)
|
(99)
|
(101)
|
(101)
|
(100)
|
(101)
|
(101)
|
(103)
|
(103)
|
|
| Gross Profit |
113
N/A
|
155
+37%
|
169
+9%
|
174
+3%
|
181
+4%
|
182
+0%
|
175
-4%
|
170
-3%
|
164
-3%
|
159
-3%
|
168
+6%
|
178
+6%
|
181
+2%
|
190
+5%
|
190
+0%
|
187
-2%
|
190
+1%
|
186
-2%
|
|
| Operating Income | |||||||||||||||||||
| Operating Expenses |
(74)
|
(102)
|
(110)
|
(117)
|
(125)
|
(130)
|
(134)
|
(145)
|
(156)
|
(161)
|
(166)
|
(170)
|
(171)
|
(181)
|
(186)
|
(190)
|
(193)
|
(197)
|
|
| Selling, General & Administrative |
(63)
|
(87)
|
(94)
|
(100)
|
(107)
|
(111)
|
(114)
|
(122)
|
(131)
|
(135)
|
(139)
|
(142)
|
(141)
|
(148)
|
(153)
|
(156)
|
(159)
|
(161)
|
|
| Research & Development |
(11)
|
(15)
|
(16)
|
(17)
|
(18)
|
(19)
|
(21)
|
(23)
|
(24)
|
(26)
|
(27)
|
(28)
|
(30)
|
(32)
|
(33)
|
(34)
|
(35)
|
(35)
|
|
| Operating Income |
39
N/A
|
53
+36%
|
59
+11%
|
57
-4%
|
56
-1%
|
52
-8%
|
41
-22%
|
25
-38%
|
8
-67%
|
(2)
N/A
|
2
N/A
|
7
+253%
|
10
+44%
|
10
-8%
|
4
-59%
|
(2)
N/A
|
(4)
-60%
|
(11)
-180%
|
|
| Pre-Tax Income | |||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
6
|
0
|
0
|
0
|
(4)
|
(3)
|
(0)
|
2
|
7
|
8
|
8
|
8
|
10
|
8
|
7
|
6
|
|
| Total Other Income |
0
|
1
|
0
|
7
|
8
|
2
|
1
|
(1)
|
(1)
|
4
|
1
|
2
|
6
|
5
|
4
|
4
|
(2)
|
(2)
|
|
| Pre-Tax Income |
38
N/A
|
53
+37%
|
65
+23%
|
64
-1%
|
64
0%
|
54
-15%
|
38
-31%
|
22
-41%
|
7
-68%
|
4
-40%
|
11
+146%
|
17
+62%
|
25
+44%
|
22
-9%
|
18
-21%
|
9
-49%
|
1
-92%
|
(7)
N/A
|
|
| Net Income | |||||||||||||||||||
| Tax Provision |
(5)
|
(6)
|
(8)
|
(8)
|
(10)
|
(10)
|
(9)
|
(4)
|
(3)
|
(1)
|
(2)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(2)
|
(0)
|
|
| Income from Continuing Operations |
34
|
47
|
57
|
56
|
54
|
44
|
29
|
18
|
5
|
3
|
9
|
12
|
20
|
17
|
13
|
5
|
(2)
|
(7)
|
|
| Net Income (Common) |
20
N/A
|
34
+67%
|
57
+67%
|
56
0%
|
54
-4%
|
44
-19%
|
29
-35%
|
18
-37%
|
5
-75%
|
3
-34%
|
9
+200%
|
12
+39%
|
20
+63%
|
17
-13%
|
13
-28%
|
5
-56%
|
(2)
N/A
|
(7)
-325%
|
|
| EPS (Diluted) |
0.35
N/A
|
0.59
+69%
|
1
+69%
|
1
N/A
|
0.96
-4%
|
0.78
-19%
|
0.5
-36%
|
0.34
-32%
|
0.08
-76%
|
0.05
-38%
|
0.16
+220%
|
0.24
+50%
|
0.35
+46%
|
0.35
N/A
|
0.23
-34%
|
0.11
-52%
|
-0.03
N/A
|
-0.15
-400%
|
|