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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	681.13	656.85	572.54	452.42	332.74	243.92
Revenue Growth (YoY)	15.30%	14.72%	26.55%	35.97%	36.42%	33.53%
Cost of Revenue	120.86	116.52	106.63	77.87	54.38	35.75
Gross Profit	560.27	540.33	465.91	374.55	278.36	208.17
Selling, General & Admin	269.93	259.65	212.66	184.57	155.59	116.11
Research & Development	161.37	153.05	125.38	95.12	62.7	47
Operating Expenses	477.98	457.91	378.92	314.02	248.58	187.71
Operating Income	82.29	82.42	86.99	60.53	29.78	20.46
Interest Expense	-1.31	-1.12	-1.07	-0.91	-1.17	-4.93
Interest & Investment Income	11.44	12.74	10.84	2.31	0.01	-
Currency Exchange Gain (Loss)	-3.16	-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	89.38	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	89.38	88.79	95.88	59.37	25.82	17.31
Income Tax Expense	37.94	32.56	24.41	16.1	-3.49	-3.14
Net Income	51.44	56.23	71.47	43.27	29.31	20.45
Net Income to Common	51.44	56.23	71.47	43.27	29.31	20.45
Net Income Growth	-22.59%	-21.32%	65.17%	47.63%	43.29%	-12.25%
Shares Outstanding (Basic)	169	171	168	164	148	138
Shares Outstanding (Diluted)	173	175	173	171	160	145
Shares Change (YoY)	-0.73%	0.95%	1.57%	6.55%	10.19%	1.68%
EPS (Basic)	0.30	0.33	0.43	0.26	0.20	0.15
EPS (Diluted)	0.29	0.32	0.41	0.25	0.18	0.14
EPS Growth	-22.83%	-21.95%	64.00%	38.89%	28.57%	-12.50%
Free Cash Flow	138.51	132.52	102.73	54.88	73.35	11.47
Free Cash Flow Per Share	0.80	0.76	0.59	0.32	0.46	0.08
Gross Margin	82.25%	82.26%	81.38%	82.79%	83.66%	85.34%
Operating Margin	12.08%	12.55%	15.19%	13.38%	8.95%	8.39%
Profit Margin	7.55%	8.56%	12.48%	9.56%	8.81%	8.38%
Free Cash Flow Margin	20.34%	20.17%	17.94%	12.13%	22.05%	4.70%
EBITDA	119.16	117.84	120.57	89.36	56.37	43.65
EBITDA Margin	17.50%	17.94%	21.06%	19.75%	16.94%	17.89%
D&A For EBITDA	36.87	35.42	33.59	28.83	26.59	23.2
EBIT	82.29	82.42	86.99	60.53	29.78	20.46
EBIT Margin	12.08%	12.55%	15.19%	13.38%	8.95%	8.39%
Effective Tax Rate	42.45%	36.67%	25.46%	27.12%	-	-
Advertising Expenses	-	0.2	0.1	0.1	0.1	-

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q