The earnings call highlighted strong growth in emerging revenue streams and CTV, as well as successful integration of AI for operational improvements. However, challenges from DSP platform changes, stagnant display revenue, and macroeconomic uncertainties balance out the positive aspects, indicating a mix of opportunities and risks.

Company Guidance -

Q3 2025

During PubMatic's Second Quarter 2025 Earnings Call, the company provided guidance indicating strong financial performance with revenue and adjusted EBITDA exceeding expectations. Revenue grew by 6% year-over-year, driven by a 19% increase in underlying business revenue, particularly from CTV and emerging revenue streams. The company achieved a 20% adjusted EBITDA margin, marking its 37th consecutive quarter of profitability. Despite some challenges from changes in a top DSP partner's platform, PubMatic is focused on diversifying its DSP mix and accelerating investments in high-growth areas such as CTV, commerce media, and AI integration. The company processed approximately 78 trillion impressions in Q2, and CTV revenues, representing nearly 20% of total revenue, grew over 50% year-over-year. PubMatic's strategy includes scaling emerging revenue streams, expanding international partnerships, and leveraging AI to enhance operational efficiency and campaign performance. The company anticipates challenges in the second half of the year but remains optimistic about its long-term growth prospects, estimating that a 1% market share shift could result in $50 million to $75 million in net revenue.

Strong Revenue and EBITDA Performance

PubMatic delivered a strong second quarter with revenue and adjusted EBITDA ahead of expectations, including a 19% year-over-year growth in revenue from the underlying business and a 6% growth in reported revenue.

CTV Revenue Growth

CTV revenue grew over 50% year-over-year, representing nearly 20% of total revenue. This marks the fourth consecutive quarter of such growth.

Emerging Revenue Streams Expansion

Emerging revenue streams more than doubled year-over-year, accounting for 8% of total revenue in the second quarter.

AI Integration and Advancements

PubMatic integrated AI across its tech stack, launching AI-powered capabilities that enhance campaign performance and optimize decision-making.

Healthy Cash Flow and Financial Position

The company generated $14.9 million in net operating cash flows and ended the quarter with $117.6 million in cash and marketable securities with no debt.

PubMatic (PUBM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PUBM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	-0.21 / -	-0.02	―	―	―
Aug 11, 2025	2025 (Q2)	-0.16 / -0.11	0.04	-375.00% (-0.15)
May 08, 2025	2025 (Q1)	-0.21 / -0.20	-0.05	-300.00% (-0.15)
Feb 27, 2025	2024 (Q4)	0.23 / 0.26	0.34	-23.53% (-0.08)
Nov 12, 2024	2024 (Q3)	-0.06 / -0.02	0.03	-166.67% (-0.05)
Aug 08, 2024	2024 (Q2)	-0.02 / 0.04	-0.11	136.36% (+0.15)
May 07, 2024	2024 (Q1)	-0.11 / -0.05	-0.11	54.55% (+0.06)
Feb 26, 2024	2023 (Q4)	0.20 / 0.34	0.22	54.55% (+0.12)
Nov 08, 2023	2023 (Q3)	-0.07 / 0.03	0.06	-50.00% (-0.03)
Aug 08, 2023	2023 (Q2)	-0.06 / -0.11	0.14	-178.57% (-0.25)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PUBM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 11, 2025	$10.57	$8.34	-21.10%
May 08, 2025	$11.00	$11.09	+0.82%
Feb 27, 2025	$13.97	$10.63	-23.91%
Nov 12, 2024	$16.43	$16.26	-1.03%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Pubmatic Inc (PUBM) report earnings?

Pubmatic Inc (PUBM) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).

What is Pubmatic Inc (PUBM) earnings time?

Pubmatic Inc (PUBM) earnings time is at Nov 11, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PUBM EPS forecast?

PUBM EPS forecast for the fiscal quarter 2025 (Q3) is -0.21.

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