DoubleVerify Holdings, Inc. (DV)

DoubleVerify Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	714.26	656.85	572.54	452.42	332.74	243.92
Revenue Growth (YoY)	16.54%	14.72%	26.55%	35.97%	36.42%	33.53%
Cost of Revenue	127.89	116.52	106.63	77.87	54.38	35.75
Gross Profit	586.37	540.33	465.91	374.55	278.36	208.17
Selling, General & Admin	282.45	259.65	212.66	184.57	155.59	116.11
Research & Development	168.77	153.05	125.38	95.12	62.7	47
Operating Expenses	501.59	457.91	378.92	314.02	248.58	187.71
Operating Income	84.79	82.42	86.99	60.53	29.78	20.46
Interest Expense	-1.52	-1.12	-1.07	-0.91	-1.17	-4.93
Interest & Investment Income	8.87	12.74	10.84	2.31	0.01	-
Currency Exchange Gain (Loss)	-0.56	-5.32	-0.86	-1.1	0.1	-0.5
Other Non Operating Income (Expenses)	0.12	0.07	0.04	0.05	0.25	0.44
EBT Excluding Unusual Items	91.71	88.79	95.95	60.88	28.98	15.46
Merger & Restructuring Charges	-	-	-1.26	-	-3.1	-
Asset Writedown	-	-	-	-1.51	-	-
Other Unusual Items	-	-	1.19	-	-0.06	0.95
Pretax Income	91.71	88.79	95.88	59.37	25.82	17.31
Income Tax Expense	38.99	32.56	24.41	16.1	-3.49	-3.14
Net Income	52.72	56.23	71.47	43.27	29.31	20.45
Net Income to Common	52.72	56.23	71.47	43.27	29.31	20.45
Net Income Growth	-13.69%	-21.32%	65.17%	47.63%	43.29%	-12.25%
Shares Outstanding (Basic)	167	171	168	164	148	138
Shares Outstanding (Diluted)	171	175	173	171	160	145
Shares Change (YoY)	-2.98%	0.95%	1.57%	6.55%	10.19%	1.68%
EPS (Basic)	0.32	0.33	0.43	0.26	0.20	0.15
EPS (Diluted)	0.31	0.32	0.41	0.25	0.18	0.14
EPS Growth	-7.01%	-21.95%	64.00%	38.89%	28.57%	-12.50%
Free Cash Flow	149.88	132.52	102.73	54.88	73.35	11.47
Free Cash Flow Per Share	0.88	0.76	0.59	0.32	0.46	0.08
Gross Margin	82.09%	82.26%	81.38%	82.79%	83.66%	85.34%
Operating Margin	11.87%	12.55%	15.19%	13.38%	8.95%	8.39%
Profit Margin	7.38%	8.56%	12.48%	9.56%	8.81%	8.38%
Free Cash Flow Margin	20.98%	20.17%	17.94%	12.13%	22.05%	4.70%
EBITDA	125.35	117.84	120.57	89.36	56.37	43.65
EBITDA Margin	17.55%	17.94%	21.06%	19.75%	16.94%	17.89%
D&A For EBITDA	40.57	35.42	33.59	28.83	26.59	23.2
EBIT	84.79	82.42	86.99	60.53	29.78	20.46
EBIT Margin	11.87%	12.55%	15.19%	13.38%	8.95%	8.39%
Effective Tax Rate	42.51%	36.67%	25.46%	27.12%	-	-
Advertising Expenses	-	0.2	0.1	0.1	0.1	-

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q