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

DoubleVerify Holdings, Inc. (DV) Gross margin

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DoubleVerify Holdings, Inc.'s gross margin over the twelve months to 30 September 2026 was 82.2%, up 0.0 percentage points from fiscal 2025 (82.2%). Over the past ten years it has ranged from 81.4% (fiscal 2023) to 86.4% (fiscal 2019); the current reading is higher than 25% of that period. That is above the Advertising Agencies industry median of 44.7% and above the Communication Services sector median of 51.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 82.2% (0.10)
FY2024 82.3% 0.88
FY2023 81.4% (1.41)
FY2022 82.8% (0.87)
FY2021 83.7% (1.68)
FY2020 85.3% (1.06)
FY2019 86.4% 4.16
FY2018 82.2% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 81.3% (1.98)
Jun 2026 83.2% 1.58
Mar 2026 81.7% (0.86)
Dec 2025 82.5% 0.26
24 more quarters

Against its own ten years

Low 81.4% High 86.4%
Ten-year median 82.5%
Current reading's percentile 32

Gross margin against peers

Company Gross margin
ZD Ziff Davis, Inc. compare 92.3%
DV DoubleVerify Holdings, Inc. 82.2%
TTD The Trade Desk compare 76.9%
MGNI Magnite, Inc. compare 66.6%
CRTO Criteo S.A. compare 52.5%
STGW Stagwell Inc. compare 36.0%
WPP WPP PLC compare 17.2%
QNST QuinStreet, Inc. compare 11.3%
LFTO Liftoff Mobile, Inc compare —
Advertising Agencies industry median 44.7%
Communication Services sector median 51.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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