---
schema_version: "secwatch.filing_event.v1"
accession: "0001422930-24-000004"
form_type: "8-K"
ticker: "PUBM"
cik: "0001422930"
company_name: "PubMatic, Inc."
filed_at: "2024-02-26T23:59:59+00:00"
generated_at: "2026-06-05T14:56:30.421269+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PubMatic Q4 revenue $84.6M (+14% YoY), Adj. EBITDA $38.9M (46% margin); $100M buyback boost

## Summary
- Q4 revenue $84.6M, up 14% YoY; GAAP net income $18.7M ($0.34 diluted EPS); non-GAAP net income $24.4M ($0.45 diluted EPS).
- FY2023 revenue $267.0M, up 4% YoY; GAAP net income $8.9M; adjusted EBITDA $75.3M (28% margin); free cash flow $52.8M, up 38%.
- Board increased share repurchase authorization by $100M; total available ~$108.2M through Dec 31, 2025.
- Supply Path Optimization represented over 45% of total activity in Q4 2023.
- Ended 2023 with $175.3M cash and marketable securities, no debt.

## SEC filing metadata
- accession: 0001422930-24-000004
- form_type: 8-K
- ticker: PUBM
- cik: 0001422930
- company_name: PubMatic, Inc.
- filed_at: 2024-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1422930/000142293024000004/0001422930-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1422930/000142293024000004/pubm-20240226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001422930-24-000004
- JSON: https://secwatch.observer/filing/0001422930-24-000004.json
- Plain text: https://secwatch.observer/filing/0001422930-24-000004.txt

## Key facts
- Earnings Releases
  PubMatic, Inc. reported fiscal year ended December 31, 2023 results: revenue $267.0 million, net income $8.9 million, EPS $0.16 per diluted share.
  - Period: fiscal year ended December 31, 2023
  - Revenue: $267.0 million
  - Net income: $8.9 million
  - EPS: $0.16 per diluted share
  - Result: reported results
  source text: Revenue in the full year 2023 was $267.0 million, an increase of 4% over $256.4 million in 2022;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1422930/000142293024000004/0001422930-24-000004-index.htm
- Earnings Releases
  PubMatic, Inc. reported fiscal quarter ended December 31, 2023 results: revenue $84.6 million, net income $18.7 million, EPS $0.34 per diluted share.
  - Period: fiscal quarter ended December 31, 2023
  - Revenue: $84.6 million
  - Net income: $18.7 million
  - EPS: $0.34 per diluted share
  - Result: reported results
  source text: Revenue in the fourth quarter of 2023 was $84.6 million, an increase of 14% over $74.3 million in the same period of 2022;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1422930/000142293024000004/0001422930-24-000004-index.htm

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