---
schema_version: "secwatch.filing_event.v1"
accession: "0001422930-23-000006"
form_type: "8-K"
ticker: "PUBM"
cik: "0001422930"
company_name: "PubMatic, Inc."
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T21:43:39.307478+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PubMatic reports FY2022 revenue up 13% to $256.4M; GAAP EPS $0.50 vs $1.00; board authorizes $75M buyback

## Summary
- Full year 2022 revenue $256.4M (+13% YoY); GAAP net income $28.7M ($0.50 diluted EPS) vs $56.6M ($1.00) in 2021.
- Q4 revenue $74.3M, down 2% from $75.6M; GAAP net income $12.8M ($0.22) vs $28.2M ($0.50).
- Adjusted EBITDA $98.0M (38% margin) vs $96.3M (42% margin); non-GAAP EPS $0.92 vs $1.14.
- Omnichannel video revenue grew 42% in 2022; Supply Path Optimization represented 30%+ of total activity.
- Board authorized $75M share repurchase program through Dec 2024; ended 2022 with $174.4M cash and no debt.

## SEC filing metadata
- accession: 0001422930-23-000006
- form_type: 8-K
- ticker: PUBM
- cik: 0001422930
- company_name: PubMatic, Inc.
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1422930/000142293023000006/0001422930-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1422930/000142293023000006/pubm-20230227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001422930-23-000006
- JSON: https://secwatch.observer/filing/0001422930-23-000006.json
- Plain text: https://secwatch.observer/filing/0001422930-23-000006.txt

## Key facts
- Earnings Releases
  PubMatic, Inc. reported Full Year Ended December 31, 2022 results: revenue $256.4 million, net income $28.7 million, EPS $0.50 per diluted share.
  - Period: Full Year Ended December 31, 2022
  - Revenue: $256.4 million
  - Net income: $28.7 million
  - EPS: $0.50 per diluted share
  - Result: reported results
  source text: • Revenue in the full year 2022 was $256.4 million, an increase of 13% over $226.9 million in 2021; • GAAP net income 1 was $28.7 million, or $0.50 per diluted share in 2022, compared to net income of $56.6 million, or $1.00 per diluted share in 2021;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1422930/000142293023000006/0001422930-23-000006-index.htm
- Governance Changes
  PubMatic, Inc.: Amended and Restated Bylaws adopted to incorporate universal proxy rules, DGCL amendments, and other governance updates (effective 2023-02-27).
  - Change: bylaw amendment
  - Effective: 2023-02-27
  source text: On February 27, 2023, in connection with the effectiveness of new Securities and Exchange Commission rules regarding universal proxy cards, certain recent changes to the Delaware General Corporation Law (the “DGCL”) and a periodic review of the bylaws of the “Company, the Company’s Board of Directors (the “Board”) approved and adopted the Company’s Amended and Restated Bylaws (the “Amended and Restated Bylaws”), which became immediately effective.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1422930/000142293023000006/0001422930-23-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.