---
schema_version: "secwatch.filing_event.v1"
accession: "0001422930-23-000021"
form_type: "8-K"
ticker: "PUBM"
cik: "0001422930"
company_name: "PubMatic, Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:43:39.732501+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PubMatic Q1 revenue $55.4M beats guidance; GAAP net loss $5.9M versus year-ago profit

## Summary
- Revenue $55.4M (+2% YoY), above guidance; net dollar-based retention 105% (down from 140%).
- GAAP net loss $5.9M ($0.11 loss per share) vs income $4.8M ($0.08) a year ago.
- Adjusted EBITDA $8.4M (15% margin) down from $17.0M (31% margin) in Q1 2022.
- Omnichannel video revenue +13% YoY; Supply Path Optimization reached >35% of activity.
- Cash from ops $12.8M; $173.2M cash, no debt; repurchased $15.4M in stock through April.

## SEC filing metadata
- accession: 0001422930-23-000021
- form_type: 8-K
- ticker: PUBM
- cik: 0001422930
- company_name: PubMatic, Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1422930/000142293023000021/0001422930-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1422930/000142293023000021/pubm-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001422930-23-000021
- JSON: https://secwatch.observer/filing/0001422930-23-000021.json
- Plain text: https://secwatch.observer/filing/0001422930-23-000021.txt

## Key facts
- Earnings Releases
  PubMatic, Inc. reported the fiscal quarter ended March 31, 2023 results: revenue $55.4 million, net income $5.9 million, EPS $(0.11) per diluted share.
  - Period: the fiscal quarter ended March 31, 2023
  - Revenue: $55.4 million
  - Net income: $5.9 million
  - EPS: $(0.11) per diluted share
  - Result: reported results
  source text: First Quarter 2023 Financial Highlights • Revenue in the first quarter of 2023 was $55.4 million, an increase of 2% over $54.6 million in the same period of 2022; • Revenue from omnichannel video in the first quarter of 2023 grew 13% over the same period last year; • GAAP net loss was $5.9 million, or $(0.11) per diluted share in the first quarter, compared to GAAP net income of $4.8 million, or $0.08 per diluted share in the same period of 2022;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1422930/000142293023000021/0001422930-23-000021-index.htm

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