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Friday 6 November 2026 Export DV’s income statement to Excel — free account

DoubleVerify Holdings, Inc.

DV Communication Services Advertising Agencies

DoubleVerify Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $748.3 million, up 13.9% from fiscal 2024.

Revenue
+9.02%
EPS
+66.7%
Free cash flow
+17.0%
Total debt
+114.9%

Quarter to September 2026, against a year earlier

13.55 0.00 0.00%
Market cap
$2.1B
P/E
33.9×
Fwd P/E
30.0×
Dividend yield
—
F-score
5/9
Altman Z
6.43
Beneish M
−3.05
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Sold, $m 0.07
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 1 1 1 1 — — — — — — — —
Insider Ownership 12.45%

Capital & Financial Ratios $m

Size
Market Cap 2,120.00
Revenue ttm 785.84
Net income ttm 64.59
Free cash flow ttm 167.18
Net debt Q (236.29)
Valuation
P/E 33.88
Forward P/E 30.00
Price / sales 2.68
Forward P/S Powerpack
Price / FCF 12.58
Price / book 1.86
Financial health
Current ratio Q 4.69 (at or above 1.5: strong)
Debt / equity Q 0.01 (at or below 0.5: strong)
Interest coverage Q 43.47
Growth
Revenue growth Q +9.02% (above 0%: growing)
Operating income growth Q +34.31% (above 0%: growing)
EPS, this year +47.20% (at or above 15%: strong)
EPS, next year A +33.38% (at or above 15%: strong)
Revenue, next year A +7.78%
EPS, past 5 yrs +16.37% (at or above 15%: strong)
EPS, next 5 yrs A +25.85% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 2.4×, against a ten-year median of 8.4×; over the ten years it ranged from 1.8× in 2026 to 21.2× in 2021.
P/E against its own 10 years 9.83%
10-year low 10-year high
P/S against its own 10 years 18.29%
10-year low 10-year high
P/B against its own 10 years 17.29%
10-year low 10-year high
EV/Sales against its own 10 years 16.71%
10-year low 10-year high
EV/FCF against its own 10 years 11.84%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2016–23
−100.0%/yr
  1. 0.36 ’16
  2. 0.00 ’18 −100
  3. 0.00 ’19
  4. 0.00 ’20
  5. 0.00 ’21
  6. 0.00 ’22
  7. 0.00 ’23
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 310 311 259 251
Receivables 207 226 221 228
Inventory — — — —
Other — — — —
533 559 519 521
2023 2024 2025 Q'26
Payables 13 12 15 15
ST’ Debt — — — —
Other 9 8 13 11
84 103 122 111

Compound Annual Growth %

10y 5y 3y
Sales — 25.13% 18.26%
Cash Flow — 58.34% 30.57%
Earnings — 19.88% 5.39%
Book Value — 22.11% 8.86%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 0.27 Actual 0.25

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 0.33 0.31 Miss by 0.02
Q1 FY26 0.18 0.17 Miss by 0.01
Q2 FY26 0.25 0.22 Miss by 0.03
Q3 FY26 0.27 0.25 Miss by 0.02
Q4 FY26 0.34 — Reports 25 February 2027

EPS $

Mar Jun Sep Dec Year
’26 0.04 0.08 0.10 — —
’25 0.01 0.05 0.06 0.18 0.30
’24 0.04 0.04 0.10 0.13 0.32
’23 0.07 0.07 0.08 0.19 0.41
’22 0.03 0.06 0.06 0.10 0.25
’21 0.04 (0.08) 0.05 0.17 0.18
’20 0.02 0.03 0.04 0.06 0.14
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 181 194 206 — —
’25 165 189 189 206 748
’24 141 156 170 191 657
’23 123 134 144 172 573
’22 97 110 112 134 452
’21 68 77 83 106 333
’20 51 53 61 79 244
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 4 76 56 — —
’25 38 50 51 73 211
’24 32 36 55 37 160
’23 21 11 36 52 120
’22 (2) 29 32 37 95
’21 19 23 16 24 83
’20 13 5 0 3 21
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (6) 66 46 — —
’25 31 40 39 62 173
’24 25 29 48 30 133
’23 17 7 31 47 103
’22 (7) 20 18 24 55
’21 18 21 14 20 73
’20 10 3 (2) 0 11
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — 104 183 244 333 452 573 657 748 786 +32.5% 807 874 917 +7.0%
Gross margin, % — — 82.24 86.40 85.34 83.66 82.79 81.38 82.26 82.16 82.17 (0.1) pt
EBT — — 2 35 17 26 59 96 89 83 102 +70.4%
EBT margin, % — — 1.90 19.36 7.10 7.76 13.12 16.75 13.52 11.05 12.92 +9.2 pt
Net income — 0 3 23 20 29 43 71 56 51 65 n/m
Per share, $
Per share, $ Revenue — — 0.75 1.31 1.77 2.24 2.76 3.41 3.85 4.60 5.06 +29.6%
Earnings — — 0.02 0.17 0.15 0.20 0.26 0.43 0.33 0.31 0.40 +45.2%
Cash flow — — 0.09 0.21 0.15 0.56 0.58 0.71 0.94 1.30 1.35 +47.3%
Capex — — (0.01) (0.04) (0.07) (0.06) (0.24) (0.10) (0.16) (0.24) (0.27) +53.7%
Free cash flow — — 0.07 0.17 0.08 0.49 0.33 0.61 0.78 1.06 1.08 +46.1%
Book value — — 0.00 2.28 3.02 5.39 5.35 6.40 6.35 6.95 7.30 n/m
Shares, m — — 140 140 138 148 164 168 171 163 158 +2.2%
Valuation, ×
Valuation, × P/E — — 199.23 199.23 199.23 158.48 83.77 83.95 60.03 37.59 33.88 127.7
P/S — — 17.30 17.30 17.30 14.83 7.89 10.58 4.99 2.49 2.68 11.6
P/B — — 10.62 10.62 10.62 6.18 4.07 5.64 3.02 1.65 1.86 6.6
EV/Sales — — 17.22 17.22 17.22 14.18 7.30 10.04 4.52 2.15 2.38 11.2
EV/FCF — — 231.43 231.43 231.43 64.31 60.18 55.98 22.38 9.32 11.17 113.3
Cash, $m
Cash, $m Operating cash flow — — 12 29 21 83 95 120 160 211 209 +50.5%
Capex — — (2) (6) (10) (9) (40) (17) (27) (39) (42) +57.0%
Free cash flow — — 10 23 11 73 55 103 133 173 167 +49.3%
Balance, $m
Balance, $m Working capital — — 56 53 108 311 376 449 456 398 410 +32.3%
Net debt — — 29 66 (8) (219) (267) (307) (310) (253) (236) n/m
Shareholders’ equity — — — 318 417 799 877 1,074 1,083 1,131 1,133 +23.6%
Returns, %
Returns, % ROA — — 0.00 10.00 4.18 4.18 4.49 6.27 4.46 3.85 4.88 +3.9 pt
ROIC — — 10.91 6.37 3.26 2.88 6.05 6.99 6.66 5.64 7.30 (5.3) pt
ROE — — 1.04 7.63 5.57 4.82 5.16 7.33 5.21 4.57 5.85 +3.5 pt
People
People Employees — — — — 647 800 598 657 715 1,231 — +13.7%
Revenue/emp, $m — — 0.00 0.00 0.38 0.42 0.76 0.87 0.92 0.61 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

DoubleVerify Holdings, Inc. vs peers in Advertising Agencies (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TTD The Trade Desk $6.1B 15.1× 32.6× +3.03% (above 0%: growing) −22.22% (below 0%: shrinking) +29.84% (above 0%: growing) 74.22% 14.21% Compare
WPP WPP PLC $6.0B 20.8× 26.8× +7.31% (above 0%: growing) −56.60% (below 0%: shrinking) −21.98% (below 0%: shrinking) 14.73% 0.00% Compare
MGNI Magnite, Inc. $4.0B 21.9× 31.7× +13.76% (above 0%: growing) +71.43% (above 0%: growing) +36.82% (above 0%: growing) 68.65% 24.75% Compare
LFTO Liftoff Mobile, Inc $2.9B — — — n/m — 86.77% 35.27% Compare
STGW Stagwell Inc. $2.7B 271× 44.9× +9.83% (above 0%: growing) −30.00% (below 0%: shrinking) +243.48% (above 0%: growing) 37.29% 5.89% Compare
DV DoubleVerify Holdings, Inc. $2.1B 33.9× 30.0× +9.02% (above 0%: growing) +66.67% (above 0%: growing) +16.98% (above 0%: growing) 81.26% 13.78%
ZD Ziff Davis, Inc. $1.9B 3.1× 2.8× −18.59% (below 0%: shrinking) +2,623.81% (above 0%: growing) +100.30% (above 0%: growing) 84.06% (15.60%) Compare
QNST QuinStreet, Inc. $1.2B 14.3× 15.7× +42.67% (above 0%: growing) +450.00% (above 0%: growing) +84.60% (above 0%: growing) 13.32% 5.11% Compare
CRTO Criteo S.A. $858.7M 10.9× 8.2× −11.33% (below 0%: shrinking) −84.72% (below 0%: shrinking) −68.68% (below 0%: shrinking) 49.86% 5.03% Compare
Median of peers $2.8B 15.1× 26.8× +7.31% −22.22% +36.82% 59.26% 5.50%

All 41 Advertising Agencies stocks →

Pay and ownership Proxy statement filed 7 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 11.81m 6.93m 32.00
2024 1.08m (17.93m) 53.00
2023 10.81m 30.94m 102.00
2022 8.61m (8.78m) 61.00
2021 7.37m 46.72m 92.00

Ownership

Directors and executive officers, together 3.96%
Providence VII U.S. Holdings L.P. 11.56%
BlackRock, Inc. 10.30%
The Vanguard Group 9.43%
Topline Capital Management, LLC 5.38%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

DoubleVerify Holdings, Inc. (DV) Latest News

1 Nov

Impact 3 · · Simply Wall St.

30 Oct

Impact 4 · · MarketBeat
Impact 3 · · GlobeNewswire

29 Oct

Impact 4 · · GlobeNewswire

14 Oct

Impact 3 · · GlobeNewswire

7 Oct

Impact 3 · · PR Newswire

5 Oct

Impact 5 · · Benzinga
Impact 4 · · Benzinga
Impact 4 · · GlobeNewswire

29 Sep

Impact 5 · · Bloomberg
Impact 3 ·
Impact 3 · · GlobeNewswire

23 Sep

Impact 4 · · Insider Monkey

20 Sep

Impact 4 · · Simply Wall St.
Impact 3 ·

17 Sep

Impact 4 ·

26 Aug

Impact 3 ·

19 Aug

Impact 4 ·

13 Aug

Impact 3 ·

12 Aug

Impact 4 ·

11 Aug

Impact 4 ·

10 Aug

Impact 5 · · Barchart
Impact 4 · · adweek.com
Impact 3 ·

8 Aug

Impact 5 · · forbes.com

7 Aug

Impact 5 · · axios.com
Impact 5 · · marketingdive.com
Impact 4 ·
Impact 4 · · Trefis
Impact 3 · · InvestorsHub

DV metrics, ten years each

stockrow.com/DV · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com