Short answer
PubMatic, Inc. (PUBM) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $63M (down 2.0% year over year) with net income of −$13M.
Q1 2026 key financials · XBRL
- Revenue
- $63M
- −2.0% YoY
- Net income
- −$13M
- −31.9% YoY
- Operating margin
- -24.4%
- Gross margin
- 58.3%
- EPS (diluted)
- −$0.27
- −35.0% YoY
Source: XBRL data from the PubMatic, Inc. (PUBM) Q1 2026 10-Q on SEC EDGAR. USD.
PubMatic, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $62.6M, down 2% YoY from $63.8M; DSP platform changes pressured results
- Gross margin 58% vs 60% YoY; operating margin (25)% vs (19)%
- Best performer: SPO, representing approximately 56% of total activity
- Operating cash flow $17.3M vs $15.6M; cash and equivalents $144.9M
- Share repurchases $8.8M for 1.05M shares; near-term headwinds from buyer changes and macroeconomic conditions
Risk Factors
- Newly added AI regulatory risk: EU AI Act provisions take effect August 2, 2026, with penalties up to €15 million or 3% of worldwide annual turnover
- Most materially updated AI risk: AI-powered search and agents may reduce open-web publisher traffic, shrinking programmatic advertising inventory
- Privacy compliance risk: California Delete Act deletion mechanism begins January 1, 2026, potentially increasing mass data requests and reducing targeting data
- Competitive risk: Rivals’ superior AI capabilities could accelerate closed ecosystems, causing market-share loss and pricing pressure
- Liquidity risk: Share repurchases reached approximately $189.9 million, potentially diminishing cash and cash equivalents and marketable securities
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other PubMatic, Inc. quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.