PubMatic

$4.67M 2025-2026 cycle

PubMatic is a political services vendor. In the 2025-2026 cycle PubMatic was paid $4.67M across 38 client committees.

● Recent

Part I Identity

Stable facts about this entity. These figures do not change as you adjust the timeframe in Part II.

Activity span ALL TIME
Oct 14, 2016 → Jul 31, 2026
spans 9.8 years
Disbursements ALL TIME
100
Schedule B rows
Client committees ALL TIME
38
distinct payers

Part II Activity in selected window

One timeframe control governs all three panels below. Change it once and the trajectory, top buyers, and party breakdown all update together.

Spend trajectory

Monthly spend to this vendor over the last 12 months.

Aug 2025 Jul 2026
$3.30M across 12 months
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Top buyers

Two views of the same data — diagram and table share the time-window control and the same top-buyers slice. Click "View all buyers in research" to drill in with the matching date range.

VIEW 1 DIAGRAM DECORATIVE

Top buyers last 1 months · top 1

STEYER FOR GOVERNOR 2026 $1.15M Media · 2 txns P PubMatic
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
STEYER FOR GOVERNOR 2026
1485077
$1,148,070 2
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 3 months · top 5

STEYER FOR GOVERNOR 2026 $1.48M Media · 5 txns KIM FOR INSURANCE COMMISSIONER 2026; … $41K — · 1 txn CALIFORNIA APARTMENT ASSOCIATION HOUS… $34K — · 2 txns CALIFORNIA LEADS $4K Admin & Office · 2 txns MENJIVAR FOR SENATE 2026 $693 Digital · 1 txn P PubMatic
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
STEYER FOR GOVERNOR 2026
1485077
$1,475,198 5
KIM FOR INSURANCE COMMISSIONER 2026; JANE
1485530
$40,842 1
CALIFORNIA APARTMENT ASSOCIATION HOUSING SOLUTIONS COMMITTEE
1405775
$34,383 2
CALIFORNIA LEADS
1478581
$3,509 2
MENJIVAR FOR SENATE 2026
1456738
$693 1
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 6 months · top 10

VIEW 1 DIAGRAM DECORATIVE

Top buyers last 12 months · top 10

STEYER FOR GOVERNOR 2026 $2.83M Media · 12 txns CALIFORNIA TEACHERS ASSOCIATION INDEP… $303K Media · 1 txn KIM FOR INSURANCE COMMISSIONER 2026; … $59K Other / Unclassified · 3 txns CALIFORNIA APARTMENT ASSOCIATION HOUS… $38K — · 3 txns WORKING PEOPLE UNITED SPONSORED BY SE… $33K Media · 4 txns NURSES AND EDUCATORS FOR HEALTHY CA C… $17K Media · 1 txn CALIFORNIA LEADS $17K Admin & Office · 5 txns MILLER FOR CALPERS BOARD 2025; DAVID $2K Other / Unclassified · 2 txns JOHNSON FOR CALPERS BOARD 2025 $1K Other / Unclassified · 1 txn 911819 $1K — · 1 txn P PubMatic
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 18 months · top 10

STEYER FOR GOVERNOR 2026 $2.83M Media · 12 txns CALIFORNIA TEACHERS ASSOCIATION INDEP… $303K Media · 1 txn KIM FOR INSURANCE COMMISSIONER 2026; … $59K Other / Unclassified · 3 txns CALIFORNIA APARTMENT ASSOCIATION HOUS… $38K — · 3 txns WORKING PEOPLE UNITED SPONSORED BY SE… $33K Media · 4 txns NURSES AND EDUCATORS FOR HEALTHY CA C… $17K Media · 1 txn CALIFORNIA LEADS $17K Admin & Office · 5 txns MILLER FOR CALPERS BOARD 2025; DAVID $2K Other / Unclassified · 2 txns JOHNSON FOR CALPERS BOARD 2025 $1K Other / Unclassified · 1 txn 911819 $1K — · 1 txn P PubMatic
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 24 months · top 10

STEYER FOR GOVERNOR 2026 $2.83M Media · 12 txns CALIFORNIA TEACHERS ASSOCIATION INDEP… $303K Media · 1 txn YES ON PROP 2, CALIFORNIANS FOR QUALI… $142K Digital · 4 txns KIM FOR INSURANCE COMMISSIONER 2026; … $59K Other / Unclassified · 3 txns HEALTHCARE WORKERS AND EDUCATORS CALI… $48K Strategy & Research · 4 txns CLEAN AND HEALTHY CALIFORNIA PAC $44K Digital · 12 txns CALIFORNIA APARTMENT ASSOCIATION HOUS… $38K — · 3 txns WORKING PEOPLE UNITED SPONSORED BY SE… $33K Media · 4 txns 980020 $27K Digital · 5 txns NURSES AND EDUCATORS FOR HEALTHY CA C… $17K Media · 1 txn P PubMatic

By party

PartyAmount%
Democratic $0 0.00%
Republican $0 0.00%
Non-partisan $4,674,549 100.00%

Part III Reference tables

Full all-time and cycle-to-date data.

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Cycle-over-cycle trajectory

2018202020212022202420252026 Q4 2018 (2018 cycle): $11KQ1 2020 (2020 cycle): $7KQ3 2020 (2020 cycle): $313KQ4 2020 (2020 cycle): $728KQ3 2021 (2020 cycle): $466Q2 2022 (2022 cycle): $9KQ4 2022 (2022 cycle): $14KQ1 2024 (2024 cycle): $3KQ3 2024 (2024 cycle): $36KQ4 2024 (2024 cycle): $236KQ3 2025 (2024 cycle): $3KQ1 2026 (2026 cycle): $77KQ2 2026 (2026 cycle): $2.07MQ3 2026 (2026 cycle): $1.15M Q4Q3Q3Q4Q3Q3Q2Q3 $2.07M

current cycle earlier election cycle off-cycle year quarterly · 7 years

Per-quarter totals
Year Q Cycle Total Txns Top buyer · share Top category · share Cum. (cycle) YoY %
2018 Q4 2018 $11K 3 THURMOND FOR SUPERINTENDENT… 61% Digital 100% $11K
2020 Q1 2020 $7K 3 NURSES AND EDUCATORS FOR A … 78% Digital 100% $7K
2020 Q3 2020 $313K 2 NO ON PROP 31 - CALIFORNIAN… 79% Digital 100% $320K
2020 Q4 2020 $728K 14 NO ON PROP 31 - CALIFORNIAN… 44% Digital 86% $1.05M +6788%
2021 Q3 2020 $466 1 LE ROUX FOR GOVERNOR 2021; … 100% Other / Unclassified 100% $1.05M
2022 Q2 2022 $9K 3 THURMOND FOR SUPERINTENDENT… 58% Digital 100% $9K
2022 Q4 2022 $14K 3 NO ON 30 - EDUCATORS OPPOSE… 50% Other / Unclassified 50% $22K -98%
2024 Q1 2024 $3K 2 CALIFORNIA TEACHERS ASSOCIA… 74% Digital 100% $3K
2024 Q3 2024 $36K 6 HEALTHCARE WORKERS AND EDUC… 71% Strategy & Research 71% $38K
2024 Q4 2024 $236K 24 YES ON PROP 2, CALIFORNIANS… 60% Digital 87% $274K +1605%
2025 Q3 2024 $3K 3 MILLER FOR CALPERS BOARD 20… 57% Other / Unclassified 100% $277K
2026 Q1 2026 $77K 3 STEYER FOR GOVERNOR 2026 100% Digital 100% $77K +2823%
2026 Q2 2026 $2.07M 28 STEYER FOR GOVERNOR 2026 77% Media 94% $2.15M
2026 Q3 2026 $1.15M 2 STEYER FOR GOVERNOR 2026 100% Media 100% $3.29M +3130%
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Revenue by service category

Revenue by service category

last 1 months · hover bars for cycle context
Media — cycle-to-date Total: $3.11M across 19 disbursements (avg $164K/check) Top buyer: STEYER FOR GOVERNOR 2026 (88% of category) Last paid: 2w ago · +45090% vs prior cycle Media $1.15M

Revenue by service category

last 3 months · hover bars for cycle context
Media — cycle-to-date Total: $3.11M across 19 disbursements (avg $164K/check) Top buyer: STEYER FOR GOVERNOR 2026 (88% of category) Last paid: 2w ago · +45090% vs prior cycle Media $1.48M Admin & Office — cycle-to-date Total: $17K across 5 disbursements (avg $3K/check) Top buyer: CALIFORNIA LEADS (100% of category) Last paid: 2mo ago · no prior-cycle baseline Admin & Office $4K Digital — cycle-to-date Total: $1.29M across 59 disbursements (avg $22K/check) Top buyer: NO ON PROP 31 - CALIFORNIANS AGAINST PROHIBITION, SPONSORED BY MANUFACTURERS (44% of category) Last paid: 2mo ago · +489% vs prior cycle Digital $693

Revenue by service category

last 6 months · hover bars for cycle context
Media — cycle-to-date Total: $3.11M across 19 disbursements (avg $164K/check) Top buyer: STEYER FOR GOVERNOR 2026 (88% of category) Last paid: 2w ago · +45090% vs prior cycle Media $3.1M Admin & Office — cycle-to-date Total: $17K across 5 disbursements (avg $3K/check) Top buyer: CALIFORNIA LEADS (100% of category) Last paid: 2mo ago · no prior-cycle baseline Admin & Office $17K Digital — cycle-to-date Total: $1.29M across 59 disbursements (avg $22K/check) Top buyer: NO ON PROP 31 - CALIFORNIANS AGAINST PROHIBITION, SPONSORED BY MANUFACTURERS (44% of category) Last paid: 2mo ago · +489% vs prior cycle Digital $961

Revenue by service category

last 12 months · hover bars for cycle context
Media — cycle-to-date Total: $3.11M across 19 disbursements (avg $164K/check) Top buyer: STEYER FOR GOVERNOR 2026 (88% of category) Last paid: 2w ago · +45090% vs prior cycle Media $3.1M Digital — cycle-to-date Total: $1.29M across 59 disbursements (avg $22K/check) Top buyer: NO ON PROP 31 - CALIFORNIANS AGAINST PROHIBITION, SPONSORED BY MANUFACTURERS (44% of category) Last paid: 2mo ago · +489% vs prior cycle Digital $77K Admin & Office — cycle-to-date Total: $17K across 5 disbursements (avg $3K/check) Top buyer: CALIFORNIA LEADS (100% of category) Last paid: 2mo ago · no prior-cycle baseline Admin & Office $17K

Revenue by service category

last 18 months · hover bars for cycle context
Media — cycle-to-date Total: $3.11M across 19 disbursements (avg $164K/check) Top buyer: STEYER FOR GOVERNOR 2026 (88% of category) Last paid: 2w ago · +45090% vs prior cycle Media $3.1M Digital — cycle-to-date Total: $1.29M across 59 disbursements (avg $22K/check) Top buyer: NO ON PROP 31 - CALIFORNIANS AGAINST PROHIBITION, SPONSORED BY MANUFACTURERS (44% of category) Last paid: 2mo ago · +489% vs prior cycle Digital $77K Admin & Office — cycle-to-date Total: $17K across 5 disbursements (avg $3K/check) Top buyer: CALIFORNIA LEADS (100% of category) Last paid: 2mo ago · no prior-cycle baseline Admin & Office $17K

Revenue by service category

last 24 months · hover bars for cycle context
Media — cycle-to-date Total: $3.11M across 19 disbursements (avg $164K/check) Top buyer: STEYER FOR GOVERNOR 2026 (88% of category) Last paid: 2w ago · +45090% vs prior cycle Media $3.11M Digital — cycle-to-date Total: $1.29M across 59 disbursements (avg $22K/check) Top buyer: NO ON PROP 31 - CALIFORNIANS AGAINST PROHIBITION, SPONSORED BY MANUFACTURERS (44% of category) Last paid: 2mo ago · +489% vs prior cycle Digital $293K Strategy & Research — cycle-to-date Total: $48K across 4 disbursements (avg $12K/check) Top buyer: HEALTHCARE WORKERS AND EDUCATORS CALIFORNIA SPONSORED BY LABOR ORGANIZATIONS (100% of category) Last paid: 21mo ago · +0% vs prior cycle Strategy & Research $48K Admin & Office — cycle-to-date Total: $17K across 5 disbursements (avg $3K/check) Top buyer: CALIFORNIA LEADS (100% of category) Last paid: 2mo ago · no prior-cycle baseline Admin & Office $17K
Per-category breakdown · cycle-to-date
Category Total spend Txns Avg check % of total Top buyer · share Last paid
Media $3,108,686 19 $164K 67.9% STEYER FOR GOVERNOR 2026 88% 2w ago
Digital $1,288,136 59 $22K 28.1% NO ON PROP 31 - CALIFORNIAN… 44% 2mo ago
Other / Unclassified $115,741 7 $17K 2.5% END PREDATORY & UNFAIR MONE… 91% 6mo ago
Strategy & Research $48,291 4 $12K 1.1% HEALTHCARE WORKERS AND EDUC… 100% 21mo ago
Admin & Office $16,590 5 $3K 0.4% CALIFORNIA LEADS 100% 2mo ago
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Client retention

Sticky-relationship signal: how many clients keep coming back across cycles vs one-time buyers.

1
Anchor clients 3+ cycles
$308,190 · 7% of revenue
0
Repeat clients 2 cycles
$0 · 0% of revenue
37
One-time clients 1 cycle
$4,366,359 · 93% of revenue
Top 1 anchor clients · all-time
Client Cycles All-time spend Txns First paid Last paid
CALIFORNIA TEACHERS ASSOCIATION INDEPENDENT EXPENDITURE COMMITTEE 3 $308,190 3 2020-10-17 2026-04-24
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Geographic concentration

Where this vendor's clients are based — federal committees by state, plus implicit jurisdiction for CA and TX state filers.

State   Total spend % of revenue Clients
CA
$4,674,549 100.0% 38
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Notable disbursements

5 largest all-time · 5 largest in the current cycle · 5 most recent. Each row earns its place.

Reason Date Filer Category Purpose Amount
Largest all-time 2026-04-23 STEYER FOR GOVERNOR 2026 Media Digital Ad Buy $967,891
Largest all-time 2026-07-31 STEYER FOR GOVERNOR 2026 Media Digital Ad Buy $748,963
Largest all-time 2026-07-31 STEYER FOR GOVERNOR 2026 Media Digital Ad Buy $399,107
Largest all-time 2026-05-21 STEYER FOR GOVERNOR 2026 Media Digital Ad Buy $320,713
Largest all-time 2020-11-02 NO ON PROP 31 - CALIFORNIANS AGAINST PROHIBITION, SPONSORED BY MANUFACTURERS Digital DIGITAL ADS $318,151
Largest this cycle 2026-04-23 STEYER FOR GOVERNOR 2026 Media Digital Ad Buy $302,616
Recent 2026-06-02 CALIFORNIA LEADS Admin & Office TEL, WEB $2,738
Recent 2026-06-02 CALIFORNIA LEADS Admin & Office TEL, WEB $771
Recent 2026-06-02 MENJIVAR FOR SENATE 2026 Digital Television, online, and digital advertising $693
4 raw FEC name variants collapsed into this canonical entity
See all 100 disbursements →