Company / Cost of Revenue
PubMatic, Inc. Cost of Revenue History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$99.2M
FY2025
5-year range
$36.1M / $99.2M
FY2021-FY2025
Trend
+21.7%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Cost of Revenue has increased for 4 consecutive years, from $36M in FY2021 to $99M in FY2025.
Based on SEC 10-K filings.
$99M in FY2025 with a 3-year CAGR of +34.1%.
Increased from $58M to $99M over the past 2 years.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +34.1%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- PubMatic, Inc.'s cost of revenue has grown for 4 consecutive years.
- 3-year CAGR of +34.1%, indicating consistent growth.
- In FY2025, cost of revenue increased 21.7% year-over-year.
- Lowest cost of revenue in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score 0.84 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $99.2M | +21.7% |
| FY2024 | $81.5M | +39.8% |
| FY2023 | $58.3M | +41.6% |
| FY2022 | $41.2M | +14.1% |
| FY2021 | $36.1M | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026