Quarterly ResultMay 7, 2026, 04:26 PM
PubMatic Q1 Revenue $62.57M; Net Loss $(12.51)M; EPS $(0.27)
AI Summary
PubMatic reported a decrease in revenue and an increased net loss for the first quarter of 2026. Revenue fell to $62.57 million, and the net loss widened to $(12.51) million, resulting in a basic and diluted net loss per share of $(0.27). Despite the decline in top-line and bottom-line figures, the company saw an increase in net cash provided by operating activities and continued its share repurchase program, buying back $8.8 million in stock during the quarter. Regional performance was mixed, with growth in EMEA and APAC offsetting a decline in the United States.
Key Highlights
- Revenue decreased to $62.57 million for Q1 2026, down from $63.83 million in Q1 2025.
- Net loss increased to $(12.51) million in Q1 2026, compared to $(9.49) million in Q1 2025.
- Basic and diluted net loss per share was $(0.27) for Q1 2026, up from $(0.20) in Q1 2025.
- Operating loss widened to $(15.27) million in Q1 2026 from $(11.90) million in Q1 2025.
- Net cash provided by operating activities increased to $17.30 million in Q1 2026 from $15.62 million in Q1 2025.
- The company repurchased 1,048,650 shares of Class A common stock for $8.8 million in Q1 2026.
- $85.1 million remains available for repurchases under the program, extended to December 31, 2026.
- EMEA revenue increased to $20.95 million (Q1 2026) from $18.85 million (Q1 2025), and APAC revenue grew to $6.86 million from $5.38 million.
- United States revenue decreased to $33.45 million (Q1 2026) from $38.13 million (Q1 2025).
Price Impact
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