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PubMatic — Third Quarter 2026 Earnings Summary

  • Revenue reached $79.6 million, up 17% year-over-year, while GAAP net income reversed to a $5.5 million profit from a $6.5 million loss in Q3 2025; Adjusted EBITDA surged 133% to $26.0 million with margins expanding to 33%.
  • Full-year 2026 guidance projects revenue of $312–$314 million (11% YoY growth) and Adjusted EBITDA of $79–$81 million (30% YoY growth), with Q4 revenue expected between $91–$93 million.
  • The Board authorized an additional $150 million share repurchase program, bringing total allocated capital to $198 million through 2028, following $226.6 million in buybacks through September 30, 2026.
  • Strategic momentum is driven by AI and CTV growth, with CTV revenue up over 30% YoY, emerging revenues doubling, and AgenticOS delivering over 120 autonomous campaigns globally.
Company
PUBMATIC INC
Sector
Technology
Industry
Software - Application