Welcome to our dedicated page for Pubmatic SEC filings (Ticker: PUBM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The PubMatic, Inc. (NASDAQ: PUBM) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, including current reports on Form 8-K and other key documents filed with the U.S. Securities and Exchange Commission. These filings offer detailed information on PubMatic’s financial performance, risk factors, and material events affecting its operations as an independent digital advertising technology company.
PubMatic uses Form 8-K to report items such as quarterly financial results and significant corporate developments. For example, the company has furnished press releases announcing results for recent quarters as exhibits to 8-K filings under Item 2.02, Results of Operations and Financial Condition. PubMatic has also filed an 8-K describing its civil action against Google LLC, along with an update to its risk factors outlining potential business impacts from that litigation.
Investors reviewing PubMatic’s filings can examine how the company discusses non-GAAP financial measures, risk factors related to its relationships with major ecosystem participants, and the ways it communicates material information to the market. Over time, annual reports on Form 10-K, quarterly reports on Form 10-Q, and additional 8-K filings can provide insight into revenue trends, operating metrics, and strategic priorities in areas such as AI-powered infrastructure, connected TV, and programmatic advertising.
On Stock Titan, these documents are complemented by AI-powered summaries that help explain the contents of lengthy filings, highlight notable sections, and make it easier to identify items such as quarterly results, risk factor changes, and disclosures about significant partnerships or legal matters. Users can follow new PUBM filings as they are posted from EDGAR and use the summaries as a starting point before reviewing the full text.
PubMatic, Inc. director and officer Amar K. Goel reported routine equity compensation activity and a related tax sale. On April 1, 2026, he exercised restricted stock units that converted into 18,098 shares of Class A Common Stock for no cash cost. The footnotes state each RSU delivers one Class A share at settlement.
On April 2, 2026, he sold 6,528 Class A shares at a weighted average price of $8.1733 per share in block trades, explicitly to cover tax withholding obligations through a “sell to cover” transaction. Following these transactions, he directly holds 24,066 Class A shares, indicating he retained a substantial equity stake after satisfying tax obligations.
PubMatic, Inc. Chief Financial Officer Steven Pantelick reported routine equity compensation activity involving restricted stock units (RSUs) and related tax sales. On April 1, 2026, multiple RSU awards vested, and he acquired 45,663 shares of Class A Common Stock at no cost through RSU settlement and derivative exercises.
On April 2, 2026, he sold 16,747 shares of Class A Common Stock at a weighted average price of $8.1733 per share. Footnotes explain these shares were sold solely to cover tax withholding obligations via a “sell to cover” transaction rather than a discretionary open-market sale. After these transactions, he directly holds 57,601 shares of Class A Common Stock and continues to hold a substantial RSU balance, which vests quarterly so long as he remains in service.
PubMatic, Inc. CEO Rajeev K. Goel exercised stock options for 44,000 shares of Class B common stock at $1.11 per share and converted them into 44,000 shares of Class A common stock. Those 44,000 Class A shares were then sold at a weighted average price of $8.0952 per share under a pre-arranged Rule 10b5-1 trading plan, with the sale carried out by The Goel Family Trust. Following these transactions, Mr. Goel is reported as holding a total of 2,362,194 shares of Class A and Class B common stock, including direct and indirect holdings as of the filing date.
PUBM reported proposed dispositions of Common Stock under Form 144 by the Goel Family Trust, covering multiple planned sales of 44,000 shares on several dates in 2026, following an option exercise acquired on 03/09/2026.
The filings list individual sale dates and gross amounts for each 44,000-share block (for example, $385,440 on 01/05/2026 and $387,200 on 03/09/2026), with the broker shown as Goldman Sachs & Co. LLC.
PubMatic Inc — The Vanguard Group filed an amendment to a Schedule 13G/A reporting 0 shares beneficially owned, representing 0% of PubMatic common stock. The filing notes an internal realignment on January 12, 2026 that caused certain Vanguard subsidiaries to report holdings separately.
The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated March 27, 2026. The filing lists voting and dispositive powers as zero across sole and shared categories.
PubMatic, Inc. chief executive Rajeev K. Goel reported an exercise-and-sell transaction involving 44,000 shares tied to stock options. He exercised fully vested options for 44,000 shares of Class B common stock at an exercise price of $1.11 per share, which were then converted into Class A common stock.
The resulting 44,000 Class A shares were sold by The Goel Family Trust at a weighted average price of $8.723 per share, within a range of $8.59 to $8.85, under a Rule 10b5-1 trading plan adopted on March 2, 2025. Following these sales, Mr. Goel reports holding a total of 2,362,194 shares of Class A and Class B common stock, not including unexercised options or unvested equity awards, while the option award used in this transaction remains outstanding until July 7, 2026.
PUBM reported Rule 144 trading activity: a planned sale tied to an option exercise of 44,000 shares (acquired upon exercise on 03/09/2026) and multiple sales by the Goel Family Trust of 44,000 shares on several dates in 2025–2026. The filing lists specific sale dates and share counts, including Goel Family Trust transactions on 12/08/2025, 12/22/2025, 01/05/2026, 01/20/2026, 02/02/2026, and 02/17/2026, each showing 44,000 shares.
PubMatic, Inc. is an independent, AI-powered advertising technology company that runs a global sell-side platform connecting digital publishers with advertisers across display, mobile, video and connected TV. Its mission is to support ad-funded internet content by maximizing publisher monetization and advertiser performance on an omnichannel basis.
The company emphasizes its proprietary cloud infrastructure, early adoption of AI and machine learning, and direct relationships with both publishers and demand-side platforms as key competitive strengths. Growth initiatives focus on CTV, retail and commerce media, SPO agreements, new products such as Connect, Activate, OpenWrap and Convert, and AI-driven offerings like Intelligent Yield and AI Insights.
Major risks include dependence on overall advertising demand, heavy reliance on large DSPs such as Google DV360 and The Trade Desk, evolving privacy and data protection laws, restrictions on cookies and identifiers, rapid AI-driven industry change, infrastructure scaling challenges, and active litigation involving Google that could affect key commercial relationships.
PubMatic reported softer 2025 results but strong cash generation and heavy AI investment. Full-year revenue was $282.9 million, down from $291.3 million in 2024, with gross margin at 64%. The company posted a GAAP net loss of $14.5 million, or $(0.31) per diluted share, versus $12.5 million of net income a year earlier. Adjusted EBITDA was $61.6 million with a 22% margin, down from $92.3 million and a 32% margin.
Despite lower profits, operations remained cash generative: net cash from operating activities reached $81.1 million and free cash flow was $46.2 million, up 32% over 2024. PubMatic ended 2025 with $145.5 million in cash, cash equivalents, and marketable securities and no debt, and repurchased 4.1 million shares in 2025, about 8.1% of fully diluted shares as of December 31, 2025. Fourth-quarter revenue was $80.0 million, down from $85.5 million, with GAAP net income of $6.7 million and adjusted EBITDA of $27.8 million, a 35% margin. For the first quarter of 2026, the company expects revenue of $58–$60 million and adjusted EBITDA between $(0.5) million and $1.0 million.
PubMatic, Inc. reported that Chief Financial Officer Steven Pantelick acquired 316,097 restricted stock units (RSUs) on February 17, 2026 as an equity award. Each RSU represents the right to receive one share of Class A common stock for no consideration when it vests.
The RSUs vest in equal installments of 1/16 of the total shares quarterly, beginning on April 1, 2026, as long as Pantelick continues providing services on each vesting date. The RSUs have no expiration date; they will either vest on schedule or be canceled before vesting.