PubMatic Q1 FY26 GAAP net loss widens to $12.5 million; revenue falls to $62.6 million

Pubmatic

Pubmatic

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  • PubMatic posted Q1 2026 revenue of USD 62.6 million, down 2% year over year, while GAAP net loss widened to USD 12.5 million, or USD 0.27 per share.
  • Adjusted EBITDA dropped to USD 2.6 million from a 13% margin a year earlier, cutting margin to 4%.
  • Net cash provided by operating activities rose 11% to USD 17.3 million, while free cash flow increased to USD 10.7 million.
  • AgenticOS logged more than 1,000 AI-powered deals to date, with more than 30 fully autonomous campaigns launched globally since January 2026.
  • Q2 2026 outlook calls for revenue of USD 68 million to USD 70 million, with adjusted EBITDA of USD 8 million to USD 10 million.


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