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PubMatic (PUBM) free cash flow by quarter

PubMatic's free cash flow was $17.3M in Q2 2026 (second quarter 2026), +61% from Q1 2026. Over the last 7 quarters it ranged from $6.9M (Q4 2025) to $22.8M (Q3 2025).

PubMatic free cash flow by quarterPubMatic free cash flow by quarter$8.9MQ4 2024$7.3MQ1 2025$9.3MQ2 2025$22.8MQ3 2025$6.9MQ4 2025$10.7MQ1 2026$17.3MQ2 2026
QuarterFree cash flowQ/QY/Y
Q2 2026$17.3M+61%+86%
Q1 2026$10.7M+56%+47%
Q4 2025$6.9M-70%-23%
Q3 2025$22.8M+146%—
Q2 2025$9.3M+27%—
Q1 2025$7.3M-18%—
Q4 2024$8.9M——

Q2 2026 at a glance

PubMatic, Q2 2026: revenue $78.6M (+10% year over year), operating margin 0.7%, net loss $1.2M, operating cash flow $20.2M. The chart follows the revenue to costs, profit and cash.

Questions

What is PubMatic's free cash flow?

PubMatic's free cash flow was $17.3M in Q2 2026 (second quarter 2026), +61% from Q1 2026.

How has PubMatic's free cash flow changed?

Over the last 7 quarters it ranged from $6.9M (Q4 2025) to $22.8M (Q3 2025).

Q2 2026 results → · How PubMatic makes money →