PubMatic annual net debt
2020
2021
2022
2023
2024
2025
PubMatic Net Debt Growth & History (PUBM)
PubMatic's net debt was −$101.3M for fiscal 2025.
View full PubMatic company overviewPubMatic annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$101.3M | −$46.7M | — |
| 2024 | 2024-12-31 | −$54.6M | $1.5M | — |
| 2023 | 2023-12-31 | −$56.0M | $9.0M | — |
| 2022 | 2022-12-31 | −$65.0M | −$5.1M | — |
| 2021 | 2021-12-31 | −$59.9M | $21.2M | — |
| 2020 | 2020-12-31 | −$81.2M | — | — |
PubMatic quarterly net debt
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$79.1M | −$34.3M | — |
| Q1 2026 | 2026-03-31 | −$102.2M | −$45.7M | — |
| Q4 2025 | 2025-12-31 | −$101.3M | −$46.7M | — |
| Q3 2025 | 2025-09-30 | −$91.6M | −$48.5M | — |
| Q2 2025 | 2025-06-30 | −$44.8M | $5.2M | — |
| Q1 2025 | 2025-03-31 | −$56.5M | −$1.3M | — |
| Q4 2024 | 2024-12-31 | −$54.6M | $1.5M | — |
| Q3 2024 | 2024-09-30 | −$43.0M | $31.6M | — |
| Q2 2024 | 2024-06-30 | −$50.0M | $30.8M | — |
| Q1 2024 | 2024-03-31 | −$55.2M | −$2.1M | — |
| Q4 2023 | 2023-12-31 | −$56.0M | $9.0M | — |
| Q3 2023 | 2023-09-30 | −$74.6M | −$51.3M | — |
| Q2 2023 | 2023-06-30 | −$80.8M | −$57.9M | — |
| Q1 2023 | 2023-03-31 | −$53.1M | −$4.6M | — |
| Q4 2022 | 2022-12-31 | −$65.0M | −$5.1M | — |
| Q3 2022 | 2022-09-30 | −$23.3M | $66.1M | — |
| Q2 2022 | 2022-06-30 | −$22.9M | $67.7M | — |
| Q1 2022 | 2022-03-31 | −$48.5M | $28.2M | — |
| Q4 2021 | 2021-12-31 | −$59.9M | $21.2M | — |
| Q3 2021 | 2021-09-30 | −$89.4M | — | — |
| Q2 2021 | 2021-06-30 | −$90.6M | — | — |
| Q1 2021 | 2021-03-31 | −$76.6M | — | — |
| Q4 2020 | 2020-12-31 | −$81.2M | — | — |
PubMatic net debt trends
Over the last five fiscal years, PubMatic's net debt decreased from −$81.2M to −$101.3M, a change of −$20.1M. The latest reported quarter, Q2 2026, shows −$79.1M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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