DV · Doubleverify Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $180.82M | - | $188.62M | $189.02M | $165.06M | - | $169.56M | $155.89M | $140.78M | - |
| Cost of Revenue | $33.16M | - | $33.47M | $33.13M | $30.97M | - | $29.48M | $26.10M | $26.62M | - |
| Gross Profit | $147.67M | - | $155.16M | $155.90M | $134.09M | - | $140.08M | $129.79M | $114.16M | - |
| R&D | $45.38M | - | $44.84M | $47.20M | $44.72M | - | $39.31M | $39.81M | $36.39M | - |
| SG&A | $25.71M | - | $27.00M | $29.58M | $26.53M | - | $23.04M | $23.07M | $22.07M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $15.34M | - | $15.19M | $14.70M | $12.39M | - | $11.48M | $11.00M | $10.93M | - |
| Operating Income | $15.64M | - | $21.10M | $13.55M | $6.76M | - | $25.72M | $11.05M | $6.89M | - |
| Interest Expense | $413.0K | - | $467.0K | $443.0K | $420.0K | - | $353.0K | $233.0K | $232.0K | - |
| Income Tax | $7.82M | - | $10.34M | $6.45M | $7.16M | - | $11.39M | $5.41M | $1.78M | - |
| Net Income | $6.41M | - | $10.20M | $8.76M | $2.36M | - | $18.20M | $7.47M | $7.16M | - |
| EPS - Basic | $0.04 | - | $0.06 | $0.05 | $0.01 | - | $0.11 | $0.04 | $0.04 | - |
| EPS - Diluted | $0.04 | - | $0.06 | $0.05 | $0.01 | - | $0.10 | $0.04 | $0.04 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $173.80M | $259.04M | $200.73M | $211.78M | $156.36M | $292.82M | $311.91M | $256.07M | $302.02M | $310.13M |
| Accounts Receivable | $222.56M | $221.16M | $217.59M | $188.87M | $213.36M | $226.22M | $193.30M | $187.76M | $195.64M | $206.94M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $12.46M | $14.66M | $13.34M | $13.12M | $12.62M | $11.60M | $13.38M | $10.60M | $12.76M | $12.93M |
| Current Assets | $451.41M | $519.33M | $476.88M | $462.36M | $421.79M | $559.05M | $579.51M | $559.56M | $550.32M | $533.00M |
| Total Assets | $1.27B | $1.35B | $1.30B | $1.30B | $1.25B | $1.28B | $1.31B | $1.27B | $1.26B | $1.24B |
| Current Liabilities | $94.62M | $121.56M | $119.87M | $104.90M | $113.51M | $103.48M | $88.20M | $79.53M | $75.37M | $83.86M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $193.14M | $222.75M | $219.65M | $206.91M | $216.56M | $192.75M | $181.77M | $167.48M | $163.10M | $169.09M |
| Stockholders' Equity | $1.08B | $1.13B | $1.08B | $1.09B | $1.03B | $1.08B | $1.13B | $1.11B | $1.10B | $1.07B |
| Retained Earnings | $312.27M | $305.86M | $276.54M | $266.33M | $257.57M | $255.21M | $231.81M | $213.61M | $206.14M | $198.98M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.17M | - | - | - | $37.66M | - | - | - | $31.77M | - |
| Investing Cash Flow | ($10.54M) | - | - | - | ($89.86M) | - | - | - | ($38.60M) | - |
| Financing Cash Flow | ($78.14M) | - | - | - | ($85.75M) | - | - | - | ($912.0K) | - |
| CapEx | $10.54M | - | - | - | $6.29M | - | - | - | $6.39M | - |
| Free Cash Flow | ($6.37M) | - | - | - | $31.38M | - | - | - | $25.38M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 81.7% | - | 82.3% | 82.5% | 81.2% | - | 82.6% | 83.3% | 81.1% | - |
| Operating margin | 8.6% | - | 11.2% | 7.2% | 4.1% | - | 15.2% | 7.1% | 4.9% | - |
| EBITDA margin | 17.1% | - | 19.2% | 14.9% | 11.6% | - | 21.9% | 14.1% | 12.7% | - |
| Net margin | 3.5% | - | 5.4% | 4.6% | 1.4% | - | 10.7% | 4.8% | 5.1% | - |
| Free cash flow margin | -3.5% | - | - | - | 19.0% | - | - | - | 18.0% | - |
| FCF / Net income | -0.99 | - | - | - | 13.29 | - | - | - | 3.55 | - |
| R&D / Revenue | 25.1% | - | 23.8% | 25.0% | 27.1% | - | 23.2% | 25.5% | 25.9% | - |
| SG&A / Revenue | 14.2% | - | 14.3% | 15.6% | 16.1% | - | 13.6% | 14.8% | 15.7% | - |
| Effective tax rate | 55.0% | - | 50.3% | 42.4% | 75.2% | - | 38.5% | 42.0% | 19.9% | - |
| Return on assets | 0.5% | - | 0.8% | 0.7% | 0.2% | - | 1.4% | 0.6% | 0.6% | - |
| Return on equity | 0.6% | - | 0.9% | 0.8% | 0.2% | - | 1.6% | 0.7% | 0.7% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 4.77 | 4.27 | 3.98 | 4.41 | 3.72 | 5.40 | 6.57 | 7.04 | 7.30 | 6.36 |
| Quick ratio | 4.77 | 4.27 | 3.98 | 4.41 | 3.72 | 5.40 | 6.57 | 7.04 | 7.30 | 6.36 |
| Cash ratio | 1.84 | 2.13 | 1.67 | 2.02 | 1.38 | 2.83 | 3.54 | 3.22 | 4.01 | 3.70 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 37.9x | - | 45.2x | 30.6x | 16.1x | - | 72.9x | 47.4x | 29.7x | - |
| Equity multiplier | 1.18 | 1.20 | 1.20 | 1.19 | 1.21 | 1.18 | 1.16 | 1.15 | 1.15 | 1.16 |
| Liabilities / Assets | 0.15 | 0.16 | 0.17 | 0.16 | 0.17 | 0.15 | 0.14 | 0.13 | 0.13 | 0.14 |
| Efficiency | ||||||||||
| Asset turnover | 0.14 | - | 0.15 | 0.15 | 0.13 | - | 0.13 | 0.12 | 0.11 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 449d | - | 421d | 365d | 472d | - | 416d | 440d | 507d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 137d | - | 146d | 145d | 149d | - | 166d | 148d | 175d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 237.5x | - | 199.7x | 299.4x | 1337.0x | - | 168.4x | 486.7x | 879.0x | - |
| P / B | 1.4x | - | 1.9x | 2.3x | 2.2x | - | 2.6x | 3.1x | 5.6x | - |
| P / S | 8.6x | - | 10.6x | 13.2x | 13.7x | - | 17.3x | 22.0x | 44.0x | - |
| EV / EBITDA | 44.7x | - | 49.4x | 80.9x | 109.8x | - | 70.3x | 143.7x | 330.5x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 9.6% | - | 11.2% | 21.3% | 17.2% | - | 17.8% | 16.6% | 14.8% | - |
| Revenue CAGR (3y) | 13.8% | - | 18.9% | 19.8% | 19.5% | - | 26.8% | 43.3% | 40.1% | - |
| Revenue CAGR (5y) | 28.7% | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 10.1% | - | 10.8% | 20.1% | 17.5% | - | 19.2% | 20.7% | 15.7% | - |
| Operating income growth (YoY) | 131.2% | - | -18.0% | 22.6% | -1.9% | - | 41.1% | -24.5% | -54.7% | - |
| Net income growth (YoY) | 171.5% | - | -43.9% | 17.2% | -67.0% | - | 36.4% | -41.8% | -41.2% | - |
| EPS growth (YoY) | 300.0% | - | -40.0% | 25.0% | -75.0% | - | 25.0% | -42.9% | -42.9% | - |
| EPS CAGR (3y) | -17.0% | - | 0.0% | -5.9% | -30.7% | - | 26.0% | 10.1% | 26.0% | - |
| EPS CAGR (5y) | 14.9% | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | 23.6% | - | - | - | 46.5% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 4.7% | 4.4% | -4.8% | -1.4% | -5.9% | 0.9% | 11.8% | 18.3% | 21.5% | 22.5% |
Peer comparison
Same SIC group: Services-Computer Programming, Data Processing, Etc.
Comparing DoubleVerify Holdings against the 5 most active filers in the same SIC group.