---
schema_version: "secwatch.filing_event.v1"
accession: "0001422930-24-000025"
form_type: "8-K"
ticker: "PUBM"
cik: "0001422930"
company_name: "PubMatic, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T17:22:22.804455+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PubMatic reports record Q1 revenue of $66.7M, up 20% YoY; adjusted EBITDA more than doubles to $15.1M

## Summary
- Revenue $66.7M, +20% YoY; net loss $(2.5)M vs $(5.9)M loss in Q1 2023.
- Adjusted EBITDA $15.1M (23% margin) vs $7.4M (13% margin) in Q1 2023.
- Non-GAAP EPS $0.09 (diluted) vs $(0.00) in Q1 2023; net dollar-based retention 106%.
- Operating cash flow $24.3M (+90% YoY); free cash flow $16.3M (tripled); cash $174.1M, no debt.
- Repurchased 1.1M shares for $20.1M YTD through Apr 30; $95.6M remaining in buyback program.

## SEC filing metadata
- accession: 0001422930-24-000025
- form_type: 8-K
- ticker: PUBM
- cik: 0001422930
- company_name: PubMatic, Inc.
- filed_at: 2024-05-07T23:59:59+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/1422930/000142293024000025/0001422930-24-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1422930/000142293024000025/pubm-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001422930-24-000025
- JSON: https://secwatch.observer/filing/0001422930-24-000025.json
- Plain text: https://secwatch.observer/filing/0001422930-24-000025.txt

## Key facts
- Earnings Releases
  PubMatic, Inc. reported first quarter ended March 31, 2024 results: revenue $66.7 million, net income $(2.5) million, EPS $(0.05) per diluted share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $66.7 million
  - Net income: $(2.5) million
  - EPS: $(0.05) per diluted share
  - Result: reported results
  source text: and we believe our competitive moat is widening while our logo list continues to grow.” First Quarter 2024 Financial Highlights • Revenue in the first quarter of 2024 was $66.7 million, up 20% compared to the same period of 2023; • Net dollar-based retention 1 was 106% for the trailing twelve-months ended March 31, 2024, compared to 105% in the comparable
  evidence_url: https://www.sec.gov/Archives/edgar/data/1422930/000142293024000025/0001422930-24-000025-index.htm

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