---
schema_version: "secwatch.filing_event.v1"
accession: "0001422930-25-000009"
form_type: "8-K"
ticker: "PUBM"
cik: "0001422930"
company_name: "PubMatic, Inc."
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T01:28:22.376891+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# PubMatic reports FY 2024 revenue up 9% to $291.3M; CTV more than doubles to 20% of Q4 revenue

## Summary
- FY 2024 revenue $291.3M (+9% YoY); GAAP net income $12.5M ($0.23 diluted EPS) vs $8.9M ($0.16) in 2023.
- Adjusted EBITDA $92.3M (32% margin) up 23% from $75.3M (28% margin); non-GAAP EPS $0.78 vs $0.57.
- Q4 2024 revenue $85.5M (+1% YoY); GAAP net income $13.9M ($0.26) vs $18.7M ($0.34); adjusted EBITDA margin 44% vs 46%.
- CTV revenue more than doubled year-over-year in Q4, representing 20% of total revenue; Supply Path Optimization 53% of activity in 2024.
- Repurchased 4.3M shares in 2024 (7.9% of fully diluted shares); cash $140.6M, no debt.

## SEC filing metadata
- accession: 0001422930-25-000009
- form_type: 8-K
- ticker: PUBM
- cik: 0001422930
- company_name: PubMatic, Inc.
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1422930/000142293025000009/0001422930-25-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1422930/000142293025000009/pubm-20250227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001422930-25-000009
- JSON: https://secwatch.observer/filing/0001422930-25-000009.json
- Plain text: https://secwatch.observer/filing/0001422930-25-000009.txt

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