R&D expense · 2019–2025

Pubmatic R&D expense

$33.8M+1.7% · FY2025

Pubmatic (PUBM) reported $33.8M in R&D expense for fiscal 2025, +1.7% year on year.

$12.5M2019$12.3M2020$15.9M2021$20.8M2022$26.7M2023$33.3M2024$33.8M2025
Pubmatic — R&D expense, 2019–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$33.8M+1.7%Open →
FY20242024-12-31$33.3M+24.5%Open →
FY20232023-12-31$26.7M+28.2%Open →
FY20222022-12-31$20.8M+31.2%Open →
FY20212021-12-31$15.9M+29.7%Open →
FY20202020-12-31$12.3M−1.6%Open →
FY20192019-12-31$12.5M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2019–2025 compound annual growth +18.1%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Pubmatic R&D expense |url=https://companiesranked.com/en/company/pubmatic/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Pubmatic R&D expense. CompaniesRanked. https://companiesranked.com/en/company/pubmatic/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-pubmatic-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Pubmatic R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/pubmatic/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001422930-26-000010 · February 26, 2026

{{cite web |title=Pubmatic R&D expense — 10-K (0001422930-26-000010) |url=https://www.sec.gov/Archives/edgar/data/1422930/000142293026000010/pubm-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-26}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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