PUBM (PubMatic) OCF Margin %: 27.64% (As of Mar. 2026) — Near Median


PUBM PubMatic Inc PUBM
77 GF Score
Price $12.24
GF Value $16.86
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PubMatic OCF Margin %?

PubMatic PUBM +6.39% 77 OCF Margin % is 27.64% as of Mar. 2026, which is 6% below its 10-year median of 29.52. GuruFocus rates PUBM with a GF Score™ of 77/100 and a GF Value™ of $16.86 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,816 Software companies, PubMatic ranks better than 88.71% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. PubMatic's Cash Flow from Operations for the three months ended in Mar. 2026 was $17.3 Mil. PubMatic's Revenue for the three months ended in Mar. 2026 was $62.6 Mil. Therefore, PubMatic's OCF Margin % for the quarter that ended in Mar. 2026 was 27.64%.

As of today, PubMatic's current OCF Yield % is 14.55%.

The historical rank and industry rank for PubMatic's OCF Margin % or its related term are showing as below:

PUBM' s OCF Margin % Range Over the Past 10 Years
Min: 15.71   Med: 29.52   Max: 39.08
Current: 29.37


During the past 8 years, the highest OCF Margin % of PubMatic was 39.08%. The lowest was 15.71%. And the median was 29.52%.

PUBM's OCF Margin % is ranked better than
88.71% of 2816 companies
in the Software industry
Industry Median: 6.77 vs PUBM: 29.37


PubMatic OCF Margin % Related Terms


PubMatic OCF Margin % Historical Data

* Premium members only.

The historical data trend for PubMatic's OCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PubMatic OCF Margin % Chart

PubMatic Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial 39.08 34.02 30.38 25.21 28.65

PubMatic Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.47 20.96 47.64 22.69 27.64

PUBM vs RBBN, CRNC, ALIT: OCF Margin % Comparison

For the Software - Application subindustry, PubMatic's OCF Margin %, along with its competitors' market caps and OCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PubMatic OCF Margin % vs Software Industry

For the Software industry and Technology sector, PubMatic's OCF Margin % distribution charts can be found below:

* The bar in red indicates where PubMatic's OCF Margin % falls into.


PUBM
77GF Score
PubMatic Inc PUBM
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PubMatic OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

PubMatic's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=81.059/282.926
=28.65 %

PubMatic's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=17.295/62.567
=27.64 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 27.64% mean?
PubMatic (PUBM) has a OCF Margin % of 27.64% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on PubMatic and its competitors. This is near median its historical median of 29.52. Over the past decade, PubMatic's OCF Margin % has ranged from 15.71 to 39.08. According to the industry distribution chart, PubMatic ranks #318 out of 2816 companies in the Software industry, placing it in the top 11.3%.
Is PubMatic's OCF Margin % too high?
PubMatic's current OCF Margin % of 27.64% is near median its 10-year median of 29.52. Over the past 10 years, this metric has ranged from a low of 15.71 to a high of 39.08. The Software industry median OCF Margin % is 6.77. PubMatic's value of 27.64% is 308.3% above this industry median. Based on the distribution chart, PubMatic ranks #318 out of 2816 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, PubMatic has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PubMatic's OCF Margin % compare to RBBN and CRNC?
According to the Software industry distribution chart, PubMatic ranks #318 out of 2816 companies for OCF Margin %. This places PubMatic in the top 11% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 6.77. PubMatic's value of 27.64% is 308.3% above this benchmark. Historically, PubMatic's own OCF Margin % has ranged from 15.71 to 39.08 over the past decade. While the company's 10-year median is 29.52 vs. the industry median of 6.77, PubMatic has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Software company?
The median OCF Margin % among Software companies is 6.77, based on 2,816 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PubMatic's current OCF Margin % of 27.64% is 308.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on PubMatic and its competitors. For the Software industry, the median OCF Margin % is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PubMatic's current OCF Margin % is 27.64%, which is near median its own 10-year median of 29.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PubMatic stock overvalued right now?
Based on GuruFocus' analysis, PubMatic (PUBM) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.86, compared to a current price of $12.24 — trading 27.4% below its estimated fair value. The current OCF Margin % is 27.64%, which is near median its 10-year median of 29.52 and 308.3% above the Software industry median of 6.77. PubMatic's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For PubMatic (PUBM), the current OCF Margin % is 27.64% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PubMatic (PUBM) Overvalued in 2026?

Based on GuruFocus' analysis, PubMatic stock appears to be undervalued. The current stock price of $12.24 is trading 27.4% below its estimated GF Value™ of $16.86. GuruFocus considers PubMatic to be Modestly Undervalued.

Key valuation signals for PUBM:

  • OCF Margin %: 27.64% (near median its 10-year median of 29.52)
  • GF Value™: $16.86 vs. price of $12.24 (27.4% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 308.3% above the Software median (#318 of 2816)

No single metric tells the full story. See the PUBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PubMatic Business Description

Address 601 Marshall Street, Redwood City, CA, USA, 94063
PubMatic Inc is is an independent, artificial intelligence-powered advertising technology company that delivers digital advertising performance. Its integrated technology platform connects buyers, publishers, data providers, and commerce media networks on a single, unified platform, to deliver advertising performance, control, transparency and efficiency. Its platform empowers the world's digital content creators (publishers) to maximize monetization of their advertising inventory and audiences and provides control and transparency to buyers, which includes advertisers, agencies, agency trading desks, and demand side platforms (DSPs) (referred as buyers). Geographically, the company generates the majority of its revenue from the United States, followed by EMEA, APAC, and Rest of the World.
77GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.24
Price
$16.86
GF Value