---
schema_version: "secwatch.filing_event.v1"
accession: "0001422930-23-000056"
form_type: "8-K"
ticker: "PUBM"
cik: "0001422930"
company_name: "PubMatic, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:04:26.937889+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PubMatic Q3 revenue and adjusted EBITDA beat guidance; SPO reaches 45%

## Summary
- Revenue $63.7M (down 1% YoY), GAAP net income $1.8M ($0.03 EPS), exceeded guidance.
- Adjusted EBITDA $18.2M (29% margin) vs $25.1M (39%) YoY; Non-GAAP EPS $0.14.
- Supply Path Optimization activity rose to 45% of total, up from prior quarters.
- CTV revenue down 3% YoY but up 5% sequentially; net dollar retention 97%.
- Cash from ops $23.8M; free cash flow $17.2M; $46.6M used for share buybacks YTD.

## SEC filing metadata
- accession: 0001422930-23-000056
- form_type: 8-K
- ticker: PUBM
- cik: 0001422930
- company_name: PubMatic, Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1422930/000142293023000056/0001422930-23-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1422930/000142293023000056/pubm-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001422930-23-000056
- JSON: https://secwatch.observer/filing/0001422930-23-000056.json
- Plain text: https://secwatch.observer/filing/0001422930-23-000056.txt

## Key facts
- Earnings Releases
  PubMatic, Inc. reported the fiscal quarter ended September 30, 2023 results: revenue $63.7 million, net income $1.8 million, EPS $0.03 per diluted share.
  - Period: the fiscal quarter ended September 30, 2023
  - Revenue: $63.7 million
  - Net income: $1.8 million
  - EPS: $0.03 per diluted share
  - Result: reported results
  source text: under Regulation FD. --- EX-99.1 (EX-99.1) --- PubMatic Announces Third Quarter 2023 Financial Results Revenue and adjusted EBITDA exceeded guidance; Delivered revenue of $63.7 million, net income of $1.8 million or 3% margin, adjusted EBITDA of $18.2 million or 29% margin; Generated $23.8 million in cash from operating activities and $17.2 million of free cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/1422930/000142293023000056/0001422930-23-000056-index.htm

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