PubMatic Q1 revenue falls to $62.6 million as net loss widens to $12.5 million
PubMatic reported first-quarter 2026 revenue of $62.6 million, down from $63.8 million a year earlier, and a GAAP net loss of $12.5 million, or $0.27 per diluted share, versus a $9.5 million loss, or $0.20 per share, in the prior-year quarter. Adjusted EBITDA fell to $2.6 million from $8.5 million, though management said results exceeded its own guidance and gave second-quarter guidance of $68 million to $70 million in revenue.
Key points
- Q1 2026 revenue was $62.6 million, compared with $63.8 million in Q1 2025.
- GAAP net loss was $12.5 million, or $(0.27) per diluted share, compared with $9.5 million, or $(0.20) per share, a year earlier.
- Adjusted EBITDA was $2.6 million (4% margin), compared with $8.5 million (13% margin) in Q1 2025.
- For Q2 2026, the company expects revenue of $68 million to $70 million and adjusted EBITDA of $8.0 million to $10.0 million.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.