Filing Flows › PubMatic (PUBM) › Q3 2026 › vs Q2 2026
PubMatic (PUBM) Q3 2026 vs Q2 2026 (quarter over quarter)
PubMatic's revenue rose $984K (+1%) from $78.6M in Q2 2026 to $79.6M in Q3 2026. Gross margin 69.9% against 67.1% (+2.8 pts).
PubMatic, Q3 2026: revenue $79.6M (+17% year over year), operating margin 11.0%, net earnings $5.5M, operating cash flow $30.8M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 69.9% | 67.1% | +2.8 pts |
| Operating margin | 11.0% | 0.7% | +10.3 pts |
| Net margin | 7.0% | -1.5% | +8.5 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $79.6M | $78.6M | $984K | +1% |
| Gross profit | $55.6M | $52.7M | $2.9M | +5% |
| Cost of revenue | $24.0M | $25.9M | −$1.9M | -7% |
| Other income, net | $1.2M | $1.3M | −$124K | -10% |
| Operating profit | $8.7M | $579K | $8.2M | 15× |
| Operating expenses | $46.9M | $52.1M | −$5.3M | -10% |
| Pre-tax earnings | $9.9M | $1.9M | $8.0M | +428% |
| Research & development | $7.9M | $9.1M | −$1.2M | -13% |
| Sales & marketing | $23.4M | $26.1M | −$2.7M | -10% |
| General & admin | $15.5M | $16.9M | −$1.3M | -8% |
| Net earnings | $5.5M | −$1.2M | $6.7M | — |
| Income tax | $4.4M | $3.1M | $1.3M | +42% |
| Share-based compensation | $7.5M | $8.3M | −$807K | -10% |
| Working capital & other | $17.7M | $13.1M | $4.7M | +36% |
| Operating cash flow | $30.8M | $20.2M | $10.6M | +52% |
Questions
How much did PubMatic's revenue grow quarter over quarter in Q3 2026?
PubMatic's revenue rose $984K (+1%) from $78.6M in Q2 2026 to $79.6M in Q3 2026. Gross margin 69.9% against 67.1% (+2.8 pts).